ArcelorMittal (MT) Debt Ratio (2009 - 2026)
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.
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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 | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 145.88 Bn | 120.61 Bn | 3.10 Bn | 0.31 |
| 3 | Rio Tinto | 139.79 Bn | 100.61 Bn | - | 0.16 |
| 4 | Newmont | 131.54 Bn | 96.69 Bn | 4.22 Bn | 0.09 |
| 5 | Ternium | 99.94 Bn | 68.19 Bn | 1.04 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 99.84 Bn | 86.79 Bn | 2.15 Bn | 0.01 |
| 7 | Freeport-Mcmoran | 89.73 Bn | 73.77 Bn | 2.19 Bn | 0.16 |
| 8 | Barrick Mining | 72.33 Bn | 47.52 Bn | 2.90 Bn | 0.09 |
| 9 | Nucor | 56.90 Bn | 46.28 Bn | 2.03 Bn | 0.19 |
| 10 | ArcelorMittal | 48.82 Bn | 30.39 Bn | - | 0.14 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.14 |
| Jun 30, 2026 | 0.15 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.23 |
| 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 | 0.18 |
| Dec 31, 2021 | 0.19 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();