ArcelorMittal

ArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), Mining, and Others. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.

6 November 2023, 14:10 CET ArcelorMittal today announces the publication of its third quarter 2023 sell-side analysts' consensus figures. The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.

ArcelorMittal S.A.: ArcelorMittal announces the publication of its third quarter 2023 sell-side analyst consensus figures

6 November 2023, 11:00 CET ArcelorMittal (the ‘Company') announces that on 31 October 2023 it received a shareholding notification from BlackRock, Inc. According to this notification, the following threshold of (potential) voting rights was reached: 5.72% on 30 October 2023. This notification is available in the Luxembourg Stock Exchange's OAM electronic database on www.bourse.lu and on the Company's website corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure'.

ArcelorMittal S.A.: Blackrock Inc. shareholding notification

Ethan Allen Interiors

Hormel Foods

MT, ETD and HRL have been added to the Zacks Rank #5 (Strong Sell) List on November 3, 2023.

New Strong Sell Stocks for November 3rd

28 October 2023, 10:20 CET ArcelorMittal can confirm that earlier on the 28th October, a tragic accident occurred at its Kostenco coal mine. As at this time, 25 of our employees are confirmed dead with a further 21 still missing.

Statement regarding tragic accident in Kazakhstan

Cass Information Systems

Heartland Express

MT, CASS and HTLD have been added to the Zacks Rank #5 (Strong Sell) List on October 27, 2023.

New Strong Sell Stocks for October 27th

As the second biggest steel manufacturer in the world, ArcelorMittal uses its scale and vertical integrations to grow their top- and bottom-line. Due to macroeconomic uncertainty and volatility in the steel market, steel investments in general require added caution. Due to its strong balance sheet, low debt and decent returns, ArcelorMittal is an undervalued steel buy.

ArcelorMittal's Intrinsic Value: A Value Investor's Delight

ArcelorMittal is a global powerhouse in the steel industry, with a market cap of over $21 billion. MT is well-positioned to capitalize on global trends, such as increased construction expenditures driving steel demand. The company has shown strong financial performance, with declining net debts, increasing shareholder value, and record-breaking earnings in 2021.

ArcelorMittal: A Solid Steel Play, That Simple

ArcelorMittal has declined by about 3% this year, underperforming the broader indices amid mixed performance of the steel sector.

What's New With ArcelorMittal Stock?

ArcelorMittal S.A.:   Blackrock Inc. shareholding notification

United States Steel

United Steel Workers (USW) International President Tom Conway on Wednesday called ArcelorMittal's bid consideration for U.S. Steel "foolish" and said the union wouldn't endorse any buyers other than Cleveland-Cliffs.

Steel union head calls ArcelorMittal bid for US Steel 'foolish'

Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.

U.S. Steel Stock Is Surging. Another Bidder Could Appear.

ArcelorMittal SA MT is considering a potential offer for U.S. Steel Corp. X, Reuters reported Wednesday citing people familiar with the matter. That would be a third proposal for U.S. Steel, which has received offers from Cleveland-Cliffs Inc. CLF and privately held Esmark Inc. for more than $7 billion.

ArcelorMittal mulling over bid for U.S. Steel: report

ArcelorMittal SA , the world's second-largest steelmaker, is considering a potential offer for U.S. Steel Corp , people familiar with the matter said on Wednesday.

Exclusive: ArcelorMittal weighs possible bid for US Steel -sources

The decrease in sales of ArcelorMittal (MT) is primarily due to lower average steel selling prices and lower steel shipments in Q2.

ArcelorMittal's (MT) Q2 Earnings Beat Estimates, Sales Miss

ArcelorMittal S.A.: ArcelorMittal announces publication of its 2023 half-year report

The headline numbers for ArcelorMittal (MT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

ArcelorMittal (MT) Reports Q2 Earnings: What Key Metrics Have to Say

Luxembourg, Ju ly 27, 20 23 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and six-month periods ended June 30, 2023.

ArcelorMittal reports second quarter 2023 and half year 2023 results

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to invite investors and other interested parties to attend an upcoming webinar featuring Andrew White, CEO of CHAR Technologies and Irina Gorbounova, ArcelorMittal's VP of Mergers & Acquisitions and Head of ArcelorMittal's XCarb® Innovation Fund. The discussion will focus on ArcelorMittal's recent investment in CHAR and their strategic partnership.

CHAR Technologies Investor “Fireside Chat” with ArcelorMittal on July 19th: Strategic Partnership Discussion

ArcelorMittal announces the publication of its second quarter 2023 sell-side analyst consensus figures

ArcelorMittal S.A. has seen growth in steel consumption, leading to increased revenues and earnings, and has bought back a significant amount of shares, reducing shares outstanding by around 12% YoY. The company's Q1 2023 results showed a recovery in steel shipments and volumes, growing 12.7% QoQ, and a QoQ EPS increase from $0.3 in Q4 2022 to $1.28 in Q1 2023. ArcelorMittal is rated a buy due to its strong financial state, aggressive share buybacks are happening to boost investors' value.

ArcelorMittal S.A.: Attractive Price Point To Get In At Right Now

ArcelorMittal together with the Indian Institute of Technology Madras (IIT Madras) will identify, support and mentor start-ups focused on the most promising industrial decarbonisation technologies in India

ArcelorMittal launches XCarb™ Innovation Fund Accelerator Programme for breakthrough climate tech start-ups in India

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is ArcelorMittal (MT) Stock Undervalued Right Now?

Strategic partnerships established with runners up Carbon Upcycling and D-CRBN

ArcelorMittal announces results of its XCarb™ Innovation Fund Accelerator Programme and invests $5 million in CHAR Technologies

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is thrilled to announce that the Company has closed a C$6.6M strategic investment by world's leading steel and mining company, ArcelorMittal S.A., through ArcelorMittal XCarb S.à r.l‎. (“ArcelorMittal”) and ArcelorMittal's XCarb® Innovation Fund (the “Fund”). With a presence in 60 countries and primary steelmaking facilities in 16 countries, including ArcelorMittal Dofasco in Hamilton, Ontario, ArcelorMittal generated revenues of US$79.8 billion in 2022.

CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement

29 June 202 3 , 18 :00 CET ArcelorMittal ('the Company') has today filed its 2022 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2022 to governments regarding its mining operations. The report, which complies with reporting requirements under Luxembourg law, is available for download from https://corporate.arcelormittal.com/corporate-library.

News for ArcelorMittal Stock (MT)