ArcelorMittal Capital Expenditures (CapEx) Growth & History (MT)
ArcelorMittal's capital expenditures (capex) was $4.34B for fiscal 2025.
View full ArcelorMittal company overviewArcelorMittal annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.34B | −$68.0M | −1.54% |
| 2024 | 2024-12-31 | $4.41B | −$208.0M | −4.51% |
| 2023 | 2023-12-31 | $4.61B | $1.15B | +33.02% |
| 2022 | 2022-12-31 | $3.47B | $460.0M | +15.29% |
| 2021 | 2021-12-31 | $3.01B | $569.0M | +23.33% |
| 2020 | 2020-12-31 | $2.44B | −$1.13B | −31.72% |
| 2019 | 2019-12-31 | $3.57B | $267.0M | +8.08% |
| 2018 | 2018-12-31 | $3.31B | $486.0M | +17.24% |
| 2017 | 2017-12-31 | $2.82B | $375.0M | +15.34% |
| 2016 | 2016-12-31 | $2.44B | −$263.0M | −9.72% |
| 2015 | 2015-12-31 | $2.71B | — | — |
ArcelorMittal quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.10B | $216.0M | +24.38% |
| Q1 2026 | 2026-03-31 | $1.27B | — | — |
| Q4 2025 · Dec 31 | 2025-12-31 | $1.25B | — | — |
| Q3 2025 | 2025-09-30 | $1.24B | — | — |
| Q2 2025 | 2025-06-30 | $886.0M | — | — |
ArcelorMittal capital expenditures (capex) trends
Over the last five fiscal years, ArcelorMittal's capital expenditures (capex) increased from $2.44B to $4.34B, a change of $1.90B. The latest reported quarter, Q2 2026, shows $1.10B.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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