ArcelorMittal S.A. (MT) Stock: Price, Forecast & Analyst Target
ArcelorMittal S.A. (MT) — MoonshotScore 63/100 (Fair band), calculated Oct 6, 2026. Price $64.73 (+0.34%), as of the Oct 5, 2026 trading session; market cap $49.3B. Expected results Nov 5, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 10.07× (market value Oct 5, 2026; cash Jun 30, 2026) · expected results Nov 5, 2026
ArcelorMittal S.A. · MT · NYSE · Basic Materials · Steel
Research dated 2026-09-12: ArcelorMittal combines steelmaking with iron ore and coal extraction, selling flat, long and tubular products into automotive, construction, engineering, energy and heavy machinery markets. The case depends on whether firmer shipments and added capacity can produce durable operating cash while capital spending remains heavy.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore v2 · ArcelorMittal (MT)
FairWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Durable growth, at a cheap price, though quality and the balance sheet are only middling; the market is already moving on it. Business Quality: Average; Financial Safety: Okay; Valuation: Fair; Growth Durability: Compounding; Momentum: Surging.
- quarterly revenue $16.76B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 5 of 8
- Altman Z 2.30 · Piotroski F 6
Helping: an attractive price, durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 66 | Strong | |
| 66 | Strong | |
| 66 | Strong | |
| 65 | Strong | |
| 65 | Strong | |
| 63 | Fair |
The score was 63 in the stored Oct 5, 2026 snapshot and remains 63 in the current publication computed Oct 6, 2026 (0); the largest pillar moves were Valuation -1 and Growth Durability -1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $64.73 | |
| Change on the day | +0.34% | |
| 52-week range | $36.70 – $79.68 | |
| Market capitalisation | $49.3B | |
| Price / earnings (trailing) | 27.57 | |
| Shares traded on the day | 1.63M | |
| Beta (volatility vs the S&P 500) | 1.74 | |
| Dividends per share (last 12 months) | $0.72 | |
| Dividend yield (last 12 months) | 1.12% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · below the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
If you look at our guidance for quarter three in terms of shipments being higher or flat to slightly higher than the second quarter, as you know, that's not the usual trend.
Genuino Christino · Statement from
We expect full capacity to be achieved later in this second half of the year.
Daniel Fairclough · Statement from
Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for ArcelorMittal (MT): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
4 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 29, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the MT film — every key number, told as a short cinematic story
~2 min · open the film
What is ArcelorMittal (MT), and what does it report?
Short answer · as of
ArcelorMittal sells slabs, coils, sheets, plates, bars, rails, wire products, pipes and tubes, while its mines supply iron ore and coal.
Research dated 2026-09-12.
ArcelorMittal sells slabs, coils, sheets, plates, bars, rails, wire products, pipes and tubes, while its mines supply iron ore and coal. Customer demand therefore arrives through vehicle production, construction activity, industrial investment and energy infrastructure rather than through a uniform steel market.
Flat products provide the largest reported revenue stream, followed by long and other products; mining and tubular products contribute much less directly. This is not merely an iron ore producer or a steel converter: consolidated revenue reflects a broad manufacturing portfolio supported by upstream raw-material operations across several regions.
What do the latest results show for ArcelorMittal (MT)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $16.76B.
Research dated 2026-09-12.
The latest period brought higher revenue, operating profit and net income than the preceding period, even as reported gross profit declined. That combination points to improving bottom-line output without a clean, broad-based margin expansion.
The latest revenue and earnings both fell short of expectations, following a run in which results had alternated between beats and misses. Management expects shipments to hold steady or rise despite the usual seasonal pattern and says full capacity should be reached later on its stated timetable; shipment delivery and operating conversion now matter more than the guidance language itself.
