MTN Stock Chart & Stats
$1170.00
$104.67(9.83%)
At close: 4:00 PM EDT
$1170.00
$104.67(9.83%)
Day’s Range― - ―
52-Week Range$460.00 - $1,296.29
Previous CloseN/A
Volume933.00
Average Volume (3M)52.00
Market Cap
$870.45B
Enterprise Value$44.69K
Total Cash (Recent Filing)$4.36B
Total Debt (Recent Filing)$13.68B
Price to Earnings (P/E)17.5
Beta0.61
Next Earnings
Jul 30, 2026EPS Estimate
18.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.82
Shares Outstanding775,000,000
10 Day Avg. Volume93
30 Day Avg. Volume52
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,153.97Price Target Upside-1.37% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetLow leverage (debt roughly one quarter of equity) and a sizable equity base give ArcelorMittal durable financial flexibility. This supports funding for strategic capex, buys back shares and withstands cyclicality, reducing refinancing risk and preserving investment-grade access through downturns.
High-return EAF Project PipelineA defined pipeline of electric-arc-furnace projects targeting $1.8bn incremental EBITDA from 2026 represents a structural shift to lower‑carbon, more flexible production. These projects should sustainably raise margins, lower CO2 intensity per tonne and improve medium-term earnings quality versus legacy BF-BOF reliance.
Underlying FCF Run-rate & Operational MomentumManagement’s >$2.0bn underlying free-cash-flow run-rate, alongside record iron-ore shipments and EAF ramp activity, indicates resilient internal cash generation. That durability supports continued strategic investment, shareholder returns and debt management even if reported FCF is seasonal and lumpy across quarters.
Bears Say
Weak FCF ConversionDespite strong operating cash flow, free cash flow is only about $0.5bn TTM (≈10% of net income), signaling heavy reinvestment needs and weaker conversion than prior cycles. This constrains discretionary capital for returns or faster decarbonization rollouts and makes cash generation vulnerable to working-capital swings.
Reduced Decarbonization AmbitionRecalibrating the 2030 emissions target to -10% from -30% signals slower decarbonization than peers, potentially delaying access to premium green-steel markets and increasing scrutiny. Coupled with rising CO2 costs, this could raise long-term compliance and competitiveness risks in carbon-constrained European markets.
Persistent Tariff HeadwindsOngoing North American tariff costs (c.$150m per quarter) are a recurring margin headwind and create policy uncertainty. Prolonged trade frictions can structurally depress realized spreads in a key market, impede pricing pass-through, and complicate long-term planning for capacity and investment in the region.
MTN FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was $460.00 and its highest was $1296.29 in the past 12 months.
What is ArcelorMittal’s market cap?
ArcelorMittal’s market cap is $870.45B.
When is ArcelorMittal’s upcoming earnings report date?
ArcelorMittal’s upcoming earnings report date is Jul 30, 2026 which is in 2 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on Apr 30, 2026. The company reported $13.095 earnings per share for the quarter, beating the consensus estimate of $12.1 by $0.995.
Is ArcelorMittal overvalued?
According to Wall Street analysts ArcelorMittal’s price is currently Overvalued.
Does ArcelorMittal pay dividends?
ArcelorMittal does not currently pay dividends.
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is 18.12.
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 $13.095 in its last earnings report, beating expectations of $12.1. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of ArcelorMittal?
Currently, no hedge funds are holding shares in MX:MTN
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
Moderate Buy
Average Price Target:
$1,153.97 (-1.37% Downside)
$1,153.97 (-1.37% Downside)
Blogger Sentiment
Bullish
MX:MTN Sentiment 100%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
101.07%
12-Months-Change
Fundamentals
Return on Equity
0.83%
Trailing 12-Months
Asset Growth
9.31%
Trailing 12-Months
Company Description
ArcelorMittal
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.
MTN Company Deck
MTN 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 MX:MTN earnings summariesMTN Stock 12 Month Forecast
Average Price Target
$1,153.97
▼(-1.37% Downside)