ArcelorMittal (MT) AI Stock Analysis

• Market Cap: $33.87B
• Dividend Yield: 1.02%
• Average Volume (3M): 1.37M
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.04
• Revenue Growth: -4.51%
• EPS Growth: N/A
• Country: US
• Employees: 125,416
• Sector: N/A
• Sector Strength: N/A
• Industry: Steel
• EPS (TTM): 0.50
• Shares Outstanding: 775,000,000
• 10 Day Avg. Volume: 1,083,249
• 30 Day Avg. Volume: 1,373,138
• PEG Ratio: 0.24
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 40.78
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 1.10
• Enterprise Value/Ebitda: 7.34
• 1Y Price Target: $39.00
• Price Target Upside: 0.46% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: $43.00 ▲(10.77% Upside)

ArcelorMittal's stock is supported by strong technical momentum and a positive earnings outlook, despite challenges in profitability and cash flow management. The valuation is reasonable, but the low dividend yield limits immediate income potential. The company's strategic initiatives and trade tools provide a positive long-term outlook.

ArcelorMittal Business Overview & Revenue Model

Company Description

ArcelorMittal (MT) is a leading global steel and mining company headquartered in Luxembourg. It operates through various sectors, primarily focusing on steel manufacturing, which includes flat and long products, as well as various value-added steel solutions. The company also engages in the mining of iron ore and coal, which are essential raw materials for steel production. With a diverse product portfolio, ArcelorMittal serves a wide range of industries, including automotive, construction, energy, and packaging.

How the Company Makes Money

ArcelorMittal generates revenue primarily through the production and sale of steel products. The company's revenue model is centered around its extensive production capabilities, with steel accounting for a significant portion of its income. Key revenue streams include the sale of flat products (such as hot and cold rolled sheets), long products (such as rebar and wire rods), and specialty products tailored for specific industries. Additionally, ArcelorMittal earns revenue from its mining segment, which supplies iron ore and metallurgical coal to its steel operations, reducing dependency on external suppliers and enhancing profit margins. Strategic partnerships with major customers in sectors like automotive and construction further bolster its revenue, enabling the company to secure long-term contracts and stabilize income. Market demand, global pricing of steel and raw materials, and operational efficiency are critical factors influencing ArcelorMittal's earnings.

ArcelorMittal Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

ArcelorMittal Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MT, the sentiment is Positive. The current price of 38.82 is below the 20-day moving average (MA) of 43.23, below the 50-day MA of 40.50, and above the 200-day MA of 33.84, indicating a bullish trend. The MACD of 1.64 indicates Negative momentum. The RSI at 66.00 is Neutral, neither overbought nor oversold. The STOCH value of 79.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MT.

ArcelorMittal Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	―	―	―	―	―	―
STLD	76 Outperform	$24.70B	22.44	12.47%	1.16%	-1.49%	-31.82%
NUE	74 Outperform	$37.13B	22.80	7.98%	1.37%	1.66%	-31.25%
RS	74 Outperform	$15.39B	21.53	9.94%	1.63%	-0.88%	-25.15%
MT	71 Outperform	$33.87B	13.90	4.72%	1.02%	-4.51%	―
TX	68 Neutral	$7.43B	12.94	4.80%	7.14%	-16.69%	585.38%
PKX	60 Neutral	$15.79B	49.99	0.78%	3.14%	-8.97%	-67.03%

ArcelorMittal Corporate Events

ArcelorMittal Cancels Over 77 Million Treasury Shares

On November 21, 2025, ArcelorMittal announced the cancellation of 77,809,772 treasury shares, reducing its total shares in issue to 775,000,000. This move is part of the company’s strategy to manage its share capital effectively, with the remaining treasury shares being used to fulfill commitments related to its Long-Term Incentive Plan. The cancellation aligns with transparency requirements under Luxembourg law and is expected to impact the company’s shareholding structure and potentially its market valuation.

ArcelorMittal Reports Resilient Q3 2025 Results Amid Strategic Growth

On November 6, 2025, ArcelorMittal announced its third-quarter results for 2025, highlighting a resilient performance despite a typically weak seasonal period. The company reported an EBITDA of $1.5 billion and a net income of $0.4 billion, supported by strategic growth investments and a strong balance sheet. ArcelorMittal is optimistic about its future, driven by new EU trade policies and a focus on high-return strategic projects. The company is also committed to enhancing safety and sustainability, with ongoing efforts to improve its safety culture and capitalize on opportunities in the energy transition sector.

ArcelorMittal Finalizes Sale of Bosnia Operations

On October 30, 2025, ArcelorMittal completed the sale of its steel and mining operations in Bosnia and Herzegovina, specifically ArcelorMittal Zenica and ArcelorMittal Prijedor, to H&P d.o.o. Zvornik, part of the Pavgord Group. This sale, initially announced in June 2025, is part of ArcelorMittal’s strategic realignment and could impact its operational focus and market positioning, potentially affecting stakeholders involved in the Bosnian operations.

ArcelorMittal Releases Q3 2025 Analyst Consensus Figures

On October 27, 2025, ArcelorMittal announced the publication of its third quarter 2025 sell-side analyst consensus figures, which were aggregated by Visible Alpha from approximately 15 brokers. The consensus estimates include an EBITDA of $1,464 million, a net income of $404 million, and earnings per share of $0.53. This announcement provides stakeholders with an external perspective on the company’s financial performance, although ArcelorMittal does not take responsibility for the accuracy of these estimates.

ArcelorMittal Issues €650 Million Notes for Debt Refinancing

On September 30, 2025, ArcelorMittal announced the successful issuance of €650 million in 3.250% notes due in 2030. This financial move, executed under the company’s Euro Medium Term Notes Programme, is aimed at supporting general corporate purposes and refinancing existing debt, highlighting ArcelorMittal’s strategic financial management and its ongoing efforts to optimize its capital structure.

ArcelorMittal Announces Designated Person Share Transactions

On September 23, 2025, ArcelorMittal announced notifications of share transactions by a Designated Person, which are now available on the Luxembourg Stock Exchange’s electronic database and ArcelorMittal’s website. This announcement is in compliance with the Market Abuse Regulations, highlighting the company’s commitment to transparency and regulatory adherence, potentially impacting investor confidence and market perceptions.