ArcelorMittal South Africa Past Earnings Performance

Past criteria checks 0/6

ArcelorMittal South Africa has been growing earnings at an average annual rate of 2.9%, while the Metals and Mining industry saw earnings growing at 22.7% annually. Revenues have been growing at an average rate of 4.3% per year.

Key information

2.9%

Earnings growth rate

3.1%

EPS growth rate

Metals and Mining Industry Growth	26.4%
Revenue growth rate	4.3%
Return on equity	-72.5%
Net Margin	-11.6%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How ArcelorMittal South Africa makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:ARCX.F Revenue, expenses and earnings (ZAR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	41,098	-4,775	3,804
31 Mar 24	41,368	-4,347	3,863
31 Dec 23	41,637	-3,920	3,922
30 Sep 23	40,639	-2,358	3,972
30 Jun 23	39,640	-797	4,022
31 Mar 23	40,206	919	3,922
31 Dec 22	40,771	2,634	3,822
30 Sep 22	42,030	5,039	3,789
30 Jun 22	43,288	7,444	3,755
31 Mar 22	41,498	7,035	3,778
31 Dec 21	39,708	6,625	3,800
30 Sep 21	35,467	4,605	3,731
30 Jun 21	31,225	2,584	3,661
31 Mar 21	27,934	306	3,561
31 Dec 20	24,643	-1,973	3,461
30 Sep 20	28,134	-4,118	3,787
30 Jun 20	31,624	-6,264	4,113
31 Mar 20	36,489	-5,434	4,451
31 Dec 19	41,353	-4,604	4,788
30 Jun 19	44,149	2,328	4,600
31 Mar 19	44,712	1,849	4,559
31 Dec 18	45,274	1,370	4,518
30 Sep 18	44,007	-1,568	4,438
30 Jun 18	42,739	-4,507	4,359
31 Mar 18	40,881	-4,817	4,262
31 Dec 17	39,022	-5,128	4,163
30 Sep 17	36,952	-5,803	4,648
30 Jun 17	34,882	-6,479	5,132
31 Mar 17	33,810	-5,592	5,089
31 Dec 16	32,737	-4,706	5,045
30 Sep 16	32,221	-6,840	4,620
30 Jun 16	31,704	-8,974	4,194
31 Mar 16	31,423	-8,804	4,111
31 Dec 15	31,141	-8,635	4,027
30 Sep 15	32,255	-4,444	3,872
30 Jun 15	33,368	-254	3,717
31 Mar 15	33,916	-535	3,813
31 Dec 14	34,852	-158	3,764
30 Sep 14	34,129	-2,341	3,661
30 Jun 14	34,458	-2,022	3,587
31 Mar 14	33,813	-1,550	3,470

Quality Earnings: ARCX.F is currently unprofitable.

Growing Profit Margin: ARCX.F is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ARCX.F is unprofitable, but has reduced losses over the past 5 years at a rate of 2.9% per year.

Accelerating Growth: Unable to compare ARCX.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARCX.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-29.4%).

Return on Equity

High ROE: ARCX.F has a negative Return on Equity (-72.49%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/05 06:19
End of Day Share Price	2024/11/13 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 South Africa Limited is covered by 13 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wade Napier	Avior Capital Markets
Caroline Learmonth	Barclays
Brian Morgan	BNP Paribas Securities (Asia)