ArcelorMittal (MT) Net Margin (2009 - 2026)
ArcelorMittal's Net Margin was 12.31% in Q2 2026, up 1.45 percentage points from the prior quarter.
Powered by 
Analysis
ArcelorMittal (MT) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, ArcelorMittal's Net Margin was 10.89% through Jun 30, 2026, up 8.28 percentage points year-over-year; for FY2020, it was -1.38%, up 2.10 percentage points from FY2019.
- Net Margin shows a five-year change of +11.12 percentage points (FY2015 to FY2020).
- In earlier years, Net Margin was -3.48% in FY2019.
- The Q2 2026 figure marks the highest quarterly Net Margin in data going back to Q1 2009.
- Per Business Quant data, MT's Net Margin in the three quarters before Q2 2026 was 10.86% (Q1 2026), 10.64% (Q4 2025) and 9.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 146.42 Bn | 121.15 Bn | 3.10 Bn | 38.36% |
| 3 | Rio Tinto | 139.98 Bn | 100.80 Bn | - | - |
| 4 | Newmont | 132.34 Bn | 97.49 Bn | 4.22 Bn | 38.90% |
| 5 | Agnico Eagle Mines | 100.36 Bn | 87.30 Bn | 2.15 Bn | 37.75% |
| 6 | Ternium | 99.86 Bn | 68.11 Bn | 1.04 Bn | 6.02% |
| 7 | Freeport-Mcmoran | 90.01 Bn | 74.05 Bn | 2.19 Bn | 14.00% |
| 8 | Barrick Mining | 72.53 Bn | 47.73 Bn | 2.90 Bn | 23.00% |
| 9 | Nucor | 56.81 Bn | 46.19 Bn | 2.03 Bn | 11.12% |
| 10 | ArcelorMittal | 48.91 Bn | 30.47 Bn | - | -2.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.37% |
| Jun 30, 2026 | 4.07% |
| Mar 31, 2026 | 3.72% |
| Dec 31, 2025 | 1.18% |
| Sep 30, 2025 | 2.41% |
| Jun 30, 2025 | 11.26% |
| Mar 31, 2025 | 5.44% |
| Dec 31, 2024 | -2.65% |
| Sep 30, 2024 | 1.89% |
| Jun 30, 2024 | 3.10% |
| Mar 31, 2024 | 5.76% |
| Dec 31, 2023 | -20.38% |
| Sep 30, 2023 | 5.59% |
| Jun 30, 2023 | 10.00% |
| Mar 31, 2023 | 5.92% |
| Dec 31, 2022 | 1.55% |
| Sep 30, 2022 | 5.23% |
| Jun 30, 2022 | 17.72% |
| Mar 31, 2022 | 18.89% |
| Dec 31, 2021 | 19.44% |
API Access
ArcelorMittal Net Margin 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=net-margin&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();