OverviewSuggest Edit

ArcelorMittal is a company that owns and operates steel manufacturing and mining facilities. It produces finished and semi-finished steel products with various specifications. In addition, the company provides a range of mining products such as iron ore lump, fines, pellets, sinter feed and coking, pulverized coal injection, and thermal coal. ArcelorMittal serves the automotive, appliance, engineering, construction, energy, and machinery industries.
TypePublic
Founded2006
HQLuxembourg, LU
Websitecorporate.arcelormittal.com

Latest Updates

Employees (est.) (Dec 2020)167,743(-12%)
Job Openings128
Revenue (FY, 2020)$53.3 B(-24%)
Share Price (Jun 2021)$32.7(-1%)
Cybersecurity ratingCMore

Key People/Management at ArcelorMittal

Aditya Mittal

Aditya Mittal

Chief Executive Officer
Lakshmi Mittal

Lakshmi Mittal

Executive Chairman
Brian Aranha

Brian Aranha

Executive Vice President, Head of Strategy, CTO, R&D, CCM, Global Automotive, Communications and Corporate Responsibility
Genuino M. Christino

Genuino M. Christino

Executive Vice President - Chief Financial Officer
Jefferson de Paula

Jefferson de Paula

Executive Vice President, CEO - ArcelorMittal South America Long
Geert van Poelvoorde

Geert van Poelvoorde

Executive Vice President, CEO ArcelorMittal Europe
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ArcelorMittal Office Locations

ArcelorMittal has offices in Luxembourg, Bissen, Chicago, Columbus and in 101 other locations
Luxembourg, LU (HQ)
24 Boulevard d'Avranches
Bissen, LU
Route de Finsterthal
Annaba, DZ
Complexe Sidérurgique El-Hadjar BP 2055
La Tablada, AR
Av. Dr. Ignacio Arieta 4936
Edinburgh North, AU
4 Kingstag Cres
Salzburg, AT
Vogelweiderstraße 66
Show all (108)

ArcelorMittal Financials and Metrics

ArcelorMittal Revenue

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ArcelorMittal's revenue was reported to be $53.27 b in FY, 2020 which is a 24.6% decrease from the previous period.
USD

Revenue (FY, 2020)

53.3b

Revenue growth (FY, 2019 - FY, 2020), %

(24.6%)

Gross profit (FY, 2020)

4.1b

Gross profit margin (FY, 2020), %

7.8%

Net income (FY, 2020)

(578.0m)

EBIT (FY, 2020)

2.1b

Market capitalization (7-Jun-2021)

33.9b

Closing stock price (7-Jun-2021)

32.7

Cash (31-Dec-2020)

5.6b

EV

40.6b
ArcelorMittal's current market capitalization is $33.9 b.
USDFY, 2018FY, 2019FY, 2020

Revenue

76.0b70.6b53.3b

Revenue growth, %

(7%)(25%)

Cost of goods sold

67.0b68.9b49.1b

Gross profit

9.0b1.7b4.1b
USDFY, 2018FY, 2019FY, 2020

Cash

2.2b4.9b5.6b

Accounts Receivable

4.4b3.6b3.1b

Prepaid Expenses

2.8b2.8b2.3b

Inventories

20.7b17.3b12.3b
USDFY, 2018FY, 2019FY, 2020

Net Income

5.3b(2.4b)(578.0m)

Depreciation and Amortization

2.8b3.1b3.0b

Inventories

(4.7b)2.5b1.8b

Accounts Payable

914.0m(1.2b)(214.0m)
USDFY, 2018

EV/EBIT

4.8 x

EV/CFO

7.4 x

Revenue/Employee

374.8k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.1 x

P/E Ratio

4.1
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ArcelorMittal Operating Metrics

FY, 2018FY, 2019FY, 2020

Coal Produced, tonnes

5.9 m5.5 m5.5 m

Facilities

720

Inferred Mineral Resources, tonnes

4.3 b4.41 b4.29 b

Measured and Indicated Mineral Resources, tonnes

6.86 b7.66 b6.94 b
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ArcelorMittal Acquisitions / Subsidiaries

