ArcelorMittal stock: fundamental analysis

Stocks · MTS · Basic Materials

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.

Data as of September 18, 2026 · Yahoo Finance

Quick read

Business quality

ROE of 3.3%: a low return on shareholders' money. Out of every 100 in sales, 2.9 end up as profit.

Financial health

Net debt/EBITDA of 1.8x: it could repay its debt with less than two years of operating profit. Comfortable leverage.

Growth

Revenue is growing 5.2% year on year: modest growth. Earnings are down 61.7%.

Valuation

It trades at a P/E of 30.6. On expected earnings the P/E falls to 11.8: the market expects profits to rise.

Dividend

Dividend yield of 0.8% (0.52 EUR per share per year) with a payout ratio of 24.2%.

Tools

All metrics

ArcelorMittalSector median
Business quality
ROE3.3%
ROA1.6%
Gross margin9.0%
Operating margin6.3%
Net margin2.9%
Financial health
Net debt/EBITDA1.8x
Debt/equity0.3x
Current ratio1.4x
Growth
Revenue growth5.2%
Earnings growth-61.7%
Valuation
P/E ratio30.6x
Forward P/E11.8x
EV/EBITDA11.2x
Price/book1.0x
FCF yield
Dividend
Dividend yield0.8%
Payout ratio24.2%
Beta (volatility)1.8x

Frequently asked questions

What is ArcelorMittal's P/E ratio?

ArcelorMittal's P/E is 30.6 based on trailing 12-month earnings and 11.8 on expected earnings. Data as of September 18, 2026.

What dividend does ArcelorMittal pay?

Dividend yield of 0.8% (0.52 EUR per share per year) with a payout ratio of 24.2%.

Is ArcelorMittal stock expensive?

It trades at a P/E of 30.6. On expected earnings the P/E falls to 11.8: the market expects profits to rise. This is an educational reading based on ratios, not a buy or sell recommendation.

Does ArcelorMittal have a lot of debt?

Net debt/EBITDA of 1.8x: it could repay its debt with less than two years of operating profit. Comfortable leverage.

What is ArcelorMittal's market cap?

ArcelorMittal has a market cap of 47.5B EUR and its shares trade at 63.10 EUR, with a 52-week range of 29.80 EUR to 68.52 EUR (data as of September 18, 2026).

Other companies in the sector

Trailing 12-month metrics. Educational content, not investment advice.