ArcelorMittal (MT) Exchange Rate Effect (2009 - 2026)
ArcelorMittal (MT) reported Exchange Rate Effect of -$35 million for Q2 2026, compared with $302 million a year earlier.
ArcelorMittal (MT) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, ArcelorMittal's Exchange Rate Effect came in at -$24 million; for FY2025, it came in at $504 million.
- Exchange Rate Effect has a five-year compound annual growth rate of 25.3% (FY2020 to FY2025).
- By year, Exchange Rate Effect came in at -$471 million in FY2024, $255 million in FY2023, -$158 million in FY2022 and -$55 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Exchange Rate Effect since Q4 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at $14 million (Q1 2026), -$17 million (Q4 2025) and $14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | -2.70 Mn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | -17.00 Mn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -726,000.00 |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | -1.73 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | - |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | -6.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -35.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -35.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | -17.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 302.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | -347.00 Mn |
| Sep 30, 2024 | 147.00 Mn |
| Jun 30, 2024 | -81.00 Mn |
| Mar 31, 2024 | -190.00 Mn |
| Dec 31, 2023 | 128.00 Mn |
| Sep 30, 2023 | -85.00 Mn |
| Jun 30, 2023 | 64.00 Mn |
| Mar 31, 2023 | 148.00 Mn |
| Dec 31, 2022 | 656.00 Mn |
| Sep 30, 2022 | -451.00 Mn |
| Jun 30, 2022 | -367.00 Mn |
| Mar 31, 2022 | 4.00 Mn |
| Dec 31, 2021 | 13.00 Mn |
| Sep 30, 2021 | -9.00 Mn |
ArcelorMittal Exchange Rate Effect 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=exchange-rate-effect&ticker=MT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();