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ArcelorMittal SA
Previous close
$24.90
Day range
$24.70 - $25.06
Year range
$20.52 - $28.95
Market cap
21.35B USD
Avg Volume
1.60M
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 15.20B | -8.55% |
Operating expense | 646.00M | -2.42% |
Net income | 287.00M | -69.11% |
Net profit margin | 1.89 | -66.19% |
Earnings per share | 0.63 | -38.67% |
EBITDA | 1.46B | -21.98% |
Effective tax rate | 51.30% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 5.09B | -19.00% |
Total assets | 93.17B | -0.61% |
Total liabilities | 37.80B | 4.43% |
Total equity | 55.36B | — |
Shares outstanding | 778.00M | — |
Price to book | 0.36 | — |
Return on assets | 2.10% | — |
Return on capital | 2.93% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 287.00M | -69.11% |
Cash from operations | 1.41B | 10.15% |
Cash from investing | -1.86B | -90.70% |
Cash from financing | -533.00M | -622.55% |
Net change in cash | -840.00M | -362.50% |
Free cash flow | 288.12M | -66.24% |
About
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 78 million metric tonnes in 2023. It has steel-making operations in 15 countries,
including 37 integrated and mini-mill steel-making facilities. In 2023, the company's production was 39% in the Americas, 50% in Europe and 11% in other countries, such as South Africa and Ukraine. The company is vertically-integrated and produces 57% of its iron ore needs, 7% of its coal needs, 98% of its coke needs, and 59% of its scrap and direct reduced iron needs.
The company is ranked 190th on the Fortune Global 500.
The company is 39.87% owned by Lakshmi Mittal and his family and 56.20% of the company is publicly-traded.
The Company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, South Africa and, via its joint venture in India and associate in Baffinland in Canada. The company's market share in the production of steel for the automotive industry is 15%.
The company makes 200 unique steel grades for automotive purposes. Wikipedia
Founded
2006
Headquarters
Website
Employees
126,756