Companies /Basic Materials

ArcelorMittal

NYSE: MT Steel
$61.30
▼ $1.02 (−1.64%) today
Markets closed · 9:10pm ET

24/7 Wall St. View

MT at a Glance

Valuation
Market cap
$46.9B
P/E ratio
26.3
Dividend yield
0.92%
Profitability
Revenue (TTM)
$62.8B
Profit margin
2.9%
EPS (TTM)
$2.37
Price
52-week range
$36 – $80
24/7 target
$61.44
Street target
$77.80
Earnings
Next report
Nov 5, 2026

Headquartered in Boulevard D?avranches, Luxembourg Fiscal year ends December NYSE: MT corporate.arcelormittal.com

About ArcelorMittal

ArcelorMittal is one of the world's integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. The company sells its products to diverse customers including the automotive, engineering, construction and machinery industries. In 2025, ArcelorMittal generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. The company focuses on producing steel using innovative processes that use less energy, emit less carbon, and reduce costs, including steels for renewable energy infrastructure. ArcelorMittal is listed on the stock exchanges of New York, Amsterdam, Paris, Luxembourg, and multiple Spanish exchanges. Updated

Latest Activity

Biggest movers · On the open
  • ACNAccenture$224.22+22.3%
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  • APPSDigital Turbine$11.87+6.9%
  • MCKMcKesson$904.75+6.0%
  • IBMIBM$232.95+5.9%
  • CTVACorteva$13.96-82.0%
  • NWGNatWest Group$17.54-3.4%
  • MTArcelorMittal$64.71-3.0%
  • HSBCHSBC$96.31-3.0%
  • APDAir Products & Chemicals$270.24-2.9%

Accenture opened 22% higher, a move you almost never see from a mega-cap IT services name, while Corteva dropped 82% to $13.96 at the other end of the board. Synopsys, McKesson and IBM round out a gainers list that is all up at least 5.9%.

MT Coverage

12:40pm ET
Investing

Earnings Previews: ArcelorMittal, Hut 8

Here's a look at two companies, a cryptocurrency miner and one of the world's largest steelmakers, expected to report quarterly results before the markets open on Thursday.

Paul Ausick
12:41pm ET
Commodities & Metals

Why Mining and Metal Stocks Are Setting New Highs

Materials and metals stocks had a good year in 2020 and are getting off to a good start in 2021 on investor optimism for a large and rapidly enacted infrastructure program from…

Paul Ausick
10:30am ET
Commodities & Metals

US Steel Gets Burned by Updated Guidance

U.S. Steel shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this stock is headed even lower, after…

Chris Lange

Frequently Asked Questions

What does ArcelorMittal do?

ArcelorMittal is one of the world's integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India.

What is the MT stock price target?

24/7 Wall St.'s 12-month price target for MT is $61.44, rated Hold. The Wall Street consensus target is $77.80. MT price prediction →