ArcelorMittal annual operating margin
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
ArcelorMittal Operating Margin Growth & History (MT)
ArcelorMittal's operating margin was 5.91% for fiscal 2025.
View full ArcelorMittal company overviewArcelorMittal annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.91% | +0.61 pp |
| 2024 | 2024-12-31 | 5.30% | +1.87 pp |
| 2023 | 2023-12-31 | 3.43% | −9.44 pp |
| 2022 | 2022-12-31 | 12.87% | −9.31 pp |
| 2021 | 2021-12-31 | 22.17% | +18.21 pp |
| 2020 | 2020-12-31 | 3.96% | +4.85 pp |
| 2019 | 2019-12-31 | −0.89% | −9.49 pp |
| 2018 | 2018-12-31 | 8.60% | +0.69 pp |
| 2017 | 2017-12-31 | 7.91% | +0.59 pp |
| 2016 | 2016-12-31 | 7.33% | +13.87 pp |
| 2015 | 2015-12-31 | −6.54% | — |
ArcelorMittal quarterly operating margin
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.29% | −5.84 pp |
| Q1 2026 | 2026-03-31 | 4.87% | — |
| Q4 2025 | 2025-12-31 | −12.29% | — |
| Q3 2025 | 2025-09-30 | 3.47% | — |
| Q2 2025 | 2025-06-30 | 12.13% | — |
ArcelorMittal operating margin trends
Over the last five fiscal years, ArcelorMittal's operating margin increased from 3.96% to 5.91%, a change of +1.95 percentage points. The latest reported quarter, Q2 2026, shows 6.29%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review ArcelorMittal source filings ↗Community posts
ArcelorMittal cannot restart Ukrainian plant and expects $1 billion impairment
ArcelorMittal ($MT) said it cannot restart its Kryvyi Rih operation in Ukraine safely and sustainably after four missile strikes in five weeks. The company reported five deaths, 17 injuries and extensive damage to production facilities. It ...
