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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
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2020)167,743(-12%)
Job Openings217
Revenue (FY, 2020)$53.3 B(-24%)
Share Price (Sept 2021)$32.3(-2%)
Cybersecurity ratingCMore

Key People/Management at ArcelorMittal

Aditya Mittal

Aditya Mittal

Chief Executive Officer
Lakshmi Mittal

Lakshmi Mittal

Executive Chairman
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
Simon C. Wandke

Simon C. Wandke

Executive Vice President, CEO - ArcelorMittal Mining
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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
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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 (14-Sept-2021)

33.6b

Closing stock price (14-Sept-2021)

32.3

Cash (31-Dec-2020)

5.6b

EV

40.3b
ArcelorMittal's current market capitalization is $33.6 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 Revenue Breakdown

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ArcelorMittal revenue breakdown by business segment: 9.2% from ACIS, 52.5% from Europe, 10.4% from Brazil, 25.1% from NAFTA and 2.7% from Other

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ArcelorMittal Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

ArcelorMittal Online and Social Media Presence

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ArcelorMittal News and Updates

ArcelorMittal invests $800m in Liberia

Annual production will increase to 15m tonnes during a first phase of expansion and could rise as high as 30m tonnes, ArcelorMittal executive chairman, Lakshmi Mittal stated at the signing ceremony.

Mining & Steel Company ArcelorMittal Plans $9 Billion Renewable Energy Investment In India

One of the world’s largest mining and steel manufacturing companies — ArcelorMittal — has announced grand plans to develop renewable energy assets in India. According to media reports, ArcelorMittal has expressed interest in developing renewable energy projects in the Indian states of Rajasthan and …

ArcelorMittal Nippon Steel starts operations at iron ore mine in Odisha

ArcelorMittal Nippon Steel India (AM/NS India) said on Thursday that it has commenced operations at the Ghoraburhani- Sagasahi iron ore mine in the district of Sundargarh in Odisha.

ArcelorMittal gets support for green steel plant in Hamburg

ArcelorMittal has received German state funding for half the 110 million euros ($131 million) it plans to invest in a demonstration steel plant that will use hydrogen produced with renewable electricity.

ArcelorMittal taps manager for newly launched LatAm startup fund

ArcelorMittal taps manager for newly launched LatAm startup fund

Designated person notification

With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that a notification of a share transaction by a Designated Person (i.e. Directors or Executive Officers) i…
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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 Genuino M. Christino.

  • 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 Alro Slatina, Jindal Steel and Power and thyssenkrupp.

  • 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.