ArcelorMittal (MT) Invested Capital (2009 - 2026)
ArcelorMittal (MT) posted quarterly Invested Capital of $11.9 billion for Q2 2026, up 7.31% year-over-year from $11.1 billion in Q2 2025, and up 334.34% on a QoQ basis from $2.7 billion in Q1 2026.
ArcelorMittal (MT) Invested Capital (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Invested Capital for 18 years, with the latest figure at $11.9 billion in Q2 2026.
- Invested Capital for Q2 2026 came in at $11.9 billion, up 7.31% year-over-year; the trailing twelve-month figure through Jun 2026 was $30.1 billion (up 14.06% YoY), and the FY2025 annual result was $11.1 billion, up 16.79% from the prior year.
- Invested Capital climbed to $11.9 billion in Q2 2026, from $2.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $11.9 billion in Q2 2026 and troughed at $27.0 million in Q2 2022.
- A 5-year average of $5.8 billion and a median of $3.9 billion in 2025 frame the typical range for Invested Capital.
- The widest annual swing landed in 2022, when Invested Capital plunged 54.24%; it then surged 31044.44% in 2023.
- A 5-year view of Invested Capital shows it stood at $9.6 billion in 2022, then dropped by 10.67% to $8.6 billion in 2023, then advanced by 11.2% to $9.5 billion in 2024, then gained by 16.79% to $11.1 billion in 2025, then increased by 7.12% to $11.9 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $11.9 billion in Q2 2026, $2.7 billion in Q1 2026, and $11.1 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 3.99 Bn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 581.00 Mn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 11.90 Bn |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 1.33 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | - |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 276.10 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | 66.11 Mn |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | - |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | 185.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 Bn |
| Mar 31, 2026 | 2.74 Bn |
| Dec 31, 2025 | 13.41 Bn |
| Sep 30, 2025 | 4.38 Bn |
| Jun 30, 2025 | 11.09 Bn |
| Mar 31, 2025 | 3.46 Bn |
| Dec 31, 2024 | 9.51 Bn |
| Sep 30, 2024 | 2.36 Bn |
| Jun 30, 2024 | 8.93 Bn |
| Mar 31, 2024 | 1.87 Bn |
| Dec 31, 2023 | 8.56 Bn |
| Sep 30, 2023 | 2.31 Bn |
| Jun 30, 2023 | 8.41 Bn |
| Mar 31, 2023 | 2.83 Bn |
| Dec 31, 2022 | 9.58 Bn |
| Sep 30, 2022 | 2.58 Bn |
| Jun 30, 2022 | 27.00 Mn |
| Mar 31, 2022 | 2.41 Bn |
| Dec 31, 2021 | 6.63 Bn |
| Sep 30, 2021 | 1.80 Bn |