ArcelorMittal S.A. share price today
ArcelorMittal S.A. · MT · Materials · Steel · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
ArcelorMittal S.A. share price: $62.51 at the close on 4 November 2026, +59.6% in a year.
ArcelorMittal S.A.'s earnings have grown faster than its share price. Earnings per share grew +143.2% in a year while the price moved +59.6%.
The main question: yearly earnings per share moved +143.2% while the share price moved +59.6%.
The price has been moving sideways for 3 weeks, and the P/E is higher than 82% of its own last 4.3 years. Over the last four quarters, results have been improving, with profit −61.9% on a year earlier, and 320% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.
What is the ArcelorMittal S.A. share price today?
ArcelorMittal S.A.'s share price was $62.51 at the close on 4 November 2026. It has been moving sideways for 3 weeks. That is 2.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $39 and $79, and at that close it sat 59% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today ArcelorMittal S.A. is in stage 1. The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 6 weeks running.
1Y
Nov 2026: $62.51, 2.2% below its 200-day average. The price has been moving sideways for 3 weeks.
- Price $62.51
- 50-day avg $67.89
- 200-day avg $63.89
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $38.09 | $36.47 | $31.67 |
| 7 Nov 2025 | $39.16 | $36.92 | $32.03 |
| 14 Nov 2025 | $39.47 | $37.59 | $32.40 |
| 21 Nov 2025 | $39.79 | $38.11 | $32.75 |
| 28 Nov 2025 | $43.12 | $38.71 | $33.04 |
| 5 Dec 2025 | $42.26 | $39.44 | $33.40 |
| 12 Dec 2025 | $46.23 | $40.19 | $33.82 |
| 19 Dec 2025 | $44.65 | $40.80 | $34.17 |
| 26 Dec 2025 | $46.25 | $41.39 | $34.45 |
| 2 Jan 2026 | $47.20 | $41.98 | $34.73 |
| 9 Jan 2026 | $46.97 | $42.78 | $35.11 |
| 16 Jan 2026 | $48.73 | $43.81 | $35.58 |
| 23 Jan 2026 | $54.30 | $44.89 | $36.10 |
| 30 Jan 2026 | $53.97 | $46.40 | $36.82 |
| 6 Feb 2026 | $61.30 | $48.16 | $37.59 |
| 13 Feb 2026 | $61.51 | $50.15 | $38.42 |
| 20 Feb 2026 | $65.20 | $51.90 | $39.11 |
| 27 Feb 2026 | $65.16 | $53.98 | $40.01 |
| 6 Mar 2026 | $55.40 | $55.44 | $40.72 |
| 13 Mar 2026 | $50.74 | $56.35 | $41.32 |
| 20 Mar 2026 | $47.76 | $56.72 | $41.82 |
| 27 Mar 2026 | $49.62 | $57.08 | $42.35 |
| 2 Apr 2026 | $52.92 | $57.29 | $42.78 |
| 10 Apr 2026 | $60.64 | $57.58 | $43.45 |
| 17 Apr 2026 | $62.06 | $58.14 | $44.20 |
| 24 Apr 2026 | $59.71 | $58.01 | $44.90 |
| 1 May 2026 | $56.85 | $57.41 | $45.49 |
| 8 May 2026 | $62.04 | $56.80 | $46.15 |
| 15 May 2026 | $60.15 | $56.89 | $46.88 |
| 22 May 2026 | $66.08 | $57.61 | $47.68 |
| 29 May 2026 | $69.41 | $59.01 | $48.40 |
| 5 Jun 2026 | $67.21 | $60.96 | $49.31 |
| 12 Jun 2026 | $70.81 | $62.60 | $50.15 |
| 18 Jun 2026 | $63.41 | $63.52 | $50.82 |
| 26 Jun 2026 | $59.88 | $63.62 | $51.53 |
| 2 Jul 2026 | $63.40 | $63.57 | $52.05 |
| 10 Jul 2026 | $66.08 | $64.04 | $52.78 |
| 17 Jul 2026 | $66.45 | $65.01 | $53.53 |
| 24 Jul 2026 | $66.88 | $65.42 | $54.24 |
| 31 Jul 2026 | $70.14 | $66.04 | $54.96 |
| 7 Aug 2026 | $73.29 | $66.80 | $55.85 |
| 14 Aug 2026 | $73.86 | $67.14 | $56.72 |
| 21 Aug 2026 | $72.20 | $67.69 | $57.57 |
| 28 Aug 2026 | $74.39 | $68.23 | $58.46 |
| 4 Sep 2026 | $78.74 | $69.52 | $59.36 |
| 11 Sep 2026 | $74.51 | $70.81 | $60.08 |
| 18 Sep 2026 | $72.53 | $71.79 | $60.85 |
| 25 Sep 2026 | $70.70 | $72.36 | $61.58 |
| 2 Oct 2026 | $64.51 | $72.41 | $62.12 |
| 9 Oct 2026 | $64.11 | $72.03 | $62.57 |
| 16 Oct 2026 | $63.05 | $71.03 | $63.01 |
| 23 Oct 2026 | $59.43 | $69.84 | $63.39 |
| 30 Oct 2026 | $59.81 | $68.58 | $63.70 |
| 4 Nov 2026 | $62.51 | $67.89 | $63.89 |
3Y
Nov 2026: $62.51, 2.2% below its 200-day average. The price has been moving sideways for 3 weeks.
- Price $62.51
- 50-day avg $67.89
- 200-day avg $63.89
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $23.26 | $24.33 | $27.24 |
| 10 Nov 2023 | $21.90 | $23.94 | $27.02 |
| 17 Nov 2023 | $23.99 | $23.61 | $26.82 |
| 24 Nov 2023 | $24.36 | $23.49 | $26.71 |
| 1 Dec 2023 | $25.57 | $23.46 | $26.59 |
| 8 Dec 2023 | $25.35 | $23.54 | $26.47 |
| 15 Dec 2023 | $27.11 | $23.76 | $26.37 |
| 22 Dec 2023 | $28.64 | $24.21 | $26.30 |
| 29 Dec 2023 | $28.39 | $24.66 | $26.31 |
| 5 Jan 2024 | $27.79 | $25.14 | $26.32 |
| 12 Jan 2024 | $26.65 | $25.65 | $26.29 |
| 19 Jan 2024 | $26.56 | $25.92 | $26.22 |
| 26 Jan 2024 | $27.59 | $26.42 | $26.19 |
| 2 Feb 2024 | $27.66 | $26.83 | $26.14 |
| 9 Feb 2024 | $28.90 | $27.18 | $26.12 |
| 16 Feb 2024 | $27.40 | $27.40 | $26.11 |
| 23 Feb 2024 | $26.42 | $27.47 | $26.09 |
| 1 Mar 2024 | $25.93 | $27.37 | $26.07 |
| 8 Mar 2024 | $26.09 | $27.07 | $26.05 |
| 15 Mar 2024 | $26.42 | $26.89 | $26.07 |
| 22 Mar 2024 | $26.90 | $26.82 | $26.08 |
| 28 Mar 2024 | $27.58 | $26.89 | $26.09 |
| 5 Apr 2024 | $27.27 | $26.95 | $26.08 |
| 12 Apr 2024 | $26.92 | $26.95 | $26.09 |
| 19 Apr 2024 | $25.39 | $26.76 | $26.06 |
| 26 Apr 2024 | $25.37 | $26.50 | $26.02 |
| 3 May 2024 | $26.22 | $26.39 | $25.96 |
| 10 May 2024 | $25.52 | $26.33 | $25.90 |
| 17 May 2024 | $26.44 | $26.38 | $25.85 |
| 24 May 2024 | $25.77 | $26.31 | $25.81 |
| 31 May 2024 | $26.49 | $26.25 | $25.79 |
| 7 Jun 2024 | $25.12 | $26.12 | $25.79 |
| 14 Jun 2024 | $23.26 | $25.78 | $25.74 |
| 21 Jun 2024 | $23.65 | $25.47 | $25.68 |
| 28 Jun 2024 | $22.93 | $25.15 | $25.61 |
| 5 Jul 2024 | $23.24 | $24.97 | $25.56 |
| 12 Jul 2024 | $23.56 | $24.73 | $25.51 |
| 19 Jul 2024 | $22.55 | $24.45 | $25.47 |
| 26 Jul 2024 | $22.72 | $24.15 | $25.43 |
| 2 Aug 2024 | $21.10 | $23.73 | $25.39 |
| 9 Aug 2024 | $22.03 | $23.33 | $25.37 |
| 16 Aug 2024 | $22.29 | $22.92 | $25.37 |
| 23 Aug 2024 | $23.33 | $22.73 | $25.38 |
| 30 Aug 2024 | $23.62 | $22.71 | $25.41 |
| 6 Sep 2024 | $22.22 | $22.61 | $25.39 |
| 13 Sep 2024 | $22.73 | $22.54 | $25.34 |
| 20 Sep 2024 | $23.97 | $22.61 | $25.30 |
| 27 Sep 2024 | $25.96 | $22.79 | $25.29 |
| 4 Oct 2024 | $25.68 | $23.13 | $25.26 |
| 11 Oct 2024 | $24.85 | $23.38 | $25.16 |
| 18 Oct 2024 | $24.33 | $23.65 | $25.06 |
| 25 Oct 2024 | $24.02 | $23.84 | $24.97 |
| 1 Nov 2024 | $24.58 | $24.02 | $24.92 |
| 8 Nov 2024 | $26.09 | $24.24 | $24.89 |
| 15 Nov 2024 | $25.27 | $24.46 | $24.81 |
| 22 Nov 2024 | $25.11 | $24.77 | $24.75 |
| 29 Nov 2024 | $25.28 | $24.86 | $24.69 |
| 6 Dec 2024 | $25.29 | $24.92 | $24.65 |
| 13 Dec 2024 | $24.71 | $24.87 | $24.64 |
| 20 Dec 2024 | $23.18 | $24.73 | $24.59 |
| 27 Dec 2024 | $23.14 | $24.64 | $24.52 |
| 3 Jan 2025 | $22.19 | $24.54 | $24.44 |
| 10 Jan 2025 | $22.06 | $24.37 | $24.34 |
| 17 Jan 2025 | $23.26 | $24.19 | $24.23 |
| 24 Jan 2025 | $24.90 | $24.05 | $24.16 |
| 31 Jan 2025 | $24.71 | $24.07 | $24.10 |
| 7 Feb 2025 | $27.84 | $24.16 | $24.12 |
| 14 Feb 2025 | $28.57 | $24.51 | $24.19 |
| 21 Feb 2025 | $27.80 | $24.76 | $24.25 |
| 28 Feb 2025 | $27.74 | $25.02 | $24.31 |
| 7 Mar 2025 | $33.15 | $25.87 | $24.46 |
| 14 Mar 2025 | $32.22 | $26.70 | $24.60 |
| 21 Mar 2025 | $31.58 | $27.68 | $24.75 |
| 28 Mar 2025 | $28.78 | $28.50 | $24.88 |
| 4 Apr 2025 | $24.74 | $28.92 | $24.98 |
| 11 Apr 2025 | $26.86 | $28.97 | $25.02 |
| 17 Apr 2025 | $27.23 | $29.13 | $25.10 |
| 25 Apr 2025 | $29.58 | $29.16 | $25.24 |
| 2 May 2025 | $30.64 | $29.32 | $25.41 |
| 9 May 2025 | $30.27 | $29.51 | $25.59 |
| 16 May 2025 | $30.71 | $29.53 | $25.81 |
| 23 May 2025 | $30.36 | $29.44 | $26.04 |
| 30 May 2025 | $30.58 | $29.30 | $26.22 |
| 6 Jun 2025 | $30.11 | $29.18 | $26.42 |
| 13 Jun 2025 | $30.13 | $29.32 | $26.60 |
| 20 Jun 2025 | $29.97 | $29.77 | $26.74 |
| 27 Jun 2025 | $31.26 | $30.22 | $26.96 |
| 3 Jul 2025 | $32.64 | $30.62 | $27.16 |
| 11 Jul 2025 | $34.46 | $31.00 | $27.41 |
| 18 Jul 2025 | $32.47 | $31.29 | $27.61 |
| 25 Jul 2025 | $33.65 | $31.64 | $27.81 |
| 1 Aug 2025 | $30.95 | $31.75 | $27.99 |
| 8 Aug 2025 | $33.60 | $31.87 | $28.18 |
| 15 Aug 2025 | $33.58 | $32.19 | $28.43 |
| 22 Aug 2025 | $34.00 | $32.54 | $28.66 |
| 29 Aug 2025 | $33.36 | $32.82 | $28.85 |
| 5 Sep 2025 | $34.22 | $33.02 | $29.03 |
| 12 Sep 2025 | $34.75 | $33.29 | $29.25 |
| 19 Sep 2025 | $35.32 | $33.46 | $29.51 |
| 26 Sep 2025 | $36.94 | $33.74 | $29.78 |
| 3 Oct 2025 | $38.41 | $34.11 | $30.08 |
| 10 Oct 2025 | $37.18 | $34.74 | $30.46 |
| 17 Oct 2025 | $38.48 | $35.46 | $30.85 |
| 24 Oct 2025 | $39.12 | $35.97 | $31.25 |
| 31 Oct 2025 | $38.09 | $36.47 | $31.67 |
| 7 Nov 2025 | $39.16 | $36.92 | $32.03 |
| 14 Nov 2025 | $39.47 | $37.59 | $32.40 |
| 21 Nov 2025 | $39.79 | $38.11 | $32.75 |
| 28 Nov 2025 | $43.12 | $38.71 | $33.04 |
| 5 Dec 2025 | $42.26 | $39.44 | $33.40 |
| 12 Dec 2025 | $46.23 | $40.19 | $33.82 |
| 19 Dec 2025 | $44.65 | $40.80 | $34.17 |
| 26 Dec 2025 | $46.25 | $41.39 | $34.45 |
| 2 Jan 2026 | $47.20 | $41.98 | $34.73 |
| 9 Jan 2026 | $46.97 | $42.78 | $35.11 |
| 16 Jan 2026 | $48.73 | $43.81 | $35.58 |
| 23 Jan 2026 | $54.30 | $44.89 | $36.10 |
| 30 Jan 2026 | $53.97 | $46.40 | $36.82 |
| 6 Feb 2026 | $61.30 | $48.16 | $37.59 |
| 13 Feb 2026 | $61.51 | $50.15 | $38.42 |
| 20 Feb 2026 | $65.20 | $51.90 | $39.11 |
| 27 Feb 2026 | $65.16 | $53.98 | $40.01 |
| 6 Mar 2026 | $55.40 | $55.44 | $40.72 |
| 13 Mar 2026 | $50.74 | $56.35 | $41.32 |
| 20 Mar 2026 | $47.76 | $56.72 | $41.82 |
| 27 Mar 2026 | $49.62 | $57.08 | $42.35 |
| 2 Apr 2026 | $52.92 | $57.29 | $42.78 |
| 10 Apr 2026 | $60.64 | $57.58 | $43.45 |
| 17 Apr 2026 | $62.06 | $58.14 | $44.20 |
| 24 Apr 2026 | $59.71 | $58.01 | $44.90 |
| 1 May 2026 | $56.85 | $57.41 | $45.49 |
| 8 May 2026 | $62.04 | $56.80 | $46.15 |
| 15 May 2026 | $60.15 | $56.89 | $46.88 |
| 22 May 2026 | $66.08 | $57.61 | $47.68 |
| 29 May 2026 | $69.41 | $59.01 | $48.40 |
| 5 Jun 2026 | $67.21 | $60.96 | $49.31 |
| 12 Jun 2026 | $70.81 | $62.60 | $50.15 |
| 18 Jun 2026 | $63.41 | $63.52 | $50.82 |
| 26 Jun 2026 | $59.88 | $63.62 | $51.53 |
| 2 Jul 2026 | $63.40 | $63.57 | $52.05 |
| 10 Jul 2026 | $66.08 | $64.04 | $52.78 |
| 17 Jul 2026 | $66.45 | $65.01 | $53.53 |
| 24 Jul 2026 | $66.88 | $65.42 | $54.24 |
| 31 Jul 2026 | $70.14 | $66.04 | $54.96 |
| 7 Aug 2026 | $73.29 | $66.80 | $55.85 |
| 14 Aug 2026 | $73.86 | $67.14 | $56.72 |
| 21 Aug 2026 | $72.20 | $67.69 | $57.57 |
| 28 Aug 2026 | $74.39 | $68.23 | $58.46 |
| 4 Sep 2026 | $78.74 | $69.52 | $59.36 |
| 11 Sep 2026 | $74.51 | $70.81 | $60.08 |
| 18 Sep 2026 | $72.53 | $71.79 | $60.85 |
| 25 Sep 2026 | $70.70 | $72.36 | $61.58 |
| 2 Oct 2026 | $64.51 | $72.41 | $62.12 |
| 9 Oct 2026 | $64.11 | $72.03 | $62.57 |
| 16 Oct 2026 | $63.05 | $71.03 | $63.01 |
| 23 Oct 2026 | $59.43 | $69.84 | $63.39 |
| 30 Oct 2026 | $59.81 | $68.58 | $63.70 |
| 4 Nov 2026 | $62.51 | $67.89 | $63.89 |
5Y
Nov 2026: $62.51, 2.2% below its 200-day average. The price has been moving sideways for 3 weeks.
