ArcelorMittal (MT) Return on Invested Capital (2009 - 2026)

ArcelorMittal (MT) reported Return on Invested Capital of 0.0% for Q1 2026, little changed on a YoY basis from 0.0% in Q1 2025, and down 2.69% quarter-over-quarter from 0.0% in Q4 2025.

ArcelorMittal (MT) Return on Invested Capital (2009 - 2026) Analysis & Trends

ArcelorMittal has reported Return on Invested Capital for 18 years, with the latest figure at 0.0% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Mar 2026 stood at 0.0% (changed 0.0% YoY), and the FY2025 full-year result was 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital for Q1 2026 stood at 0.0%, down from 0.0% in the prior quarter.
  • The five-year high for Return on Invested Capital was 0.03% in Q1 2022, with the low at 0.0% in Q2 2024.
  • Historically, Return on Invested Capital has averaged 0.01% across 5 years, with a median of 0.0% in 2025.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital increased 3 bps — and 2023, when it fell 3 bps.
  • ArcelorMittal's Return on Invested Capital stood at 0.01% in 2022, then plunged by 66 bps to 0.0% in 2023, then plunged by 52 bps to 0.0% in 2024, then sank by 37 bps to 0.0% in 2025, then dropped by 3 bps to 0.0% in 2026.
  • The last three Return on Invested Capital figures came in at 0.0% (Q1 2026), 0.0% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 0.00%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 0.00%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 0.00%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 0.00%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 0.00%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 0.00%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 0.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00%
Dec 31, 2025 0.00%
Sep 30, 2025 0.00%
Jun 30, 2025 0.00%
Mar 31, 2025 0.00%
Dec 31, 2024 0.00%
Sep 30, 2024 0.00%
Jun 30, 2024 0.00%
Mar 31, 2024 0.00%
Dec 31, 2023 0.00%
Sep 30, 2023 0.00%
Jun 30, 2023 0.01%
Mar 31, 2023 0.01%
Dec 31, 2022 0.01%
Sep 30, 2022 0.02%
Jun 30, 2022 0.03%
Mar 31, 2022 0.03%
Dec 31, 2021 0.03%
Sep 30, 2021 0.02%
Jun 30, 2021 0.01%