ArcelorMittal (MT) Shares Outstanding (2009 - 2026)
ArcelorMittal's (MT) quarterly Shares Outstanding (Entity) came in at $761.1 million in Q4 2025, down 0.97% on a YoY basis from $768.5 million in Q4 2024, and down 0.97% quarter-over-quarter from $768.5 million in Q4 2024.
ArcelorMittal (MT) Shares Outstanding (2009 - 2026) Analysis & Trends
ArcelorMittal (MT) has reported Shares Outstanding (Entity) for 17 consecutive years, with $761.1 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Entity) fell 0.97% year-over-year to $761.1 million; the trailing twelve-month figure through Dec 2025 stood at $761.1 million (down 0.97% YoY), and the FY2025 full-year result was $761.1 million, down 0.97% from the prior year.
- Shares Outstanding (Entity) declined to $761.1 million in Q4 2025 per MT's latest filing, from $768.5 million in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $910.9 million in Q4 2021 and bottomed at $761.1 million in Q4 2025.
- Historically, Shares Outstanding (Entity) has averaged $813.0 million across 5 years, with a median of $805.3 million in 2022.
- The sharpest annual moves came in 2021 and 2023: Shares Outstanding (Entity) fell 15.72% in 2021, then grew 1.73% in 2023.
- Over 5 years, Shares Outstanding (Entity) stood at $910.9 million in 2021, then fell by 11.59% to $805.3 million in 2022, then grew by 1.73% to $819.3 million in 2023, then declined by 6.19% to $768.5 million in 2024, then fell by 0.97% to $761.1 million in 2025.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $761.1 million, $768.5 million, and $819.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | 1.62 Bn |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 1.96 Bn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 501.99 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 228.20 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 763.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 508.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 763.00 Mn |
| Mar 31, 2026 | 763.00 Mn |
| Dec 31, 2025 | 763.00 Mn |
| Sep 30, 2025 | 788.00 Mn |
| Jun 30, 2025 | 788.00 Mn |
| Mar 31, 2025 | 788.00 Mn |
| Dec 31, 2024 | 788.00 Mn |
| Sep 30, 2024 | 842.00 Mn |
| Jun 30, 2024 | 842.00 Mn |
| Mar 31, 2024 | 842.00 Mn |
| Dec 31, 2023 | 842.00 Mn |
| Sep 30, 2023 | 911.00 Mn |
| Jun 30, 2023 | 911.00 Mn |
| Mar 31, 2023 | 911.00 Mn |
| Dec 31, 2022 | 911.00 Mn |
| Sep 30, 2022 | 1.11 Bn |
| Jun 30, 2022 | 1.11 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.11 Bn |
| Sep 30, 2021 | 1.14 Bn |
ArcelorMittal Shares Outstanding 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=shares-outstanding&ticker=MT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();