- Price $62.51
- 50-day avg $67.89
- 200-day avg $63.89
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 29 Oct 2021 | $34.17 | $31.94 | $29.85 |
| 12 Nov 2021 | $31.48 | $31.71 | $30.36 |
| 26 Nov 2021 | $27.87 | $31.11 | $30.70 |
| 10 Dec 2021 | $29.23 | $30.75 | $30.93 |
| 23 Dec 2021 | $32.08 | $31.16 | $31.23 |
| 7 Jan 2022 | $34.81 | $31.19 | $31.54 |
| 21 Jan 2022 | $31.83 | $31.56 | $31.81 |
| 4 Feb 2022 | $31.47 | $31.52 | $31.87 |
| 18 Feb 2022 | $30.33 | $32.24 | $31.93 |
| 4 Mar 2022 | $29.34 | $32.21 | $31.85 |
| 18 Mar 2022 | $31.85 | $31.77 | $31.76 |
| 1 Apr 2022 | $32.84 | $31.35 | $31.83 |
| 14 Apr 2022 | $33.01 | $31.53 | $31.89 |
| 29 Apr 2022 | $29.24 | $31.31 | $31.90 |
| 13 May 2022 | $27.32 | $30.76 | $31.70 |
| 27 May 2022 | $33.15 | $30.77 | $31.45 |
| 10 Jun 2022 | $28.62 | $30.48 | $31.33 |
| 24 Jun 2022 | $23.92 | $29.45 | $30.97 |
| 8 Jul 2022 | $22.13 | $27.83 | $30.55 |
| 22 Jul 2022 | $23.04 | $26.58 | $30.18 |
| 5 Aug 2022 | $24.48 | $25.62 | $29.84 |
| 19 Aug 2022 | $23.42 | $24.13 | $29.42 |
| 2 Sep 2022 | $22.51 | $23.50 | $28.99 |
| 16 Sep 2022 | $22.09 | $23.42 | $28.69 |
| 30 Sep 2022 | $19.91 | $23.08 | $28.28 |
| 14 Oct 2022 | $20.84 | $22.55 | $27.73 |
| 28 Oct 2022 | $22.46 | $22.05 | $27.17 |
| 11 Nov 2022 | $27.40 | $22.10 | $26.69 |
| 25 Nov 2022 | $26.59 | $22.77 | $26.45 |
| 9 Dec 2022 | $27.00 | $23.94 | $26.26 |
| 23 Dec 2022 | $26.66 | $25.01 | $26.05 |
| 6 Jan 2023 | $28.74 | $25.78 | $25.87 |
| 20 Jan 2023 | $30.91 | $27.16 | $25.74 |
| 3 Feb 2023 | $30.43 | $28.24 | $25.72 |
| 17 Feb 2023 | $30.04 | $28.86 | $25.70 |
| 3 Mar 2023 | $32.39 | $29.58 | $25.82 |
| 17 Mar 2023 | $26.45 | $30.14 | $25.76 |
| 31 Mar 2023 | $30.12 | $29.88 | $25.65 |
| 14 Apr 2023 | $29.70 | $29.45 | $25.83 |
| 28 Apr 2023 | $28.47 | $29.23 | $26.15 |
| 12 May 2023 | $26.37 | $28.62 | $26.37 |
| 26 May 2023 | $25.97 | $27.91 | $26.46 |
| 9 Jun 2023 | $27.30 | $27.61 | $26.55 |
| 23 Jun 2023 | $26.75 | $27.35 | $26.74 |
| 7 Jul 2023 | $26.35 | $26.93 | $26.93 |
| 21 Jul 2023 | $27.52 | $26.91 | $27.29 |
| 4 Aug 2023 | $27.32 | $27.23 | $27.64 |
| 18 Aug 2023 | $25.84 | $27.35 | $27.84 |
| 1 Sep 2023 | $27.00 | $27.11 | $27.95 |
| 15 Sep 2023 | $25.76 | $26.95 | $27.94 |
| 29 Sep 2023 | $25.03 | $26.41 | $27.84 |
| 13 Oct 2023 | $22.78 | $25.59 | $27.73 |
| 27 Oct 2023 | $22.14 | $24.70 | $27.45 |
| 10 Nov 2023 | $21.90 | $23.94 | $27.02 |
| 24 Nov 2023 | $24.36 | $23.49 | $26.71 |
| 8 Dec 2023 | $25.35 | $23.54 | $26.47 |
| 22 Dec 2023 | $28.64 | $24.21 | $26.30 |
| 5 Jan 2024 | $27.79 | $25.14 | $26.32 |
| 19 Jan 2024 | $26.56 | $25.92 | $26.22 |
| 2 Feb 2024 | $27.66 | $26.83 | $26.14 |
| 16 Feb 2024 | $27.40 | $27.40 | $26.11 |
| 1 Mar 2024 | $25.93 | $27.37 | $26.07 |
| 15 Mar 2024 | $26.42 | $26.89 | $26.07 |
| 28 Mar 2024 | $27.58 | $26.89 | $26.09 |
| 12 Apr 2024 | $26.92 | $26.95 | $26.09 |
| 26 Apr 2024 | $25.37 | $26.50 | $26.02 |
| 10 May 2024 | $25.52 | $26.33 | $25.90 |
| 24 May 2024 | $25.77 | $26.31 | $25.81 |
| 7 Jun 2024 | $25.12 | $26.12 | $25.79 |
| 21 Jun 2024 | $23.65 | $25.47 | $25.68 |
| 5 Jul 2024 | $23.24 | $24.97 | $25.56 |
| 19 Jul 2024 | $22.55 | $24.45 | $25.47 |
| 2 Aug 2024 | $21.10 | $23.73 | $25.39 |
| 16 Aug 2024 | $22.29 | $22.92 | $25.37 |
| 30 Aug 2024 | $23.62 | $22.71 | $25.41 |
| 13 Sep 2024 | $22.73 | $22.54 | $25.34 |
| 27 Sep 2024 | $25.96 | $22.79 | $25.29 |
| 11 Oct 2024 | $24.85 | $23.38 | $25.16 |
| 25 Oct 2024 | $24.02 | $23.84 | $24.97 |
| 8 Nov 2024 | $26.09 | $24.24 | $24.89 |
| 22 Nov 2024 | $25.11 | $24.77 | $24.75 |
| 6 Dec 2024 | $25.29 | $24.92 | $24.65 |
| 20 Dec 2024 | $23.18 | $24.73 | $24.59 |
| 3 Jan 2025 | $22.19 | $24.54 | $24.44 |
| 17 Jan 2025 | $23.26 | $24.19 | $24.23 |
| 31 Jan 2025 | $24.71 | $24.07 | $24.10 |
| 14 Feb 2025 | $28.57 | $24.51 | $24.19 |
| 28 Feb 2025 | $27.74 | $25.02 | $24.31 |
| 14 Mar 2025 | $32.22 | $26.70 | $24.60 |
| 28 Mar 2025 | $28.78 | $28.50 | $24.88 |
| 11 Apr 2025 | $26.86 | $28.97 | $25.02 |
| 25 Apr 2025 | $29.58 | $29.16 | $25.24 |
| 9 May 2025 | $30.27 | $29.51 | $25.59 |
| 23 May 2025 | $30.36 | $29.44 | $26.04 |
| 6 Jun 2025 | $30.11 | $29.18 | $26.42 |
| 20 Jun 2025 | $29.97 | $29.77 | $26.74 |
| 3 Jul 2025 | $32.64 | $30.62 | $27.16 |
| 18 Jul 2025 | $32.47 | $31.29 | $27.61 |
| 1 Aug 2025 | $30.95 | $31.75 | $27.99 |
| 15 Aug 2025 | $33.58 | $32.19 | $28.43 |
| 29 Aug 2025 | $33.36 | $32.82 | $28.85 |
| 12 Sep 2025 | $34.75 | $33.29 | $29.25 |
| 26 Sep 2025 | $36.94 | $33.74 | $29.78 |
| 10 Oct 2025 | $37.18 | $34.74 | $30.46 |
| 24 Oct 2025 | $39.12 | $35.97 | $31.25 |
| 7 Nov 2025 | $39.16 | $36.92 | $32.03 |
| 21 Nov 2025 | $39.79 | $38.11 | $32.75 |
| 5 Dec 2025 | $42.26 | $39.44 | $33.40 |
| 19 Dec 2025 | $44.65 | $40.80 | $34.17 |
| 2 Jan 2026 | $47.20 | $41.98 | $34.73 |
| 16 Jan 2026 | $48.73 | $43.81 | $35.58 |
| 30 Jan 2026 | $53.97 | $46.40 | $36.82 |
| 13 Feb 2026 | $61.51 | $50.15 | $38.42 |
| 27 Feb 2026 | $65.16 | $53.98 | $40.01 |
| 13 Mar 2026 | $50.74 | $56.35 | $41.32 |
| 27 Mar 2026 | $49.62 | $57.08 | $42.35 |
| 10 Apr 2026 | $60.64 | $57.58 | $43.45 |
| 24 Apr 2026 | $59.71 | $58.01 | $44.90 |
| 8 May 2026 | $62.04 | $56.80 | $46.15 |
| 22 May 2026 | $66.08 | $57.61 | $47.68 |
| 5 Jun 2026 | $67.21 | $60.96 | $49.31 |
| 18 Jun 2026 | $63.41 | $63.52 | $50.82 |
| 2 Jul 2026 | $63.40 | $63.57 | $52.05 |
| 17 Jul 2026 | $66.45 | $65.01 | $53.53 |
| 31 Jul 2026 | $70.14 | $66.04 | $54.96 |
| 14 Aug 2026 | $73.86 | $67.14 | $56.72 |
| 28 Aug 2026 | $74.39 | $68.23 | $58.46 |
| 11 Sep 2026 | $74.51 | $70.81 | $60.08 |
| 25 Sep 2026 | $70.70 | $72.36 | $61.58 |
| 9 Oct 2026 | $64.11 | $72.03 | $62.57 |
| 23 Oct 2026 | $59.43 | $69.84 | $63.39 |
| 4 Nov 2026 | $62.51 | $67.89 | $63.89 |
10Y
Nov 2026: $62.51, 2.2% below its 200-day average. The price has been moving sideways for 3 weeks.
