ArcelorMittal (MT) Inventory Average (2009 - 2026)
ArcelorMittal's (MT) quarterly Inventory Average came in at $19.0 billion in Q2 2026, up 5.51% on a YoY basis from $18.0 billion in Q2 2025, and up 1.86% quarter-over-quarter from $18.6 billion in Q1 2026.
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ArcelorMittal (MT) Inventory Average (2009 - 2026) Analysis & Trends
ArcelorMittal (MT) has reported Inventory Average for 18 consecutive years, with $19.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average rose 5.51% year-over-year to $19.0 billion; the trailing twelve-month figure through Jun 2026 stood at $19.0 billion (up 5.51% YoY), and the FY2025 full-year result was $17.5 billion, changed 0.48% from the prior year.
- Inventory Average rose to $19.0 billion in Q2 2026 per MT's latest filing, from $18.6 billion in the prior quarter.
- Across five years, Inventory Average topped out at $22.7 billion in Q2 2022 and bottomed at $16.7 billion in Q1 2025.
- Historically, Inventory Average has averaged $19.2 billion across 5 years, with a median of $18.9 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Inventory Average jumped 64.46% in 2022, then declined 12.35% in 2023.
- Over 5 years, Inventory Average stood at $20.3 billion in 2022, then declined by 7.48% to $18.8 billion in 2023, then decreased by 7.01% to $17.5 billion in 2024, then advanced by 7.26% to $18.8 billion in 2025, then increased by 1.27% to $19.0 billion in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $19.0 billion, $18.6 billion, and $18.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | 331.00 Mn |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 1.01 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 1.49 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 4.28 Bn |
| 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 | 1.60 Bn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 2.12 Bn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 5.83 Bn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 18.99 Bn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 213.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.99 Bn |
| Mar 31, 2026 | 18.65 Bn |
| Dec 31, 2025 | 18.76 Bn |
| Sep 30, 2025 | 19.03 Bn |
| Jun 30, 2025 | 18.00 Bn |
| Mar 31, 2025 | 16.69 Bn |
| Dec 31, 2024 | 17.49 Bn |
| Sep 30, 2024 | 18.08 Bn |
| Jun 30, 2024 | 18.03 Bn |
| Mar 31, 2024 | 18.57 Bn |
| Dec 31, 2023 | 18.81 Bn |
| Sep 30, 2023 | 19.44 Bn |
| Jun 30, 2023 | 19.93 Bn |
| Mar 31, 2023 | 19.95 Bn |
| Dec 31, 2022 | 20.33 Bn |
| Sep 30, 2022 | 21.93 Bn |
| Jun 30, 2022 | 22.74 Bn |
| Mar 31, 2022 | 21.01 Bn |
| Dec 31, 2021 | 19.33 Bn |
| Sep 30, 2021 | 17.55 Bn |
API Access
ArcelorMittal Inventory Average 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=inventory-average&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory-average", "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=inventory-average&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();