ArcelorMittal (MT) EV to EBIT (2009 - 2026)
ArcelorMittal's EV to EBIT was 15.88 in Q2 2026, up 201.9% from 5.26 a year earlier and up 51.7% from the prior quarter.
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Analysis
ArcelorMittal (MT) EV to EBIT (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, ArcelorMittal's EV to EBIT was 10.03 through Jun 30, 2026, up 985.2% year-over-year; for FY2025, it came in at 8.59, up 116.5% from FY2024.
- In earlier years, EV to EBIT was 3.97 in FY2024 (-45.5%), 7.28 in FY2023 (+457.3%), 1.31 in FY2022 (-7.7%) and 1.42 in FY2021 (-85.6%).
- The Q2 2026 figure marks the highest quarterly EV to EBIT since Q3 2024.
- Compared with a year earlier, EV to EBIT has increased for three straight quarters, with growth averaging 83.5% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q3 2024 (growth of 478.6%); the worst was Q4 2021 (a decline of 85.6%).
- Per Business Quant data, MT's EV to EBIT in the three quarters before Q2 2026 was 10.47 (Q1 2026), 8.59 (Q4 2025) and 6.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 169.97 Bn | 148.75 Bn | 2.90 Bn |
| 3 | Rio Tinto | 143.92 Bn | 104.42 Bn | - |
| 4 | Newmont | 125.84 Bn | 93.84 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.89 Bn | 83.93 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 94.91 Bn | 84.54 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.68 Bn | 44.88 Bn | 2.90 Bn |
| 8 | Nucor | 59.90 Bn | 49.28 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.48 Bn | 27.50 Bn | - |
| 10 | AngloGold Ashanti | 46.95 Bn | 34.84 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.88 |
| Mar 31, 2026 | 10.47 |
| Dec 31, 2025 | 8.59 |
| Sep 30, 2025 | 6.30 |
| Jun 30, 2025 | 5.26 |
| Mar 31, 2025 | 6.19 |
| Dec 31, 2024 | 3.97 |
| Sep 30, 2024 | 23.07 |
| Jun 30, 2024 | 10.77 |
| Mar 31, 2024 | 8.66 |
| Dec 31, 2023 | 7.28 |
| Sep 30, 2023 | 3.99 |
| Jun 30, 2023 | 3.95 |
| Mar 31, 2023 | 2.86 |
| Dec 31, 2022 | 1.31 |
| Sep 30, 2022 | 1.02 |
| Jun 30, 2022 | 0.78 |
| Mar 31, 2022 | 1.38 |
| Dec 31, 2021 | 1.42 |
| Sep 30, 2021 | 2.11 |
API Access
ArcelorMittal EV to EBIT 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=ev-to-ebit&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();