ArcelorMittal (MT) Price to Earnings (2009 - 2026)
ArcelorMittal's (MT) Price to Earnings was 48.61 for Q3 2026, up 352.2% from 10.75 a year earlier and up 92.2% from the prior quarter.
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Analysis
ArcelorMittal (MT) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at ArcelorMittal was 11.00, down 17.1% from FY2024.
- By year, Price to Earnings came in at 13.28 in FY2024 (-47.5%), 25.31 in FY2023, 2.27 in FY2022 (+17.1%) and 1.94 in FY2021.
- The Q3 2026 figure ranks as the highest quarterly Price to Earnings since Q4 2009.
- Year over year, Price to Earnings gained in two of the last six quarters, with growth averaging 63.9%.
- The high point for year-over-year Price to Earnings in five years was Q1 2024 (growth of 667.9%); the low point was Q1 2022 (a decline of 85.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 25.30 (Q2 2026), 13.54 (Q1 2026) and 11.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn |
| 10 | ArcelorMittal | 47.78 Bn | 31.28 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.61 |
| Jun 30, 2026 | 25.30 |
| Mar 31, 2026 | 13.54 |
| Dec 31, 2025 | 11.00 |
| Sep 30, 2025 | 10.75 |
| Jun 30, 2025 | 9.73 |
| Mar 31, 2025 | 18.39 |
| Dec 31, 2024 | 13.28 |
| Mar 31, 2024 | 29.69 |
| Dec 31, 2023 | 25.31 |
| Sep 30, 2023 | 4.86 |
| Jun 30, 2023 | 5.23 |
| Mar 31, 2023 | 3.87 |
| Dec 31, 2022 | 2.27 |
| Sep 30, 2022 | 1.39 |
| Jun 30, 2022 | 1.23 |
| Mar 31, 2022 | 1.74 |
| Dec 31, 2021 | 1.94 |
| Sep 30, 2021 | 2.69 |
| Jun 30, 2021 | 4.64 |
API Access
ArcelorMittal Price to Earnings 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=price-to-earnings&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();