ArcelorMittal (MT) Total Debt (2009 - 2026)
ArcelorMittal's Total Debt was $23.45 billion in Q2 2026, up 70.8% from $13.73 billion a year earlier and up 71.4% from the prior quarter.
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Analysis
ArcelorMittal (MT) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at ArcelorMittal came in at $13.41 billion, down 11.4% from FY2024.
- Total Debt shows a five-year compound annual growth rate of -9.0% (FY2020 to FY2025).
- In earlier years, Total Debt was $15.13 billion in FY2024 (+120.2%), $6.87 billion in FY2023 (-65.1%), $19.7 billion in FY2022 (+169.9%) and $7.3 billion in FY2021 (-65.9%).
- The Q2 2026 figure marks the highest quarterly Total Debt since Q4 2016.
- Compared with a year earlier, Total Debt was higher in seven of the last eight quarters, with growth averaging 34.2%.
- The best year-over-year quarter for Total Debt over five years was Q4 2022 (growth of 169.9%); the worst was Q4 2021 (a decline of 65.9%).
- Per Business Quant data, MT's Total Debt in the three quarters before Q2 2026 was $13.68 billion (Q1 2026), $13.41 billion (Q4 2025) and $14.87 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 21.82 Bn |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | 7.99 Bn |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | 22.18 Bn |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 5.08 Bn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 9.39 Bn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 196.83 Mn |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 4.68 Bn |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 7.10 Bn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | 16.31 Bn |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | 1.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.31 Bn |
| Mar 31, 2026 | 27.37 Bn |
| Dec 31, 2025 | 28.44 Bn |
| Sep 30, 2025 | 14.87 Bn |
| Jun 30, 2025 | 15.48 Bn |
| Mar 31, 2025 | 24.09 Bn |
| Dec 31, 2024 | 12.92 Bn |
| Sep 30, 2024 | 22.52 Bn |
| Jun 30, 2024 | 23.66 Bn |
| Mar 31, 2024 | 10.22 Bn |
| Dec 31, 2023 | 22.84 Bn |
| Sep 30, 2023 | 10.54 Bn |
| Jun 30, 2023 | 11.91 Bn |
| Mar 31, 2023 | 11.48 Bn |
| Dec 31, 2022 | 12.96 Bn |
| Sep 30, 2022 | 8.99 Bn |
| Jun 30, 2022 | 10.32 Bn |
| Mar 31, 2022 | 17.44 Bn |
| Dec 31, 2021 | 18.30 Bn |
| Sep 30, 2021 | 8.25 Bn |
API Access
ArcelorMittal Total Debt 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=total-debt&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();