ArcelorMittal (MT) Operating Income (2009 - 2026)
ArcelorMittal's Operating Income came in at $1.06 billion for Q2 2026, down 45.4% from $1.93 billion a year earlier but up 40.1% from the prior quarter.
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Analysis
ArcelorMittal (MT) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ArcelorMittal reported Operating Income of $2.68 billion, down 32.2% year-over-year; for FY2025, it came in at $3.63 billion, up 9.6% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 11.4% (FY2020 to FY2025).
- Going back by year, Operating Income was $3.31 billion in FY2024 (+41.5%), $2.34 billion in FY2023 (-77.2%), $10.27 billion in FY2022 (-39.5%) and $16.98 billion in FY2021 (+704.5%).
- The five-year range for quarterly Operating Income is -$1.98 billion (Q4 2023) to $4.56 billion (Q4 2021).
- Year-over-year, Operating Income has declined for four consecutive quarters, with an average decline of 13.4% over the last seven quarters.
- The fastest year-over-year change in Operating Income over five years came in Q4 2021 (growth of 128.1%), and the weakest in Q1 2023 (a decline of 73.1%).
- Business Quant data shows MT's Operating Income at $753 million (Q1 2026), $327 million (Q4 2025) and $544 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 166.34 Bn | 145.12 Bn | 2.90 Bn | 2.62 Bn |
| 3 | Rio Tinto | 142.70 Bn | 103.20 Bn | - | - |
| 4 | Newmont | 124.72 Bn | 92.73 Bn | 4.03 Bn | 1.01 Bn |
| 5 | Freeport-Mcmoran | 98.15 Bn | 82.19 Bn | 2.19 Bn | 2.00 Bn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 2.31 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 2.73 Bn |
| 8 | Nucor | 58.96 Bn | 48.35 Bn | 2.03 Bn | 1.63 Bn |
| 9 | ArcelorMittal | 47.66 Bn | 26.68 Bn | - | 1.06 Bn |
| 10 | AngloGold Ashanti | 46.25 Bn | 34.14 Bn | 1.70 Bn | 1.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Bn |
| Mar 31, 2026 | 753.00 Mn |
| Dec 31, 2025 | 327.00 Mn |
| Sep 30, 2025 | 544.00 Mn |
| Jun 30, 2025 | 1.93 Bn |
| Mar 31, 2025 | 825.00 Mn |
| Dec 31, 2024 | 529.00 Mn |
| Sep 30, 2024 | 663.00 Mn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | -1.98 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.93 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | -306.00 Mn |
| Sep 30, 2022 | 1.65 Bn |
| Jun 30, 2022 | 4.49 Bn |
| Mar 31, 2022 | 4.43 Bn |
| Dec 31, 2021 | 4.56 Bn |
| Sep 30, 2021 | 5.35 Bn |
API Access
ArcelorMittal Operating Income 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=operating-income&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();