ArcelorMittal (MT) Interest Coverage Ratio (2009 - 2025)
ArcelorMittal's (MT) Interest Coverage Ratio was 7.76 for Q2 2026, down 70.7% from 26.47 a year earlier but up 37.0% from the prior quarter.
ArcelorMittal (MT) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, ArcelorMittal's Interest Coverage Ratio came in at 6.03, down 75.4% year-over-year; for FY2025, it came in at 6.29, down 3.1% from FY2024.
- By year, Interest Coverage Ratio came in at 6.49 in FY2024 (+98.3%), 3.27 in FY2023 (-87.2%), 25.62 in FY2022 (-46.1%) and 47.55 in FY2021 (+975.0%).
- Five-year quarterly Interest Coverage Ratio spans a low of -660.00 in Q4 2023 and a high of 149.43 in Q2 2024.
- Year over year, Interest Coverage Ratio has now declined in each of the last five quarters, with an average decline of 39.4% over the last seven quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2021 (growth of 309.7%); the low point was Q3 2025 (a decline of 92.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.66 (Q1 2026), 3.59 (Q4 2025) and 6.48 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Yr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 16.11 |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 14.06 |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 16.80 |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 14.06 |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 12.56 |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 3.29 |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 89.14 |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | - |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 30.75 |
| 10 | ArcelorMittal | 49.98 Bn | 33.48 Bn | - | 5.12 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.12 |
| Dec 31, 2024 | 2.82 |
| Dec 31, 2023 | 2.72 |
| Dec 31, 2022 | 30.75 |
| Dec 31, 2021 | 14.70 |
| Dec 31, 2020 | 1.68 |
| Dec 31, 2019 | -0.38 |
| Dec 31, 2018 | 2.96 |
| Dec 31, 2017 | 6.21 |
| Dec 31, 2016 | 2.02 |
| Dec 31, 2015 | -1.46 |
| Dec 31, 2014 | 0.90 |
| Dec 31, 2013 | 0.38 |
| Dec 31, 2012 | -0.91 |
| Dec 31, 2011 | 1.74 |
| Dec 31, 2010 | 1.65 |
| Dec 31, 2009 | -0.52 |
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-annual&ticker=MT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio-annual", "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-annual&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();