The annual pattern adds context: revenue had continued to contract while net income recovered sharply. Recent quarterly improvement may extend that earnings recovery, but the latest expectation miss and weaker gross profit keep the mechanism unsettled.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $16.76B Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $1.05B Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $16.76B | Not available | Not available | $1.05B |
| Mar 31, 2026 | $15.46B | Not available | Not available | $753.00M |
| Dec 31, 2025 | $14.97B | Not available | Not available | $327.00M |
| Sep 30, 2025 | $15.66B | Not available | Not available | $544.00M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $16.76B Jul 30, 2026
- Latest report · revenue estimate
- $17.30B Jul 30, 2026
- Latest report · revenue vs estimate
- Below estimate Jul 30, 2026
- Latest report · EPS vs estimate
- Below estimate Jul 30, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Jul 30, 2026 | $16.76B | $17.30B | $0.8900 | $1.1800 |
| Apr 30, 2026 | $15.46B | $17.04B | $0.7500 | $0.7200 |
| Feb 5, 2026 | $14.97B | $16.21B | $0.8600 | $0.5600 |
| Nov 6, 2025 | $15.66B | $15.60B | $0.6200 | $0.5800 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $16.76B | $683M | $0.89 (diluted) |
| Q1 FY2026 | $15.46B | $575M | $0.75 (diluted) |
| Q4 FY2025 | $14.97B | $177M | $0.23 (diluted) |
| Q3 FY2025 | $15.66B | $377M | $0.49 (diluted) |
What are the financial strengths and risks for ArcelorMittal (MT)?
Short answer
Cash and short-term investments were $4.90B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $952.94M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Cash and short-term investments remain below total debt. Including long-term investments would place total cash and investments above debt, but those investments are unclassified, so treating the entire amount as readily deployable liquidity would overstate balance-sheet flexibility.
Working-capital coverage is adequate on a current basis but much thinner on a quick basis. Operating cash flow has swung sharply, while capital spending has repeatedly exceeded cash generated from operations; the negative free-cash-flow yield captures that pressure.
Cash and short-term investments have declined only modestly across the reported window, yet the main risk is the combination of weak steel economics and continuing capital demands. Softer shipments or margins would matter most if operating cash again failed to cover investment spending.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $952.94M Jun 30, 2026
- Previous quarter · operating cash flow
- −$9.00M Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | $952.94M | −$2.38B |
| Mar 31, 2026 | −$9.00M | −$1.27B |
| Dec 31, 2025 | $3.72B | −$2.46B |
| Sep 30, 2025 | $751.00M | −$1.24B |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at ArcelorMittal (MT)?
Short answer · as of
The next earnings report is expected on Nov 5, 2026.
Research dated 2026-09-12.
Shipments should be checked against management's unusually firm seasonal outlook, followed by evidence that the promised capacity ramp is translating into revenue and operating profit. Another revenue shortfall alongside higher shipments would imply weaker price or mix realization, while stronger operating profit would indicate better conversion.
Cash conversion deserves equal attention. Operating cash needs to close the gap with capital spending, while cash and short-term investments should be watched alongside debt rather than combined automatically with unclassified long-term investments.
Consensus expects revenue and earnings to advance, but recent reporting has produced uneven expectation outcomes. The useful test is whether reported growth arrives together with firmer margins and cash generation, rather than through volume alone.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
If you look at our guidance for quarter three in terms of shipments being higher or flat to slightly higher than the second quarter, as you know, that's not the usual trend.
Genuino Christino ·
We expect full capacity to be achieved later in this second half of the year.
Daniel Fairclough ·
What the records here don't tell us
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
How does ArcelorMittal compare with its peers?
Short answer
ArcelorMittal's score ranks 9th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
ArcelorMittal differs from a steel converter because it also extracts iron ore and coal, and it differs from a miner because most reported revenue comes from manufactured steel products. That integration creates exposure across raw materials, primary steelmaking and finished products rather than concentrating the business at a single point in the chain.
