MTNYSESteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31Also trades as AMSYF, ARCXF
ArcelorMittal
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 6, 2026
$62.64−0.41 (-0.65%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 15.2
- Dividend yield
- –
ArcelorMittal revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $25.55B | $26.55B | $28.03B | $34.82B | $43.20B | $27.99B | $37.49B | $40.25B | $35.83B | $29.00B | 41.6% | -3.7% |
| North America | $12.28B | $11.79B | $12.86B | $13.72B | – | – | – | – | – | – | 20.0% | +4.1% |
| Brazil | $9.54B | $10.52B | $11.19B | $11.93B | $10.83B | $5.61B | $6.98B | $7.08B | $6.57B | $5.53B | 15.6% | -9.3% |
| Sustainable Solutions | $9.29B | $9.09B | $9.89B | $12.20B | – | – | – | – | – | – | 15.1% | +2.2% |
| Others | $3.33B | $3.51B | $5.14B | $5.88B | $17.00M | $11.00M | $71.00M | $85.00M | – | – | 5.4% | -5.1% |
| Mining | $1.37B | $982.00M | $1.17B | $1.31B | $1.64B | $1.19B | $981.00M | $836.00M | $985.00M | $781.00M | 2.2% | +39.0% |
| "Africa and Commonwealth of Independent States (""ACIS"")" | – | – | $5.12B | $5.86B | $8.39B | $5.03B | $6.51B | $7.53B | $7.32B | $5.68B | – | – |
| Brazil | – | – | – | – | – | – | – | – | $6.57B | $5.53B | – | – |
| NAFTA | – | – | $12.86B | $13.72B | $12.49B | $13.44B | $18.59B | $20.26B | $17.89B | $15.77B | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $2.21B | $1.31B | $1.92B | $2.82B | – | – | – | – | – | – | +68.3% |
| Mining | $789.00M | $770.00M | $1.14B | $1.48B | $2.37B | $1.25B | $1.03B | $707.00M | $991.00M | $366.00M | +2.5% |
| Brazil | $608.00M | $1.40B | $1.46B | $2.78B | $3.80B | $777.00M | $853.00M | $1.37B | $697.00M | $614.00M | -56.5% |
| Europe | $522.00M | $386.00M | $879.00M | $3.52B | $5.67B | -$1.44B | -$1.10B | $1.64B | $2.36B | $1.27B | +35.2% |
| Sustainable Solutions | $142.00M | $57.00M | $225.00M | $778.00M | – | – | – | – | – | – | +149.1% |
| Others | -$633.00M | -$642.00M | -$3.38B | -$1.21B | -$228.00M | -$268.00M | -$285.00M | -$247.00M | – | – | -1.4% |
| "Africa and Commonwealth of Independent States (""ACIS"")" | – | – | -$3.02B | -$930.00M | $2.71B | $209.00M | $31.00M | $1.13B | $508.00M | $211.00M | – |
| Brazil | – | – | – | – | – | – | – | – | $697.00M | $614.00M | – |
| NAFTA | – | – | $1.92B | $2.82B | $2.80B | $1.68B | -$1.14B | $1.99B | $1.19B | $2.00B | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steel sales | $52.95B | $54.93B | $60.03B | $70.79B | $67.80B | $47.69B | $63.68B | $69.31B | $62.68B | $51.63B | 86.3% | -3.6% |
| Flat products | $34.08B | $35.38B | $38.65B | $44.78B | $41.90B | $31.58B | $43.63B | $46.73B | $43.07B | $34.22B | 55.5% | -3.7% |
