ArcelorMittal (MT) Interest Coverage Ratio (2009 - 2026)
ArcelorMittal's (MT) quarterly Interest Coverage Ratio came in at 7.76 in Q2 2026, up 70.69% on a YoY basis from 4.54 in Q2 2025, and down 37.02% quarter-over-quarter from 5.66 in Q1 2026.
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Analysis
ArcelorMittal (MT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
ArcelorMittal (MT) has reported Interest Coverage Ratio for 18 consecutive years, with 7.76 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 70.69% year-over-year to 7.76; the trailing twelve-month figure through Jun 2026 stood at 6.03 (up 75.4% YoY), and the FY2025 full-year result was 5.12, down 81.49% from the prior year.
- Interest Coverage Ratio declined to 7.76 in Q2 2026 per MT's latest filing, from 5.66 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 660.0 in Q4 2023 and bottomed at 149.43 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 0.92 across 5 years, with a median of 17.91 in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio surged 15429.41% in 2023, then tumbled 264.84% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 4.25 in 2022, then soared by 15429.41% to 660.0 in 2023, then slumped by 102.5% to 16.53 in 2024, then surged by 78.26% to 3.59 in 2025, then plunged by 115.88% to 7.76 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 7.76, 5.66, and 3.59 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | - |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 10.48 |
| 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 | 237.10 |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 7.76 |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 357.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.76 |
| Mar 31, 2026 | 5.66 |
| Dec 31, 2025 | 3.59 |
| Sep 30, 2025 | 6.48 |
| Jun 30, 2025 | 26.47 |
| Mar 31, 2025 | 17.19 |
| Dec 31, 2024 | 16.53 |
| Sep 30, 2024 | 82.88 |
| Jun 30, 2024 | 149.43 |
| Mar 31, 2024 | 17.02 |
| Dec 31, 2023 | -660.00 |
| Sep 30, 2023 | 38.81 |
| Jun 30, 2023 | 40.96 |
| Mar 31, 2023 | 18.63 |
| Dec 31, 2022 | -4.25 |
| Sep 30, 2022 | 44.62 |
| Jun 30, 2022 | 84.79 |
| Mar 31, 2022 | 86.92 |
| Dec 31, 2021 | 93.02 |
| Sep 30, 2021 | 86.21 |
API Access
ArcelorMittal Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();