ArcelorMittal (MTN) Ratios
ArcelorMittal Ratios
MX:MTN's free cash flow for Q2 2026 was $-1.42B. For the 2026 fiscal year, MX:MTN's free cash flow was decreased by $-2.38B and operating cash flow was $952.94M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.36 | 1.35 | 1.53 | 1.66 | 1.45 |
| Quick Ratio | 0.53 | 0.59 | 0.67 | 0.76 | 0.62 |
| Cash Ratio | 0.24 | 0.29 | 0.35 | 0.42 | 0.17 |
| Solvency Ratio | 0.15 | 0.10 | 0.09 | 0.31 | 0.45 |
| Operating Cash Flow Ratio | 0.21 | 0.22 | 0.35 | 0.46 | 0.41 |
| Short-Term Operating Cash Flow Coverage | 1.76 | 1.89 | 3.63 | 4.33 | 5.75 |
| Net Current Asset Value | $ -10.56B | $ -8.72B | $ -4.61B | $ -1.84B | $ -4.23B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.14 | 0.13 | 0.11 | 0.12 | 0.09 |
| Debt-to-Equity Ratio | 0.25 | 0.23 | 0.20 | 0.22 | 0.17 |
| Debt-to-Capital Ratio | 0.20 | 0.19 | 0.17 | 0.18 | 0.15 |
| Long-Term Debt-to-Capital Ratio | 0.16 | 0.14 | 0.12 | 0.13 | 0.11 |
| Financial Leverage Ratio | 1.79 | 1.82 | 1.74 | 1.78 | 1.84 |
| Debt Service Coverage Ratio | 1.83 | 1.47 | 1.89 | 4.54 | 8.02 |
| Interest Coverage Ratio | 12.22 | 6.49 | 3.27 | 25.62 | 47.55 |
| Debt to Market Cap | 0.39 | 0.58 | 0.40 | 0.44 | 0.21 |
| Interest Debt Per Share | 17.96 | 15.32 | 13.53 | 13.23 | 7.93 |
| Net Debt to EBITDA | 1.34 | 0.85 | 0.54 | 0.17 | 0.22 |
| Profitability Margins | |||||
| Gross Profit Margin | 9.63% | 9.27% | 8.46% | 17.49% | 24.87% |
| EBIT Margin | 4.83% | 5.49% | 4.60% | 14.60% | 21.71% |
| EBITDA Margin | 9.63% | 9.70% | 8.17% | 17.83% | 25.01% |
| Operating Profit Margin | 5.91% | 5.30% | 3.43% | 12.87% | 22.17% |
| Pretax Profit Margin | 5.87% | 4.67% | 1.85% | 14.10% | 23.54% |
| Net Profit Margin | 5.14% | 2.14% | 1.35% | 11.65% | 19.53% |
| Continuous Operations Profit Margin | 5.29% | 2.21% | 1.50% | 11.95% | 20.33% |
| Net Income Per EBT | 87.51% | 45.93% | 72.94% | 82.65% | 82.97% |
| EBT Per EBIT | 99.28% | 88.07% | 53.85% | 109.57% | 106.18% |
| Return on Assets (ROA) | 3.23% | 1.50% | 0.98% | 9.84% | 16.52% |
| Return on Equity (ROE) | 5.79% | 2.72% | 1.70% | 17.50% | 30.46% |
| Return on Capital Employed (ROCE) | 4.83% | 4.90% | 3.24% | 14.24% | 25.59% |
| Return on Invested Capital (ROIC) | 4.19% | 2.23% | 2.55% | 11.65% | 21.48% |
| Return on Tangible Assets | 3.41% | 1.58% | 1.03% | 10.38% | 17.37% |
| Earnings Yield | 9.07% | 7.35% | 3.84% | 38.94% | 42.52% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.65 | 11.04 | 13.14 | 12.85 | 10.81 |
| Payables Turnover | 4.26 | 4.49 | 4.59 | 5.00 | 3.92 |