| Long products | $12.45B | $13.39B | $14.12B | $17.49B | $18.12B | $11.12B | $13.71B | $15.75B | $13.69B | $12.10B | 20.3% | -7.0% |
| Others | $11.43B | $10.74B | $12.08B | $13.51B | $12.47B | $7.78B | $10.07B | $10.38B | $9.13B | $8.19B | 18.6% | +6.4% |
| Non-steel sales | $3.89B | $3.48B | $3.85B | $4.54B | $4.82B | $2.48B | $2.67B | $2.27B | $2.15B | $1.83B | 6.3% | +11.8% |
| Other sales | $3.10B | $2.56B | $2.66B | $2.72B | $2.59B | $2.30B | $3.10B | $3.09B | $2.83B | $2.49B | 5.1% | +21.1% |
| Tubular products | $1.88B | $1.75B | $2.16B | $2.68B | $2.23B | $1.34B | $2.04B | $2.16B | $1.81B | $1.50B | 3.1% | +7.7% |
| Mining products | $1.51B | $1.19B | $1.27B | $1.39B | $1.86B | $1.45B | $1.17B | $1.01B | $985.00M | $781.00M | 2.5% | +27.0% |
| By-product sales | $1.41B | $1.47B | $1.74B | $1.79B | $1.36B | $808.00M | $1.16B | $1.37B | $1.03B | $844.00M | 2.3% | -3.9% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Europe | $32.21B | $32.77B | $35.78B | $44.52B | $42.18B | $26.31B | $35.37B | $38.26B | $33.92B | $27.62B | 52.5% | -1.7% |
| Total Americas | $23.64B | $24.31B | $26.25B | $28.06B | $25.41B | $20.18B | $27.29B | $29.07B | $26.04B | $22.21B | 38.5% | -2.7% |
| United States | $9.18B | $8.44B | $8.89B | $8.84B | $7.30B | $9.99B | $15.24B | $16.27B | $14.37B | $12.28B | 15.0% | +8.8% |
| Brazil | $7.12B | $7.56B | $8.24B | $8.72B | $8.20B | $4.40B | $5.09B | $4.98B | $4.15B | $3.51B | 11.6% | -5.8% |
| Germany | $5.70B | $5.76B | $6.55B | $7.76B | $6.54B | $4.20B | $5.69B | $6.76B | $5.93B | $4.77B | 9.3% | -1.0% |
| Total Asia & Africa | $5.50B | $5.36B | $6.25B | $7.27B | $8.98B | $6.78B | $7.96B | $8.70B | $8.73B | $6.97B | 9.0% | +2.6% |
| Poland | $4.41B | $4.44B | $4.47B | $5.93B | $5.30B | $3.23B | $3.96B | $4.52B | $3.75B | $3.00B | 7.2% | -0.7% |
| Others Europe | $4.25B | $4.33B | $4.62B | $6.31B | $5.03B | $3.15B | $4.36B | $5.02B | $4.95B | $3.89B | 6.9% | -1.9% |
| France | $4.05B | $4.19B | $4.61B | $5.70B | $4.87B | $3.12B | $4.11B | $4.43B | $4.05B | $3.66B | 6.6% | -3.4% |
| Spain | $3.72B | $3.75B | $3.98B | $4.74B | $4.19B | $2.82B | $3.86B | $4.27B | $3.75B | $3.02B | 6.1% | -0.9% |
| Canada | $3.16B | $3.41B | $3.49B | $4.19B | $4.28B | $2.54B | $3.00B | $3.56B | $3.03B | $2.82B | 5.2% | -7.3% |
| Italy | $2.66B | $2.81B | $2.61B | $4.02B | $5.43B | $3.20B | $4.32B | $3.33B | $2.71B | $2.07B | 4.3% | -5.5% |
| Mexico | $2.31B | $2.79B | $3.29B | $2.88B | $2.36B | $1.71B | $1.94B | $1.97B | $2.25B | $1.81B | 3.8% | -17.0% |
| United Kingdom | $1.57B | $1.46B | $1.34B | $1.59B | $1.52B | $966.00M | $1.43B | $1.47B | $1.37B | $1.16B | 2.6% | +7.6% |
| South Africa | $1.57B | $1.75B | $1.86B | $2.26B | $2.45B | $1.37B | $2.26B | $2.74B | $2.56B | $2.03B | 2.6% | -10.5% |
