ArcelorMittal revenue and financials
$65.21Change from previous close: +0.74%Absolute change: +$0.48
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 4,808 | 4,852 | 7,645 | 10,203 | 9,905 | 4,082 | 6,017 | 4,196 | 4,563 | 2,708 |
| Depreciation and amortization | 2,945 | 2,632 | 2,675 | 2,580 | 2,523 | 2,960 | 3,067 | 2,799 | 2,768 | 2,721 |
| Capital expenditure | -4,337 | -4,405 | -4,613 | -3,468 | -3,008 | — | — | — | — | — |
| Investing cash flow | -4,551 | -4,987 | -5,848 | -4,483 | -340 | — | — | — | — | — |
| Financing cash flow | -1,766 | -680 | -3,666 | -477 | -10,898 | — | — | — | — | — |
| Dividends paid | -542 | -580 | -531 | -663 | -572 | -181 | -332 | -220 | -141 | -61.0 |
| Share repurchases | -262 | -1,300 | -1,208 | -2,937 | -5,170 | — | — | — | — | — |
| Debt issued | 2,139 | 2,484 | 352 | 4,327 | 434 | — | — | — | — | — |
| Debt repaid | -3,013 | -1,456 | -1,939 | -1,204 | -5,590 | — | — | — | — | — |
| Effect of exchange rates | 504 | -471 | 255 | -158 | -55.0 | — | — | — | — | — |
| Net change in cash | -1,008 | -1,286 | -1,614 | 5,085 | -1,385 | — | — | — | — | — |
| Free cash flow | 471 | 447 | 3,032 | 6,735 | 6,897 | — | — | — | — | — |
| Levered free cash flow | -2,182 | 2,290 | 1,520 | 6,650 | 3,461 | — | — | — | — | — |