ArcelorMittal (MT) Free Cash Flow (2009 - 2026)
ArcelorMittal (MT) posted quarterly Free Cash Flow of $2.1 billion for Q2 2026, down 10.38% year-over-year from $2.3 billion in Q2 2025, and up 63.47% on a QoQ basis from $1.3 billion in Q1 2026.
ArcelorMittal (MT) Free Cash Flow (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Free Cash Flow for 18 years, with the latest figure at $2.1 billion in Q2 2026.
- Free Cash Flow for Q2 2026 came in at $2.1 billion, down 10.38% year-over-year; the trailing twelve-month figure through Jun 2026 was $9.6 billion (up 6.43% YoY), and the FY2025 annual result was $471.0 million, up 5.37% from the prior year.
- Free Cash Flow advanced to $2.1 billion in Q2 2026, from $1.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $5.1 billion in Q4 2022 and troughed at $613.0 million in Q1 2025.
- A 5-year average of $2.6 billion and a median of $2.5 billion in 2023 frame the typical range for Free Cash Flow.
- The widest annual swing landed in 2022, when Free Cash Flow sank 63.69%; it then jumped 105.87% in 2026.
- A 5-year view of Free Cash Flow shows it stood at $5.1 billion in 2022, then retreated by 6.93% to $4.8 billion in 2023, then slipped by 24.63% to $3.6 billion in 2024, then increased by 17.8% to $4.2 billion in 2025, then tumbled by 51.37% to $2.1 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $2.1 billion in Q2 2026, $1.3 billion in Q1 2026, and $4.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 687.28 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 829.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 2.06 Bn |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 304.09 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 68.80 Mn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | 226.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 513.56 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 15.96 Mn |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | 7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.06 Bn |
| Jun 30, 2026 | 2.06 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 4.24 Bn |
| Dec 31, 2025 | 4.24 Bn |
| Sep 30, 2025 | 1.99 Bn |
| Sep 30, 2025 | 1.99 Bn |
| Jun 30, 2025 | 2.30 Bn |
| Jun 30, 2025 | 2.30 Bn |
| Mar 31, 2025 | 613.00 Mn |
| Mar 31, 2025 | 613.00 Mn |
| Dec 31, 2024 | 3.60 Bn |
| Dec 31, 2024 | 3.60 Bn |
| Sep 30, 2024 | 2.46 Bn |
| Sep 30, 2024 | 2.46 Bn |
| Jun 30, 2024 | 2.06 Bn |
| Jun 30, 2024 | 2.06 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Mar 31, 2024 | 1.14 Bn |