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

ArcelorMittal (MT) Tax Rate (2009 - 2026)

ArcelorMittal (MT) posted quarterly Tax Rate of 20.3% for Q2 2026, down 682.0% year-over-year from 3.49% in Q2 2025, and down 7.03% on a QoQ basis from 18.97% in Q1 2026.

ArcelorMittal (MT) Tax Rate (2009 - 2026) Analysis & Trends

ArcelorMittal has reported Tax Rate for 18 years, with the latest figure at 20.3% in Q2 2026.

  • Tax Rate for Q2 2026 came in at 20.3%, down 682.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 10.4% (up 2694.0% YoY), and the FY2025 annual result was 9.97%, down 4269.0% from the prior year.
  • Tax Rate slipped to 20.3% in Q2 2026, from 18.97% in the prior quarter.
  • Over five years, Tax Rate peaked at 18.23% in Q4 2022 and troughed at 2512.5% in Q4 2025.
  • A 5-year average of 167.84% and a median of 18.02% in 2026 frame the typical range for Tax Rate.
  • The widest annual swing landed in 2022, when Tax Rate jumped 3145 bps; it then tumbled 229442 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 18.23% in 2022, then slumped by 172 bps to 13.2% in 2023, then slumped by 1552 bps to 218.08% in 2024, then plunged by 1052 bps to 2512.5% in 2025, then jumped by 99 bps to 20.3% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 20.3% in Q2 2026, 18.97% in Q1 2026, and 2512.5% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Ternium 106.22 Bn 96.33 Bn 941.02 Mn -4.70%
2 Nucor 55.03 Bn 52.34 Bn 2.03 Bn 21.23%
3 ArcelorMittal 54.04 Bn 49.19 Bn - -20.30%
4 Steel Dynamics 31.61 Bn 31.03 Bn 958.97 Mn 22.34%
5 Reliance 19.53 Bn 19.29 Bn 1.30 Bn 24.71%
6 Cleveland-Cliffs 6.15 Bn 6.08 Bn 132.00 Mn 13.16%
7 Gerdau 5.42 Bn 4.28 Bn 558.98 Mn -27.62%
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 -88.84%
10 Worthington Steel 1.70 Bn 1.61 Bn 118.80 Mn -20.81%

Historic Data

Download Data
DateValue
Jun 30, 2026 -20.30%
Jun 30, 2026 -20.30%
Jun 30, 2026 -20.30%
Mar 31, 2026 -18.97%
Mar 31, 2026 -18.97%
Mar 31, 2026 -18.97%
Dec 31, 2025 -2,512.50%
Dec 31, 2025 -2,512.50%
Dec 31, 2025 -2,512.50%
Sep 30, 2025 -20.99%
Sep 30, 2025 -20.99%
Sep 30, 2025 -20.99%
Jun 30, 2025 -13.48%
Jun 30, 2025 -13.48%
Jun 30, 2025 -13.48%
Mar 31, 2025 -17.05%
Mar 31, 2025 -17.05%
Mar 31, 2025 -17.05%
Dec 31, 2024 -218.08%
Dec 31, 2024 -218.08%