# ArcelorMittal (MT) — Stock CV

ArcelorMittal is a $48.3B materials company. Revenue shrank 1.7% over the last year, it keeps 5¢ of every dollar of sales as profit, and it carries $9.57B of net debt. It trades at 24.9× earnings.

> ArcelorMittal SA is an integrated steel and mining company. The company's reportable operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, and Mining.

## Identity

- **Ticker**: MT
- **Sector**: Basic Materials
- **Employees**: 126 000
- **Website**: http://www.arcelormittal.com
- **Market cap**: $48.3B
- **Last price**: $64.20
- **Financial profile**: Solid

## Vitals (FY2025)

- **Revenue**: $61.4B
- **Net income**: $3.15B
- **Free cash flow**: -$159M
- **Net debt**: $9.57B
- **P/E**: 24.9
- **Revenue growth (YoY)**: -1.7%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 62 |
| Growth | 25 |
| Profitability | 28 |
| Health | 68 |
| Quality | 55 |
| Moat | 36 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [ ] Revenue growing — -1.7% YoY
- [x] Profitable — $3.15B FY2025
- [ ] Profit growing — -26.1% YoY
- [ ] Generates cash — -$159M FY2025
- [x] Debt under control — current ratio 1.43
- [x] Established company — $48.3B market cap
- [x] Not printing shares — -30.8% shares over ~5y
- [x] Proven track record — 5/5 profitable years
- [x] Financially stable — Altman Z 2.2 — grey
- [x] Pays a dividend — yield 0.97%
- [x] Valuation not extreme — P/E 24.9

## Experience (career milestones)

- **2025** — To gain approval for the acquisition of U.S
- **2024** — ArcelorMittal accused the state of not investing the agreed-upon amount and, in February 2024, Italy's industry…
- **2023** — The company's joint venture with Nippon Steel acquired Indian Steel Corporation
- **2022** — The company acquired an 80% interest in Voestalpine's hot-briquetted iron plant near Corpus Christi,…
- **FY2021** — Profitable every year on record: 5 consecutive profitable years in our data
- **FY2021** — Revenue already above $50B: $76.6B in first reported year
- **FY2021** — Best year on record: $15.0B net income
- **2019** — It is the second-largest steelmaker worldwide behind Baowu and was the largest steelmaker worldwide until 2019
- **2018** — A consortium led by ArcelorMittal acquired Ilva, owner of the Taranto steelworks in southern Italy
- **2016** — The company released Usibor 2000, a steel grade that was said to be one-third stronger than other…
- **2011** — The company completed the corporate spin-off of its stainless steel division, Aperam
- **2009** — The company acquired Noble's European Laser Welded Operations as part of the bankruptcy of Noble…
- **2007** — The company acquired Sicartsa, operator of a plant in Mexico, from Grupo Villacero for $1.44 billion

## Strengths

- Interest covered 5.9× by operating earnings

## Watch-outs

- Revenue shrinking 1.7% year over year
- Negative free cash flow (-$159.0M)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $76.6B | $15.0B | $6.74B |
| FY2022 | $79.8B | $9.30B | $3.03B |
| FY2023 | $68.3B | $919M | $447M |
| FY2024 | $62.4B | $1.34B | $471M |
| FY2025 | $61.4B | $3.15B | -$159M |

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Source: https://stockcv.com/MT — derived from company filings; may be delayed or incomplete. Information, not investment advice.