MT Stock Analysis: ArcelorMittal | NYSE
Steel | NYSE, USA | Market Cap: 49.052m USD | 12M Return: 64.4% | US03938L2034 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 94.1M
EPS Trend: -72.9%
Qual. Beats: -1
Rev. Trend: -77.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
ArcelorMittal S.A. is a Luxembourg-headquartered integrated steel and mining company operating across the Americas, Europe, Asia, and Africa. Founded in 1976 and listed on the NYSE in 1997, it produces a broad range of flat and long steel products-including slabs, plates, coils, sheets, tinplate, bars, wire-rods, structural sections, rails, and pipes and tubes-alongside mining outputs such as iron ore and coking coal. Its vertically integrated model spans iron ore mining operations in countries including Brazil, Canada, India, Liberia, Mexico, South Africa, and Ukraine, supplying raw materials internally while also selling to external customers in the automotive, construction, energy, appliance, engineering, and machinery sectors.
As an integrated producer, ArcelorMittal controls the full value chain from raw material extraction through finished steel manufacturing, which is characteristic of capital-intensive steelmakers seeking margin stability across commodity cycles. The company sits within the GICS Materials sector and Steel sub-industry, and is classified as a large-cap stock.
- Steel prices decline on weak European demand and Chinese export oversupply
- Iron ore and coking coal prices drive mining segment margins
- Automotive demand recovery supports flat product pricing in Americas
| Net Income: 1.81b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -1.87 > 1.0 |
| NWC/Revenue: 15.27% < 20% (prev 15.46%; Δ -0.19% < -1%) |
| CFO/TA 0.05 > 3% & CFO 5.42b > Net Income 1.81b |
| Net Debt (10.6b) to EBITDA (7.28b): 1.46 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (764.0m) vs 12m ago -0.91% < -2% |
| Gross Margin: 8.47% > 18% (prev 6.57%; Δ 1.90% > 0.5%) |
| Asset Turnover: 63.47% > 50% (prev 61.32%; Δ 2.15% > 0%) |
| Interest Coverage Ratio: 5.14 > 6 (EBIT TTM 4.16b / Interest Expense TTM 810.0m) |
| A: 0.10 (Total Current Assets 32.0b - Total Current Liabilities 22.4b) / Total Assets 99.2b |
| B: 0.51 (Retained Earnings 50.7b / Total Assets 99.2b) |
| C: 0.04 (EBIT TTM 4.16b / Avg Total Assets 99.0b) |
| D: 1.30 (Book Value of Equity 54.8b / Total Liabilities 42.3b) |
| Altman-Z'' = 3.95 = AA |
| DSRI: 0.94 (Receivables 4.51b/4.63b, Revenue 62.8b/60.6b) |
| GMI: 0.78 (GM 6.57% / 8.47%) |
| AQI: 0.98 (AQ_t 0.26 / AQ_t-1 0.27) |
| SGI: 1.04 (Revenue 62.8b / 60.6b) |
| TATA: -0.04 (NI 1.81b - CFO 5.42b) / TA 99.2b) |
| Beneish M = -3.27 (Cap -4..+1) = AA |
As of October 12, 2026, the stock is trading at USD 64.11 with a total of 1,312,534 shares traded. Over the past week, the price has changed by -0.62%, over one month by -16.79%, over three months by +2.04% and over the past year by +64.44%.
Current recommended Stop Loss: 61.50 (which is 4.1% or 1.3 ATR below the current price).
ArcelorMittal has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy MT.
- StrongBuy: 3
- Buy: 2
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 77.8 | 21.4% |
P/E Trailing = 27.5063
P/E Forward = 11.3122
P/S = 0.7805
P/B = 0.9872
P/EG = 0.6602
Revenue TTM = 62.8b USD
EBIT TTM = 4.16b USD
EBITDA TTM = 7.28b USD
Long Term Debt = 11.7b USD (from longTermDebt, last quarter)
Short Term Debt = 2.69b USD (from shortTermDebt, last quarter)
Debt = 15.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.09b
Net Debt = 10.6b USD (calculated: Debt 15.5b - CCE 4.90b)
Enterprise Value = 59.7b USD (49.1b + Debt 15.5b - CCE 4.90b)
Interest Coverage Ratio = 5.14 (Ebit TTM 4.16b / Interest Expense TTM 810.0m)
EV/FCF = -31.06x (Enterprise Value 59.7b / FCF TTM -1.92b)
FCF Yield = -3.22% (FCF TTM -1.92b / Enterprise Value 59.7b)
FCF Margin = -3.06% (FCF TTM -1.92b / Revenue TTM 62.8b)
Net Margin = 2.88% (Net Income TTM 1.81b / Revenue TTM 62.8b)
Gross Margin = 8.47% ((Revenue TTM 62.8b - Cost of Revenue TTM 57.5b) / Revenue TTM)
Gross Margin QoQ = 6.29% (prev 9.72%)
Tobins Q-Ratio = 0.60 (Enterprise Value 59.7b / Total Assets 99.2b)
Interest Expense / Debt = 5.22% (Interest Expense 810.0m / Debt 15.5b)
Taxrate = 10.40% (216.0m / 2.08b)
NOPAT = 3.73b (EBIT 4.16b * (1 - 10.40%))
Current Ratio = 1.43 (Total Current Assets 32.0b / Total Current Liabilities 22.4b)
Debt / Equity = 0.28 (Debt 15.5b / totalStockholderEquity, last quarter 54.8b)
Debt / EBITDA = 1.46 (Net Debt 10.6b / EBITDA 7.28b)
Debt / FCF = -5.53 (negative FCF - burning cash) (Net Debt 10.6b / FCF TTM -1.92b)
Total Stockholder Equity = 54.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.83% (Net Income 1.81b / Total Assets 99.2b)
RoE = 3.31% (Net Income TTM 1.81b / Total Stockholder Equity 54.8b)
RoCE = 6.26% (EBIT 4.16b / Capital Employed (Equity 54.8b + L.T.Debt 11.7b))
RoIC = 4.88% (NOPAT 3.73b / Invested Capital 76.3b)
WACC = 9.43% (E(49.1b)/V(64.6b) * Re(10.93%) + D(15.5b)/V(64.6b) * Rd(5.22%) * (1-Tc(0.10)))
Discount Rate = 10.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -86.47 | Cagr: -2.62%
[DCF] Fair Price = unknown (Cash Flow -1.92b)
EPS Correlation: -72.90 | EPS CAGR: -18.91% | SUE: -1.05 | # QB: -1
Revenue Correlation: -77.37 | Revenue CAGR: -4.08% | SUE: -0.74 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.97 | Chg30d=-20.93% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=3.93 | Chg30d=-10.80% | Revisions=+0% | GrowthEPS=+2.0% | GrowthRev=+9.6%
EPS next Year (2027-12-31): EPS=7.11 | Chg30d=-4.34% | Revisions=+0% | GrowthEPS=+81.2% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: +22% (up=4, down=2)