ArcelorMittal Past Earnings Performance
Past criteria checks 1/6
ArcelorMittal has been growing earnings at an average annual rate of 28.5%, while the Metals and Mining industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 2% per year. ArcelorMittal's return on equity is 1.8%, and it has net margins of 1.3%.
Key information
28.5%
Earnings growth rate
30.7%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 2.0% |
| Return on equity | 1.8% |
| Net Margin | 1.3% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How ArcelorMittal makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 68,275 | 919 | 2,337 | 299 |
| 30 Sep 23 | 70,614 | 4,146 | 2,021 | 286 |
| 30 Jun 23 | 72,973 | 4,210 | 2,078 | 283 |
| 31 Mar 23 | 76,509 | 6,273 | 2,021 | 286 |
| 31 Dec 22 | 79,844 | 9,302 | 2,021 | 286 |
| 30 Sep 22 | 83,759 | 13,086 | 3,121 | 424 |
| 30 Jun 22 | 85,013 | 16,714 | 2,246 | 238 |
| 31 Mar 22 | 82,214 | 16,796 | 2,152 | 270 |
| 31 Dec 21 | 76,571 | 14,956 | 2,152 | 270 |
| 30 Sep 21 | 69,949 | 12,118 | 2,102 | 245 |
| 30 Jun 21 | 62,986 | 7,236 | 2,154 | 287 |
| 31 Mar 21 | 54,619 | 2,672 | 2,102 | 245 |
| 31 Dec 20 | 53,270 | -733 | 2,102 | 245 |
| 30 Sep 20 | 54,600 | -3,822 | 2,459 | 301 |
| 30 Jun 20 | 57,968 | -4,100 | 2,263 | 272 |
| 31 Mar 20 | 66,271 | -3,988 | 2,459 | 301 |
| 31 Dec 19 | 70,615 | -2,454 | 2,459 | 301 |
| 30 Sep 19 | 73,428 | 621 | 2,528 | 290 |
| 30 Jun 19 | 75,316 | 2,059 | 2,386 | 299 |
| 31 Mar 19 | 76,035 | 4,371 | 2,528 | 290 |
| 31 Dec 18 | 76,033 | 5,149 | 2,528 | 290 |
| 30 Sep 18 | 75,416 | 4,995 | 2,444 | 278 |
| 30 Jun 18 | 74,533 | 5,301 | 2,588 | 314 |
| 31 Mar 18 | 71,779 | 4,758 | 2,444 | 278 |
| 31 Dec 17 | 68,679 | 4,568 | 2,444 | 278 |
| 30 Sep 17 | 65,095 | 3,932 | 2,398 | 239 |
| 30 Jun 17 | 61,979 | 3,407 | 2,437 | 262 |
| 31 Mar 17 | 59,478 | 3,197 | 2,398 | 239 |
| 31 Dec 16 | 56,791 | 1,779 | 2,398 | 239 |
| 30 Sep 16 | 56,646 | -5,310 | 2,713 | 227 |
| 30 Jun 16 | 57,712 | -6,701 | 2,385 | 332 |
| 31 Mar 16 | 59,859 | -7,634 | 2,713 | 227 |
| 31 Dec 15 | 63,578 | -7,946 | 2,715 | 227 |
| 30 Sep 15 | 68,320 | -2,229 | 3,294 | 259 |
| 30 Jun 15 | 72,798 | -1,496 | 3,281 | 109 |
| 31 Mar 15 | 76,612 | -1,623 | 3,294 | 259 |
| 31 Dec 14 | 79,282 | -1,100 | 3,294 | 259 |
| 30 Sep 14 | 80,407 | -1,415 | 3,228 | 270 |
| 30 Jun 14 | 79,983 | -1,630 | 3,181 | 301 |
| 31 Mar 14 | 79,476 | -2,462 | 3,228 | 270 |
| 31 Dec 13 | 79,440 | -2,602 | 3,300 | 270 |
| 30 Sep 13 | 78,901 | -4,946 | 3,511 | 285 |
| 30 Jun 13 | 78,981 | -5,600 | 3,352 | 286 |
Quality Earnings: ARRD has a large one-off loss of $2.4B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ARRD's current net profit margins (1.3%) are lower than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARRD's earnings have grown significantly by 28.5% per year over the past 5 years.
Accelerating Growth: ARRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARRD had negative earnings growth (-90.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (-34.7%).
Return on Equity
High ROE: ARRD's Return on Equity (1.8%) is considered low.