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| Date | Value |
|---|---|
| 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 |