- Price $62.51
- 50-day avg $67.89
- 200-day avg $63.89
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 28 Oct 2016 | $19.71 | $18.43 | – |
| 18 Nov 2016 | $21.00 | $19.10 | – |
| 9 Dec 2016 | $24.21 | $20.81 | – |
| 30 Dec 2016 | $21.90 | $21.96 | – |
| 20 Jan 2017 | $24.57 | $22.94 | – |
| 10 Feb 2017 | $26.28 | $23.72 | – |
| 3 Mar 2017 | $26.70 | $24.58 | – |
| 24 Mar 2017 | $24.87 | $25.61 | – |
| 13 Apr 2017 | $22.05 | $25.65 | – |
| 5 May 2017 | $23.76 | $24.79 | $22.01 |
| 26 May 2017 | $22.26 | $23.68 | $22.32 |
| 16 Jun 2017 | $20.12 | $22.46 | $22.49 |
| 7 Jul 2017 | $23.05 | $22.09 | $22.79 |
| 28 Jul 2017 | $25.70 | $22.75 | $23.32 |
| 18 Aug 2017 | $25.97 | $24.03 | $23.81 |
| 8 Sep 2017 | $26.84 | $25.62 | $24.22 |
| 29 Sep 2017 | $25.76 | $26.25 | $24.40 |
| 20 Oct 2017 | $29.84 | $26.72 | $24.78 |
| 10 Nov 2017 | $29.14 | $27.68 | $25.17 |
| 1 Dec 2017 | $30.49 | $28.28 | $25.45 |
| 22 Dec 2017 | $32.72 | $29.91 | $25.83 |
| 12 Jan 2018 | $37.16 | $31.26 | $26.38 |
| 2 Feb 2018 | $34.26 | $33.42 | $27.27 |
| 23 Feb 2018 | $35.03 | $34.54 | $28.04 |
| 16 Mar 2018 | $32.56 | $34.77 | $28.84 |
| 6 Apr 2018 | $31.08 | $33.48 | $29.59 |
| 27 Apr 2018 | $33.62 | $33.04 | $30.41 |
| 18 May 2018 | $35.25 | $33.23 | $31.11 |
| 8 Jun 2018 | $33.05 | $33.63 | $31.61 |
| 29 Jun 2018 | $28.78 | $33.42 | $31.97 |
| 20 Jul 2018 | $29.22 | $32.14 | $32.22 |
| 10 Aug 2018 | $30.29 | $31.25 | $32.47 |
| 31 Aug 2018 | $30.21 | $30.30 | $32.52 |
| 21 Sep 2018 | $32.05 | $30.30 | $32.54 |
| 12 Oct 2018 | $28.49 | $30.18 | $32.44 |
| 2 Nov 2018 | $25.50 | $28.97 | $31.75 |
| 23 Nov 2018 | $22.79 | $27.58 | $30.99 |
| 14 Dec 2018 | $21.65 | $25.13 | $30.13 |
| 4 Jan 2019 | $21.28 | $23.10 | $29.37 |
| 25 Jan 2019 | $22.98 | $22.20 | $28.71 |
| 15 Feb 2019 | $23.08 | $21.96 | $27.90 |
| 8 Mar 2019 | $20.91 | $22.30 | $27.03 |
| 29 Mar 2019 | $20.38 | $22.27 | $26.14 |
| 18 Apr 2019 | $23.70 | $22.16 | $25.53 |
| 10 May 2019 | $18.46 | $21.66 | $24.87 |
| 31 May 2019 | $14.72 | $20.02 | $23.80 |
| 21 Jun 2019 | $17.33 | $18.48 | $22.78 |
| 12 Jul 2019 | $16.76 | $17.01 | $21.89 |
| 2 Aug 2019 | $14.83 | $16.55 | $20.88 |
| 23 Aug 2019 | $13.37 | $15.92 | $19.95 |
| 13 Sep 2019 | $17.08 | $15.30 | $19.29 |
| 4 Oct 2019 | $13.02 | $14.57 | $18.71 |
| 25 Oct 2019 | $15.47 | $14.50 | $18.21 |
| 15 Nov 2019 | $16.72 | $15.21 | $17.75 |
| 6 Dec 2019 | $17.88 | $15.58 | $17.34 |
| 27 Dec 2019 | $17.41 | $16.77 | $17.04 |
| 17 Jan 2020 | $16.23 | $17.19 | $16.72 |
| 7 Feb 2020 | $17.74 | $16.91 | $16.24 |
| 28 Feb 2020 | $14.30 | $16.55 | $15.96 |
| 20 Mar 2020 | $7.74 | $14.42 | $15.56 |
| 9 Apr 2020 | $10.47 | $12.51 | $15.05 |
| 1 May 2020 | $10.55 | $10.51 | $14.51 |
| 22 May 2020 | $9.03 | $9.39 | $14.01 |
| 12 Jun 2020 | $10.83 | $9.98 | $13.82 |
| 2 Jul 2020 | $10.94 | $10.29 | $13.48 |
| 24 Jul 2020 | $11.47 | $10.67 | $13.29 |
| 14 Aug 2020 | $11.91 | $11.29 | $13.06 |
| 4 Sep 2020 | $12.94 | $11.69 | $12.75 |
| 25 Sep 2020 | $12.09 | $12.12 | $12.44 |
| 16 Oct 2020 | $14.27 | $12.85 | $12.13 |
| 6 Nov 2020 | $14.90 | $13.54 | $11.97 |
| 27 Nov 2020 | $18.28 | $14.62 | $12.00 |
| 18 Dec 2020 | $22.96 | $17.00 | $12.46 |
| 8 Jan 2021 | $24.83 | $19.46 | $13.43 |
| 29 Jan 2021 | $21.59 | $21.75 | $14.38 |
| 19 Feb 2021 | $23.91 | $22.99 | $15.27 |
| 12 Mar 2021 | $26.94 | $23.65 | $16.42 |
| 1 Apr 2021 | $29.35 | $24.58 | $17.58 |
| 23 Apr 2021 | $30.55 | $26.73 | $18.99 |
| 14 May 2021 | $32.47 | $29.04 | $20.48 |
| 4 Jun 2021 | $33.27 | $30.69 | $21.90 |
| 25 Jun 2021 | $31.03 | $31.28 | $23.31 |
| 16 Jul 2021 | $29.52 | $31.44 | $24.56 |
| 6 Aug 2021 | $34.50 | $31.83 | $26.00 |
| 27 Aug 2021 | $34.71 | $32.54 | $27.51 |
| 17 Sep 2021 | $31.88 | $33.40 | $28.65 |
| 8 Oct 2021 | $28.93 | $32.74 | $29.23 |
| 29 Oct 2021 | $34.17 | $31.94 | $29.85 |
| 19 Nov 2021 | $30.00 | $31.42 | $30.57 |
| 10 Dec 2021 | $29.23 | $30.75 | $30.93 |
| 31 Dec 2021 | $31.83 | $31.15 | $31.36 |
| 21 Jan 2022 | $31.83 | $31.56 | $31.81 |
| 11 Feb 2022 | $30.69 | $32.04 | $31.92 |
| 4 Mar 2022 | $29.34 | $32.21 | $31.85 |
| 25 Mar 2022 | $34.56 | $31.65 | $31.79 |
| 14 Apr 2022 | $33.01 | $31.53 | $31.89 |
| 6 May 2022 | $27.87 | $31.20 | $31.86 |
| 27 May 2022 | $33.15 | $30.77 | $31.45 |
| 17 Jun 2022 | $25.98 | $29.99 | $31.16 |
| 8 Jul 2022 | $22.13 | $27.83 | $30.55 |
| 29 Jul 2022 | $24.59 | $26.16 | $30.04 |
| 19 Aug 2022 | $23.42 | $24.13 | $29.42 |
| 9 Sep 2022 | $23.38 | $23.40 | $28.84 |
| 30 Sep 2022 | $19.91 | $23.08 | $28.28 |
| 21 Oct 2022 | $23.39 | $22.26 | $27.47 |
| 11 Nov 2022 | $27.40 | $22.10 | $26.69 |
| 2 Dec 2022 | $27.06 | $23.27 | $26.34 |
| 23 Dec 2022 | $26.66 | $25.01 | $26.05 |
| 13 Jan 2023 | $31.17 | $26.51 | $25.77 |
| 3 Feb 2023 | $30.43 | $28.24 | $25.72 |
| 24 Feb 2023 | $29.43 | $29.09 | $25.73 |
| 17 Mar 2023 | $26.45 | $30.14 | $25.76 |
| 6 Apr 2023 | $28.12 | $29.68 | $25.69 |
| 28 Apr 2023 | $28.47 | $29.23 | $26.15 |
| 19 May 2023 | $26.83 | $28.13 | $26.43 |
| 9 Jun 2023 | $27.30 | $27.61 | $26.55 |
| 30 Jun 2023 | $27.34 | $27.08 | $26.84 |
| 21 Jul 2023 | $27.52 | $26.91 | $27.29 |
| 11 Aug 2023 | $26.92 | $27.38 | $27.75 |
| 1 Sep 2023 | $27.00 | $27.11 | $27.95 |
| 22 Sep 2023 | $24.71 | $26.75 | $27.90 |
| 13 Oct 2023 | $22.78 | $25.59 | $27.73 |
| 3 Nov 2023 | $23.26 | $24.33 | $27.24 |
| 24 Nov 2023 | $24.36 | $23.49 | $26.71 |
| 15 Dec 2023 | $27.11 | $23.76 | $26.37 |
| 5 Jan 2024 | $27.79 | $25.14 | $26.32 |
| 26 Jan 2024 | $27.59 | $26.42 | $26.19 |
| 16 Feb 2024 | $27.40 | $27.40 | $26.11 |
| 8 Mar 2024 | $26.09 | $27.07 | $26.05 |
| 28 Mar 2024 | $27.58 | $26.89 | $26.09 |
| 19 Apr 2024 | $25.39 | $26.76 | $26.06 |
| 10 May 2024 | $25.52 | $26.33 | $25.90 |
| 31 May 2024 | $26.49 | $26.25 | $25.79 |
| 21 Jun 2024 | $23.65 | $25.47 | $25.68 |
| 12 Jul 2024 | $23.56 | $24.73 | $25.51 |
| 2 Aug 2024 | $21.10 | $23.73 | $25.39 |
| 23 Aug 2024 | $23.33 | $22.73 | $25.38 |
| 13 Sep 2024 | $22.73 | $22.54 | $25.34 |
| 4 Oct 2024 | $25.68 | $23.13 | $25.26 |
| 25 Oct 2024 | $24.02 | $23.84 | $24.97 |
| 15 Nov 2024 | $25.27 | $24.46 | $24.81 |
| 6 Dec 2024 | $25.29 | $24.92 | $24.65 |
| 27 Dec 2024 | $23.14 | $24.64 | $24.52 |
| 17 Jan 2025 | $23.26 | $24.19 | $24.23 |
| 7 Feb 2025 | $27.84 | $24.16 | $24.12 |
| 28 Feb 2025 | $27.74 | $25.02 | $24.31 |
| 21 Mar 2025 | $31.58 | $27.68 | $24.75 |
| 11 Apr 2025 | $26.86 | $28.97 | $25.02 |
| 2 May 2025 | $30.64 | $29.32 | $25.41 |
| 23 May 2025 | $30.36 | $29.44 | $26.04 |
| 13 Jun 2025 | $30.13 | $29.32 | $26.60 |
| 3 Jul 2025 | $32.64 | $30.62 | $27.16 |
| 25 Jul 2025 | $33.65 | $31.64 | $27.81 |
| 15 Aug 2025 | $33.58 | $32.19 | $28.43 |
| 5 Sep 2025 | $34.22 | $33.02 | $29.03 |
| 26 Sep 2025 | $36.94 | $33.74 | $29.78 |
| 17 Oct 2025 | $38.48 | $35.46 | $30.85 |
| 7 Nov 2025 | $39.16 | $36.92 | $32.03 |
| 28 Nov 2025 | $43.12 | $38.71 | $33.04 |
| 19 Dec 2025 | $44.65 | $40.80 | $34.17 |
| 9 Jan 2026 | $46.97 | $42.78 | $35.11 |
| 30 Jan 2026 | $53.97 | $46.40 | $36.82 |
| 20 Feb 2026 | $65.20 | $51.90 | $39.11 |
| 13 Mar 2026 | $50.74 | $56.35 | $41.32 |
| 2 Apr 2026 | $52.92 | $57.29 | $42.78 |
| 24 Apr 2026 | $59.71 | $58.01 | $44.90 |
| 15 May 2026 | $60.15 | $56.89 | $46.88 |
| 5 Jun 2026 | $67.21 | $60.96 | $49.31 |
| 26 Jun 2026 | $59.88 | $63.62 | $51.53 |
| 17 Jul 2026 | $66.45 | $65.01 | $53.53 |
| 7 Aug 2026 | $73.29 | $66.80 | $55.85 |
| 28 Aug 2026 | $74.39 | $68.23 | $58.46 |
| 18 Sep 2026 | $72.53 | $71.79 | $60.85 |
| 9 Oct 2026 | $64.11 | $72.03 | $62.57 |
| 30 Oct 2026 | $59.81 | $68.58 | $63.70 |
| 4 Nov 2026 | $62.51 | $67.89 | $63.89 |
Price stage: Rising from Oct 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.
Price stage: Sideways from Nov 2023 to Dec 2023; Sideways from Dec 2023 to May 2024; Falling from Jun 2024 to Nov 2024; Sideways from Nov 2024 to Dec 2024; Falling from Dec 2024 to Jan 2025; Sideways from Jan 2025 to May 2025; Rising from May 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.
Price stage: Sideways from Oct 2021 to Dec 2021; Rising from Dec 2021 to Jan 2022; Sideways from Feb 2022 to Mar 2022; Rising from Mar 2022 to Jun 2022; Falling from Jul 2022 to Oct 2022; Sideways from Nov 2022 to Jul 2023; Sideways from Aug 2023 to Dec 2023; Sideways from Dec 2023 to Apr 2024; Falling from Apr 2024 to Oct 2024; Sideways from Nov 2024 to Dec 2024; Falling from Dec 2024 to Jan 2025; Sideways from Jan 2025 to Apr 2025; Rising from May 2025 to Nov 2026.
Price stage: Rising from Dec 2017 to Jun 2018; Sideways from Jun 2018 to Nov 2018; Falling from Dec 2018 to Sep 2020; Sideways from Oct 2020 to Jan 2021; Rising from Jan 2021 to Jun 2022; Falling from Jul 2022 to Oct 2022; Sideways from Nov 2022 to Jul 2023; Sideways from Aug 2023 to Nov 2023; Sideways from Dec 2023 to May 2024; Falling from Jun 2024 to Jan 2025; Sideways from Feb 2025 to May 2025; Rising from May 2025 to Nov 2026.
Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Ahead in 264 of 527 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 8 Jul 2016 | no S&P 500 reading |
| 15 Jul 2016 | no S&P 500 reading |
| 22 Jul 2016 | no S&P 500 reading |
| 29 Jul 2016 | no S&P 500 reading |
| 5 Aug 2016 | no S&P 500 reading |
| 12 Aug 2016 | no S&P 500 reading |
| 19 Aug 2016 | no S&P 500 reading |
| 26 Aug 2016 | no S&P 500 reading |
| 2 Sep 2016 | no S&P 500 reading |
| 9 Sep 2016 | no S&P 500 reading |
| 16 Sep 2016 | no S&P 500 reading |
| 23 Sep 2016 | no S&P 500 reading |
| 30 Sep 2016 | no S&P 500 reading |
| 7 Oct 2016 | +24.9% |
| 14 Oct 2016 | +11.4% |
| 21 Oct 2016 | +18.5% |
| 28 Oct 2016 | +2.9% |
| 4 Nov 2016 | +5.5% |
| 11 Nov 2016 | +17.7% |
| 18 Nov 2016 | +10.1% |
| 25 Nov 2016 | +23.2% |
| 2 Dec 2016 | +28.9% |
| 9 Dec 2016 | +31.7% |
| 16 Dec 2016 | +35.6% |
| 23 Dec 2016 | +16.8% |
| 30 Dec 2016 | +17.5% |
| 6 Jan 2017 | +15.3% |
| 13 Jan 2017 | +22.9% |
| 20 Jan 2017 | +16.6% |
| 27 Jan 2017 | +15.9% |
| 3 Feb 2017 | +11.3% |
| 10 Feb 2017 | +17.6% |
| 17 Feb 2017 | +22.6% |
| 24 Feb 2017 | +6.7% |
| 3 Mar 2017 | +5.3% |
| 10 Mar 2017 | −1.2% |
| 17 Mar 2017 | +12.6% |
| 24 Mar 2017 | +9.2% |
| 31 Mar 2017 | +8.9% |
| 7 Apr 2017 | +3.8% |
| 13 Apr 2017 | −11.0% |
| 21 Apr 2017 | −9.6% |
| 28 Apr 2017 | −7.9% |
| 5 May 2017 | −4.5% |
| 12 May 2017 | −20.2% |
| 19 May 2017 | −18.6% |
| 26 May 2017 | −16.2% |
| 2 Jun 2017 | −23.3% |
| 9 Jun 2017 | −17.9% |
| 16 Jun 2017 | −28.1% |
| 23 Jun 2017 | −18.7% |
| 30 Jun 2017 | −11.8% |
| 7 Jul 2017 | −8.9% |
| 14 Jul 2017 | +7.9% |
| 21 Jul 2017 | +4.1% |
| 28 Jul 2017 | +6.1% |
| 4 Aug 2017 | +6.4% |
| 11 Aug 2017 | +16.1% |
| 18 Aug 2017 | +13.0% |
| 25 Aug 2017 | +18.0% |
| 1 Sep 2017 | +28.0% |
| 8 Sep 2017 | +25.2% |
| 15 Sep 2017 | +30.2% |
| 22 Sep 2017 | +18.1% |
| 29 Sep 2017 | +9.4% |
| 6 Oct 2017 | +10.8% |
| 13 Oct 2017 | +13.4% |
| 20 Oct 2017 | +14.2% |
| 27 Oct 2017 | +9.0% |
| 3 Nov 2017 | +8.5% |
| 10 Nov 2017 | +7.2% |
| 17 Nov 2017 | +1.6% |
| 24 Nov 2017 | +4.9% |
| 1 Dec 2017 | +4.8% |
| 8 Dec 2017 | +9.0% |
| 15 Dec 2017 | +7.6% |
| 22 Dec 2017 | +20.6% |
| 29 Dec 2017 | +19.2% |
| 5 Jan 2018 | +21.8% |
| 12 Jan 2018 | +17.6% |
| 19 Jan 2018 | +14.5% |
| 26 Jan 2018 | +16.9% |
| 2 Feb 2018 | +9.9% |
| 9 Feb 2018 | +11.2% |
| 16 Feb 2018 | +24.4% |
| 23 Feb 2018 | +13.0% |
| 2 Mar 2018 | +7.3% |
| 9 Mar 2018 | −2.2% |
| 16 Mar 2018 | +3.4% |
| 23 Mar 2018 | −2.1% |
| 29 Mar 2018 | −0.2% |
| 6 Apr 2018 | −5.0% |
| 13 Apr 2018 | −7.5% |
| 20 Apr 2018 | −0.3% |
| 27 Apr 2018 | −2.9% |
| 4 May 2018 | +5.1% |
| 11 May 2018 | +4.6% |
| 18 May 2018 | −2.7% |
| 25 May 2018 | −4.7% |
| 1 Jun 2018 | −2.3% |
| 8 Jun 2018 | +2.9% |
| 15 Jun 2018 | −1.2% |
| 22 Jun 2018 | −3.1% |
| 29 Jun 2018 | −12.6% |
| 6 Jul 2018 | −9.4% |
| 13 Jul 2018 | −14.9% |
| 20 Jul 2018 | −21.2% |
| 27 Jul 2018 | −12.6% |
| 3 Aug 2018 | −14.5% |
| 10 Aug 2018 | −19.0% |
| 17 Aug 2018 | −22.5% |
| 24 Aug 2018 | −13.8% |
| 31 Aug 2018 | −14.7% |
| 7 Sep 2018 | −16.4% |
| 14 Sep 2018 | −14.6% |
| 21 Sep 2018 | −5.9% |
| 28 Sep 2018 | +0.1% |
| 5 Oct 2018 | −5.6% |
| 12 Oct 2018 | −2.4% |
| 19 Oct 2018 | −5.4% |
| 26 Oct 2018 | −16.2% |
| 2 Nov 2018 | −16.4% |
| 9 Nov 2018 | −14.4% |
| 16 Nov 2018 | −10.8% |
| 23 Nov 2018 | −16.5% |
| 30 Nov 2018 | −18.9% |
| 7 Dec 2018 | −16.5% |
| 14 Dec 2018 | −15.9% |
| 21 Dec 2018 | −18.3% |
| 28 Dec 2018 | −18.5% |
| 4 Jan 2019 | −16.1% |
| 11 Jan 2019 | −16.8% |
| 18 Jan 2019 | −13.5% |
| 25 Jan 2019 | −6.1% |
| 1 Feb 2019 | −5.8% |
| 8 Feb 2019 | −10.7% |
| 15 Feb 2019 | −8.3% |
| 22 Feb 2019 | −3.9% |
| 1 Mar 2019 | −1.1% |
| 8 Mar 2019 | −7.3% |
| 15 Mar 2019 | −8.3% |
| 22 Mar 2019 | −15.0% |
| 29 Mar 2019 | −15.0% |
| 5 Apr 2019 | −9.5% |
| 12 Apr 2019 | −9.3% |
| 18 Apr 2019 | −4.1% |
| 26 Apr 2019 | −15.7% |
| 3 May 2019 | −18.9% |
| 10 May 2019 | −22.5% |
| 17 May 2019 | −32.1% |
| 24 May 2019 | −33.2% |
| 31 May 2019 | −34.5% |
| 7 Jun 2019 | −31.3% |
| 14 Jun 2019 | −27.6% |
| 21 Jun 2019 | −21.8% |
| 28 Jun 2019 | −15.3% |
| 5 Jul 2019 | −25.9% |
| 12 Jul 2019 | −29.4% |
| 19 Jul 2019 | −31.7% |
| 26 Jul 2019 | −24.8% |
| 2 Aug 2019 | −30.5% |
| 9 Aug 2019 | −28.0% |
| 16 Aug 2019 | −21.0% |
| 23 Aug 2019 | −16.4% |
| 30 Aug 2019 | −8.6% |
| 6 Sep 2019 | −5.2% |
| 13 Sep 2019 | +1.1% |
| 20 Sep 2019 | −14.7% |
| 27 Sep 2019 | −22.3% |
| 4 Oct 2019 | −23.3% |
| 11 Oct 2019 | −10.5% |
| 18 Oct 2019 | −13.2% |
| 25 Oct 2019 | −8.9% |
| 1 Nov 2019 | +2.0% |
| 8 Nov 2019 | +19.8% |
| 15 Nov 2019 | +19.6% |
| 22 Nov 2019 | +19.3% |
| 29 Nov 2019 | +11.6% |
| 6 Dec 2019 | +12.6% |
| 13 Dec 2019 | +0.9% |
| 20 Dec 2019 | +11.2% |
| 27 Dec 2019 | +13.7% |
| 3 Jan 2020 | +20.3% |
| 10 Jan 2020 | +1.3% |
| 17 Jan 2020 | −0.2% |
| 24 Jan 2020 | −9.5% |
| 31 Jan 2020 | −12.4% |
| 7 Feb 2020 | −3.2% |
| 14 Feb 2020 | −4.6% |
| 21 Feb 2020 | −12.8% |
| 28 Feb 2020 | −10.7% |
| 6 Mar 2020 | −22.2% |
| 13 Mar 2020 | −32.0% |
| 20 Mar 2020 | −28.0% |
| 27 Mar 2020 | −26.5% |
| 3 Apr 2020 | −27.2% |
| 9 Apr 2020 | −21.6% |
| 17 Apr 2020 | −26.6% |
| 24 Apr 2020 | −22.4% |
| 1 May 2020 | −15.9% |
| 8 May 2020 | −23.7% |
| 15 May 2020 | −35.7% |
| 22 May 2020 | −33.0% |
| 29 May 2020 | −35.4% |
| 5 Jun 2020 | −17.6% |
| 12 Jun 2020 | −0.3% |
| 19 Jun 2020 | −2.1% |
| 26 Jun 2020 | −6.1% |
| 2 Jul 2020 | +4.1% |
| 10 Jul 2020 | −4.7% |
| 17 Jul 2020 | +6.9% |
| 24 Jul 2020 | +3.6% |
| 31 Jul 2020 | −11.5% |
| 7 Aug 2020 | −11.4% |
| 14 Aug 2020 | +22.3% |
| 21 Aug 2020 | +10.7% |
| 28 Aug 2020 | +16.5% |
| 4 Sep 2020 | +4.4% |
| 11 Sep 2020 | +7.1% |
| 18 Sep 2020 | +27.6% |
| 25 Sep 2020 | +9.4% |
| 2 Oct 2020 | +18.9% |
| 9 Oct 2020 | +15.4% |
| 16 Oct 2020 | +15.5% |
| 23 Oct 2020 | +20.8% |
| 30 Oct 2020 | +24.0% |
| 6 Nov 2020 | +22.0% |
| 13 Nov 2020 | +29.3% |
| 20 Nov 2020 | +39.6% |
| 27 Nov 2020 | +40.5% |
| 4 Dec 2020 | +56.5% |
| 11 Dec 2020 | +56.5% |
| 18 Dec 2020 | +54.1% |
| 24 Dec 2020 | +79.2% |
| 31 Dec 2020 | +54.4% |
| 8 Jan 2021 | +64.0% |
| 15 Jan 2021 | +59.7% |
| 22 Jan 2021 | +41.3% |
| 29 Jan 2021 | +45.4% |
| 5 Feb 2021 | +38.3% |
| 12 Feb 2021 | +31.7% |
| 19 Feb 2021 | +36.4% |
| 26 Feb 2021 | +22.7% |
| 5 Mar 2021 | +11.7% |
| 12 Mar 2021 | +20.5% |
| 19 Mar 2021 | +14.1% |
| 26 Mar 2021 | +17.4% |
| 1 Apr 2021 | +21.0% |
| 9 Apr 2021 | +8.7% |
| 16 Apr 2021 | +14.7% |
| 23 Apr 2021 | +27.4% |
| 30 Apr 2021 | +22.9% |
| 7 May 2021 | +40.0% |
| 14 May 2021 | +36.2% |
| 21 May 2021 | +22.4% |
| 28 May 2021 | +29.6% |
| 4 Jun 2021 | +25.3% |
| 11 Jun 2021 | +15.5% |
| 18 Jun 2021 | −3.1% |
| 25 Jun 2021 | −0.3% |
| 2 Jul 2021 | −0.9% |
| 9 Jul 2021 | +1.8% |
| 16 Jul 2021 | −5.3% |
| 23 Jul 2021 | −0.4% |
| 30 Jul 2021 | +15.2% |
| 6 Aug 2021 | −0.5% |
| 13 Aug 2021 | +4.4% |
| 20 Aug 2021 | −0.6% |
| 27 Aug 2021 | −0.7% |
| 3 Sep 2021 | −6.2% |
| 10 Sep 2021 | −6.6% |
| 17 Sep 2021 | +5.8% |
| 24 Sep 2021 | −6.6% |
| 1 Oct 2021 | −6.4% |
| 8 Oct 2021 | −7.8% |
| 15 Oct 2021 | +5.5% |
| 22 Oct 2021 | −3.6% |
| 29 Oct 2021 | −7.8% |
| 5 Nov 2021 | −11.8% |
| 12 Nov 2021 | −17.8% |
| 19 Nov 2021 | −14.1% |
| 26 Nov 2021 | −21.6% |
| 3 Dec 2021 | −18.0% |
| 10 Dec 2021 | −16.2% |
| 17 Dec 2021 | −3.7% |
| 23 Dec 2021 | +0.1% |
| 31 Dec 2021 | −1.6% |
| 7 Jan 2022 | +13.9% |
| 14 Jan 2022 | +11.6% |
| 21 Jan 2022 | +3.1% |
| 28 Jan 2022 | −10.9% |
| 4 Feb 2022 | +1.2% |
| 11 Feb 2022 | +3.2% |
| 18 Feb 2022 | +8.5% |
| 25 Feb 2022 | +18.2% |
| 4 Mar 2022 | +11.0% |
| 11 Mar 2022 | +12.8% |
| 18 Mar 2022 | +2.8% |
| 25 Mar 2022 | +11.5% |
| 1 Apr 2022 | +7.8% |
| 8 Apr 2022 | −8.1% |
| 14 Apr 2022 | −5.5% |
| 22 Apr 2022 | +1.2% |
| 29 Apr 2022 | +7.1% |
| 6 May 2022 | −3.1% |
| 13 May 2022 | −2.2% |
| 20 May 2022 | +6.4% |
| 27 May 2022 | +9.9% |
| 3 Jun 2022 | +16.5% |
| 10 Jun 2022 | +3.2% |
| 17 Jun 2022 | −0.7% |
| 24 Jun 2022 | −17.0% |
| 1 Jul 2022 | −14.5% |
| 8 Jul 2022 | −14.5% |
| 15 Jul 2022 | −21.9% |
| 22 Jul 2022 | −19.2% |
| 29 Jul 2022 | −15.9% |
| 5 Aug 2022 | −12.7% |
| 12 Aug 2022 | −13.3% |
| 19 Aug 2022 | −28.1% |
| 26 Aug 2022 | −27.3% |
| 2 Sep 2022 | −26.7% |
| 9 Sep 2022 | −22.6% |
| 16 Sep 2022 | −20.4% |
| 23 Sep 2022 | −9.3% |
| 30 Sep 2022 | −6.7% |
| 7 Oct 2022 | −0.4% |
| 14 Oct 2022 | +2.6% |
| 21 Oct 2022 | +6.8% |
| 28 Oct 2022 | −3.1% |
| 4 Nov 2022 | +4.8% |
| 11 Nov 2022 | +14.6% |
| 18 Nov 2022 | +16.7% |
| 25 Nov 2022 | +14.9% |
| 2 Dec 2022 | +16.5% |
| 9 Dec 2022 | +18.8% |
| 16 Dec 2022 | +15.8% |
| 23 Dec 2022 | +27.1% |
| 30 Dec 2022 | +24.6% |
| 6 Jan 2023 | +32.8% |
| 13 Jan 2023 | +38.1% |
| 20 Jan 2023 | +26.4% |
| 27 Jan 2023 | +37.8% |
| 3 Feb 2023 | +20.1% |
| 10 Feb 2023 | +2.6% |
| 17 Feb 2023 | +13.2% |
| 24 Feb 2023 | +12.2% |
| 3 Mar 2023 | +20.4% |
| 10 Mar 2023 | +11.6% |
| 17 Mar 2023 | +2.1% |
| 24 Mar 2023 | +1.9% |
| 31 Mar 2023 | +7.8% |
| 6 Apr 2023 | −7.6% |
| 14 Apr 2023 | −8.2% |
| 21 Apr 2023 | −12.0% |
| 28 Apr 2023 | −13.3% |
| 5 May 2023 | −10.8% |
| 12 May 2023 | −9.2% |
| 19 May 2023 | −13.5% |
| 26 May 2023 | −17.7% |
| 2 Jun 2023 | −23.1% |
| 9 Jun 2023 | −19.2% |
| 16 Jun 2023 | −6.4% |
| 23 Jun 2023 | −14.1% |
| 30 Jun 2023 | −17.5% |
| 7 Jul 2023 | −13.5% |
| 14 Jul 2023 | −14.7% |
| 21 Jul 2023 | −13.0% |
| 28 Jul 2023 | −11.2% |
| 4 Aug 2023 | −7.7% |
| 11 Aug 2023 | −6.2% |
| 18 Aug 2023 | −8.0% |
| 25 Aug 2023 | −4.3% |
| 1 Sep 2023 | −4.8% |
| 8 Sep 2023 | −9.3% |
| 15 Sep 2023 | −9.3% |
| 22 Sep 2023 | −7.0% |
| 29 Sep 2023 | −4.9% |
| 6 Oct 2023 | −5.9% |
| 13 Oct 2023 | −14.7% |
| 20 Oct 2023 | −14.4% |
| 27 Oct 2023 | −11.1% |
| 3 Nov 2023 | −12.1% |
| 10 Nov 2023 | −17.5% |
| 17 Nov 2023 | −10.4% |
| 24 Nov 2023 | −10.1% |
| 1 Dec 2023 | −7.0% |
| 8 Dec 2023 | −4.9% |
| 15 Dec 2023 | −0.6% |
