Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
Luxembourg
In shortArcelormittal is profitable, generates cash and carries moderate debt, with revenue shrinking (−8.5% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.3% | 34/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.1% | 29/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 2.6% | 13/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.3% | 29/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.35× | 46/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.23× | 98/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.87× | 89/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 3.88 | 71/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.8% | 51/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.62× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 26.5% | 13/100 |
| Operating margin volatility | 8.0% | 36/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -6.6% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -50.0% | 0/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 53,270 | 76,571 | 79,844 | 68,275 | 62,441 |
| Cost of revenue | 49,138 | 57,337 | 67,309 | 63,538 | 56,653 |
| Gross profit | 4,132 | 19,234 | 12,535 | 4,737 | 5,788 |
| Selling, general & admin | 2,022 | 2,258 | 2,263 | 2,397 | 2,478 |
| Operating income | 2,110 | 16,976 | 10,272 | 2,340 | 3,310 |
| Pre-tax income | 1,088 | 18,025 | 11,255 | 1,260 | 2,915 |
| Income tax | 1,666 | 2,460 | 1,717 | 238 | 1,535 |
| Net income | (733) | 14,956 | 9,302 | 919 | 1,339 |
| Diluted EPS | −$0.64 | $13.49 | $10.18 | $1.09 | $1.69 |
| Diluted shares (millions) | 1,140 | 1,108 | 914 | 845 | 791 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
3.88 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2024 · Data updated Dec 31, 2024