ArcelorMittal (MT) Change in Inventory (2018 - 2026)
ArcelorMittal (MT) posted quarterly Change in Inventory of -$334.0 million for Q1 2026, down 333.57% year-over-year from $143.0 million in Q1 2025, and down 169.58% on a QoQ basis from $480.0 million in Q4 2025.
ArcelorMittal (MT) Change in Inventory (2018 - 2026) Analysis & Trends
ArcelorMittal has reported Change in Inventory for 9 years, with the latest figure at -$334.0 million in Q1 2026.
- Change in Inventory for Q1 2026 came in at -$334.0 million, down 333.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $343.0 million (down 40.66% YoY), and the FY2025 annual result was $820.0 million, up 244.54% from the prior year.
- Change in Inventory retreated to -$334.0 million in Q1 2026, from $480.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $1.7 billion in Q4 2022 and troughed at -$2.5 billion in Q2 2022.
- A 5-year average of $150.1 million and a median of $166.0 million in 2025 frame the typical range for Change in Inventory.
- The widest annual swing landed in 2025, when Change in Inventory soared 172.96%; it then plunged 333.57% in 2026.
- A 5-year view of Change in Inventory shows it stood at $1.7 billion in 2022, then sank by 80.1% to $333.0 million in 2023, then jumped by 90.09% to $633.0 million in 2024, then retreated by 24.17% to $480.0 million in 2025, then tumbled by 169.58% to -$334.0 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were -$334.0 million in Q1 2026, $480.0 million in Q4 2025, and $189.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 377.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 48.84 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 91.40 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -55.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -196.69 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 | - |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -18.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -334.00 Mn |
| Mar 31, 2026 | -334.00 Mn |
| Dec 31, 2025 | 480.00 Mn |
| Dec 31, 2025 | 480.00 Mn |
| Sep 30, 2025 | 189.00 Mn |
| Sep 30, 2025 | 189.00 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Jun 30, 2025 | 8.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Mar 31, 2025 | 143.00 Mn |
| Dec 31, 2024 | 633.00 Mn |
| Dec 31, 2024 | 633.00 Mn |
| Sep 30, 2024 | -267.00 Mn |
| Sep 30, 2024 | -267.00 Mn |
| Jun 30, 2024 | 69.00 Mn |
| Jun 30, 2024 | 69.00 Mn |
| Mar 31, 2024 | -196.00 Mn |
| Mar 31, 2024 | -196.00 Mn |
| Dec 31, 2023 | 333.00 Mn |
| Dec 31, 2023 | 333.00 Mn |