| Inventory Turnover | 2.98 | 3.43 | 3.33 | 3.28 | 2.90 |
| Fixed Asset Turnover | 1.49 | 1.87 | 2.03 | 2.65 | 2.55 |
| Asset Turnover | 0.63 | 0.70 | 0.73 | 0.84 | 0.85 |
| Working Capital Turnover Ratio | 7.84 | 6.56 | 5.21 | 6.26 | 9.52 |
| Cash Conversion Cycle | 57.42 | 58.00 | 57.88 | 66.75 | 66.74 |
| Days of Sales Outstanding | 20.68 | 33.06 | 27.78 | 28.41 | 33.77 |
| Days of Inventory Outstanding | 122.37 | 106.31 | 109.55 | 111.28 | 126.00 |
| Days of Payables Outstanding | 85.63 | 81.37 | 79.45 | 72.94 | 93.03 |
| Operating Cycle | 143.05 | 139.37 | 137.33 | 139.69 | 159.77 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 6.30 | 6.16 | 9.08 | 11.20 | 8.96 |
| Free Cash Flow Per Share | 0.62 | 0.57 | 3.60 | 7.39 | 6.24 |
| Dividend Paid and CapEx Coverage Ratio | 1.01 | 1.01 | 1.53 | 2.69 | 2.98 |
| Capital Expenditure Coverage Ratio | 1.11 | 1.10 | 1.66 | 2.94 | 3.29 |
| Operating Cash Flow Coverage Ratio | 0.36 | 0.42 | 0.72 | 0.88 | 1.18 |
| Operating Cash Flow to Sales Ratio | 0.08 | 0.08 | 0.11 | 0.13 | 0.13 |
| Free Cash Flow Yield | 1.35% | 2.45% | 12.68% | 28.20% | 19.61% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 11.03 | 13.61 | 26.01 | 2.57 | 2.35 |
| Price-to-Sales (P/S) Ratio | 0.57 | 0.29 | 0.35 | 0.30 | 0.46 |
| Price-to-Book (P/B) Ratio | 0.64 | 0.37 | 0.44 | 0.45 | 0.72 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 73.82 | 40.78 | 7.88 | 3.55 | 5.10 |
| Price-to-Operating Cash Flow Ratio | 7.23 | 3.76 | 3.13 | 2.34 | 3.55 |
| Price-to-Earnings Growth (PEG) Ratio | 0.08 | 0.24 | -0.29 | -0.06 | -0.00 |
| Enterprise Value Multiple | 7.23 | 3.86 | 4.82 | 1.84 | 2.06 |
| Enterprise Value | 42.70B | 23.39B | 26.90B | 26.24B | 39.36B |
| EV to EBITDA | 7.23 | 3.86 | 4.82 | 1.84 | 2.06 |
| EV to Sales | 0.70 | 0.37 | 0.39 | 0.33 | 0.51 |
| EV to Free Cash Flow | 90.67 | 52.33 | 8.87 | 3.90 | 5.71 |
| EV to Operating Cash Flow | 8.88 | 4.82 | 3.52 | 2.57 | 3.97 |
| Tangible Book Value Per Share | 67.21 | 59.43 | 60.53 | 55.64 | 42.46 |
| Shareholders’ Equity Per Share | 71.38 | 62.47 | 64.09 | 58.34 | 44.44 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.10 | 0.53 | 0.19 | 0.15 | 0.14 |
| Revenue Per Share | 80.41 | 79.24 | 81.09 | 87.64 | 69.30 |
| Net Income Per Share | 4.13 | 1.70 | 1.09 | 10.21 | 13.53 |
| Tax Burden | 0.88 | 0.46 | 0.73 | 0.83 | 0.83 |
| Interest Burden | 1.22 | 0.85 | 0.40 | 0.97 | 1.08 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.48 | 3.52 | 7.48 | 1.07 | 0.64 |
Currency in USD