ArcelorMittal (MT)
NYSE:MT
Want to see MT full AI Analyst Report?
MT Stock Chart & Stats
$62.06
-$0.28(-1.28%)
At close: 4:00 PM EST
$62.06
-$0.28(-1.28%)
Day’s Range― - ―
52-Week Range$29.77 - $70.38
Previous CloseN/A
Volume1.24M
Average Volume (3M)2.06M
Market Cap
$52.98B
Enterprise Value$61.97B
Total Cash (Recent Filing)$4.36B
Total Debt (Recent Filing)$13.68B
Price to Earnings (P/E)18.6
Beta1.19
Next Earnings
Jul 30, 2026EPS Estimate
1.21Next Dividend Ex-DateN/A
Dividend Yield1.03%
Share Statistics
EPS (TTM)3.82
Shares Outstanding775,000,000
10 Day Avg. Volume2,691,477
30 Day Avg. Volume2,064,558
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 Cap1.17
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit1.81
Enterprise Value/Ebitda10.67
Forecast
1Y Price Target
$70.00Price Target Upside12.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)4.7
Revenue Forecast (FY)$66.78B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetLow leverage and a sizable equity base give ArcelorMittal structural financial resilience across steel cycles. This reduces refinancing risk, supports continued strategic capex and buybacks, preserves rating optionality and provides capacity to fund EAF and mining investments through downturns.
High-return EAF Project PipelineApproved EAF investments materially shift production mix toward lower-carbon, lower-cost routes and are expected to add meaningful recurring EBITDA from 2026. That improves long-term margins, lowers carbon intensity, and strengthens competitive positioning as customers and regulators prize low‑carbon steel.
Durable Free Cash Flow Run-rateA >$2bn underlying FCF run‑rate underpins sustainable capital returns and reinvestment capacity. Over multi‑year horizons this level of cash generation can fund strategic EAF projects, mining capacity, and buybacks while helping maintain an investment‑grade balance sheet despite cyclicality.
Bears Say
Rising European CO2 CostsEscalating ETS/CO2 costs are a structural input-price headwind for European steelmaking and will pressure margins until fully passed through or offset by policy/efficiency. This raises operating cost baselines, can delay payback on European investments and increases exposure to regulatory risk.
Persistent North America Tariff HeadwindsSustained tariffs reduce competitiveness and create a recurring profit drag in North America. That structural barrier can limit pricing power, complicate plant utilization and investment decisions, and mute the benefit of global margin recovery even if other regions improve.
Thin FCF Conversion And Modest MarginsRelatively low FCF conversion and subdued operating margins constrain long‑term capital flexibility. Persistent reinvestment needs and lumpy working capital reduce the company's ability to rapidly scale buybacks or accelerate decarbonisation spending if markets soften, leaving less buffer in downturns.
ArcelorMittal News
MT FAQ
What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was $29.77 and its highest was $70.38 in the past 12 months.
What is ArcelorMittal’s market cap?
ArcelorMittal’s market cap is $52.98B.
When is ArcelorMittal’s upcoming earnings report date?
ArcelorMittal’s upcoming earnings report date is Jul 30, 2026 which is in 57 days.
How were ArcelorMittal’s earnings last quarter?
ArcelorMittal released its earnings results on Apr 30, 2026. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.693 by $0.057.
Is ArcelorMittal overvalued?
According to Wall Street analysts ArcelorMittal’s price is currently Undervalued.
Does ArcelorMittal pay dividends?
ArcelorMittal pays a Annually dividend of $0.234 which represents an annual dividend yield of 1.03%. See more information on ArcelorMittal dividends here
What is ArcelorMittal’s EPS estimate?
ArcelorMittal’s EPS estimate is 1.21.
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 $0.75 in its last earnings report, beating expectations of $0.693. Following the earnings report the stock price went up 2.306%.
Which hedge fund is a major shareholder of ArcelorMittal?
Currently, no hedge funds are holding shares in MT
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$70.00 (12.79% Upside)
$70.00 (12.79% Upside)
Blogger Sentiment
Bullish
MT Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 407.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 10.6%
Last 30 Days ▲ 10.6%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
136.10%
12-Months-Change
Fundamentals
Return on Equity
5.35%
Trailing 12-Months
Asset Growth
9.31%
Trailing 12-Months
Company Description
ArcelorMittal
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
MT Company Deck
MT 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 MT earnings summariesMT Stock 12 Month Forecast
Average Price Target
$70.00
▲(12.79% Upside)
Technical Analysis
Ownership Overview
―
Insiders
0.41% Mutual Funds
― Other Institutional Investors
99.20% Public Companies and
Individual Investors