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MT

ArcelorMittal S.A.

MT

NYSE·Basic Materials·Steel·Mkt cap $57.2B

$76.07

+1.25%

P/E

24.30

Mkt Cap

$57.2B

52-Wk Range

$32.47–$76.72

52-Week Range

$32.47 - $76.72

P/E

24.30

Fwd P/E

16.98

Beta

1.74

Div Yield

0.97%

Avg Vol

1.8M

Shares Out

761.1M

Mkt Cap

$57.2B

Price action

Price chart

Up 129.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Vertically integrated mining and steel operations reducing production costs
  • Global scale with operations across 6 continents and diversified customer base
  • Advanced manufacturing capabilities and technological expertise
  • Strategic raw material reserves and long-term mining assets

Bear Case

1 risk

  • Above-average volatility (beta 1.7).

Growth

Mild headwinds expected

Global infrastructure investment and construction demand recovery

Value

Fairly valued vs sector peers

Momentum

Strong

+5.2% over 3m

Quality

Thin

Strong fundamentals

Dividend

Modest

0.97% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.89 vs $1.18 consensus (-24.6% surprise). Revenue of $16.8B vs $17.6B expected (-4.5%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-24.6%

Revenue trend · last 8Q

-2%

+3%

+2%

+4%

+103%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$15.2B

$14.7B

$14.8B

$15.9B

$15.7B

$15.0B

$15.5B

$32.2B

Margins · last 8Q

Gross

0.0%

Operating

5.6%

Profit

3.9%

Wall Street consensus

6 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

67%

Hold

1

17%

Sell

1

17%

Median Price Target

Latest: Morgan Stanley · Aug 24, 2026

vs Industry

How MT stacks vs Steel

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.