ArcelorMittal (MT) Depreciation and Depletion (2021 - 2026)
ArcelorMittal (MT) reported Depreciation and Depletion of $635 million for Q2 2024, down 6.6% from $680 million a year earlier and down 1.1% from the prior quarter.
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Analysis
ArcelorMittal (MT) Depreciation and Depletion (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2024, ArcelorMittal's Depreciation and Depletion came in at $2.64 billion, up 1.3% year-over-year; for FY2021, it came in at $1.81 billion.
- The Q2 2024 figure ranks as the lowest quarterly Depreciation and Depletion since Q1 2023.
- Year over year, Depreciation and Depletion gained in three of the last five quarters, with an average decline of 0.1%.
- Per Business Quant data, the three quarters before Q2 2024 came in at $642 million (Q1 2024), $703 million (Q4 2023) and $662 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 555.00 Mn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 320.00 Mn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | AngloGold Ashanti | 46.51 Bn | 34.40 Bn | 1.70 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -55.00 Mn |
| Dec 31, 2025 | -71.00 Mn |
| Sep 30, 2025 | -63.00 Mn |
| Jun 30, 2025 | -51.00 Mn |
| Mar 31, 2025 | -50.00 Mn |
| Dec 31, 2024 | -56.00 Mn |
| Sep 30, 2024 | -281.00 Mn |
| Jun 30, 2024 | -268.00 Mn |
| Mar 31, 2024 | -274.00 Mn |
| Dec 31, 2023 | -287.00 Mn |
| Sep 30, 2023 | -278.00 Mn |
| Jun 30, 2023 | 680.00 Mn |
| Mar 31, 2023 | 630.00 Mn |
| Dec 31, 2022 | -316.00 Mn |
| Sep 30, 2022 | 628.00 Mn |
| Jun 30, 2022 | 669.00 Mn |
| Mar 31, 2022 | 647.00 Mn |
| Dec 31, 2021 | -353.00 Mn |
| Sep 30, 2021 | 590.00 Mn |
| Jun 30, 2021 | 620.00 Mn |
API Access
ArcelorMittal Depreciation and Depletion 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=depreciation-and-depletion&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();