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ArcelorMittal (MT)

(Delayed Data from NYSE)

$25.37 USD

25.37
995,586

+0.15 (0.59%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $25.37 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 29% (178 out of 252)

Industry: Steel - Producers

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Balance Sheet

Research for MT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for ArcelorMittal falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 7,783 9,414 4,371 5,963 4,995
Receivables 3,661 3,839 5,143 3,072 3,569
Notes Receivable 0 0 0 0 0
Inventories 18,759 20,087 19,858 12,328 17,296
Other Current Assets 3,037 3,778 5,567 6,610 2,756
Total Current Assets 33,240 37,118 34,939 27,973 28,616
Net Property & Equipment 33,656 30,167 30,075 30,622 36,231
Investments & Advances 10,591 11,884 11,465 9,797 7,301
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 9,469 8,554 8,147 7,866 8,680
Intangibles 5,102 4,903 4,425 4,312 5,432
Deposits & Other Assets 1,859 1,921 1,461 1,482 1,648
Total Assets 93,917 94,547 90,512 82,052 87,908
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 13,605 13,532 15,093 11,525 12,614
Current Portion Long-Term Debt 2,312 2,583 1,913 2,507 2,869
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 4,967 4,864 4,831 4,197 4,910
Income Taxes Payable 297 318 1,266 464 378
Other Current Liabilities 588 1,101 1,064 3,974 516
Total Current Liabilities 21,769 22,398 24,167 22,667 21,287
Mortgages 0 0 0 0 0
Deferred Taxes/Income 5,173 5,272 6,141 6,488 9,674
Convertible Debt 0 0 0 0 0
Long-Term Debt 8,369 9,067 6,488 9,815 11,471
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,538 2,220 2,372 2,845 4,993
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 37,849 38,957 39,168 41,815 47,425
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 303 312 350 393 364
Capital Surplus 27,185 28,651 31,803 35,247 34,826
Retained Earnings 27,322 25,575 18,630 2,338 3,933
Other Equity 2,107 2,947 2,747 2,797 1,962
Treasury Stock 849 1,895 2,186 538 602
Total Shareholder's Equity 56,068 55,590 51,344 40,237 40,483
Total Liabilities & Shareholder's Equity 93,917 94,547 90,512 82,052 87,908
Total Common Equity 56,068 55,590 51,344 40,237 40,483
Shares Outstanding 805.30 805.30 937.80 1,012.00 1,012.00
Book Value Per Share 69.62 69.03 54.75 39.76 40.00

Fiscal Year End for ArcelorMittal falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 7,783 6,289 5,943 6,290
Receivables NA 3,661 4,479 4,774 4,989
Notes Receivable NA 0 0 0 0
Inventories NA 18,759 18,852 20,036 19,820
Other Current Assets NA 3,037 3,505 3,636 4,655
Total Current Assets NA 33,240 33,125 34,389 35,754
Net Property & Equipment NA 33,656 33,494 33,682 32,900
Investments & Advances NA 10,591 11,171 11,142 10,904
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 9,469 8,884 8,901 8,571
Intangibles NA 5,102 4,885 5,074 5,023
Deposits & Other Assets NA 1,859 2,180 2,235 2,108
Total Assets NA 93,917 93,739 95,423 95,260
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 13,605 12,315 13,454 13,312
Current Portion Long-Term Debt NA 2,312 2,310 1,809 2,827
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 4,967 5,826 5,791 6,687
Income Taxes Payable NA 297 0 0 0
Other Current Liabilities NA 588 0 0 0
Total Current Liabilities NA 21,769 20,451 21,054 22,826
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 5,173 2,573 2,722 2,596
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 8,369 8,233 8,651 8,650
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 4,943 5,087 5,067
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 37,849 36,200 37,514 39,139
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 303 0 0 0
Capital Surplus NA 27,185 0 0 0
Retained Earnings NA 27,322 0 0 0
Other Equity NA 2,107 0 0 0
Treasury Stock NA 849 0 0 0
Total Shareholder's Equity NA 56,068 57,539 57,909 56,121
Total Liabilities & Shareholder's Equity NA 93,917 93,739 95,423 95,260
Total Common Equity 0 56,068 57,539 57,909 56,121
Shares Outstanding 805.30 805.30 805.30 805.30 805.30
Book Value Per Share 0.00 69.62 71.45 71.91 69.69