ArcelorMittal (MT) Depreciation and Depletion (2009 - 2026)

ArcelorMittal (MT) reported Depreciation and Depletion of -$749.0 million for Q1 2026, down 14.18% on a YoY basis from -$872.7 million in Q1 2025, and up 12.5% quarter-over-quarter from -$856.0 million in Q4 2025.

ArcelorMittal (MT) Depreciation and Depletion (2009 - 2026) Analysis & Trends

ArcelorMittal has reported Depreciation and Depletion for 18 years, with the latest figure at -$749.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Depreciation and Depletion fell 14.18% year-over-year to -$749.0 million; the trailing twelve-month figure through Mar 2026 stood at -$3.0 billion (down 120.78% YoY), and the FY2025 full-year result was -$2.9 billion, down 11.89% from the prior year.
  • Depreciation and Depletion for Q1 2026 stood at -$749.0 million, up from -$856.0 million in the prior quarter.
  • The five-year high for Depreciation and Depletion was $703.0 million in Q4 2023, with the low at -$856.0 million in Q4 2025.
  • Historically, Depreciation and Depletion has averaged -$295.5 million across 5 years, with a median of -$647.0 million in 2022.
  • Annual changes were most pronounced in 2023 — Depreciation and Depletion jumped 210.53% — and 2025, when it plunged 209.76%.
  • ArcelorMittal's Depreciation and Depletion stood at -$636.0 million in 2022, then jumped by 210.53% to $703.0 million in 2023, then plunged by 200.85% to -$709.0 million in 2024, then slipped by 20.73% to -$856.0 million in 2025, then increased by 12.5% to -$749.0 million in 2026.
  • The last three Depreciation and Depletion figures came in at -$749.0 million (Q1 2026), -$856.0 million (Q4 2025), and -$736.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 321.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -749.00 Mn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn -
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn -
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 239.00 Mn
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 -
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -749.00 Mn
Mar 31, 2026 -749.00 Mn
Dec 31, 2025 -856.00 Mn
Dec 31, 2025 -856.00 Mn
Sep 30, 2025 -736.00 Mn
Sep 30, 2025 -736.00 Mn
Jun 30, 2025 -697.00 Mn
Jun 30, 2025 -697.00 Mn
Mar 31, 2025 -656.00 Mn
Mar 31, 2025 -656.00 Mn
Dec 31, 2024 -709.00 Mn
Dec 31, 2024 -709.00 Mn
Sep 30, 2024 -646.00 Mn
Sep 30, 2024 -646.00 Mn
Jun 30, 2024 635.00 Mn
Jun 30, 2024 635.00 Mn
Mar 31, 2024 642.00 Mn
Mar 31, 2024 642.00 Mn
Dec 31, 2023 703.00 Mn
Dec 31, 2023 703.00 Mn