ArcelorMittal (ARCXF) FCF Margin (2009 - 2026)

ArcelorMittal (ARCXF) reported FCF Margin of 0.06% for Q1 2026, up 233.0% on a YoY basis from 0.02% in Q1 2025, and down 100.29% quarter-over-quarter from 20.01% in Q4 2025.

ArcelorMittal (ARCXF) FCF Margin (2009 - 2026) Analysis & Trends

ArcelorMittal has reported FCF Margin for 18 years, with the latest figure at 0.06% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 233.0% year-over-year to 0.06%; the trailing twelve-month figure through Mar 2026 stood at 8.31% (up 77.0% YoY), and the FY2025 full-year result was 0.77%, up 5.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 0.06%, down from 20.01% in the prior quarter.
  • The five-year high for FCF Margin was 22.87% in Q4 2023, with the low at 2.39% in Q1 2025.
  • Historically, FCF Margin has averaged 9.59% across 5 years, with a median of 9.29% in 2024.
  • Annual changes were most pronounced in 2022 — FCF Margin surged 606 bps — and 2024, when it sank 610 bps.
  • ArcelorMittal's FCF Margin stood at 21.51% in 2022, then climbed by 6 bps to 22.87% in 2023, then fell by 27 bps to 16.77% in 2024, then gained by 19 bps to 20.01% in 2025, then tumbled by 100 bps to 0.06% in 2026.
  • The last three FCF Margin figures came in at 0.06% (Q1 2026), 20.01% (Q4 2025), and 4.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 15.84%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 2.37%
3 ArcelorMittal 51.15 Bn 48.81 Bn - -0.06%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.20%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 2.17%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -9.69%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -6.87%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -7.32%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 4.33%
10 ArcelorMittal - - - -0.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.06%
Dec 31, 2025 20.01%
Sep 30, 2025 4.80%
Jun 30, 2025 8.89%
Mar 31, 2025 -2.39%
Dec 31, 2024 16.77%
Sep 30, 2024 9.29%
Jun 30, 2024 6.60%
Mar 31, 2024 -0.61%
Dec 31, 2023 22.87%
Sep 30, 2023 7.71%
Jun 30, 2023 11.22%
Mar 31, 2023 5.13%
Dec 31, 2022 21.51%
Sep 30, 2022 10.44%
Jun 30, 2022 11.53%
Mar 31, 2022 9.31%
Dec 31, 2021 19.97%
Sep 30, 2021 4.38%
Jun 30, 2021 11.95%