ArcelorMittal (MT) Tax Rate (2009 - 2022)
ArcelorMittal's Tax Rate came in at -20.30% for Q2 2026, down 6.82 percentage points from -13.48% a year earlier and down 1.33 percentage points from the prior quarter.
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Analysis
ArcelorMittal (MT) Tax Rate (2009 - 2022) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ArcelorMittal reported Tax Rate of -10.40%, up 26.94 percentage points year-over-year; for FY2025, it came in at 9.97%, down 42.69 percentage points from FY2024.
- Tax Rate carries a five-year change of -143.16 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 52.66% in FY2024 (+33.77 pp), 18.89% in FY2023 (+3.63 pp), 15.26% in FY2022 (+1.61 pp) and 13.65% in FY2021 (-139.48 pp).
- The five-year range for quarterly Tax Rate is -2512.50% (Q4 2025) to 18.23% (Q4 2022).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -310.72 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2022 (a gain of 31.95 percentage points), and the weakest in Q4 2025 (a drop of 2294.42 percentage points).
- Business Quant data shows MT's Tax Rate at -18.97% (Q1 2026), -2512.50% (Q4 2025) and -20.99% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 31.74% |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 28.19% |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 31.10% |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 27.90% |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 21.23% |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | AngloGold Ashanti | 46.51 Bn | 34.40 Bn | 1.70 Bn | 86.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 18.23% |
| Sep 30, 2014 | 116.67% |
| Jun 30, 2012 | 27.53% |
| Mar 31, 2011 | 36.64% |
| Sep 30, 2010 | 76.60% |
| Jun 30, 2010 | 5.87% |
| Mar 31, 2010 | 94.32% |
| Sep 30, 2009 | 4,731.58% |
API Access
ArcelorMittal Tax Rate 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=tax-rate&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();