ArcelorMittal (MT) Invested Capital (2009 - 2026)

ArcelorMittal (MT) reported Invested Capital of $2.7 billion for Q1 2026, down 20.72% on a YoY basis from $3.5 billion in Q1 2025, and down 95.96% quarter-over-quarter from $67.9 billion in Q4 2025.

ArcelorMittal (MT) Invested Capital (2009 - 2026) Analysis & Trends

ArcelorMittal has reported Invested Capital for 18 years, with the latest figure at $2.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 20.72% year-over-year to $2.7 billion; the trailing twelve-month figure through Mar 2026 stood at $13.7 billion (up 36.89% YoY), and the FY2025 full-year result was $67.9 billion, up 36.07% from the prior year.
  • Invested Capital for Q1 2026 stood at $2.7 billion, down from $67.9 billion in the prior quarter.
  • The five-year high for Invested Capital was $67.9 billion in Q4 2025, with the low at $1.8 billion in Q2 2023.
  • Historically, Invested Capital has averaged $10.3 billion across 5 years, with a median of $2.7 billion in 2026.
  • Annual changes were most pronounced in 2023 — Invested Capital slumped 50.01% — and 2024, when it soared 553.16%.
  • ArcelorMittal's Invested Capital stood at $15.3 billion in 2022, then tumbled by 50.01% to $7.6 billion in 2023, then soared by 553.16% to $49.9 billion in 2024, then surged by 36.07% to $67.9 billion in 2025, then slumped by 95.96% to $2.7 billion in 2026.
  • The last three Invested Capital figures came in at $2.7 billion (Q1 2026), $67.9 billion (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 3.96 Bn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 21.59 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn - 2.74 Bn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 13.36 Bn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 7.13 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 13.59 Bn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 252.23
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.32 Bn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 406.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.74 Bn
Dec 31, 2025 67.88 Bn
Sep 30, 2025 4.38 Bn
Jun 30, 2025 3.17 Bn
Mar 31, 2025 3.46 Bn
Dec 31, 2024 49.88 Bn
Sep 30, 2024 2.36 Bn
Jun 30, 2024 2.36 Bn
Mar 31, 2024 1.87 Bn
Dec 31, 2023 7.64 Bn
Sep 30, 2023 2.31 Bn
Jun 30, 2023 1.81 Bn
Mar 31, 2023 2.83 Bn
Dec 31, 2022 15.28 Bn
Sep 30, 2022 2.58 Bn
Jun 30, 2022 2.72 Bn
Mar 31, 2022 2.41 Bn
Dec 31, 2021 7.43 Bn
Sep 30, 2021 1.80 Bn
Jun 30, 2021 2.64 Bn