ArcelorMittal revenue and financials

MT · NYSE · USD

$65.19+0.71%+$0.46

Close · October 6, 2026

In the fiscal year ended December 2025, ArcelorMittal reported revenue of $61.35B (−1.74% year over year). Net income was $3.15B, a net margin of 5.1%.

Annual revenue · 2025: $61.35B

$56.79B2016
$68.68B2017
$76.03B2018
$70.62B2019
$53.27B2020
$76.57B2021
$79.84B2022
$68.28B2023
$62.44B2024
$61.35B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: −1.74%; 2025 vs 2024
Net income growth: +135.40%; 2025 vs 2024
Net margin: 5.1%; 2024: 2.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	97,703	89,385	93,917	94,547	90,512	82,052	87,908	91,249	85,297	75,142
Current assets	30,605	29,382	33,240	37,118	34,939	27,973	28,616	32,475	26,745	22,247
Cash and equivalents	5,392	6,400	7,686	9,300	4,215	5,600	4,867	2,172	2,574	2,501
Receivables	4,988	5,046	5,196	5,482	6,518	—	—	—	—	—
Inventory	18,589	16,501	18,759	20,087	19,858	—	—	—	—	—
Net property, plant and equipment	41,041	33,311	33,656	30,167	30,075	—	—	—	—	—
Goodwill	4,266	3,605	3,908	3,767	3,931	—	—	—	—	—
Other intangible assets	986	848	1,194	1,136	494	—	—	—	—	—
Long-term investments	10,746	11,719	10,591	11,884	11,465	—	—	—	—	—
Current liabilities	22,520	21,825	21,769	22,398	24,167	22,667	21,287	23,455	21,410	18,115
Accounts payable	13,008	12,921	13,605	13,532	15,093	—	—	—	—	—
Long-term debt	13,410	11,563	10,681	11,650	8,401	12,322	14,340	12,483	12,928	—
Total debt	13,410	11,563	10,681	11,650	—	—	—	—	—	—
Total liabilities	41,167	38,099	37,849	38,957	39,168	41,815	47,425	47,141	44,442	42,817
Total equity (incl. minority)	56,536	51,286	56,068	55,590	51,344	—	—	—	—	—
Retained earnings	49,918	47,254	46,264	45,442	36,702	—	—	—	—	—
Minority interest	2,070	2,063	2,107	2,438	2,238	—	—	—	—	—