ArcelorMittal (MT) Net Margin (2009 - 2026)
ArcelorMittal (MT) posted quarterly Net Margin of 4.07% for Q2 2026, down 718.0% year-over-year from 0.66% in Q2 2025, and up 9.54% on a QoQ basis from 3.72% in Q1 2026.
ArcelorMittal (MT) Net Margin (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Net Margin for 18 years, with the latest figure at 4.07% in Q2 2026.
- Net Margin for Q2 2026 came in at 4.07%, down 718.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 2.88% (down 123.0% YoY), and the FY2025 annual result was 5.14%, up 299.0% from the prior year.
- Net Margin advanced to 4.07% in Q2 2026, from 3.72% in the prior quarter.
- Over five years, Net Margin peaked at 18.89% in Q1 2022 and troughed at 20.38% in Q4 2023.
- A 5-year average of 4.48% and a median of 4.65% in 2022 frame the typical range for Net Margin.
- The widest annual swing landed in 2023, when Net Margin plunged 2193 bps; it then jumped 1773 bps in 2024.
- A 5-year view of Net Margin shows it stood at 1.55% in 2022, then plunged by 1419 bps to 20.38% in 2023, then soared by 87 bps to 2.65% in 2024, then surged by 145 bps to 1.18% in 2025, then surged by 245 bps to 4.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 4.07% in Q2 2026, 3.72% in Q1 2026, and 1.18% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn | 7.92% |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn | 12.31% |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - | 4.07% |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn | 8.71% |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn | 6.97% |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn | -2.77% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 8.14% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 15.70% |
| 10 | Worthington Steel | 1.74 Bn | 1.66 Bn | 118.80 Mn | -5.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 19.57% |