ArcelorMittal S.A. (MT)
Materials · NYQ · US
Price as at 1 Oct 2026, 01:16 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
ArcelorMittal S.A. trades at $66.74, which is 46% above the $36.35 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 29 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 29.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MT dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.450 | 3 |
| 2025 | $0.550 | 2 |
| 2024 | $0.500 | 2 |
| 2023 | $0.440 | 2 |
| 2022 | $0.380 | 1 |
| 2021 | $0.300 | 1 |
| 2019 | $0.200 | 1 |
| 2018 | $0.100 | 1 |
| 2015 | $0.457 | 1 |
| 2014 | $0.457 | 1 |
| 2013 | $0.457 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MT earnings and analyst estimates
Recommendation mix, 8 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About ArcelorMittal S.A.
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MT passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
9 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$20.47M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$14.32M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$11.24M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$11.17M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$6.09M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in MT
Trades in MT disclosed by members of Congress and executive-branch officials, latest first:
- Alan Armstrong · SenateBuy · $1,001 - $15,000 · traded 30 Mar 2026 · disclosed 21 Jul 2026
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
MT peers
The largest companies in the same industry (Steel), then in the same sector.
- RS Reliance, Inc.
- PKX POSCO Holdings Inc.
- GGB Gerdau S.A.
- CLF Cleveland-Cliffs Inc.
- ERELY Eregli Demir ve Çelik Fabrikalari T.A.S.
- SGM.AX Sims Limited
- NWPX NWPX Infrastructure, Inc.
- YKCLY Yamato Kogyo Co., Ltd.
Every materials company we cover is on the Materials hub.
Common questions
Is ArcelorMittal S.A. (MT) undervalued?
Against our fair value estimate of $36.35, MT at $66.74 is 46% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MT?
9 of the institutions we track reported a position in MT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MT's P/E ratio?
MT trades at 29.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does ArcelorMittal S.A. (MT) pay a dividend?
Yes. ArcelorMittal S.A. yields 0.88% at the current share price. It has paid $0.725 per share over the trailing twelve months. It has paid a dividend in each of the last 5 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does MT report earnings next?
ArcelorMittal S.A. is scheduled to report on 5 Nov 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its MT data?
Fundamentals for MT come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:16 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.