ArcelorMittal (MT) Total Debt (2009 - 2026)
ArcelorMittal's (MT) quarterly Total Debt came in at $14.8 billion in Q2 2026, up 4.49% on a YoY basis from $14.1 billion in Q2 2025, and down 0.79% quarter-over-quarter from $14.9 billion in Q1 2026.
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Analysis
ArcelorMittal (MT) Total Debt (2009 - 2026) Analysis & Trends
ArcelorMittal (MT) has reported Total Debt for 18 consecutive years, with $14.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 4.49% year-over-year to $14.8 billion; the trailing twelve-month figure through Jun 2026 stood at $14.8 billion (up 4.49% YoY), and the FY2025 full-year result was -$18.9 billion, up 10.11% from the prior year.
- Total Debt slipped to $14.8 billion in Q2 2026 per MT's latest filing, from $14.9 billion in the prior quarter.
- Across five years, Total Debt topped out at $15.8 billion in Q3 2025 and bottomed at -$21.0 billion in Q4 2024.
- Historically, Total Debt has averaged $5.3 billion across 5 years, with a median of $11.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Total Debt dropped 23.26% in 2022, then jumped 40.76% in 2023.
- Over 5 years, Total Debt stood at -$16.8 billion in 2022, then declined by 5.77% to -$17.8 billion in 2023, then declined by 18.15% to -$21.0 billion in 2024, then rose by 10.11% to -$18.9 billion in 2025, then soared by 178.31% to $14.8 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $14.8 billion, $14.9 billion, and -$18.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | -401.00 Mn |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 7.99 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 5.08 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | 7.81 Bn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 9.39 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 196.83 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 15.00 Mn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 7.10 Bn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | 23.45 Bn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | 1.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.45 Bn |
| Mar 31, 2026 | 13.68 Bn |
| Dec 31, 2025 | 13.41 Bn |
| Sep 30, 2025 | 14.87 Bn |
| Jun 30, 2025 | 13.73 Bn |
| Mar 31, 2025 | 12.05 Bn |
| Dec 31, 2024 | 15.13 Bn |
| Sep 30, 2024 | 11.26 Bn |
| Jun 30, 2024 | 11.13 Bn |
| Mar 31, 2024 | 10.22 Bn |
| Dec 31, 2023 | 6.87 Bn |
| Sep 30, 2023 | 10.54 Bn |
| Jun 30, 2023 | 10.46 Bn |
| Mar 31, 2023 | 11.48 Bn |
| Dec 31, 2022 | 19.70 Bn |
| Sep 30, 2022 | 8.99 Bn |
| Jun 30, 2022 | 8.79 Bn |
| Mar 31, 2022 | 8.72 Bn |
| Dec 31, 2021 | 7.30 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();