| 22 Dec 2023 | +5.9% |
| 29 Dec 2023 | +2.2% |
| 5 Jan 2024 | +5.6% |
| 12 Jan 2024 | +6.5% |
| 19 Jan 2024 | +8.0% |
| 26 Jan 2024 | +5.9% |
| 2 Feb 2024 | +5.2% |
| 9 Feb 2024 | +18.2% |
| 16 Feb 2024 | +3.4% |
| 23 Feb 2024 | −3.1% |
| 1 Mar 2024 | −10.3% |
| 8 Mar 2024 | −8.3% |
| 15 Mar 2024 | −11.2% |
| 22 Mar 2024 | −16.1% |
| 28 Mar 2024 | −12.9% |
| 5 Apr 2024 | −12.7% |
| 12 Apr 2024 | −6.2% |
| 19 Apr 2024 | −7.0% |
| 26 Apr 2024 | −12.3% |
| 3 May 2024 | −8.6% |
| 10 May 2024 | −15.6% |
| 17 May 2024 | −9.5% |
| 24 May 2024 | −6.7% |
| 31 May 2024 | −0.7% |
| 7 Jun 2024 | −8.1% |
| 14 Jun 2024 | −18.4% |
| 21 Jun 2024 | −16.6% |
| 28 Jun 2024 | −20.9% |
| 5 Jul 2024 | −21.8% |
| 12 Jul 2024 | −22.1% |
| 19 Jul 2024 | −22.1% |
| 26 Jul 2024 | −17.6% |
| 2 Aug 2024 | −23.8% |
| 9 Aug 2024 | −16.0% |
| 16 Aug 2024 | −20.4% |
| 23 Aug 2024 | −15.6% |
| 30 Aug 2024 | −17.7% |
| 6 Sep 2024 | −12.7% |
| 13 Sep 2024 | −5.8% |
| 20 Sep 2024 | −3.0% |
| 27 Sep 2024 | +8.2% |
| 4 Oct 2024 | +7.2% |
| 11 Oct 2024 | +2.0% |
| 18 Oct 2024 | +1.4% |
| 25 Oct 2024 | −0.6% |
| 1 Nov 2024 | +9.3% |
| 8 Nov 2024 | +6.2% |
| 15 Nov 2024 | +7.7% |
| 22 Nov 2024 | +1.7% |
| 29 Nov 2024 | +0.1% |
| 6 Dec 2024 | +1.3% |
| 13 Dec 2024 | +1.2% |
| 20 Dec 2024 | −7.3% |
| 27 Dec 2024 | −15.0% |
| 3 Jan 2025 | −16.9% |
| 10 Jan 2025 | −11.4% |
| 17 Jan 2025 | −6.6% |
| 24 Jan 2025 | −1.3% |
| 31 Jan 2025 | −4.9% |
| 7 Feb 2025 | +6.3% |
| 14 Feb 2025 | +9.0% |
| 21 Feb 2025 | +10.0% |
| 28 Feb 2025 | +11.1% |
| 7 Mar 2025 | +36.3% |
| 14 Mar 2025 | +37.2% |
| 21 Mar 2025 | +40.8% |
| 28 Mar 2025 | +31.0% |
| 4 Apr 2025 | +26.1% |
| 11 Apr 2025 | +29.8% |
| 17 Apr 2025 | +29.0% |
| 25 Apr 2025 | +28.2% |
| 2 May 2025 | +29.8% |
| 9 May 2025 | +14.8% |
| 16 May 2025 | +10.0% |
| 23 May 2025 | +12.7% |
| 30 May 2025 | +11.0% |
| 6 Jun 2025 | −13.2% |
| 13 Jun 2025 | −12.6% |
| 20 Jun 2025 | −10.5% |
| 27 Jun 2025 | −2.0% |
| 3 Jul 2025 | +8.2% |
| 11 Jul 2025 | +11.5% |
| 18 Jul 2025 | +0.0% |
| 25 Jul 2025 | −1.9% |
| 1 Aug 2025 | −8.7% |
| 8 Aug 2025 | −1.9% |
| 15 Aug 2025 | +1.1% |
| 22 Aug 2025 | +0.6% |
| 29 Aug 2025 | −0.4% |
| 5 Sep 2025 | +5.6% |
| 12 Sep 2025 | +5.2% |
| 19 Sep 2025 | +6.2% |
| 26 Sep 2025 | +10.5% |
| 3 Oct 2025 | +10.7% |
| 10 Oct 2025 | +3.2% |
| 17 Oct 2025 | +12.6% |
| 24 Oct 2025 | +10.0% |
| 31 Oct 2025 | +13.4% |
| 7 Nov 2025 | +11.2% |
| 14 Nov 2025 | +13.1% |
| 21 Nov 2025 | +14.9% |
| 28 Nov 2025 | +23.3% |
| 5 Dec 2025 | +17.6% |
| 12 Dec 2025 | +29.3% |
| 19 Dec 2025 | +23.9% |
| 26 Dec 2025 | +20.9% |
| 2 Jan 2026 | +20.8% |
| 9 Jan 2026 | +20.0% |
| 16 Jan 2026 | +22.5% |
| 23 Jan 2026 | +37.0% |
| 30 Jan 2026 | +40.2% |
| 6 Feb 2026 | +53.6% |
| 13 Feb 2026 | +54.4% |
| 20 Feb 2026 | +59.2% |
| 27 Feb 2026 | +50.7% |
| 6 Mar 2026 | +33.0% |
| 13 Mar 2026 | +12.6% |
| 20 Mar 2026 | +11.7% |
| 27 Mar 2026 | +15.4% |
| 2 Apr 2026 | +16.1% |
| 10 Apr 2026 | +31.2% |
| 17 Apr 2026 | +24.7% |
| 24 Apr 2026 | +6.4% |
| 1 May 2026 | +1.2% |
| 8 May 2026 | −5.6% |
| 15 May 2026 | −10.6% |
| 22 May 2026 | −6.8% |
| 29 May 2026 | −3.8% |
| 5 Jun 2026 | +11.6% |
| 12 Jun 2026 | +27.6% |
| 18 Jun 2026 | +17.6% |
| 26 Jun 2026 | +5.7% |
| 2 Jul 2026 | +6.2% |
| 10 Jul 2026 | −2.1% |
| 17 Jul 2026 | +2.4% |
| 24 Jul 2026 | +8.5% |
| 31 Jul 2026 | +19.7% |
| 7 Aug 2026 | +13.3% |
| 14 Aug 2026 | +17.8% |
| 21 Aug 2026 | +6.6% |
| 28 Aug 2026 | +5.5% |
| 4 Sep 2026 | +12.7% |
| 11 Sep 2026 | +2.2% |
| 18 Sep 2026 | +12.4% |
| 25 Sep 2026 | +12.3% |
| 2 Oct 2026 | −1.6% |
| 9 Oct 2026 | −6.1% |
| 16 Oct 2026 | −7.8% |
| 23 Oct 2026 | −14.0% |
| 30 Oct 2026 | −15.9% |
| 4 Nov 2026 | −13.9% |
Over the last 10 years the share price moved +318% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does ArcelorMittal S.A. pay?
ArcelorMittal S.A. has 3 quarters of declared dividends on file, too few for a 12-month total. The most recent declaration was $0.60 for Dec 2025.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
ArcelorMittal S.A. declared a dividend in 3 of the last 12 reported quarters, most recently $0.60 for Dec 2025. That is fewer than four quarters, so no 12-month total is shown.
Dividend per share each quarter: latest $0.60 (Dec 2025)
- Dividend per share $0.60
| Quarter | Dividend per share |
|---|---|
| Dec 2023 | $0.50 |
| Dec 2024 | $0.55 |
| Dec 2025 | $0.60 |
Which stock lists is ArcelorMittal S.A. on?
ArcelorMittal S.A. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is ArcelorMittal S.A. profitable?
ArcelorMittal S.A. earned $683 M of net profit in the Jun 2026 quarter, −61.9% on the same quarter a year earlier. Full-year FY25 profit was $3.2 B. Over 4 years profit has grown −32.2% a year on average. That is 4.1% of the quarter's revenue. The same quarter a year earlier earned $1.8 B.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
2 of the last 12 reported quarters were loss-making.
For the full year, FY25 profit was $3.2 B (+135.4% on the year before).
FY25 profit $3.2 B (+135.4% on the year before), −32.2% a year over 4 years
- Net profit $3.2 B
| Quarter | Net profit |
|---|---|
| FY21 | $15.0 B |
| FY22 | $9.3 B |
| FY23 | $919 M |
| FY24 | $1.3 B |
| FY25 | $3.2 B |
Growth on a year earlier
- Growth on a year earlier 135.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −37.8% |
| FY23 | −90.1% |
| FY24 | 45.7% |
| FY25 | 135.4% |
Jun 2026: $683 M (−61.9% on a year earlier)
- Net profit (quarterly) $683 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $929 M |
| Dec 2023 | −$3.0 B |
| Mar 2024 | $938 M |
| Jun 2024 | $504 M |
| Sep 2024 | $287 M |
| Dec 2024 | −$390 M |
| Mar 2025 | $805 M |
| Jun 2025 | $1.8 B |
| Sep 2025 | $377 M |
| Dec 2025 | $177 M |
| Mar 2026 | $575 M |
| Jun 2026 | $683 M |
Growth on a year earlier
- Growth on a year earlier −61.9%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −6.4% |
| Dec 2023 | −1,236.4% |
| Mar 2024 | −14.4% |
| Jun 2024 | −72.9% |
| Sep 2024 | −69.1% |
| Dec 2024 | – |
| Mar 2025 | −14.2% |
| Jun 2025 | 255.8% |
| Sep 2025 | 31.4% |
| Dec 2025 | – |
| Mar 2026 | −28.6% |
| Jun 2026 | −61.9% |
Why profit moved: revenue changed +5.2% on a year earlier and the margin moved +5.8 percentage points. Most of the change came from keeping more of each sale.
On average over the last four quarters, profit changed −19.7% and revenue +3.6%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does ArcelorMittal S.A. make, and is it growing?
ArcelorMittal S.A. reported $16.8 B of revenue in the Jun 2026 quarter, +5.2% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown −5.4% a year on average. The last full year, FY25, came in at $61.4 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $62.8 B.
FY25 revenue was $61.4 B, −1.7% on the year before.
FY25 revenue $61.4 B (−1.7% on the year before), −5.4% a year over 4 years
- Revenue $61.4 B
| Quarter | Revenue |
|---|---|
| FY21 | $76.6 B |
| FY22 | $79.8 B |
| FY23 | $68.3 B |
| FY24 | $62.4 B |
| FY25 | $61.4 B |
Growth on a year earlier
- Growth on a year earlier −1.7%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 4.3% |
| FY23 | −14.5% |
| FY24 | −8.5% |
| FY25 | −1.7% |
Jun 2026: $16.8 B (+5.2% on a year earlier), the 4th quarter in a row of growth
- Revenue (quarterly) $16.8 B
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $16.6 B |
| Dec 2023 | $14.6 B |
| Mar 2024 | $16.3 B |
| Jun 2024 | $16.2 B |
| Sep 2024 | $15.2 B |
| Dec 2024 | $14.7 B |
| Mar 2025 | $14.8 B |
| Jun 2025 | $15.9 B |
| Sep 2025 | $15.7 B |
| Dec 2025 | $15.0 B |
| Mar 2026 | $15.5 B |
| Jun 2026 | $16.8 B |
Growth on a year earlier
- Growth on a year earlier 5.2%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −12.4% |
| Dec 2023 | −13.8% |
| Mar 2024 | −12% |
| Jun 2024 | −12.7% |
| Sep 2024 | −8.5% |
| Dec 2024 | 1.1% |
| Mar 2025 | −9.1% |
| Jun 2025 | −2% |
| Sep 2025 | 3% |
| Dec 2025 | 1.7% |
| Mar 2026 | 4.5% |
| Jun 2026 | 5.2% |
Recent pace: the last four quarters grew +3.6% on average, against −5.4% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +3.6%, against −0.7% a year over the last 8 quarters (accelerating).
How much of every $100 of sales does ArcelorMittal S.A. keep?
ArcelorMittal S.A.'s operating margin was 6.3% in the Jun 2026 quarter, 5.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between 2.7% and 21.7%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +5.8 percentage points on the year while gross margin changed +6.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 2.7%, within a range of 2.7% to 21.7% over 5 years
- Operating margin 2.7%
| Quarter | Operating margin |
|---|---|
| FY21 | 21.7% |
| FY22 | 14.6% |
| FY23 | 4.6% |
| FY24 | 5.5% |
| FY25 | 2.7% |
Change on the year before (points)
- Change on the year before (points) −2.8 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −7.1 pts |
| FY23 | −10.0 pts |
| FY24 | +0.9 pts |
| FY25 | −2.8 pts |
Jun 2026: operating margin 6.3% (+5.8 points on a year earlier)
- Operating margin 6.3%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 7.2% |
| Dec 2023 | −8.1% |
| Mar 2024 | 6.6% |
| Jun 2024 | 6.4% |
| Sep 2024 | 5.1% |
| Dec 2024 | 3.8% |
| Mar 2025 | 5.6% |
| Jun 2025 | 0.5% |
| Sep 2025 | 4.1% |
| Dec 2025 | −5.1% |
| Mar 2026 | 4.9% |
| Jun 2026 | 6.3% |
Change on a year earlier (points)
- Change on a year earlier (points) +5.8 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −1.5 pts |
| Dec 2023 | −14.5 pts |
| Mar 2024 | +0.2 pts |
| Jun 2024 | −3.9 pts |
| Sep 2024 | −2.1 pts |
| Dec 2024 | +11.9 pts |
| Mar 2025 | −1.0 pts |
| Jun 2025 | −5.9 pts |
| Sep 2025 | −1.0 pts |
| Dec 2025 | −8.9 pts |
| Mar 2026 | −0.7 pts |
| Jun 2026 | +5.8 pts |
Is ArcelorMittal S.A.'s profit turning into cash?
