ArcelorMittal (MT)
NYSE:MT
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MT Stock Chart & Stats
$62.06
-$0.28(-1.28%)
At close: 4:00 PM EST
$62.06
-$0.28(-1.28%)
Day’s Range― - ―
52-Week Range$29.62 - $67.60
Previous CloseN/A
Volume1.24M
Average Volume (3M)1.89M
Market Cap
$49.03B
Enterprise Value$59.46B
Total Cash (Recent Filing)$4.36B
Total Debt (Recent Filing)$13.68B
Price to Earnings (P/E)17.2
Beta1.19
Next Earnings
Jul 30, 2026EPS Estimate
1.21Next Dividend Ex-DateN/A
Dividend Yield1.03%
Share Statistics
EPS (TTM)3.82
Shares Outstanding775,000,000
10 Day Avg. Volume2,347,678
30 Day Avg. Volume1,891,902
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.64
Price to Sales (P/S)0.57
P/FCF Ratio73.82
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue0.96
Enterprise Value/Gross Profit1.74
Enterprise Value/Ebitda10.23
Forecast
1Y Price Target
$60.00Price Target Upside-3.32% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)4.7
Revenue Forecast (FY)$66.78B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetLow leverage and a sizable equity base give ArcelorMittal structural resilience across steel cycles. This balance sheet flexibility supports multi-year capex for decarbonisation and EAF projects, sustained buybacks/dividends, and access to debt markets without forcing distressed asset sales.
High-return EAF Project PipelineA defined pipeline (Sestao, Gijón, Dunkirk) that targets ~$1.8bn incremental EBITDA represents a structural shift to lower-carbon, flexible steelmaking. These projects improve long-term margins, reduce carbon intensity, and benefit from contracted energy and government support, lowering execution and policy risk.
Robust Underlying FCF Run-rate And Capital ReturnsAn underlying FCF run-rate above $2bn combined with disciplined buybacks and a higher dividend shows durable cash conversion and capital-allocation discipline. This positions the company to self-fund strategic capex, sustain shareholder payouts, and retain investment-grade funding access through cycles.
Bears Say
Compressed Profitability And Mid-cycle MarginsMargins remain depressed versus prior-cycle highs, reflecting cyclical demand and pricing pressure. Persistently lower operating profitability limits retained earnings and ROE, reduces buffer for capital-intensive decarbonisation projects, and makes long-term investment returns more sensitive to commodity and pricing swings.
Rising European CO2 CostsEscalating ETS-related CO2 costs and reduced free allowances create a structural cost headwind for European steelmaking. Until CBAM/TRQ benefits fully pass through, elevated carbon costs compress margins on domestic output and increase the capital required to switch to lower-carbon EAF routes.
Persistent North America Tariff HeadwindsSustained US tariff burdens materially raise the cost of competitive trade flows and reduce near-term North American profitability. This structural trade-policy uncertainty constrains pricing parity, can divert volumes, and raises the probability of uneven regional earnings recovery despite global operational improvements.
ArcelorMittal News
MT FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was $29.62 and its highest was $67.60 in the past 12 months.
What is ArcelorMittal’s market cap?
ArcelorMittal’s market cap is $49.03B.
When is ArcelorMittal’s upcoming earnings report date?
ArcelorMittal’s upcoming earnings report date is Jul 30, 2026 which is in 67 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on Apr 30, 2026. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.693 by $0.057.
Is ArcelorMittal overvalued?
According to Wall Street analysts ArcelorMittal’s price is currently Overvalued.
Does ArcelorMittal pay dividends?
ArcelorMittal pays a Annually dividend of $0.234 which represents an annual dividend yield of 1.03%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is 1.21.
How many shares outstanding does ArcelorMittal have?
ArcelorMittal has 775,000,000 shares outstanding.
What happened to ArcelorMittal’s price movement after its last earnings report?
ArcelorMittal reported an EPS of $0.75 in its last earnings report, beating expectations of $0.693. Following the earnings report the stock price went up 2.306%.
Which hedge fund is a major shareholder of ArcelorMittal?
Currently, no hedge funds are holding shares in MT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ArcelorMittal Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$60.00 (-3.32% Downside)
$60.00 (-3.32% Downside)
Blogger Sentiment
Bullish
MT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 407.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.3%
Last 30 Days ▲ 5.6%
Last 30 Days ▲ 5.6%
News Sentiment
Bullish
Bullish news 79%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
122.73%
12-Months-Change
Fundamentals
Return on Equity
5.35%
Trailing 12-Months
Asset Growth
9.31%
Trailing 12-Months
Company Description
ArcelorMittal
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
MT Company Deck
MT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple clear positives: structurally stronger margins (EBITDA $131/tonne; +$15/tonne YoY), a >$2bn annualized underlying free cash flow run‑rate, a defined pipeline of high‑return EAF projects totalling $1.8bn incremental EBITDA from 2026, and supportive trade policy developments in Europe (CBAM and TRQ) that management expects to lift prices and domestic demand. Operational momentum was highlighted across iron ore, EAF ramp (Calvert) and capacity restarts, alongside sustained shareholder return achievements (38% share count reduction; dividend doubled). Headwinds include elevated short‑term European imports/inventories, Q1 Ukraine losses from energy costs, increasing CO2 costs not yet offset in results, a recalibrated 2030 emissions target (-10% vs prior -30%), and persistent North American tariff headwinds. On balance the highlights materially outweigh the lowlights, with management signaling improving visibility into free cash flow and margin recovery for the rest of 2026.View all MT earnings summariesMT Stock 12 Month Forecast
Average Price Target
$60.00
▼(-3.32% Downside)
Technical Analysis
Ownership Overview
―
Insiders
0.40% Mutual Funds
― Other Institutional Investors
99.23% Public Companies and
Individual Investors