ArcelorMittal (MT) Capital Expenditures (2009 - 2026)
ArcelorMittal's (MT) quarterly Capital Expenditures came in at -$1.1 billion in Q2 2026, down 24.38% on a YoY basis from -$1.5 billion in Q2 2025, and up 13.3% quarter-over-quarter from -$1.3 billion in Q1 2026.
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Analysis
ArcelorMittal (MT) Capital Expenditures (2009 - 2026) Analysis & Trends
ArcelorMittal (MT) has reported Capital Expenditures for 18 consecutive years, with -$1.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures fell 24.38% year-over-year to -$1.1 billion; the trailing twelve-month figure through Jun 2026 stood at -$4.9 billion (down 20.31% YoY), and the FY2025 full-year result was -$4.3 billion, up 1.54% from the prior year.
- Capital Expenditures rose to -$1.1 billion in Q2 2026 per MT's latest filing, from -$1.3 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at -$529.0 million in Q1 2022 and bottomed at -$1.5 billion in Q4 2022.
- Historically, Capital Expenditures has averaged -$1.1 billion across 5 years, with a median of -$1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures soared 57.92% in 2022, then tumbled 77.32% in 2023.
- Over 5 years, Capital Expenditures stood at -$1.5 billion in 2022, then grew by 3.33% to -$1.5 billion in 2023, then advanced by 21.86% to -$1.1 billion in 2024, then dropped by 10.06% to -$1.2 billion in 2025, then advanced by 11.63% to -$1.1 billion in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$1.1 billion, -$1.3 billion, and -$1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 422.80 Mn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 719.00 Mn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -431.28 Mn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 1.10 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | -1.19 Bn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 571.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -1.10 Bn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.10 Bn |
| Mar 31, 2026 | -1.27 Bn |
| Dec 31, 2025 | -1.25 Bn |
| Sep 30, 2025 | -1.24 Bn |
| Jun 30, 2025 | -886.00 Mn |
| Mar 31, 2025 | -967.00 Mn |
| Dec 31, 2024 | -1.13 Bn |
| Sep 30, 2024 | -1.05 Bn |
| Jun 30, 2024 | -985.00 Mn |
| Mar 31, 2024 | -1.24 Bn |
| Dec 31, 2023 | -1.45 Bn |
| Sep 30, 2023 | -1.17 Bn |
| Jun 30, 2023 | -1.06 Bn |
| Mar 31, 2023 | -938.00 Mn |
| Dec 31, 2022 | -1.50 Bn |
| Sep 30, 2022 | -784.00 Mn |
| Jun 30, 2022 | -655.00 Mn |
| Mar 31, 2022 | -529.00 Mn |
| Dec 31, 2021 | -1.15 Bn |
| Sep 30, 2021 | -675.00 Mn |
API Access
ArcelorMittal Capital Expenditures 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=capital-expenditures&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();