Over the last 3 years, 320% of ArcelorMittal S.A.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $4.8 B of operating cash against $3.2 B of profit. After $4.3 B of spending on assets, $471 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $4.8 B against profit $3.2 B; 320% of 3 years' profit came in as cash
- Operating cash $4.8 B
- Net profit $3.2 B
- Free cash $471 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $9.9 B | $15.0 B | $6.9 B |
| FY22 | $10.2 B | $9.3 B | $6.7 B |
| FY23 | $7.6 B | $919 M | $3.0 B |
| FY24 | $4.9 B | $1.3 B | $447 M |
| FY25 | $4.8 B | $3.2 B | $471 M |
Jun 2026: operating cash $961 M = 141% of the quarter's profit
- Operating cash (quarterly) $961 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $1.3 B |
| Dec 2023 | $3.3 B |
| Mar 2024 | −$100 M |
| Jun 2024 | $1.1 B |
| Sep 2024 | $1.4 B |
| Dec 2024 | $2.5 B |
| Mar 2025 | −$354 M |
| Jun 2025 | $1.4 B |
| Sep 2025 | $751 M |
| Dec 2025 | $3.0 B |
| Mar 2026 | −$9.0 M |
| Jun 2026 | $961 M |
Operating cash as % of profit
- Operating cash as % of profit 141%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 138% |
| Dec 2023 | – |
| Mar 2024 | −11% |
| Jun 2024 | 213% |
| Sep 2024 | 492% |
| Dec 2024 | – |
| Mar 2025 | −44% |
| Jun 2025 | 79% |
| Sep 2025 | 199% |
| Dec 2025 | 1,692% |
| Mar 2026 | −2% |
| Jun 2026 | 141% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does ArcelorMittal S.A.'s cash go?
ArcelorMittal S.A. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $13.4 B on assets over the last 3 years. Averaged over those years that is 7.3% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $13.4 B over the last 3 years.
FY25: capex $4.3 B, steady spending
- Capex $4.3 B
| Quarter | Capex |
|---|---|
| FY21 | $3.0 B |
| FY22 | $3.5 B |
| FY23 | $4.6 B |
| FY24 | $4.4 B |
| FY25 | $4.3 B |
Jun 2026: capex $1.1 B in the quarter
- Capex (quarterly) $1.1 B
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $1.2 B |
| Dec 2023 | $1.4 B |
| Mar 2024 | $1.2 B |
| Jun 2024 | $985 M |
| Sep 2024 | $1.1 B |
| Dec 2024 | $1.1 B |
| Mar 2025 | $967 M |
| Jun 2025 | $886 M |
| Sep 2025 | $1.2 B |
| Dec 2025 | $1.2 B |
| Mar 2026 | $1.3 B |
| Jun 2026 | $1.1 B |
Free cash
- Free cash −$141 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $116 M |
| Dec 2023 | $1.9 B |
| Mar 2024 | −$1.3 B |
| Jun 2024 | $88.0 M |
| Sep 2024 | $360 M |
| Dec 2024 | $1.3 B |
| Mar 2025 | −$1.3 B |
| Jun 2025 | $530 M |
| Sep 2025 | −$486 M |
| Dec 2025 | $1.7 B |
| Mar 2026 | −$1.3 B |
| Jun 2026 | −$141 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is ArcelorMittal S.A.'s P/E ratio, and how does it compare with its own history?
ArcelorMittal S.A.'s P/E is 26.8×, near the high end of its own history: higher than 82% of past readings. Its usual P/E (the middle reading) is 13.3×, over 4.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 26.8× against a usual 13.3×: near the high end of its own history: higher than 82% of past readings
- P/E 26.4×
- Median 13.3×
| Week | P/E | Median |
|---|---|---|
| 1 Jul 2022 | 1.38× | 13.3× |
| 8 Jul 2022 | 1.34× | 13.3× |
| 15 Jul 2022 | 1.32× | 13.3× |
| 22 Jul 2022 | 1.39× | 13.3× |
| 29 Jul 2022 | 1.48× | 13.3× |
| 5 Aug 2022 | 1.48× | 13.3× |
| 12 Aug 2022 | 1.53× | 13.3× |
| 19 Aug 2022 | 1.41× | 13.3× |
| 26 Aug 2022 | 1.41× | 13.3× |
| 2 Sep 2022 | 1.36× | 13.3× |
| 9 Sep 2022 | 1.41× | 13.3× |
| 16 Sep 2022 | 1.33× | 13.3× |
| 23 Sep 2022 | 1.23× | 13.3× |
| 30 Sep 2022 | 1.47× | 13.3× |
| 7 Oct 2022 | 1.52× | 13.3× |
| 14 Oct 2022 | 1.54× | 13.3× |
| 21 Oct 2022 | 1.73× | 13.3× |
| 28 Oct 2022 | 1.66× | 13.3× |
| 4 Nov 2022 | 1.73× | 13.3× |
| 11 Nov 2022 | 2.03× | 13.3× |
| 18 Nov 2022 | 1.91× | 13.3× |
| 25 Nov 2022 | 1.97× | 13.3× |
| 2 Dec 2022 | 2.00× | 13.3× |
| 9 Dec 2022 | 2.00× | 13.3× |
| 16 Dec 2022 | 1.88× | 13.3× |
| 23 Dec 2022 | 1.97× | 13.3× |
| 30 Dec 2022 | 1.94× | 13.3× |
| 6 Jan 2023 | 2.90× | 13.3× |
| 13 Jan 2023 | 3.14× | 13.3× |
| 20 Jan 2023 | 3.12× | 13.3× |
| 27 Jan 2023 | 3.22× | 13.3× |
| 3 Feb 2023 | 3.07× | 13.3× |
| 10 Feb 2023 | 2.90× | 13.3× |
| 17 Feb 2023 | 3.03× | 13.3× |
| 24 Feb 2023 | 2.97× | 13.3× |
| 3 Mar 2023 | 3.26× | 13.3× |
| 10 Mar 2023 | 2.99× | 13.3× |
| 17 Mar 2023 | 2.67× | 13.3× |
| 24 Mar 2023 | 2.83× | 13.3× |
| 31 Mar 2023 | 4.35× | 13.3× |
| 6 Apr 2023 | 4.06× | 13.3× |
| 14 Apr 2023 | 4.29× | 13.3× |
| 21 Apr 2023 | 4.11× | 13.3× |
| 28 Apr 2023 | 4.11× | 13.3× |
| 5 May 2023 | 3.92× | 13.3× |
| 12 May 2023 | 3.81× | 13.3× |
| 19 May 2023 | 3.88× | 13.3× |
| 26 May 2023 | 3.75× | 13.3× |
| 2 Jun 2023 | 3.88× | 13.3× |
| 9 Jun 2023 | 3.94× | 13.3× |
| 16 Jun 2023 | 4.06× | 13.3× |
| 23 Jun 2023 | 3.87× | 13.3× |
| 30 Jun 2023 | 5.60× | 13.3× |
| 7 Jul 2023 | 5.40× | 13.3× |
| 14 Jul 2023 | 5.74× | 13.3× |
| 21 Jul 2023 | 5.64× | 13.3× |
| 28 Jul 2023 | 5.76× | 13.3× |
| 4 Aug 2023 | 5.60× | 13.3× |
| 11 Aug 2023 | 5.52× | 13.3× |
| 18 Aug 2023 | 5.30× | 13.3× |
| 25 Aug 2023 | 5.35× | 13.3× |
| 1 Sep 2023 | 5.53× | 13.3× |
| 8 Sep 2023 | 5.28× | 13.3× |
| 15 Sep 2023 | 5.28× | 13.3× |
| 22 Sep 2023 | 5.06× | 13.3× |
| 29 Sep 2023 | 5.13× | 13.3× |
| 6 Oct 2023 | 4.98× | 13.3× |
| 13 Oct 2023 | 4.68× | 13.3× |
| 20 Oct 2023 | 4.45× | 13.3× |
| 27 Oct 2023 | 4.55× | 13.3× |
| 3 Nov 2023 | 4.78× | 13.3× |
| 10 Nov 2023 | 4.50× | 13.3× |
| 17 Nov 2023 | 4.93× | 13.3× |
| 24 Nov 2023 | 5.00× | 13.3× |
| 1 Dec 2023 | 5.25× | 13.3× |
| 8 Dec 2023 | 5.21× | 13.3× |
| 15 Dec 2023 | 5.57× | 13.3× |
| 22 Dec 2023 | 5.88× | 13.3× |
| 29 Dec 2023 | 5.83× | 13.3× |
| 5 Jan 2024 | 28.0× | 13.3× |
| 12 Jan 2024 | 26.8× | 13.3× |
| 19 Jan 2024 | 26.7× | 13.3× |
| 26 Jan 2024 | 27.8× | 13.3× |
| 2 Feb 2024 | 27.8× | 13.3× |
| 9 Feb 2024 | 29.1× | 13.3× |
| 16 Feb 2024 | 27.6× | 13.3× |
| 23 Feb 2024 | 26.6× | 13.3× |
| 1 Mar 2024 | 26.1× | 13.3× |
| 8 Mar 2024 | 26.3× | 13.3× |
| 15 Mar 2024 | 26.6× | 13.3× |
| 22 Mar 2024 | 27.1× | 13.3× |
| 28 Mar 2024 | 27.8× | 13.3× |
| 5 Apr 2024 | 30.9× | 13.3× |
| 12 Apr 2024 | 30.5× | 13.3× |
| 19 Apr 2024 | 28.8× | 13.3× |
| 26 Apr 2024 | 28.7× | 13.3× |
| 3 May 2024 | 29.7× | 13.3× |
| 10 May 2024 | 28.9× | 13.3× |
| 17 May 2024 | 29.9× | 13.3× |
| 24 May 2024 | 29.2× | 13.3× |
| 31 May 2024 | 30.0× | 13.3× |
| 7 Jun 2024 | 28.4× | 13.3× |
| 14 Jun 2024 | 26.3× | 13.3× |
| 21 Jun 2024 | 26.8× | 13.3× |
| 28 Jun 2024 | 26.0× | 13.3× |
| 5 Jul 2024 | 26.3× | 13.3× |
| 12 Jul 2024 | 26.7× | 13.3× |
| 19 Jul 2024 | 25.5× | 13.3× |
| 26 Jul 2024 | 25.7× | 13.3× |
| 2 Aug 2024 | 23.9× | 13.3× |
| 9 Aug 2024 | 24.9× | 13.3× |
| 16 Aug 2024 | 25.2× | 13.3× |
| 23 Aug 2024 | 26.4× | 13.3× |
| 30 Aug 2024 | 26.8× | 13.3× |
| 6 Sep 2024 | 25.2× | 13.3× |
| 13 Sep 2024 | 25.7× | 13.3× |
| 20 Sep 2024 | 27.1× | 13.3× |
| 27 Sep 2024 | 29.4× | 13.3× |
| 4 Oct 2024 | 29.1× | 13.3× |
| 11 Oct 2024 | 28.1× | 13.3× |
| 18 Oct 2024 | 27.6× | 13.3× |
| 25 Oct 2024 | 27.2× | 13.3× |
| 1 Nov 2024 | 27.8× | 13.3× |
| 3 Jan 2025 | 13.5× | 13.3× |
| 10 Jan 2025 | 13.4× | 13.3× |
| 17 Jan 2025 | 14.1× | 13.3× |
| 24 Jan 2025 | 15.1× | 13.3× |
| 31 Jan 2025 | 15.0× | 13.3× |
| 7 Feb 2025 | 16.9× | 13.3× |
| 14 Feb 2025 | 17.3× | 13.3× |
| 21 Feb 2025 | 16.9× | 13.3× |
| 28 Feb 2025 | 16.8× | 13.3× |
| 7 Mar 2025 | 20.1× | 13.3× |
| 14 Mar 2025 | 19.6× | 13.3× |
| 21 Mar 2025 | 19.2× | 13.3× |
| 28 Mar 2025 | 17.5× | 13.3× |
| 4 Apr 2025 | 16.2× | 13.3× |
| 11 Apr 2025 | 17.6× | 13.3× |
| 17 Apr 2025 | 17.8× | 13.3× |
| 25 Apr 2025 | 19.4× | 13.3× |
| 2 May 2025 | 20.1× | 13.3× |
| 9 May 2025 | 19.8× | 13.3× |
| 16 May 2025 | 20.1× | 13.3× |
| 23 May 2025 | 19.9× | 13.3× |
| 30 May 2025 | 20.0× | 13.3× |
| 6 Jun 2025 | 19.7× | 13.3× |
| 13 Jun 2025 | 19.7× | 13.3× |
| 20 Jun 2025 | 19.6× | 13.3× |
| 27 Jun 2025 | 20.5× | 13.3× |
| 3 Jul 2025 | 10.1× | 13.3× |
| 11 Jul 2025 | 10.6× | 13.3× |
| 18 Jul 2025 | 10.0× | 13.3× |
| 25 Jul 2025 | 10.4× | 13.3× |
| 1 Aug 2025 | 9.53× | 13.3× |
| 8 Aug 2025 | 10.3× | 13.3× |
| 15 Aug 2025 | 10.3× | 13.3× |
| 22 Aug 2025 | 10.5× | 13.3× |
| 29 Aug 2025 | 10.3× | 13.3× |
| 5 Sep 2025 | 10.5× | 13.3× |
| 12 Sep 2025 | 10.7× | 13.3× |
| 19 Sep 2025 | 10.9× | 13.3× |
| 26 Sep 2025 | 11.4× | 13.3× |
| 3 Oct 2025 | 11.4× | 13.3× |
| 10 Oct 2025 | 11.0× | 13.3× |
| 17 Oct 2025 | 11.4× | 13.3× |
| 24 Oct 2025 | 11.6× | 13.3× |
| 31 Oct 2025 | 11.3× | 13.3× |
| 7 Nov 2025 | 11.6× | 13.3× |
| 14 Nov 2025 | 11.7× | 13.3× |
| 21 Nov 2025 | 11.8× | 13.3× |
| 28 Nov 2025 | 12.8× | 13.3× |
| 5 Dec 2025 | 12.5× | 13.3× |
| 12 Dec 2025 | 13.7× | 13.3× |
| 19 Dec 2025 | 13.3× | 13.3× |
| 26 Dec 2025 | 13.7× | 13.3× |
| 2 Jan 2026 | 11.5× | 13.3× |
| 9 Jan 2026 | 11.4× | 13.3× |
| 16 Jan 2026 | 11.9× | 13.3× |
| 23 Jan 2026 | 13.2× | 13.3× |
| 30 Jan 2026 | 13.2× | 13.3× |
| 6 Feb 2026 | 14.9× | 13.3× |
| 13 Feb 2026 | 15.0× | 13.3× |
| 20 Feb 2026 | 15.9× | 13.3× |
| 27 Feb 2026 | 15.9× | 13.3× |
| 6 Mar 2026 | 13.5× | 13.3× |
