ArcelorMittal (MT) Tax Provisions (2009 - 2026)
ArcelorMittal (MT) reported Tax Provisions of -$136.0 million for Q1 2026, up 19.53% on a YoY basis from -$113.8 million in Q1 2025, and down 167.66% quarter-over-quarter from $201.0 million in Q4 2025.
ArcelorMittal (MT) Tax Provisions (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Tax Provisions for 18 years, with the latest figure at -$136.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 19.53% year-over-year to -$136.0 million; the trailing twelve-month figure through Mar 2026 stood at -$326.0 million (up 70.89% YoY), and the FY2025 full-year result was $359.0 million, down 76.61% from the prior year.
- Tax Provisions for Q1 2026 stood at -$136.0 million, down from $201.0 million in the prior quarter.
- The five-year high for Tax Provisions was $454.0 million in Q4 2023, with the low at -$826.0 million in Q2 2022.
- Historically, Tax Provisions has averaged -$219.1 million across 5 years, with a median of -$231.0 million in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions surged 598.9% — and 2024, when it plunged 179.52%.
- ArcelorMittal's Tax Provisions stood at -$91.0 million in 2022, then surged by 598.9% to $454.0 million in 2023, then plunged by 179.52% to -$361.0 million in 2024, then soared by 155.68% to $201.0 million in 2025, then plunged by 167.66% to -$136.0 million in 2026.
- The last three Tax Provisions figures came in at -$136.0 million (Q1 2026), $201.0 million (Q4 2025), and -$106.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 226.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -136.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 113.11 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 83.90 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -81.00 Mn |
| 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 | 3.50 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 2.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -136.00 Mn |
| Dec 31, 2025 | 201.00 Mn |
| Sep 30, 2025 | -106.00 Mn |
| Jun 30, 2025 | -285.00 Mn |
| Mar 31, 2025 | -169.00 Mn |
| Dec 31, 2024 | -361.00 Mn |
| Sep 30, 2024 | -315.00 Mn |
| Jun 30, 2024 | -275.00 Mn |
| Mar 31, 2024 | -197.00 Mn |
| Dec 31, 2023 | 454.00 Mn |
| Sep 30, 2023 | -272.00 Mn |
| Jun 30, 2023 | -231.00 Mn |
| Mar 31, 2023 | -189.00 Mn |
| Dec 31, 2022 | -91.00 Mn |
| Sep 30, 2022 | -371.00 Mn |
| Jun 30, 2022 | -826.00 Mn |
| Mar 31, 2022 | -555.00 Mn |
| Dec 31, 2021 | -678.00 Mn |
| Sep 30, 2021 | -882.00 Mn |
| Jun 30, 2021 | -542.00 Mn |