ArcelorMittal MT
NYSE MT
$71.10 -3.51 (-4.70%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
DateValue
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