ArcelorMittal (MT) Tax Provisions (2009 - 2026)
ArcelorMittal (MT) posted quarterly Tax Provisions of -$175.0 million for Q2 2026, up 38.6% year-over-year from -$126.3 million in Q2 2025, and down 28.68% on a QoQ basis from -$136.0 million in Q1 2026.
ArcelorMittal (MT) Tax Provisions (2009 - 2026) Analysis & Trends
ArcelorMittal has reported Tax Provisions for 18 years, with the latest figure at -$175.0 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at -$175.0 million, up 38.6% year-over-year; the trailing twelve-month figure through Jun 2026 was -$216.0 million (up 85.76% YoY), and the FY2025 annual result was $359.0 million, down 76.61% from the prior year.
- Tax Provisions fell to -$175.0 million in Q2 2026, from -$136.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $454.0 million in Q4 2023 and troughed at -$826.0 million in Q2 2022.
- A 5-year average of -$231.1 million and a median of -$214.0 million in 2023 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2023, when Tax Provisions jumped 1197.14%; it then sank 264.76% in 2024.
- A 5-year view of Tax Provisions shows it stood at $35.0 million in 2022, then jumped by 1197.14% to $454.0 million in 2023, then sank by 264.76% to -$748.0 million in 2024, then surged by 126.87% to $201.0 million in 2025, then sank by 187.06% to -$175.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$175.0 million in Q2 2026, -$136.0 million in Q1 2026, and $201.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | -22.89 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 345.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | -175.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 152.68 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 106.20 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -20.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -110.49 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | -145.89 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | 9.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -175.00 Mn |
| 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 | -748.00 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 | 35.00 Mn |
| Sep 30, 2022 | -371.00 Mn |
| Jun 30, 2022 | -826.00 Mn |
| Mar 31, 2022 | -555.00 Mn |
| Dec 31, 2021 | -632.00 Mn |
| Sep 30, 2021 | -1.83 Bn |