Its product breadth also spreads demand across automotive, construction, engineering, energy and heavy machinery customers in several regions. Flat products still dominate the revenue mix, so diversification does not remove sensitivity to flat-steel demand, pricing and the capital intensity of running a global production network.
| Company | Price | Market value | Score |
|---|---|---|---|
| $35.69 Oct 5, 2026 | $31.5B | 100 5-pillar Oct 6, 2026 | |
| $94.48 Oct 5, 2026 | $47.8B | 98 5-pillar Oct 6, 2026 | |
| $408.24 Oct 5, 2026 | $20.8B | 83 5-pillar Oct 6, 2026 | |
| $241.04 Oct 5, 2026 | $34.6B | 79 5-pillar Oct 6, 2026 | |
| $251.41 Oct 5, 2026 | $57.3B | 77 5-pillar Oct 6, 2026 | |
| $70.26 Oct 5, 2026 | $33.7B | 74 5-pillar Oct 6, 2026 | |
| $5.17 Oct 5, 2026 | $10.3B | 70 5-pillar Oct 6, 2026 | |
| $57.97 Oct 5, 2026 | $11.4B | 67 5-pillar Oct 6, 2026 | |
| ArcelorMittal (MT) — this page | $64.73 | $49.3B | 63 |
| $65.51 Oct 5, 2026 | $7.25B | 62 5-pillar Oct 6, 2026 | |
| $39.12 Oct 5, 2026 | $1.99B | 61 5-pillar Oct 6, 2026 | |
| $21.04 Oct 5, 2026 | $856M | 56 5-pillar Oct 6, 2026 | |
| $58.23 Oct 5, 2026 | $17.6B | 54 5-pillar Oct 6, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $62.00 – $82.00
- Consensus target
- $73.00
- Median target
- $75.00
Consensus record · Captured .
Measured against a quoted price of $64.73 (as of Oct 5, 2026).
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 4.9% Period end Jun 30, 2026
- Previous quarter · ownership
- 3.8% Prior to period end Jun 30, 2026
- Reporting holders
- 347 Period end Jun 30, 2026
- Previous quarter · holders
- 328 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Fmr LLC | 11,391,416 |
| Dimensional Fund Advisors LP | 3,253,361 |
| Maple Rock Capital Partners INC. | 2,190,860 |
| Morgan Stanley | 1,503,680 |
| Blackrock, INC. | 1,471,254 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
ArcelorMittal Basic Materials Stock: Key Questions Answered
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
What does ArcelorMittal sell besides finished steel?
ArcelorMittal sells semi-finished steel such as slabs, blooms and billets, while its mining operations produce iron ore and coal. The group also supplies pipes and tubes alongside its broad flat and long product ranges.
Why are ArcelorMittal flat products so important?
Flat products are the company's largest reported revenue stream. Demand for coils, sheets and plates ties this line closely to automotive, appliance, engineering and construction activity.
Can ArcelorMittal fund capital spending from operating cash?
Coverage has been inconsistent: operating cash has exceeded capital spending in some periods but fallen short in many others. Recent capital outlays remained above operating cash generation, making cash conversion a key constraint on financial flexibility.
What matters after ArcelorMittal's shipment outlook?
Shipments need to hold steady or rise despite the usual seasonal pattern, followed by achievement of the stated full-capacity milestone. The stronger confirmation would be higher operating profit and cash generation alongside that volume delivery.
What is the MT stock price today?
The last price recorded on this page for ArcelorMittal S.A. (MT) is $64.73, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the MT price target?
The analyst consensus price target for ArcelorMittal S.A. (MT) is $73.00 (range $62.00 to $82.00, median $75.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Does MT pay a dividend?
