ArcelorMittal (MT) Return on Equity [ROE] (2009 - 2026)
ArcelorMittal's Return on Equity [ROE] was 3.26% in Q2 2026, down 1.37 percentage points from 4.64% a year earlier and down 2.02 percentage points from the prior quarter.
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Analysis
ArcelorMittal (MT) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at ArcelorMittal came in at 6.02%, up 3.44 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +7.48 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 2.57% in FY2024 (+0.75 pp), 1.82% in FY2023 (-15.94 pp), 17.76% in FY2022 (-13.16 pp) and 30.92% in FY2021 (+32.39 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2025.
- Compared with a year earlier, Return on Equity [ROE] was higher in six of the last eight quarters, with an average year-over-year change of +1.16 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2021 (a gain of 32.41 percentage points); the worst was Q2 2023 (a drop of 23.03 percentage points).
- Per Business Quant data, MT's Return on Equity [ROE] in the three quarters before Q2 2026 was 5.28% (Q1 2026), 5.73% (Q4 2025) and 4.68% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 3.26% |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 42.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.26% |
| Mar 31, 2026 | 5.28% |
| Dec 31, 2025 | 5.73% |
| Sep 30, 2025 | 4.68% |
| Jun 30, 2025 | 4.64% |
| Mar 31, 2025 | 2.35% |
| Dec 31, 2024 | 2.59% |
| Sep 30, 2024 | -2.19% |
| Jun 30, 2024 | -0.98% |
| Mar 31, 2024 | 1.53% |
| Dec 31, 2023 | 1.80% |
| Sep 30, 2023 | 7.34% |
| Jun 30, 2023 | 7.59% |
| Mar 31, 2023 | 11.47% |
| Dec 31, 2022 | 17.34% |
| Sep 30, 2022 | 24.39% |
| Jun 30, 2022 | 30.62% |
| Mar 31, 2022 | 32.37% |
| Dec 31, 2021 | 30.92% |
| Sep 30, 2021 | 26.57% |
API Access
ArcelorMittal Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();