ArcelorMittal (MT) Asset Writedowns and Impairment (2009 - 2020)

ArcelorMittal (MT) reported Asset Writedowns and Impairment of $331.0 million for Q4 2020, up 139.88% on a YoY basis from $138.0 million in Q1 2020, and up 79.89% quarter-over-quarter from $184.0 million in Q2 2020.

ArcelorMittal (MT) Asset Writedowns and Impairment (2009 - 2020) Analysis & Trends

ArcelorMittal has reported Asset Writedowns and Impairment for 12 years, with the latest figure at $331.0 million in Q4 2020.

  • For the quarter ending Q4 2020, Asset Writedowns and Impairment rose 139.88% year-over-year to $331.0 million; the trailing twelve-month figure through Dec 2020 stood at $331.0 million (up 109.4% YoY), and the FY2025 full-year result was $204.0 million, up 75.86% from the prior year.
  • Asset Writedowns and Impairment for Q4 2020 stood at $331.0 million, up from $184.0 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $1.6 billion in Q4 2018, with the low at -$1.6 billion in Q3 2019.
  • Historically, Asset Writedowns and Impairment has averaged -$156.2 million across 5 years, with a median of -$92.0 million in 2020.
  • Annual changes were most pronounced in 2018 — Asset Writedowns and Impairment soared 1093.12% — and 2019, when it slumped 650.58%.
  • ArcelorMittal's Asset Writedowns and Impairment stood at -$156.0 million in 2016, then dropped by 2.56% to -$160.0 million in 2017, then soared by 1093.12% to $1.6 billion in 2018, then tumbled by 152.23% to -$830.0 million in 2019, then surged by 139.88% to $331.0 million in 2020.
  • The last three Asset Writedowns and Impairment figures came in at $331.0 million (Q4 2020), $184.0 million (Q2 2020), and -$92.0 million (Q1 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn

Historic Data

Download Data
DateValue
Dec 31, 2020 331.00 Mn
Dec 31, 2020 331.00 Mn
Jun 30, 2020 184.00 Mn
Jun 30, 2020 184.00 Mn
Mar 31, 2020 -92.00 Mn
Mar 31, 2020 -92.00 Mn
Dec 31, 2019 -830.00 Mn
Dec 31, 2019 -830.00 Mn
Sep 30, 2019 -1.59 Bn
Sep 30, 2019 -1.59 Bn
Jun 30, 2019 -947.00 Mn
Jun 30, 2019 -947.00 Mn
Mar 31, 2019 -150.00 Mn
Mar 31, 2019 -150.00 Mn
Dec 31, 2018 1.59 Bn
Dec 31, 2018 1.59 Bn
Sep 30, 2018 -509.00 Mn
Sep 30, 2018 -509.00 Mn
Jun 30, 2018 172.00 Mn
Jun 30, 2018 172.00 Mn