ArcelorMittal (MT) Capital Expenditures (2009 - 2026)
ArcelorMittal (MT) posted quarterly Capital Expenditures of -$1.1 billion for Q2 2026, down 24.38% year-over-year from -$1.5 billion in Q2 2025, and up 13.3% on a QoQ basis from -$1.3 billion in Q1 2026.
ArcelorMittal (MT) Capital Expenditures (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Capital Expenditures for 18 years, with the latest figure at -$1.1 billion in Q2 2026.
- Capital Expenditures for Q2 2026 came in at -$1.1 billion, down 24.38% year-over-year; the trailing twelve-month figure through Jun 2026 was -$4.9 billion (down 20.31% YoY), and the FY2025 annual result was $4.3 billion, down 1.54% from the prior year.
- Capital Expenditures rose to -$1.1 billion in Q2 2026, from -$1.3 billion in the prior quarter.
- Over five years, Capital Expenditures peaked at -$529.0 million in Q1 2022 and troughed at -$1.5 billion in Q4 2022.
- A 5-year average of -$1.1 billion and a median of -$1.1 billion in 2023 frame the typical range for Capital Expenditures.
- The widest annual swing landed in 2022, when Capital Expenditures surged 57.92%; it then sank 77.32% in 2023.
- A 5-year view of Capital Expenditures shows it stood at -$1.5 billion in 2022, then advanced by 3.33% to -$1.5 billion in 2023, then rose by 21.86% to -$1.1 billion in 2024, then decreased by 10.06% to -$1.2 billion in 2025, then rose by 11.63% to -$1.1 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were -$1.1 billion in Q2 2026, -$1.3 billion in Q1 2026, and -$1.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -431.28 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 571.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -1.10 Bn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 123.84 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 93.40 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | 4.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -210.27 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -4.28 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 37.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.10 Bn |
| Jun 30, 2026 | -1.10 Bn |
| Mar 31, 2026 | -1.27 Bn |
| Mar 31, 2026 | -1.27 Bn |
| Dec 31, 2025 | -1.25 Bn |
| Dec 31, 2025 | -1.25 Bn |
| Sep 30, 2025 | -1.24 Bn |
| Sep 30, 2025 | -1.24 Bn |
| Jun 30, 2025 | -886.00 Mn |
| Jun 30, 2025 | -886.00 Mn |
| Mar 31, 2025 | -967.00 Mn |
| Mar 31, 2025 | -967.00 Mn |
| Dec 31, 2024 | -1.13 Bn |
| Dec 31, 2024 | -1.13 Bn |
| Sep 30, 2024 | -1.05 Bn |
| Sep 30, 2024 | -1.05 Bn |
| Jun 30, 2024 | -985.00 Mn |
| Jun 30, 2024 | -985.00 Mn |
| Mar 31, 2024 | -1.24 Bn |
| Mar 31, 2024 | -1.24 Bn |