Yes. ArcelorMittal S.A. (MT) shows a trailing 12-month dividend yield of 1.12%, as of Oct 5, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (76 figures)
The 76 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Genuino Christino (Jul 30, 2026): If you look at our guidance for quarter three in terms of shipments being higher or flat to slightly higher than the second quarter, as you know, that's not the usual trend. Daniel Fairclough (Jul 30, 2026): We expect full capacity to be achieved later in this second half of the year. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 24-26, Boulevard D?Avranches, L-1160 Luxembourg, Grand Duchy OF Luxembourg, N4, 00000 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "24-26, Boulevard d'Avranches, Luxembourg City, LU, 1160, LU". The FMP company description names Luxembourg City, Luxembourg as the headquarters; this page uses the address in this row. |
FMP — 64 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Nov 5, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $64.73 | FMP | Financial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. | |
px.change | Change on the day | +0.34% | FMP | Financial Modeling Prep (FMP) quote | |
px.mcap | Market capitalization | $49.3B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-05. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$0.22 | FMP | Financial Modeling Prep (FMP) quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $16.76B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 27.57 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 1.63M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.74 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Aditya Mittal | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 125,554 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $76.57B, net result $14.96B; FY2022 revenue $79.84B, net result $9.30B; FY2023 revenue $68.28B, net result $919.00M; FY2024 revenue $62.44B, net result $1.34B; FY2025 revenue $61.35B, net result $3.15B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Flat products $34.08B · Long products $12.45B · Other products $11.43B · Mining products $1.51B · Tubular products $1.88B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 9.6% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $16.76B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $1.05B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $15.46B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | $753.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $14.97B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $327.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $15.66B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $544.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-07-30.revenue_actual | Revenue · reported — report date 2026-07-30 | $16.76B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-30.revenue_estimated | Revenue · estimate — report date 2026-07-30 | $17.30B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-30.eps_actual | EPS · reported — report date 2026-07-30 | $0.8900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-30.eps_estimated | EPS · estimate — report date 2026-07-30 | $1.1800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-30.revenue_actual | Revenue · reported — report date 2026-04-30 | $15.46B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-30.revenue_estimated | Revenue · estimate — report date 2026-04-30 | $17.04B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-30.eps_actual | EPS · reported — report date 2026-04-30 | $0.7500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-30.eps_estimated | EPS · estimate — report date 2026-04-30 | $0.7200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.revenue_actual | Revenue · reported — report date 2026-02-05 | $14.97B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.revenue_estimated | Revenue · estimate — report date 2026-02-05 | $16.21B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.eps_actual | EPS · reported — report date 2026-02-05 | $0.8600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-05.eps_estimated | EPS · estimate — report date 2026-02-05 | $0.5600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-06.revenue_actual | Revenue · reported — report date 2025-11-06 | $15.66B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-06.revenue_estimated | Revenue · estimate — report date 2025-11-06 | $15.60B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-06.eps_actual | EPS · reported — report date 2025-11-06 | $0.6200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-06.eps_estimated | EPS · estimate — report date 2025-11-06 | $0.5800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $4.90B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $952.94M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $9.94B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $14.42B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 0.90× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | $952.94M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | −$9.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$2.38B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$1.27B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | $3.72B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$2.46B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $751.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$1.24B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $62.00 – $82.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $73.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $75.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.institutions.depth.ownership_pct | Institutional ownership | 4.9% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 3.8% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 347 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 328 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Fmr LLC — shares in provider snapshot | 11,391,416 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Dimensional Fund Advisors LP — shares in provider snapshot | 3,253,361 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Maple Rock Capital Partners INC. — shares in provider snapshot | 2,190,860 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Morgan Stanley — shares in provider snapshot | 1,503,680 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Blackrock, INC. — shares in provider snapshot | 1,471,254 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 5 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-06 | |
