ArcelorMittal S.A.

NYSE:MT Stock Report

Market Cap: US$18.6b

ArcelorMittal Future Growth

Future criteria checks 3/6

ArcelorMittal is forecast to grow earnings and revenue by 70.6% and 1.6% per annum respectively. EPS is expected to grow by 70.9% per annum. Return on equity is forecast to be 6.2% in 3 years.

Key information

70.6%

Earnings growth rate

70.9%

EPS growth rate

Metals and Mining earnings growth19.3%
Revenue growth rate1.6%
Future return on equity6.2%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

No updates

Recent updates

ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound

Nov 24

ArcelorMittal: Likely Past The Cyclical Low

Sep 04

ArcelorMittal: Further Upside In Steel, Investing More

Aug 20

ArcelorMittal: Market Is Completely Ignoring The Upside

Jun 01

ArcelorMittal: An Even Better Entry Point In Cyclical Steel

Mar 12

ArcelorMittal Has Become An Attractive Value Stock

Dec 13

ArcelorMittal's Intrinsic Value: A Value Investor's Delight

Oct 05

ArcelorMittal: A Solid Steel Play, That Simple

Sep 21

ArcelorMittal S.A.: Attractive Price Point To Get In At Right Now

Jul 14

Global Infrastructure Theme Is Manifested By ArcelorMittal

Jun 13

ArcelorMittal S.A. Q4 2022 Earnings Preview

Feb 08

ArcelorMittal Should Rebound Post Destocking Cycle Peak

Jan 16

Earnings and Revenue Growth Forecasts

NYSE:MT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202664,7183,7781,4795,96411
12/31/202563,0693,0126295,33213
12/31/202462,5542,2374805,03813
9/30/202462,279-1,2379905,712N/A
6/30/202463,699-5957465,582N/A
3/31/202466,0567611,6856,596N/A
12/31/202368,2759193,0327,645N/A
9/30/202370,6144,1463,2887,951N/A
6/30/202372,9734,2104,3698,651N/A
3/31/202376,5096,2735,2419,118N/A
12/31/202279,8449,3026,73510,203N/A
9/30/202283,75913,0867,61010,723N/A
6/30/202285,01316,7148,18011,184N/A
3/31/202282,21416,7968,02410,942N/A
12/31/202176,57114,9566,8979,905N/A
9/30/202169,94912,1184,6367,167N/A
6/30/202162,9867,2364,1196,495N/A
3/31/202154,6192,6722,2774,485N/A
12/31/202053,270-7331,6434,082N/A
9/30/202054,600-3,8223,0125,598N/A
6/30/202057,968-4,1001,1494,156N/A
3/31/202066,271-3,9882,1655,640N/A
12/31/201970,615-2,4542,4456,017N/A
9/30/201973,4286211,3425,255N/A
6/30/201975,3162,0591,8085,561N/A
3/31/201976,0354,3711,5075,007N/A
12/31/201876,0335,1498914,196N/A
9/30/201875,4164,9951,7264,911N/A
6/30/201874,5335,301N/A5,040N/A
3/31/201871,7794,758N/A5,022N/A
12/31/201768,6794,568N/A4,563N/A
9/30/201765,0953,932N/A3,331N/A
6/30/201761,9793,407N/A3,444N/A
3/31/201759,4783,197N/A3,099N/A
12/31/201656,7911,779N/A2,708N/A
9/30/201656,646-5,310N/A2,629N/A
6/30/201657,712-6,701N/A2,226N/A
3/31/201659,859-7,634N/A2,376N/A
12/31/201563,578-7,946N/A2,151N/A
9/30/201568,320-2,229N/A2,869N/A
6/30/201572,798-1,496N/A2,897N/A
3/31/201576,612-1,623N/A3,426N/A
12/31/201479,282-1,100N/A3,870N/A
9/30/201480,407-1,415N/A4,265N/A
6/30/201479,983-1,630N/A3,316N/A
3/31/201479,476-2,462N/A4,127N/A
12/31/201379,440-2,602N/A4,296N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: MT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MT is expected to become profitable in the next 3 years.

Revenue vs Market: MT's revenue (1.6% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: MT's revenue (1.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MT's Return on Equity is forecast to be low in 3 years time (6.2%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 12:23
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ArcelorMittal S.A. is covered by 62 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert Jan VosABN AMRO Bank N.V.
César Sánchez-Grande BergonAhorro Corporación
Pierre-Yves GauthierAlphaValue