ArcelorMittal (MT) Debt Ratio (2009 - 2026)

ArcelorMittal (MT) reported Debt Ratio of 0.14 for Q1 2026, up 5.7% on a YoY basis from 0.13 in Q1 2025, and up 1.45% quarter-over-quarter from 0.14 in Q4 2025.

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

ArcelorMittal has reported Debt Ratio for 18 years, with the latest figure at 0.14 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 5.7% year-over-year to 0.14; the trailing twelve-month figure through Mar 2026 stood at 0.14 (up 5.7% YoY), and the FY2025 full-year result was 0.14, up 6.1% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.14, up from 0.14 in the prior quarter.
  • The five-year high for Debt Ratio was 0.15 in Q3 2025, with the low at 0.09 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.12 across 5 years, with a median of 0.12 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 34.16% — and 2023, when it surged 34.68%.
  • ArcelorMittal's Debt Ratio stood at 0.12 in 2022, then retreated by 7.7% to 0.11 in 2023, then climbed by 13.75% to 0.13 in 2024, then increased by 6.1% to 0.14 in 2025, then rose by 1.45% to 0.14 in 2026.
  • The last three Debt Ratio figures came in at 0.14 (Q1 2026), 0.14 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 0.16
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 0.20
3 ArcelorMittal 51.15 Bn 48.81 Bn - 0.14
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.25
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 0.16
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 0.39
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 0.10
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.14
Sep 30, 2025 0.15
Jun 30, 2025 0.14
Mar 31, 2025 0.13
Dec 31, 2024 0.13
Sep 30, 2024 0.12
Jun 30, 2024 0.12
Mar 31, 2024 0.11
Dec 31, 2023 0.11
Sep 30, 2023 0.11
Jun 30, 2023 0.11
Mar 31, 2023 0.12
Dec 31, 2022 0.12
Sep 30, 2022 0.10
Jun 30, 2022 0.09
Mar 31, 2022 0.09
Dec 31, 2021 0.09
Sep 30, 2021 0.09
Jun 30, 2021 0.11