| 13 Mar 2026 | 12.4× | 13.3× |
| 20 Mar 2026 | 11.7× | 13.3× |
| 27 Mar 2026 | 12.1× | 13.3× |
| 2 Apr 2026 | 13.9× | 13.3× |
| 10 Apr 2026 | 15.9× | 13.3× |
| 17 Apr 2026 | 16.3× | 13.3× |
| 24 Apr 2026 | 15.7× | 13.3× |
| 1 May 2026 | 14.9× | 13.3× |
| 8 May 2026 | 16.3× | 13.3× |
| 15 May 2026 | 15.8× | 13.3× |
| 22 May 2026 | 17.3× | 13.3× |
| 29 May 2026 | 18.2× | 13.3× |
| 5 Jun 2026 | 17.6× | 13.3× |
| 12 Jun 2026 | 18.6× | 13.3× |
| 18 Jun 2026 | 16.6× | 13.3× |
| 26 Jun 2026 | 15.7× | 13.3× |
| 2 Jul 2026 | 26.8× | 13.3× |
| 10 Jul 2026 | 27.9× | 13.3× |
| 17 Jul 2026 | 28.1× | 13.3× |
| 24 Jul 2026 | 28.3× | 13.3× |
| 31 Jul 2026 | 29.7× | 13.3× |
| 7 Aug 2026 | 31.0× | 13.3× |
| 14 Aug 2026 | 31.0× | 13.3× |
| 21 Aug 2026 | 30.5× | 13.3× |
| 28 Aug 2026 | 31.0× | 13.3× |
| 4 Sep 2026 | 31.0× | 13.3× |
| 11 Sep 2026 | 31.0× | 13.3× |
| 18 Sep 2026 | 30.7× | 13.3× |
| 25 Sep 2026 | 29.9× | 13.3× |
| 2 Oct 2026 | 27.3× | 13.3× |
| 9 Oct 2026 | 27.1× | 13.3× |
| 16 Oct 2026 | 26.7× | 13.3× |
| 23 Oct 2026 | 25.1× | 13.3× |
| 30 Oct 2026 | 25.3× | 13.3× |
| 4 Nov 2026 | 26.4× | 13.3× |
Earnings per share, 12 months
- Earnings per share, 12 months $2.36
| Week | Earnings per share, 12 months |
|---|---|
| 1 Jul 2022 | – |
| 8 Jul 2022 | – |
| 15 Jul 2022 | – |
| 22 Jul 2022 | – |
| 29 Jul 2022 | – |
| 5 Aug 2022 | – |
| 12 Aug 2022 | – |
| 19 Aug 2022 | – |
| 26 Aug 2022 | – |
| 2 Sep 2022 | – |
| 9 Sep 2022 | – |
| 16 Sep 2022 | – |
| 23 Sep 2022 | – |
| 30 Sep 2022 | $13.52 |
| 7 Oct 2022 | $13.52 |
| 14 Oct 2022 | $13.52 |
| 21 Oct 2022 | $13.52 |
| 28 Oct 2022 | $13.52 |
| 4 Nov 2022 | $13.52 |
| 11 Nov 2022 | $13.52 |
| 18 Nov 2022 | $13.52 |
| 25 Nov 2022 | $13.52 |
| 2 Dec 2022 | $13.52 |
| 9 Dec 2022 | $13.52 |
| 16 Dec 2022 | $13.52 |
| 23 Dec 2022 | $13.52 |
| 30 Dec 2022 | $13.52 |
| 6 Jan 2023 | $13.52 |
| 13 Jan 2023 | $13.52 |
| 20 Jan 2023 | $13.52 |
| 27 Jan 2023 | $13.52 |
| 3 Feb 2023 | $13.52 |
| 10 Feb 2023 | $13.52 |
| 17 Feb 2023 | $13.52 |
| 24 Feb 2023 | $13.52 |
| 3 Mar 2023 | $13.52 |
| 10 Mar 2023 | $13.52 |
| 17 Mar 2023 | $13.52 |
| 24 Mar 2023 | $13.52 |
| 31 Mar 2023 | $6.92 |
| 6 Apr 2023 | $6.92 |
| 14 Apr 2023 | $6.92 |
| 21 Apr 2023 | $6.92 |
| 28 Apr 2023 | $6.92 |
| 5 May 2023 | $6.92 |
| 12 May 2023 | $6.92 |
| 19 May 2023 | $6.92 |
| 26 May 2023 | $6.92 |
| 2 Jun 2023 | $6.92 |
| 9 Jun 2023 | $6.92 |
| 16 Jun 2023 | $6.92 |
| 23 Jun 2023 | $6.92 |
| 30 Jun 2023 | $4.88 |
| 7 Jul 2023 | $4.88 |
| 14 Jul 2023 | $4.88 |
| 21 Jul 2023 | $4.88 |
| 28 Jul 2023 | $4.88 |
| 4 Aug 2023 | $4.88 |
| 11 Aug 2023 | $4.88 |
| 18 Aug 2023 | $4.88 |
| 25 Aug 2023 | $4.88 |
| 1 Sep 2023 | $4.88 |
| 8 Sep 2023 | $4.88 |
| 15 Sep 2023 | $4.88 |
| 22 Sep 2023 | $4.88 |
| 29 Sep 2023 | $4.88 |
| 6 Oct 2023 | $4.88 |
| 13 Oct 2023 | $4.88 |
| 20 Oct 2023 | $4.88 |
| 27 Oct 2023 | $4.88 |
| 3 Nov 2023 | $4.88 |
| 10 Nov 2023 | $4.88 |
| 17 Nov 2023 | $4.88 |
| 24 Nov 2023 | $4.88 |
| 1 Dec 2023 | $4.88 |
| 8 Dec 2023 | $4.88 |
| 15 Dec 2023 | $4.88 |
| 22 Dec 2023 | $4.88 |
| 29 Dec 2023 | $4.87 |
| 5 Jan 2024 | $4.87 |
| 12 Jan 2024 | $4.87 |
| 19 Jan 2024 | $4.87 |
| 26 Jan 2024 | $4.87 |
| 2 Feb 2024 | $4.87 |
| 9 Feb 2024 | $4.87 |
| 16 Feb 2024 | $4.87 |
| 23 Feb 2024 | $4.87 |
| 1 Mar 2024 | $4.87 |
| 8 Mar 2024 | $4.87 |
| 15 Mar 2024 | $4.87 |
| 22 Mar 2024 | $4.87 |
| 28 Mar 2024 | $0.99 |
| 5 Apr 2024 | $0.99 |
| 12 Apr 2024 | $0.99 |
| 19 Apr 2024 | $0.99 |
| 26 Apr 2024 | $0.99 |
| 3 May 2024 | $0.99 |
| 10 May 2024 | $0.99 |
| 17 May 2024 | $0.99 |
| 24 May 2024 | $0.99 |
| 31 May 2024 | $0.99 |
| 7 Jun 2024 | $0.99 |
| 14 Jun 2024 | $0.99 |
| 21 Jun 2024 | $0.99 |
| 28 Jun 2024 | $0.88 |
| 5 Jul 2024 | $0.88 |
| 12 Jul 2024 | $0.88 |
| 19 Jul 2024 | $0.88 |
| 26 Jul 2024 | $0.88 |
| 2 Aug 2024 | $0.88 |
| 9 Aug 2024 | $0.88 |
| 16 Aug 2024 | $0.88 |
| 23 Aug 2024 | $0.88 |
| 30 Aug 2024 | $0.88 |
| 6 Sep 2024 | $0.88 |
| 13 Sep 2024 | $0.88 |
| 20 Sep 2024 | $0.88 |
| 27 Sep 2024 | $0.88 |
| 4 Oct 2024 | $0.88 |
| 11 Oct 2024 | $0.88 |
| 18 Oct 2024 | $0.88 |
| 25 Oct 2024 | $0.88 |
| 1 Nov 2024 | $0.88 |
| 3 Jan 2025 | $0.88 |
| 10 Jan 2025 | $0.88 |
| 17 Jan 2025 | $0.88 |
| 24 Jan 2025 | $0.88 |
| 31 Jan 2025 | $0.88 |
| 7 Feb 2025 | $0.88 |
| 14 Feb 2025 | $0.88 |
| 21 Feb 2025 | $0.88 |
| 28 Feb 2025 | $0.88 |
| 7 Mar 2025 | $0.88 |
| 14 Mar 2025 | $0.88 |
| 21 Mar 2025 | $0.88 |
| 28 Mar 2025 | $1.65 |
| 4 Apr 2025 | $1.65 |
| 11 Apr 2025 | $1.65 |
| 17 Apr 2025 | $1.65 |
| 25 Apr 2025 | $1.65 |
| 2 May 2025 | $1.65 |
| 9 May 2025 | $1.65 |
| 16 May 2025 | $1.65 |
| 23 May 2025 | $1.65 |
| 30 May 2025 | $1.65 |
| 6 Jun 2025 | $1.65 |
| 13 Jun 2025 | $1.65 |
| 20 Jun 2025 | $1.65 |
| 27 Jun 2025 | $1.53 |
| 3 Jul 2025 | $1.53 |
| 11 Jul 2025 | $1.53 |
| 18 Jul 2025 | $1.53 |
| 25 Jul 2025 | $1.53 |
| 1 Aug 2025 | $1.53 |
| 8 Aug 2025 | $1.53 |
| 15 Aug 2025 | $1.53 |
| 22 Aug 2025 | $1.53 |
| 29 Aug 2025 | $1.53 |
| 5 Sep 2025 | $1.53 |
| 12 Sep 2025 | $1.53 |
| 19 Sep 2025 | $1.53 |
| 26 Sep 2025 | $3.25 |
| 3 Oct 2025 | $3.25 |
| 10 Oct 2025 | $3.25 |
| 17 Oct 2025 | $3.25 |
| 24 Oct 2025 | $3.25 |
| 31 Oct 2025 | $3.25 |
| 7 Nov 2025 | $3.25 |
| 14 Nov 2025 | $3.25 |
| 21 Nov 2025 | $3.25 |
| 28 Nov 2025 | $3.25 |
| 5 Dec 2025 | $3.25 |
| 12 Dec 2025 | $3.25 |
| 19 Dec 2025 | $3.25 |
| 26 Dec 2025 | $3.37 |
| 2 Jan 2026 | $3.37 |
| 9 Jan 2026 | $3.37 |
| 16 Jan 2026 | $3.37 |
| 23 Jan 2026 | $3.37 |
| 30 Jan 2026 | $3.37 |
| 6 Feb 2026 | $3.37 |
| 13 Feb 2026 | $3.37 |
| 20 Feb 2026 | $3.37 |
| 27 Feb 2026 | $3.37 |
| 6 Mar 2026 | $3.37 |
| 13 Mar 2026 | $3.37 |
| 20 Mar 2026 | $3.37 |
| 27 Mar 2026 | $4.10 |
| 2 Apr 2026 | $4.10 |
| 10 Apr 2026 | $4.10 |
| 17 Apr 2026 | $4.10 |
| 24 Apr 2026 | $4.10 |
| 1 May 2026 | $4.10 |
| 8 May 2026 | $4.10 |
| 15 May 2026 | $4.10 |
| 22 May 2026 | $4.10 |
| 29 May 2026 | $4.10 |
| 5 Jun 2026 | $4.10 |
| 12 Jun 2026 | $4.10 |
| 18 Jun 2026 | $4.10 |
| 26 Jun 2026 | $3.81 |
| 2 Jul 2026 | $3.81 |
| 10 Jul 2026 | $3.81 |
| 17 Jul 2026 | $3.81 |
| 24 Jul 2026 | $3.81 |
| 31 Jul 2026 | $3.81 |
| 7 Aug 2026 | $3.81 |
| 14 Aug 2026 | $3.81 |
| 21 Aug 2026 | $3.81 |
| 28 Aug 2026 | $3.81 |
| 4 Sep 2026 | $3.81 |
| 11 Sep 2026 | $3.81 |
| 18 Sep 2026 | $3.81 |
| 25 Sep 2026 | $2.36 |
| 2 Oct 2026 | $2.36 |
| 9 Oct 2026 | $2.36 |
| 16 Oct 2026 | $2.36 |
| 23 Oct 2026 | $2.36 |
| 30 Oct 2026 | $2.36 |
| 4 Nov 2026 | $2.36 |
Why the multiple is where it is: over the past year earnings per share moved +143.2% while the price moved +59.6%. Earnings did better than the price, which pulled the multiple down within its own range.
Where the price move came from: over 3 years the price moved +39.0% a year; about −21.4% a year came from earnings growth and about +60.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the ArcelorMittal S.A. business getting better or worse?
ArcelorMittal S.A.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 2.2%; each line tells part of the story. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue −1.7% in FY25, profit +135.4%
- Revenue growth −1.7%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 4.3% |
| FY23 | −14.5% |
| FY24 | −8.5% |
| FY25 | −1.7% |
Profit growth, EPS growth
- Profit growth 135.4%
- EPS growth 143.2%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | −37.8% | −24.5% |
| FY23 | −90.1% | −89.3% |
| FY24 | 45.7% | 55% |
| FY25 | 135.4% | 143.2% |
Three growth lines over twelve quarters: revenue accelerating
- Revenue 3.6%
| Quarter | Revenue |
|---|---|
| Sep 2023 | −15.7% |
| Dec 2023 | −14.5% |
| Mar 2024 | −13.7% |
| Jun 2024 | −12.7% |
| Sep 2024 | −11.8% |
| Dec 2024 | −8.5% |
| Mar 2025 | −7.7% |
| Jun 2025 | −4.8% |
| Sep 2025 | −1.9% |
| Dec 2025 | −1.7% |
| Mar 2026 | 1.7% |
| Jun 2026 | 3.6% |
Profit, EPS
- Profit −27.4%
- EPS −27.2%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −68.3% | −64% |
| Dec 2023 | −90.1% | −90% |
| Mar 2024 | −87.9% | −87.2% |
| Jun 2024 | −114.1% | −114.1% |
| Sep 2024 | −129.8% | −129.2% |
| Dec 2024 | 45.7% | 65.8% |
| Mar 2025 | 58.5% | 73.1% |
| Jun 2025 | – | – |
| Sep 2025 | – | – |
| Dec 2025 | 135.4% | 148.9% |
| Mar 2026 | 142.3% | 149.3% |
| Jun 2026 | −27.4% | −27.2% |
ROCE: the return line, worked out each quarter
- ROCE 2.2%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 7.6% |
| Dec 2023 | 4.4% |
| Mar 2024 | 4.2% |
| Jun 2024 | 3% |
| Sep 2024 | 2.4% |
| Dec 2024 | 4.9% |
| Mar 2025 | 4.5% |
| Jun 2025 | 3.1% |
| Sep 2025 | 2.8% |
| Dec 2025 | 1.1% |
| Mar 2026 | 1% |
| Jun 2026 | 2.2% |
Why it matters: when the lines disagree, each line above matters more than any single label.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | −1.7% | −8.4% | — | — |
| Profit | +135.4% | −30.3% | — | — |
| EPS | +143.2% | −26.1% | — | — |
| Stock price | +59.6% | +39.0% | +14.0% | +12.3% |
How much does ArcelorMittal S.A. earn on its capital?