fin.scores | Distress and quality screens | Altman Z 2.30 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-03 · Expired observation | |
px.range52 | 52-week range | $36.70 – $79.68 | UNRECORDED | Stored company-profile observation — Captured 2026-10-06 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 10.07× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $4.90B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $0.72 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-06, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 1.12% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-07-30.revenue_actual.comparison | Latest report · revenue vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($16.76B) with the recorded estimate ($17.30B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-07-30.eps_actual.comparison | Latest report · EPS vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.8900) with the recorded estimate ($1.1800) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 63 of 100 · Fair · pillars 42 / 43 / 68 / 82 / 85 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 63 (stored snapshot Oct 5, 2026) → 63 (current publication computed Oct 6, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-07-30. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-07-30.revenue_actual,earn.history.depth.2026-07-30.revenue_estimated,earn.history.depth.2026-07-30.revenue_actual.comparison,earn.history.depth.2026-07-30.eps_actual.comparison,earn.history.depth.2026-07-30.eps_actual,earn.history.depth.2026-07-30.eps_estimated,earn.history.depth.2026-04-30.revenue_actual,earn.history.depth.2026-04-30.revenue_estimated,earn.history.depth.2026-04-30.eps_actual,earn.history.depth.2026-04-30.eps_estimated,earn.history.depth.2026-02-05.revenue_actual,earn.history.depth.2026-02-05.revenue_estimated,earn.history.depth.2026-02-05.eps_actual,earn.history.depth.2026-02-05.eps_estimated,earn.history.depth.2025-11-06.revenue_actual,earn.history.depth.2025-11-06.revenue_estimated,earn.history.depth.2025-11-06.eps_actual,earn.history.depth.2025-11-06.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | ArcelorMittal S.A. and its subsidiaries operate as a comprehensive, globally integrated steel production and mining enterprise, with operations spanning Europe, North and South America, Asia, and Africa. The firm's core steel offerings encompass a wide array of items. These include semi-finished flat goods, specifically slabs, alongside finished flat products like plates, hot-rolled and cold-rolled coils and sheets, galvanized coils and sheets (both hot-dipped and electro-galvanized), tinplate, and pre-painted coils and sheets. For long products, it manufactures semi-finished forms such as blooms and billets. Its finished long products consist of bars, wire-rods, structural sections, railway rails, sheet piles, and various wire products. Additionally, ArcelorMittal supplies both seamless and welded pipes and tubes. Beyond steel, the company's mining segment extracts and processes primary materials such as iron ore, presented as lumps, fines, concentrates, pellets, and sinter feeds. It also provides various types of coal, including coking coal, thermal coal, and coal for pulverized injection. These materials are distributed to a diverse clientele within sectors such as automotive, domestic appliances, engineering, construction, energy, and heavy machinery. Distribution occurs via its internal centralized marketing department and an extensive network of distributors. Its iron ore extraction operations are located in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine. Coal mining, however, is solely conducted in Kazakhstan. Established in 1976, ArcelorMittal S.A. maintains its corporate headquarters in Luxembourg City, Luxembourg. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Flat products: $34.08B; Long products: $12.45B; Other products: $11.43B; Mining products: $1.51B; Tubular products: $1.88B | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-30 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Sector / industry (provider taxonomy) | Basic Materials / Steel The company's SEC filings classify it under SIC 3312 — Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-30 | FMP | Financial Modeling Prep (FMP) earnings |
| Cash, investments and debt | Total debt: $14.42B; Liquidity basis: cash and short-term investments; Total liabilities: $42.33B; Cash and short-term investments: $4.90B; Cash and investments: $14.84B; Long-term investments: $9.94B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $14.84B; Cash and short-term investments: $4.90B; Long-term investments: $9.94B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash decline over the reported window | To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $4.90B; Decline: $196.00M; Opening balance: $5.09B; Average change per period: $28.00M Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length. | 2026-06-30 | COMPUTED | Computed from reported balances |
| Trailing twelve-month ratio set | Quick ratio: 0.57; Current ratio: 1.43; Debt to equity: 0.26; Net margin: 2.9%; Gross margin: 9.6%; Operating margin: 4.3%; Return on assets: 1.8%; Return on equity: 3.3% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 2.41; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-05; EPS estimate: $1.29 per share; Revenue estimate: $17.30B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.