Company NameDateDeal Size
ILVA S.p.A.November 01, 2018
ExosunJanuary 04, 2018
Thyssenkrupp Steel USANovember 29, 2013$1.55 b
Baffinland Iron Mines Corp.February 17, 2011
Dubai Steel Trading CompanyJanuary 31, 2009
Galvex OÜMarch 17, 2008
Eisen WagnerFebruary 01, 2008
Cinter S.A.December 31, 2007
M.T. Majdalani Y Cia. S.A.December 11, 2007
Vallourec Composants Automobiles VitryDecember 11, 2007
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ArcelorMittal Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

ArcelorMittal Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ArcelorMittal Online and Social Media Presence

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ArcelorMittal News and Updates

ArcelorMittal makes first investment through its XCarb™ innovation fund

Initial $10 million investment part of broader partnership established with Heliogen

ArcelorMittal Seeks EU Consent to Buy Gupta’s French Steel Mills

ArcelorMittal is seeking approval from EU regulators after bidding to buy French steel assets from Sanjeev Gupta.

ArcelorMittal Canada reaches tentative deal with striking United Steelworkers

The Canadian arm of Luxembourg-based ArcelorMittal has over the weekend reached tentative agreement with five locals of the United Steelworkers Union, representing about 2,500 striking workers in northern Quebec, on terms for a new collective agreement.

Авария на комбинате «АрселорМиттал Темиртау»: двое госпитализированы

В одном из цехов металлургического комбината компании «АрселорМиттал Темиртау» в Карагандинской области поздним вечером 25 мая произошла авария. Двое рабочих «госпитализированы в реанимацию с ожогами 3-й и 4-й степени», их состояние оценивается как тяжелое, сообщили Азаттыку в управлении здравоохран…

ArcelorMittal Locomotives Collide, 14 Person Injured

Two locomotives belonging to ArcelorMittal have collided head-on leading to the injury of 14 persons.
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ArcelorMittal Blogs

ArcelorMittal’s Olympic hopeful

You’re either born with a talent for pole vaulting, or you’re not. To be a world-class pole vaulter, you need be fast and physically very well coordinated. You also need to a natural risk-taker – and start training by the … Continue reading →

The path to low-carbon steelmaking: there are contradictions, but conversation can help resolve them

  We live in a world of paradoxes. For steelmakers like ArcelorMittal, this is true for two important reasons: Paradox 1: A low-carbon world needs steel, but producing it today emits significant amounts of CO2 A low-carbon world with a … Continue reading →

3D printing the future

Sheila Díaz Vaquero is a research engineer at ArcelorMittal Global R&D Asturias in Avilés, Spain. She is researching new applications for 3D printing technology to improve the company’s steel production processes and the products it makes. She shares her experience … Continue reading →

ArcelorMittal Frequently Asked Questions

  • When was ArcelorMittal founded?

    ArcelorMittal was founded in 2006.

  • Who are ArcelorMittal key executives?

    ArcelorMittal's key executives are Aditya Mittal, Lakshmi Mittal and Brian Aranha.

  • How many employees does ArcelorMittal have?

    ArcelorMittal has 167,743 employees.

  • What is ArcelorMittal revenue?

    Latest ArcelorMittal annual revenue is $53.3 b.

  • What is ArcelorMittal revenue per employee?

    Latest ArcelorMittal revenue per employee is $317.6 k.

  • Who are ArcelorMittal competitors?

    Competitors of ArcelorMittal include Jindal Steel and Power, thyssenkrupp and Nucor.

  • Where is ArcelorMittal headquarters?

    ArcelorMittal headquarters is located at 24 Boulevard d'Avranches, Luxembourg.

  • Where are ArcelorMittal offices?

    ArcelorMittal has offices in Luxembourg, Bissen, Chicago, Columbus and in 101 other locations.

  • How many offices does ArcelorMittal have?

    ArcelorMittal has 108 offices.