| Belgium | $1.47B | $1.68B | $2.06B | $2.11B | $1.85B | $1.27B | $1.62B | $1.31B | $1.13B | $929.00M | 2.4% | -12.0% |
| Netherlands | $1.22B | $1.27B | $1.45B | $1.77B | $1.62B | $878.00M | $1.14B | $1.21B | $1.12B | $1.03B | 2.0% | -4.2% |
| China | $1.17B | $762.00M | $764.00M | $765.00M | $943.00M | $1.62B | $676.00M | $608.00M | $622.00M | $549.00M | 1.9% | +53.1% |
| Czechia | $1.15B | $1.19B | $1.18B | $1.43B | $1.36B | $752.00M | $1.24B | $1.78B | $1.40B | $1.11B | 1.9% | -3.7% |
| Others Americas | $964.00M | $1.01B | $1.11B | $1.54B | $1.83B | $872.00M | $1.20B | $1.32B | $1.01B | $935.00M | 1.6% | -4.1% |
| Türkiye | $957.00M | $929.00M | $1.12B | $1.23B | $1.51B | $1.08B | $1.50B | $1.68B | $1.94B | $1.79B | 1.6% | +3.0% |
| Morocco | $955.00M | $808.00M | $745.00M | $806.00M | $689.00M | $492.00M | $583.00M | $628.00M | $596.00M | $498.00M | 1.6% | +18.2% |
| Argentina | $897.00M | $1.10B | $1.23B | $1.91B | $1.44B | $679.00M | $814.00M | $960.00M | $1.23B | $858.00M | 1.5% | -18.4% |
| Rest of Asia | $745.00M | $1.01B | $1.34B | $1.80B | $2.33B | $1.68B | $1.91B | $2.31B | $2.79B | $2.12B | 1.2% | -25.9% |
| Ukraine | $572.00M | $557.00M | $508.00M | $464.00M | $948.00M | $515.00M | $540.00M | $635.00M | – | – | 0.9% | +2.7% |
| Romania | $483.00M | $403.00M | $386.00M | $461.00M | $443.00M | $335.00M | $720.00M | $708.00M | $621.00M | $526.00M | 0.8% | +19.9% |
| India | $435.00M | $128.00M | $102.00M | $131.00M | $142.00M | $142.00M | $95.00M | $92.00M | $163.00M | $85.00M | 0.7% | +239.8% |
| Rest of Africa | $370.00M | $572.00M | $524.00M | $499.00M | $1.07B | $619.00M | $1.28B | $1.26B | $1.03B | $658.00M | 0.6% | -35.3% |
| South Korea | $261.00M | $337.00M | $410.00M | $383.00M | $608.00M | $331.00M | $380.00M | $365.00M | $259.00M | $184.00M | 0.4% | -22.6% |
| Luxembourg | $123.00M | $108.00M | $128.00M | $206.00M | $185.00M | $114.00M | $151.00M | $162.00M | $111.00M | $88.00M | 0.2% | +13.9% |
| Kazakhstan | $0 | $0 | $503.00M | $625.00M | $747.00M | $425.00M | $470.00M | $496.00M | $392.00M | $350.00M | 0.0% | – |
| Russia | $0 | $0 | $901.00M | $996.00M | $1.58B | $804.00M | $876.00M | $1.14B | $1.20B | $688.00M | 0.0% | – |
| Egypt | – | – | – | $120.00M | $85.00M | $103.00M | $309.00M | $206.00M | $310.00M | $499.00M | – | – |
| Venezuela | – | – | – | – | – | – | – | – | $68.00M | $105.00M | – | – |
| Total Americas | – | – | – | – | – | – | – | – | $26.04B | $22.21B | – | – |
| Europe | – | – | – | – | – | – | – | – | $33.92B | $27.62B | – | – |
| Luxembourg | – | – | – | – | – | – | – | – | $111.00M | $88.00M | – | – |
From the segment and revenue-disaggregation notes of ArcelorMittal's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.