Business description: ArcelorMittal

ArcelorMittal is No. 1 worldwide for steelmaking. Net sales break down by activity as follows:

- sale of carbon flat steel (55.5%): spools of hot and cold rolled laminated steel, coated sheets, etc.;

- sale of carbon long steel (20.3%): I-beams, concrete rounds, merchant steels, machine wire, saw wire, steel pilings, mass transit rails, special profiles, and wire drawing products;

- sale of tubular products (3.1%);

- sale of iron ore and coal (2.5%);

- other (18.6%): primarily steel processing, distribution and trading.

The group's products are primarily intended for the following sectors: automotive, household appliances, packaging and construction.

Net sales are distributed geographically as follows: Germany (9.3%), Poland (7.2%), France (6.7%), Spain (6.1%), Europe (23.3%), United States (15%), Americas (23.6%), and Asia and Africa (8.8%).

Number of employees: 125,554

Sales by Activity: ArcelorMittal

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Europe

43.33B 47.26B 38.3B 29.95B 28.79B

North America

12.53B 13.77B 12.98B 11.9B 12.34B

Brazil

12.86B 13.73B 13.16B 12.4B 11.17B

Africa and Commonwealth of Independent States (ACIS)

9.85B 6.37B 5.42B - -

Sustainable Solutions

- - - 10.72B 10.5B

Elimination

-6.08B -4.72B -4.71B -9.17B -8.42B

Others

34M 32M 38M 3.97B 3.74B

Mining

4.04B 3.4B 3.08B 2.66B 3.23B

Geographical breakdown of sales: ArcelorMittal

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

7.3B 8.84B 8.89B 8.44B 9.18B

Brazil

8.2B 8.72B 8.24B 7.56B 7.12B

Germany

6.54B 7.76B 6.55B 5.76B 5.7B

Poland

5.3B 5.93B 4.47B 4.44B 4.41B

Other Europe

4.84B 6.1B 4.62B 4.33B 4.25B

France

4.87B 5.7B 4.61B 4.19B 4.05B

Spain

4.19B 4.74B 3.98B 3.75B 3.72B

Canada

4.28B 4.19B 3.48B 3.41B 3.16B

Italy

5.43B 4.02B 2.61B 2.81B 2.66B

Mexico

2.36B 2.88B 3.29B 2.79B 2.31B

United Kingdom

1.52B 1.59B 1.34B 1.46B 1.57B

South Africa

2.45B 2.26B 1.86B 1.75B 1.57B

Belgium

1.85B 2.11B 2.06B 1.68B 1.47B

Netherlands

1.62B 1.77B 1.44B 1.27B 1.22B

China

943M 765M 764M 762M 1.17B

Czech Republic

1.36B 1.43B 1.18B 1.19B 1.15B

Other Americas

1.83B 1.54B 1.11B 1B 964M

Turkey

1.51B 1.23B 1.12B 929M 957M

Morocco

689M 806M 745M 808M 955M

Argentina

1.44B 1.91B 1.23B 1.1B 897M

Rest of Asia

2.25B 1.68B 1.34B 1B 745M

Ukraine

948M 464M 508M 557M 572M

Romania

443M 461M 386M 403M 483M

India

142M 131M 102M 128M 435M

Rest of Africa

1.07B 499M 524M 572M 370M

South Korea

608M 383M 410M 337M 261M

Egypt

85M 120M - - -

Russia

1.58B 996M 901M - -

Luxembourg

185M 206M - - -

Kazakhstan

747M 625M 503M - -

Executive Committee: ArcelorMittal

Manager TitleAgeSince
Chief Executive Officer 49 11/02/2021
Director of Finance/CFO 54 11/02/2021
Director of Finance/CFO 59 26/07/2010
Compliance Officer - -
Chief Tech/Sci/R&D Officer - 01/01/2019

Composition of the Board of Directors: ArcelorMittal

Director TitleAgeSince
Director/Board Member 72 08/05/2014
Chairman 74 01/05/2008
Director/Board Member 45 01/12/2004
Director/Board Member 49 13/06/2020
Director/Board Member 62 01/05/2015
Director/Board Member 72 04/05/2016
Director/Board Member 55 13/06/2020
Director/Board Member - 08/06/2021
Director/Board Member 70 02/05/2023
Director/Board Member 47 -

Shareholders: ArcelorMittal

NameEquities%Valuation
43.89 %
340,152,563 43.89 % 19 648 M €
1.774 %
13,747,638 1.774 % 794 M €
Magallanes Value Investors SA SGIIC
0.4474 %
3,467,551 0.4474 % 200 M €
Bestinver Gestión SA SGIIC
0.4042 %
3,132,464 0.4042 % 181 M €
Sparinvest SA (Denmark)
0.2766 %
2,143,865 0.2766 % 124 M €
NameEquities%Valuation
DFA Australia Ltd.
0.407 %
3,154,081 0.407 % 180 M €
Eaton Vance Management
0.259 %
2,007,524 0.259 % 115 M €
Fidelity Management & Research Co. LLC
0.201 %
1,557,559 0.201 % 89 M €
Maple Rock Capital Partners, Inc.
0.1825 %
1,414,265 0.1825 % 81 M €
Goldman Sachs Asset Management LP
0.1707 %
1,322,923 0.1707 % 76 M €
NameEquities%Valuation
Morgan Stanley Administradora de Carteiras SA
0.000031 %
480 0.000031 % 13 636 €

Holdings: ArcelorMittal

NameEquities%Valuation
65,243,206 27.84% 1 963 M $
13,747,638 1.77% 794 M $
3,671,573,742 95.13% 367 M $
1,377,491,891 37% 225 M $
1,066,100 19.74% 71 M $
771,489,400 67.79% 61 M $

Company details: ArcelorMittal

ArcelorMittal SA

24-26, Boulevard d'Avranches

1160, Luxembourg

+352 47 921

https://luxembourg.arcelormittal.com
address ArcelorMittal(MT)

Group companies: ArcelorMittal

NameCategory and Sector
Engineering & Construction

Other Steel

Change 5d. change 1-year change 3-years change Capi.($)
+4.96%-2.00%+94.79%+116.67% 47.62B
+1.78%-2.87%+96.23%+62.74% 51.39B
+2.21%-3.70%+68.64%+135.22% 32.92B
+1.18%-5.27%+29.64%+99.62% 26.76B
-5.33%-12.85%+73.03%+14.40% 20.96B
+3.85%-3.28%+79.46%+783.24% 20.97B
+1.26%-1.55%-4.72%-4.43% 17.79B
+0.84%-5.54%+25.87%+397.84% 9.63B
+4.10%+4.40%+48.09%+26.06% 9.39B
+4.69%-5.28%+390.76%+264.55% 9.38B
Average +1.92%-4.12%+90.18%+189.59% 24.68B
Weighted average by Cap. +2.07%-4.26%+81.00%+158.43%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
62.57USD
Average target price
65.53USD
Spread / Average Target
+4.73%

Quarterly revenue - Rate of surprise

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