ArcelorMittal (MT) Asset Utilization Ratio (2009 - 2026)
ArcelorMittal's (MT) Asset Utilization Ratio stood at 0.64 in Q2 2026, down 0.1% from 0.64 a year earlier but up 0.6% from the prior quarter.
Analysis
ArcelorMittal (MT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, ArcelorMittal's Asset Utilization Ratio came in at 0.66, down 3.7% from FY2024.
- Annual Asset Utilization Ratio has declined for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.68 in FY2024 (-6.0%), 0.72 in FY2023 (-16.0%), 0.86 in FY2022 (+0.6%) and 0.86 in FY2021 (+36.8%).
- Quarterly Asset Utilization Ratio has ranged from 0.62 in Q3 2025 to 0.89 in Q3 2022 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has declined for 14 consecutive quarters, with an average decline of 6.6% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 32.7% in Q1 2022, against a decline of 16.1% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.63 (Q1 2026), 0.62 (Q4 2025) and 0.62 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 147.98 Bn | 2.90 Bn | 0.69 |
| 3 | Rio Tinto | 142.83 Bn | 103.33 Bn | - | - |
| 4 | Newmont | 124.98 Bn | 92.98 Bn | 4.03 Bn | 0.45 |
| 5 | Freeport-Mcmoran | 99.28 Bn | 83.32 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 93.88 Bn | 83.51 Bn | 2.43 Bn | 0.40 |
| 7 | Barrick Mining | 69.20 Bn | 44.40 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 58.94 Bn | 48.32 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 48.21 Bn | 27.23 Bn | - | 0.64 |
| 10 | AngloGold Ashanti | 46.53 Bn | 34.42 Bn | 1.70 Bn | 0.76 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.64 |
| Mar 31, 2026 | 0.63 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.62 |
| Jun 30, 2025 | 0.64 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.71 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.75 |
| Jun 30, 2023 | 0.77 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.86 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | 0.87 |
| Mar 31, 2022 | 0.87 |
| Dec 31, 2021 | 0.86 |
| Sep 30, 2021 | 0.81 |
API Access
ArcelorMittal Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();