MT Profitability Analysis: Past Growth, Margins, Return on Capital, Free Cash Flow, and more - ArcelorMittal SA - Alpha Spread

ArcelorMittal SA
NYSE:MT

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ArcelorMittal SA
NYSE:MT
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Price: 24.395 USD 3.81%
Market Cap: 20B USD
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Profitability Summary

We take all the information about a company's profitability (such as its margins, capital efficiency, free cash flow generating ability, and more) and consolidate it into one single number - the profitability score. The higher the profitability score, the more profitable the company is.

Past Growth

To be successful and remain in business, both growth and profitability are important and necessary. Net Income growth is often seen as a sign of a company's efficiency from an operational standpoint, but is influenced heavily by a company's goals and challenges and should therefore be assessed in conjunction with other metrics like revenue and operating income growth.

Margins

Profit margins represent what percentage of sales has turned into profits. Simply put, the percentage figure indicates how many cents of profit the company has generated for each dollar of sale.

Profit margins help investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Earnings Waterfall
ArcelorMittal SA

Revenue
63.7B USD
Operating Expenses
-63.8B USD
Operating Income
-64m USD
Other Expenses
-531m USD
Net Income
-595m USD

Margins Comparison
ArcelorMittal SA Competitors

Country Company Market Cap Operating
Margin
Net
Margin
LU
ArcelorMittal SA
NYSE:MT
20B USD
0%
-1%
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.5B Zac
43%
24%
BR
Vale SA
BOVESPA:VALE3
249.4B BRL
35%
23%
AU
Fortescue Ltd
XMUN:FVJ
33B EUR
47%
31%
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD
47%
31%
US
Nucor Corp
NYSE:NUE
35B USD
14%
10%
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR
11%
4%
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR
6%
-2%
KR
Posco Holdings Inc
KRX:005490
28.5T KRW
4%
2%
JP
Nippon Steel Corp
TSE:5401
2.9T JPY
6%
6%
US
Steel Dynamics Inc
NASDAQ:STLD
18.6B USD
14%
11%
Country LU
Market Cap 20B USD
Operating Margin
0%
Net Margin
-1%
Country ZA
Market Cap 109.5B Zac
Operating Margin
43%
Net Margin
24%
Country BR
Market Cap 249.4B BRL
Operating Margin
35%
Net Margin
23%
Country AU
Market Cap 33B EUR
Operating Margin
47%
Net Margin
31%
Country AU
Market Cap 54.3B AUD
Operating Margin
47%
Net Margin
31%
Country US
Market Cap 35B USD
Operating Margin
14%
Net Margin
10%
Country IN
Market Cap 2.3T INR
Operating Margin
11%
Net Margin
4%
Country IN
Market Cap 1.9T INR
Operating Margin
6%
Net Margin
-2%
Country KR
Market Cap 28.5T KRW
Operating Margin
4%
Net Margin
2%
Country JP
Market Cap 2.9T JPY
Operating Margin
6%
Net Margin
6%
Country US
Market Cap 18.6B USD
Operating Margin
14%
Net Margin
11%

Return on Capital

Return on capital ratios give a sense of how well a company is using its capital (equity, assets, capital employed, etc.) to generate profits (operating income, net income, etc.). In simple words, these ratios show how much income is generated for each dollar of capital invested.

Return on Capital Comparison
ArcelorMittal SA Competitors

Country Company Market Cap ROE ROA ROCE ROIC
LU
ArcelorMittal SA
NYSE:MT
20B USD
-1%
-1%
0%
0%
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.5B Zac
41%
22%
46%
36%
BR
Vale SA
BOVESPA:VALE3
249.4B BRL
25%
11%
19%
16%
AU
Fortescue Ltd
XMUN:FVJ
33B EUR
30%
20%
32%
25%
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD
30%
20%
32%
25%
US
Nucor Corp
NYSE:NUE
35B USD
17%
10%
16%
14%
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.3T INR
10%
3%
12%
7%
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR
-4%
-1%
8%
43%
KR
Posco Holdings Inc
KRX:005490
28.5T KRW
2%
1%
4%
2%
JP
Nippon Steel Corp
TSE:5401
2.9T JPY
12%
5%
7%
5%
US
Steel Dynamics Inc
NASDAQ:STLD
18.6B USD
23%
14%
20%
16%
Country LU
Market Cap 20B USD
ROE
-1%
ROA
-1%
ROCE
0%
ROIC
0%
Country ZA
Market Cap 109.5B Zac
ROE
41%
ROA
22%
ROCE
46%
ROIC
36%
Country BR
Market Cap 249.4B BRL
ROE
25%
ROA
11%
ROCE
19%
ROIC
16%
Country AU
Market Cap 33B EUR
ROE
30%
ROA
20%
ROCE
32%
ROIC
25%
Country AU
Market Cap 54.3B AUD
ROE
30%
ROA
20%
ROCE
32%
ROIC
25%
Country US
Market Cap 35B USD
ROE
17%
ROA
10%
ROCE
16%
ROIC
14%
Country IN
Market Cap 2.3T INR
ROE
10%
ROA
3%
ROCE
12%
ROIC
7%
Country IN
Market Cap 1.9T INR
ROE
-4%
ROA
-1%
ROCE
8%
ROIC
43%
Country KR
Market Cap 28.5T KRW
ROE
2%
ROA
1%
ROCE
4%
ROIC
2%
Country JP
Market Cap 2.9T JPY
ROE
12%
ROA
5%
ROCE
7%
ROIC
5%
Country US
Market Cap 18.6B USD
ROE
23%
ROA
14%
ROCE
20%
ROIC
16%

Free Cash Flow

Free cash flow (FCF) is the money a company has left over after paying its operating expenses and capital expenditures. The more free cash flow a company has, the more it can allocate to dividends, paying down debt, and growth opportunities.

If a company has a decreasing free cash flow, that is not necessarily bad if the company is investing in its growth.

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