ArcelorMittal MT
NYSE MT
$62.63 -0.42 (-0.66%)
As of: Oct 19, 2026 · 3:59 PM EDT

ArcelorMittal (MT) Debt Ratio (2009 - 2026)

Updated

ArcelorMittal's (MT) Debt Ratio stood at 0.24 in Q2 2026, up 70.3% from 0.14 a year earlier and up 69.9% from the prior quarter.

Analysis

ArcelorMittal (MT) Debt Ratio (2009 - 2026) Analysis & Trends

For FY2025, ArcelorMittal's Debt Ratio came in at 0.14, down 18.9% from FY2024.

  • Across earlier years, Debt Ratio came in at 0.17 in FY2024 (+131.4%), 0.07 in FY2023 (-64.9%), 0.21 in FY2022 (+158.3%) and 0.08 in FY2021 (-69.1%).
  • The Q2 2026 figure is the highest quarterly Debt Ratio since Q4 2020.
  • On a year-over-year basis, Debt Ratio rose in seven of the last eight quarters, with growth averaging 31.5%.
  • Peak year-over-year performance for Debt Ratio in the last five years was growth of 158.3% in Q4 2022, against a decline of 69.1% in Q4 2021 at the low end.
  • Per Business Quant, the preceding three quarters came in at 0.14 (Q1 2026), 0.14 (Q4 2025) and 0.15 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Rio Tinto 182.38 Bn 151.41 Bn - 0.16
2 Southern Copper 167.53 Bn 146.32 Bn 2.90 Bn 0.33
3 Rio Tinto 145.19 Bn 105.69 Bn - -
4 Newmont 125.76 Bn 93.76 Bn 4.03 Bn 0.09
5 Freeport-Mcmoran 100.06 Bn 84.10 Bn 2.19 Bn 0.16
6 Agnico Eagle Mines 94.12 Bn 83.75 Bn 2.43 Bn 0.01
7 Barrick Mining 69.05 Bn 44.25 Bn 2.90 Bn 0.09
8 Nucor 59.59 Bn 48.98 Bn 2.03 Bn 0.19
9 ArcelorMittal 47.82 Bn 26.84 Bn - 0.16
10 AngloGold Ashanti 46.49 Bn 34.38 Bn 1.70 Bn 0.10
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.16
Mar 31, 2026 0.28
Dec 31, 2025 0.29
Sep 30, 2025 0.15
Jun 30, 2025 0.16
Mar 31, 2025 0.26
Dec 31, 2024 0.14
Sep 30, 2024 0.24
Jun 30, 2024 0.26
Mar 31, 2024 0.11
Dec 31, 2023 0.24
Sep 30, 2023 0.11
Jun 30, 2023 0.12
Mar 31, 2023 0.12
Dec 31, 2022 0.14
Sep 30, 2022 0.10
Jun 30, 2022 0.11
Mar 31, 2022 0.18
Dec 31, 2021 0.20
Sep 30, 2021 0.09
API Access

ArcelorMittal Debt 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=debt-ratio&ticker=MT&period=max&api_key=YOUR_API_KEY