ArcelorMittal (NYSE:MT) Announces Earnings Results, Beats Expectations By $0.30 EPS

ArcelorMittal (NYSE:MT) issued its quarterly earnings data on Thursday. The basic materials company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.30, Briefing.com reports. The company had revenue of $14.97 billion for the quarter, compared to the consensus estimate of $15.56 billion. ArcelorMittal had a net margin of 5.14% and a return on equity of 5.30%. ArcelorMittal’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $0.52 EPS.

Here are the key takeaways from ArcelorMittal’s conference call:

• ArcelorMittal reported strong 2025 results with EBITDA of $6.5bn ($121/ton), $1.9bn of investable cash flow, a proposed base dividend of $0.60 per share and aggressive buybacks that cut shares outstanding ~38% over five years.
• New European trade measures (CBAM and a tariff‑rate quota) materially improve market structure, and the company says it can quickly bring idle European capacity online (e.g., Sestao, Gijón EAF, spare BF capacity) to meet demand.
• Management expects strategic projects and energy‑transition investments to drive future growth—projects added ~$0.7bn EBITDA in 2025 and management targets an additional ~$1.6bn of near‑term EBITDA while keeping CapEx guidance at $4.5–$5bn.
• Management warned of rising raw‑material and CO2 costs in Europe and a pricing lag (full benefit expected more in Q2), so near‑term margin timing is uncertain despite the supportive policy backdrop.
• Ilva faces a legal dispute noted in the press release; ArcelorMittal has taken no provision and expects the matter could take years to resolve, creating potential downside uncertainty.

ArcelorMittal Price Performance

ArcelorMittal stock opened at $61.33 on Friday. The company has a market cap of $47.53 billion, a P/E ratio of 14.96, a price-to-earnings-growth ratio of 0.20 and a beta of 1.52. ArcelorMittal has a one year low of $23.19 and a one year high of $61.36. The business has a fifty day moving average of $48.38 and a two-hundred day moving average of $40.52. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.58 and a current ratio of 1.39.

Trending Headlines about ArcelorMittal

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Q4 earnings beat and return to profit — Adjusted EPS of $0.86 topped estimates (~$0.56), the group swung back to net profit (~$177M) and management flagged improving global steel demand for 2026, supporting near‑term sentiment. Zacks: Q4 Earnings Surpass Estimates
• Positive Sentiment: Stronger core results and commodity tailwinds — Companies noted record iron‑ore shipments and beat EBITDA/profit forecasts, which help offset weaker steel shipments and improve cash flow visibility. Investing.com: Beats Q4 EBITDA Estimates
• Positive Sentiment: Secures long‑term raw material access — ArcelorMittal struck a Liberia pact committing $3.5B to expand iron‑ore output and infrastructure (rights through 2050), which supports long‑term feedstock security and vertical integration. Zacks: Liberia Pact
• Neutral Sentiment: Momentum/valuation coverage — Several outlets highlight MT as a momentum candidate and provide valuation takes after the quarter; these are thematic and more useful for longer‑term positioning than immediate trading. Zacks: Momentum Stock
• Neutral Sentiment: Full disclosure materials available — The earnings call transcript and slide deck were published (useful for modelling guidance and management commentary). Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Revenue missed consensus — Q4 revenue ($14.97B) came in below the ~$15.56B consensus, indicating demand softness that offsets some of the EPS strength. MarketBeat: Q4 Results & Details
• Negative Sentiment: Mixed analyst signals on valuation — Wells Fargo raised its price target to $54 but kept an “equal weight” rating and calculates downside to the current price, signaling limited near‑term upside from that shop. Benzinga: Wells Fargo Price Target Note
• Negative Sentiment: Operational strain in certain regions — South Africa operations narrowed losses by shuttering long‑steel lines, highlighting regional restructuring costs and ongoing patchy demand in some markets. MSN: South Africa Operations

Institutional Trading of ArcelorMittal

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its position in ArcelorMittal by 44.2% during the first quarter. Geneos Wealth Management Inc. now owns 1,635 shares of the basic materials company’s stock worth $47,000 after buying an additional 501 shares during the period. Vident Advisory LLC boosted its stake in shares of ArcelorMittal by 4.8% during the 2nd quarter. Vident Advisory LLC now owns 18,878 shares of the basic materials company’s stock worth $596,000 after acquiring an additional 869 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of ArcelorMittal by 11.6% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,702 shares of the basic materials company’s stock worth $315,000 after acquiring an additional 908 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of ArcelorMittal by 6.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 19,923 shares of the basic materials company’s stock worth $629,000 after acquiring an additional 1,209 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in ArcelorMittal by 3.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 38,288 shares of the basic materials company’s stock valued at $1,384,000 after purchasing an additional 1,259 shares in the last quarter. Institutional investors and hedge funds own 9.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on MT shares. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of ArcelorMittal in a research note on Friday, October 10th. Wall Street Zen lowered ArcelorMittal from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Citigroup reaffirmed a “buy” rating on shares of ArcelorMittal in a report on Thursday, January 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of ArcelorMittal in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ArcelorMittal in a research report on Friday. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $42.73.

ArcelorMittal Company Profile

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.