ArcelorMittal (MTN) Stock Price & Analysis
MTN Stock Chart & Stats
- Day’s Range
- MXN 1,165.98 - MXN 1,252.52
- 52-Week Range
- MXN 654.51 - MXN 1,370.59
- Previous Close
- MXN 1,252.52
- Volume
- 933
- Average Volume (3M)
- 1
- Market Cap
- MXN 839.28B
- Enterprise Value
- MXN 57.53B
- Total Cash (Recent Filing)
- MXN 4.90B
- Total Debt (Recent Filing)
- MXN 14.42B
- Price to Earnings (P/E)
- 25.0
- Beta
- 0.53
- Next Earnings
- Nov 05, 2026 (Est.)
- EPS Estimate
- 14.15
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 1.02%
Bulls Say, Bears Say
Bulls Say
Moderate Leverage And Substantial Capital Base
Moderate leverage and a substantial equity base provide financial resilience through steel-market cycles. This balance-sheet capacity can support maintenance spending, strategic projects, and operating volatility without requiring the company to depend heavily on additional borrowing.
Strategic Projects Support Future EBITDA Growth
The project portfolio offers a tangible avenue for improving earnings beyond cyclical steel-price recovery. Management expects meaningful EBITDA contributions from 2026 onward, while progress already captured in 2025–2026 indicates execution is translating investment into operating growth.
Integrated Steel And Mining Platform
The combination of steelmaking, downstream processing, and captive mining gives ArcelorMittal a broad operating platform across the value chain. Internal raw-material supply can help manage input exposure, while varied products and end markets support mix and customer diversification.
Bears Say
Free Cash Flow Has Turned Negative
Negative trailing free cash flow weakens current cash conversion despite positive operating cash generation. If investment or working-capital demands remain elevated, less internally generated cash will be available for debt reduction, shareholder returns, or funding additional growth without financing.
Profitability Remains Below Prior-cycle Levels
Revenue has rebounded, but compressed gross and net margins show that earnings recovery is lagging sales recovery. Lower spreads or higher input costs reduce the durability of profits and leave results more exposed to changes in steel pricing, utilization, and product mix.
European Decarbonization Creates Structural Cost Pressure
Rising European carbon costs can increase the expense of restoring production and complicate margin recovery. At the same time, currently unattractive DRI economics limit near-term decarbonization options, creating investment uncertainty as regulation and emissions requirements become more demanding.
MTN FAQ
What was ArcelorMittal’s price range in the past 12 months?
What is ArcelorMittal’s market cap?
When is ArcelorMittal’s upcoming earnings report date?
How were ArcelorMittal’s earnings last quarter?
Is ArcelorMittal overvalued?
Does ArcelorMittal pay dividends?
What is ArcelorMittal’s EPS estimate?
How many shares outstanding does ArcelorMittal have?
What happened to ArcelorMittal’s price movement after its last earnings report?
Which hedge fund is a major shareholder of ArcelorMittal?
What is the TipRanks Smart Score and how is it calculated?
ArcelorMittal Stock Smart Score
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.
- Sector
- Basicmaterials
- Industry
- Steel
- CEO
- Aditya Mittal
- Employees
- 125,554
- Website
- corporate.arcelormittal.com
- Address
- 24-26, Boulevard d'Avranches, Luxembourg City, LU, 1160, LU
ArcelorMittal (MTN) Earnings & Revenues
MTN Company Deck
MTN Earnings Call
Earnings Call SentimentPositive
The call conveyed clear positive operational and financial momentum across the portfolio: stronger Q2 EBITDA ($2.1bn), elevated per-ton margins ($155/ton company-wide; $98/ton in Europe), counterseasonal production restarts, improved order books and positive free cash flow prospects (annualized $2.5bn excluding seasonal items). Strategic growth projects (targeting $1.8bn incremental EBITDA) and progress on Calvert, India expansion and sustainable solutions add to the constructive outlook. Headwinds are manageable but notable — rising carbon costs in Europe, import/inventory dynamics earlier in the year, China overcapacity timing risk, and near-term execution disruptions (Liberia rainy season). On balance, the highlights and catalysts materially outweigh the challenges.
View all MX:MTN earnings summariesMTN Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 2 | 11 |
| Technical Analysis | 1 | 2 | 5 |
| Moving Averages | 6 | 0 | 6 |