Value202020212022202320242025TTMSelling/general/admin expenses2.02 B2.26 B2.26 B2.4 B2.48 B2.61 B—Research & development245 M270 M286 M299 M285 M335 M—Operating income2.11 B16.98 B10.27 B2.34 B3.31 B3.63 B—Non-Operating Income, Total———————Interest expense, net of interest capitalized———————Non-Operating Income, excl. Interest Expenses———————Unusual income/expense———————Pretax income1.09 B18.02 B11.26 B1.26 B2.92 B3.6 B—Equity in earnings———————Taxes1.67 B2.46 B1.72 B238 M1.53 B359 M—Non-controlling/minority interest155 M609 M236 M103 M41 M91 M—After tax other income/expense———————Net income before discontinued operations-578 M15.56 B9.54 B-447 M1.38 B3.24 B—Discontinued operations———1.47 B00—Net income-578 M15.56 B9.54 B1.02 B1.38 B3.24 B—Dilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders———————Basic earnings per share (Basic EPS)———————Diluted earnings per share (Diluted EPS)———————Average basic shares outstanding———————Diluted shares outstanding———————EBITDA———————EBIT———————Cost of revenue49.14 B57.34 B67.31 B63.54 B56.65 B56.98 B—Other cost of goods sold———————Depreciation & amortization (cash flow)2.96 B2.52 B2.58 B2.67 B2.63 B2.94 B—
Arcelor Mittal NY Registry Shares NEW
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It was the world's largest producer of steel in 2019 after which production declined to an annual crude steel production of 58 million metric tonnes in 2024.
With that ArcelorMittal was competing for the second place on the list of steel producers with the Chinese Ansteel Group behind Baowu of China which had a steel output of the former two combined.
ArcelorMittal has steel-making operations in 15 countries, including 37 integrated and mini-mill steel-making facilities. In 2024, the company's production was 38% in the Americas, 53% in Europe and 9% in other countries, such as South Africa and Ukraine. The company is vertically integrated and produces 58% of its iron ore needs, 90% of its coke needs, and 54% of its scrap and direct reduced iron needs.
The company is ranked 190th on the Fortune Global 500.
In 2024 company was 39.88% owned by Lakshmi Mittal and his family and the remainder of the company is publicly traded.