ArcelorMittal S.A. earned a ROE of 6% in FY25. That is up from a low of 2% in FY23. Its return on capital used (ROIC) is 8.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a 5.1% net margin and 0.63× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a 5.1% net margin × 0.63× asset turnover × 1.73× leverage (assets divided by equity) ≈ 5.6% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 3.5% − 11.7% = −8.2 percentage points. The 11.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
The 3.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 2.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE 6%, the climb back from FY23's 2%
- ROE 5.6%
- ROIC (annual) 2.5%
- Cost of capital 11.7%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 29.1% | 28% | 11.7% |
| FY22 | 16.7% | 17.4% | 11.7% |
| FY23 | 1.6% | 4.3% | 11.7% |
| FY24 | 2.6% | 2.8% | 11.7% |
| FY25 | 5.6% | 2.5% | 11.7% |
Jun 2026: ROIC 0.9% (last 12 months) against a 11.7% cost of capital
- ROIC (12 months) 0.9%
- ROE (12 months) 4.1%
- Cost of capital 11.7%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 2.8% | 13.4% | 11.7% |
| Dec 2023 | 1.5% | 6.7% | 11.7% |
| Mar 2024 | −2% | −21% | 11.7% |
| Jun 2024 | 1.5% | 7% | 11.7% |
| Sep 2024 | 1.1% | 3.7% | 11.7% |
| Dec 2024 | 0.6% | 2.2% | 11.7% |
| Mar 2025 | −1.1% | −3% | 11.7% |
| Jun 2025 | 1.2% | 6.3% | 11.7% |
| Sep 2025 | 0.1% | 13.3% | 11.7% |
| Dec 2025 | 0.8% | 2.8% | 11.7% |
| Mar 2026 | −1.2% | 1.4% | 11.7% |
| Jun 2026 | 0.9% | 4.1% | 11.7% |
Does ArcelorMittal S.A. have too much debt?
ArcelorMittal S.A. has total debt of $14.4 B against shareholder equity of $56.8 B as of Jun 2026, so its debt is 0.25× its equity, which is very little. Year by year, that ratio went from 0.16 in FY21 to 0.24 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $13.4 B, 0.24× equity
- Total debt $13.4 B
| Quarter | Total debt |
|---|---|
| FY21 | $8.4 B |
| FY22 | $11.7 B |
| FY23 | $10.7 B |
| FY24 | $11.6 B |
| FY25 | $13.4 B |
Debt-to-equity
- Debt-to-equity 0.24×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.16× |
| FY22 | 0.21× |
| FY23 | 0.19× |
| FY24 | 0.23× |
| FY25 | 0.24× |
Jun 2026: debt $14.4 B, debt-to-equity 0.25
- Total debt (quarterly) $14.4 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $10.5 B |
| Dec 2023 | $10.7 B |
| Mar 2024 | $10.2 B |
| Jun 2024 | $11.1 B |
| Sep 2024 | $11.3 B |
| Dec 2024 | $11.6 B |
| Mar 2025 | $12.0 B |
| Jun 2025 | $13.7 B |
| Sep 2025 | $14.9 B |
| Dec 2025 | $13.4 B |
| Mar 2026 | $13.7 B |
| Jun 2026 | $14.4 B |
Debt-to-equity
- Debt-to-equity 0.25×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.18× |
| Dec 2023 | 0.19× |
| Mar 2024 | 0.18× |
| Jun 2024 | 0.20× |
| Sep 2024 | 0.20× |
| Dec 2024 | 0.23× |
| Mar 2025 | 0.23× |
| Jun 2025 | 0.24× |
| Sep 2025 | 0.26× |
| Dec 2025 | 0.24× |
| Mar 2026 | 0.24× |
| Jun 2026 | 0.25× |
What is the ArcelorMittal S.A. shareholding pattern?
0.3% of ArcelorMittal S.A.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 1.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is ArcelorMittal S.A. from balance-sheet trouble?
For ArcelorMittal S.A., the Z-score is 2.07. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 2.07 is in the grey area, neither clearly safe nor clearly in trouble.
How does ArcelorMittal S.A. rank in its industry?
38.7 out of 100, rank 10 of 13 in Steel, with 71% of the evidence available.
ArcelorMittal S.A. scores 38.7 out of 100 against the 13 companies it is compared with in Steel, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
The four parts add up to the total exactly: 15.2 + 9.2 + 9.5 + 4.8 = 38.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is ArcelorMittal S.A. compared with?
ArcelorMittal S.A. ranks 10 of 13 Steel companies on the 4-Factor Sector Score, with 38.7 out of 100.
- 1Reliance, Inc.RS · turning · Most evidence points up · 85% evidence75.8out of 100
How the score adds up
Growth & earnings 27.0/35 · Revenue 24.7% · Profit 52% · Operating margin change 3.5 points · 95% evidenceCapital efficiency 16.8/25 · ROCE 15.1% · Operating margin 10.6% · 76% evidenceValuation 14.7/20 · P/E 17.7× · PEG 0.31 · 65% evidenceRelative strength 17.3/20 · Lead over its industry 16.8% · Lead over S&P 500 17.1% · 1 year 60.6% · 100% evidence · 2 of 12 weeks aheadExact sum: 27 + 16.8 + 14.7 + 17.3 = 75.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Friedman Industries, IncorporatedFRD · losing its lead · Most evidence points up · 81% evidence72.3out of 100
How the score adds up
Growth & earnings 28.8/35 · Revenue 61.7% · Profit 100% · Operating margin change 3.6 points · 83% evidenceCapital efficiency 13.9/25 · ROCE 14.3% · Operating margin 8.8% · 76% evidenceValuation 15.2/20 · P/E 8.5× · PEG 0.32 · 65% evidenceRelative strength 14.4/20 · Lead over its industry 31.5% · Lead over S&P 500 31.2% · 1 year 84.5% · 100% evidence · 11 of 12 weeks aheadExact sum: 28.8 + 13.9 + 15.2 + 14.4 = 72.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 3Steel Dynamics, Inc.STLD · quiet · Most evidence points up · 85% evidence72.2out of 100
How the score adds up
Growth & earnings 30.2/35 · Revenue 26% · Profit 73.8% · Operating margin change 5 points · 95% evidenceCapital efficiency 18.9/25 · ROCE 16.7% · Operating margin 15.5% · 76% evidenceValuation 11.3/20 · P/E 16.2× · PEG 0.8 · 65% evidenceRelative strength 11.8/20 · Lead over its industry 5.7% · Lead over S&P 500 5.9% · 1 year 57.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 30.2 + 18.9 + 11.3 + 11.8 = 72.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 4Nucor CorporationNUE · losing its lead · Too little evidence to rank firmly · 56% evidence63.6out of 100
How the score adds up
Growth & earnings 22.0/35 · Revenue — · Profit — · Operating margin change 4.8 points · 39% evidenceCapital efficiency 16.3/25 · ROCE 13.1% · Operating margin 15.7% · 76% evidenceValuation 10.0/20 · P/E 17.5× · PEG — · 15% evidenceRelative strength 15.3/20 · Lead over its industry 18.8% · Lead over S&P 500 18.9% · 1 year 85.7% · 100% evidence · 4 of 12 weeks aheadExact sum: 22 + 16.3 + 10 + 15.3 = 63.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 5Ternium S.A.TX · losing its lead · Evidence leans up · 81% evidence56.1out of 100
How the score adds up
Growth & earnings 19.4/35 · Revenue -1.4% · Profit 17.6% · Operating margin change 7.2 points · 83% evidenceCapital efficiency 11.8/25 · ROCE 5.8% · Operating margin 12.2% · 76% evidenceValuation 12.5/20 · P/E 12× · PEG 0.69 · 65% evidenceRelative strength 12.4/20 · Lead over its industry 5.5% · Lead over S&P 500 5.7% · 1 year 41.6% · 100% evidence · 11 of 12 weeks aheadExact sum: 19.4 + 11.8 + 12.5 + 12.4 = 56.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Cleveland-Cliffs Inc.CLF · breaking out · Evidence leans up · 67% evidence53.2out of 100
How the score adds up
Growth & earnings 22.5/35 · Revenue 7.8% · Profit — · Operating margin change 9.7 points · 71% evidenceCapital efficiency 5.6/25 · ROCE -0.2% · Operating margin 6.7% · 76% evidenceValuation 11.3/20 · P/E -13.3× · PEG — · 15% evidenceRelative strength 13.8/20 · Lead over its industry 3% · Lead over S&P 500 3.5% · 1 year 23.1% · 100% evidence · 7 of 12 weeks aheadExact sum: 22.5 + 5.6 + 11.3 + 13.8 = 53.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7NWPX Infrastructure, Inc.NWPX · quiet · Evidence leans up · 81% evidence51.3out of 100
How the score adds up
Growth & earnings 23.0/35 · Revenue 15% · Profit 51.5% · Operating margin change 3.4 points · 83% evidenceCapital efficiency 14.8/25 · ROCE 12.1% · Operating margin 13.3% · 76% evidenceValuation 11.8/20 · P/E 29.6× · PEG 0.59 · 65% evidenceRelative strength 1.7/20 · Lead over its industry -7.6% · Lead over S&P 500 -7.6% · 1 year 55.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 23 + 14.8 + 11.8 + 1.7 = 51.3 · What this means: Earnings are strong; relative strength in its sector is -7.6% and the one-year return is 55.9%. - 8Worthington Steel, Inc.WS · breaking out · Evidence leans down · 75% evidence41.0out of 100
How the score adds up
Growth & earnings 10.8/35 · Revenue 69.2% · Profit -144.4% · Operating margin change -3.2 points · 95% evidenceCapital efficiency 8.2/25 · ROCE 4.2% · Operating margin 2.8% · 76% evidenceValuation 10.2/20 · P/E 17.4× · PEG — · 15% evidenceRelative strength 11.8/20 · Lead over its industry 1.4% · Lead over S&P 500 1.8% · 1 year 28.5% · 100% evidence · 6 of 12 weeks aheadExact sum: 10.8 + 8.2 + 10.2 + 11.8 = 41 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Algoma Steel Group Inc.ASTL · breaking out · Evidence leans down · 64% evidence40.1out of 100
How the score adds up
Growth & earnings 7.9/35 · Revenue -32.8% · Profit — · Operating margin change -35.4 points · 62% evidenceCapital efficiency 3.2/25 · ROCE -50.6% · Operating margin -51.4% · 76% evidenceValuation 11.5/20 · P/E -50.6× · PEG — · 15% evidenceRelative strength 17.5/20 · Lead over its industry 12.3% · Lead over S&P 500 12.9% · 1 year 36.5% · 100% evidence · 5 of 12 weeks aheadExact sum: 7.9 + 3.2 + 11.5 + 17.5 = 40.1 · What this means: Relative strength against the index is 12.9%, and revenue and profit growth are weak. - 10ArcelorMittal S.A. this pageMT · quiet · Evidence leans down · 71% evidence38.7out of 100
How the score adds up
Growth & earnings 15.2/35 · Revenue 3.6% · Profit -27.4% · Operating margin change 5.8 points · 83% evidenceCapital efficiency 9.2/25 · ROCE 2.2% · Operating margin 6.3% · 76% evidenceValuation 9.5/20 · P/E 25.3× · PEG — · 15% evidenceRelative strength 4.8/20 · Lead over its industry -1.7% · Lead over S&P 500 -1.6% · 1 year 59.6% · 100% evidence · 5 of 12 weeks aheadExact sum: 15.2 + 9.2 + 9.5 + 4.8 = 38.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Metallus Inc.MTUS · quiet · Evidence leans down · 74% evidence38.3out of 100
- 12Mesabi TrustMSB · basing · Most evidence points down · 75% evidence31.8out of 100
- 13Luda Technology Group LimitedLUD · Too little evidence to rank firmly · 22% evidence40.1out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Steel, all 13 compared on one page.
Which companies are close to ArcelorMittal S.A. in size?
ArcelorMittal S.A. is the 2nd largest of 16 Steel companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Nucor Corporation. Just below it: Steel Dynamics, Inc., Reliance, Inc., POSCO Holdings Inc., Ternium S.A. and Gerdau S.A.
Steel companies close in size
- Nucor Corporation $60.8 billion
- ArcelorMittal S.A. $46.7 billion
- Steel Dynamics, Inc. $34.1 billion
- Reliance, Inc. $22.5 billion
- POSCO Holdings Inc. $15.5 billion
- Ternium S.A. $10.1 billion
- Gerdau S.A. $8.4 billion
All 16 Steel companies, largest first
Companies close in size in other industries
- Nokia Oyj $46.9 billion · Communication Equipment
- Franco-Nevada Corporation $46.8 billion · Gold
- ArcelorMittal S.A. $46.7 billion
- Waters Corporation $45.9 billion · Diagnostics & Research
- Ameriprise Financial, Inc. $45.8 billion · Asset Management
What else do people ask about ArcelorMittal S.A.?
What were ArcelorMittal S.A.'s latest quarterly results?
ArcelorMittal S.A. reported revenue of $16.8 B and net profit of $683 M for the Jun 2026 quarter. Revenue rose 5.2% and profit fell 61.9% compared with a year earlier. Earnings per share were $0.90.
The operating margin was 6.3%, 5.8 percentage points higher than a year earlier (as of 4 November 2026).
What is ArcelorMittal S.A.'s market cap?
ArcelorMittal S.A.'s market capitalisation is $46.7 B at a stock price of $62.51. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is ArcelorMittal S.A. performing?
ArcelorMittal S.A.'s share price has been moving sideways for 3 weeks. In its latest quarter, revenue rose 5.2% and profit fell 61.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 6 weeks running (as of 4 November 2026).
Will ArcelorMittal S.A.'s stock price go up?
This page does not forecast ArcelorMittal S.A.'s stock price. What it shows instead: the stock price is $62.51, and it has been moving sideways for 3 weeks. Its P/E of 26.8× is higher than 82% of its own last 4 years (as of 4 November 2026).
Is ArcelorMittal S.A.'s profit real cash?
Yes, over the last 3 years, 320% of ArcelorMittal S.A.'s reported profit came in as cash from operations. The latest year was lower at 153%, so the trend is worth watching. In FY25, operating cash was $4.8 B against reported profit of $3.2 B.
Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).
Where is ArcelorMittal S.A. in its business cycle?
ArcelorMittal S.A.'s FY25 operating margin was 2.7%, against a 5-year range of 2.7% to 21.7%: the low end of its own range, which is often where recoveries start. The latest quarter was 6.3%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the ArcelorMittal S.A. story?
The main question: yearly earnings per share moved +143.2% while the share price moved +59.6%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is ArcelorMittal S.A. a stock worth studying right now?
What the numbers show: ArcelorMittal S.A.'s earnings have grown faster than its share price. Earnings per share grew +143.2% in a year while the price moved +59.6%. The main open question: whether the price catches up with earnings that have already grown.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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