ArcelorMittal (MT) Exchange Rate Effect (2009 - 2026)
ArcelorMittal (MT) posted quarterly Exchange Rate Effect of -$35.0 million for Q2 2026, down 111.59% year-over-year from $302.0 million in Q2 2025, and down 350.0% on a QoQ basis from $14.0 million in Q1 2026.
ArcelorMittal (MT) Exchange Rate Effect (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Exchange Rate Effect for 18 years, with the latest figure at -$35.0 million in Q2 2026.
- Exchange Rate Effect for Q2 2026 came in at -$35.0 million, down 111.59% year-over-year; the trailing twelve-month figure through Jun 2026 was -$24.0 million (down 107.82% YoY), and the FY2025 annual result was $504.0 million, up 207.01% from the prior year.
- Exchange Rate Effect fell to -$35.0 million in Q2 2026, from $14.0 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $656.0 million in Q4 2022 and troughed at -$451.0 million in Q3 2022.
- A 5-year average of $6.1 million and a median of $9.0 million in 2022 frame the typical range for Exchange Rate Effect.
- The largest YoY upside for Exchange Rate Effect was 4946.15% in 2022 against a maximum downside of 880.85% in 2022.
- A 5-year view of Exchange Rate Effect shows it stood at $656.0 million in 2022, then tumbled by 80.49% to $128.0 million in 2023, then plunged by 371.09% to -$347.0 million in 2024, then jumped by 95.1% to -$17.0 million in 2025, then slumped by 105.88% to -$35.0 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$35.0 million in Q2 2026, $14.0 million in Q1 2026, and -$17.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.59 Bn | 98.69 Bn | 941.02 Mn | -726,000.00 |
| 2 | Nucor | 55.21 Bn | 52.51 Bn | 2.03 Bn | -6.00 Mn |
| 3 | ArcelorMittal | 54.93 Bn | 50.08 Bn | - | -35.00 Mn |
| 4 | Steel Dynamics | 32.42 Bn | 31.83 Bn | 958.97 Mn | - |
| 5 | Reliance | 19.64 Bn | 19.40 Bn | 1.30 Bn | -100,000.00 |
| 6 | Cleveland-Cliffs | 6.42 Bn | 6.35 Bn | 132.00 Mn | -1.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -3.82 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.57 Bn | 3.01 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.84 Bn | 1.04 Bn | 6,841.99 |
| 10 | Worthington Steel | 1.72 Bn | 1.63 Bn | 118.80 Mn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -35.00 Mn |
| Jun 30, 2026 | -35.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | -17.00 Mn |
| Dec 31, 2025 | -17.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | 302.00 Mn |
| Jun 30, 2025 | 302.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | -347.00 Mn |
| Dec 31, 2024 | -347.00 Mn |
| Sep 30, 2024 | 147.00 Mn |
| Sep 30, 2024 | 147.00 Mn |
| Jun 30, 2024 | -81.00 Mn |
| Jun 30, 2024 | -81.00 Mn |
| Mar 31, 2024 | -190.00 Mn |
| Mar 31, 2024 | -190.00 Mn |