ArcelorMittal (MT) Market Capitalization (2009 - 2026)
ArcelorMittal (MT) reported Market Capitalization of $45.83 billion for Q2 2026, up 88.8% from $24.27 billion a year earlier and up 15.9% from the prior quarter.
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Analysis
ArcelorMittal (MT) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, ArcelorMittal posted Market Capitalization of $34.68 billion, up 95.1% from FY2024.
- Market Capitalization has a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- By year, Market Capitalization came in at $17.78 billion in FY2024 (-23.6%), $23.26 billion in FY2023 (+10.1%), $21.12 billion in FY2022 (-27.2%) and $28.99 billion in FY2021 (+17.2%).
- The Q2 2026 figure ranks as the highest quarterly Market Capitalization in data going back to Q1 2009.
- Year over year, Market Capitalization has now increased in each of the last five quarters, with growth averaging 37.8% over the last eight quarters.
- The high point for year-over-year Market Capitalization in five years was Q4 2025 (growth of 95.1%); the low point was Q2 2022 (a decline of 38.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $39.56 billion (Q1 2026), $34.68 billion (Q4 2025) and $27.78 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 169.39 Bn | 148.18 Bn | 2.90 Bn |
| 3 | Rio Tinto | 142.99 Bn | 103.49 Bn | - |
| 4 | Newmont | 125.07 Bn | 93.08 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.25 Bn | 83.29 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.94 Bn | 83.57 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.28 Bn | 44.48 Bn | 2.90 Bn |
| 8 | Nucor | 59.24 Bn | 48.62 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.23 Bn | 27.25 Bn | - |
| 10 | AngloGold Ashanti | 46.58 Bn | 34.47 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.83 Bn |
| Mar 31, 2026 | 39.56 Bn |
| Dec 31, 2025 | 34.68 Bn |
| Sep 30, 2025 | 27.78 Bn |
| Jun 30, 2025 | 24.27 Bn |
| Mar 31, 2025 | 22.17 Bn |
| Dec 31, 2024 | 17.78 Bn |
| Sep 30, 2024 | 21.51 Bn |
| Jun 30, 2024 | 18.79 Bn |
| Mar 31, 2024 | 22.60 Bn |
| Dec 31, 2023 | 23.26 Bn |
| Sep 30, 2023 | 20.16 Bn |
| Jun 30, 2023 | 22.02 Bn |
| Mar 31, 2023 | 24.26 Bn |
| Dec 31, 2022 | 21.12 Bn |
| Sep 30, 2022 | 18.14 Bn |
| Jun 30, 2022 | 20.59 Bn |
| Mar 31, 2022 | 29.16 Bn |
| Dec 31, 2021 | 28.99 Bn |
| Sep 30, 2021 | 32.59 Bn |
API Access
ArcelorMittal Market Capitalization 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=market-capitalization&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();