ArcelorMittal S.A.

MT

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
62,441
Cost of Revenue
56,653
Gross Profit
5,788
Gross Margin
9.3%
Operating Income
3,310
Operating Margin
5.3%
Net Income
1,339
Net Margin
2.1%
EPS (Basic)
$1.70
EPS (Diluted)
$1.69
EBITDA
6,057
EBITDA Margin
9.7%

2023

12/31/2023

Revenue
68,275
Cost of Revenue
63,538
Gross Profit
4,737
Gross Margin
6.9%
Operating Income
2,340
Operating Margin
3.4%
Net Income
919
Net Margin
1.3%
EPS (Basic)
$1.09
EPS (Diluted)
$1.09
EBITDA
4,650
EBITDA Margin
6.8%

2022

12/31/2022

Revenue
79,844
Cost of Revenue
67,309
Gross Profit
12,535
Gross Margin
15.7%
Operating Income
10,272
Operating Margin
12.9%
Net Income
9,302
Net Margin
11.7%
EPS (Basic)
$10.21
EPS (Diluted)
$10.18
EBITDA
12,919
EBITDA Margin
16.2%

2021

12/31/2021

Revenue
76,571
Cost of Revenue
57,337
Gross Profit
19,234
Gross Margin
25.1%
Operating Income
16,976
Operating Margin
22.2%
Net Income
20,485
Net Margin
26.8%
EPS (Basic)
$18.54
EPS (Diluted)
$18.49
EBITDA
19,148
EBITDA Margin
25.0%

2020

12/31/2020

Revenue
53,270
Cost of Revenue
49,138
Gross Profit
4,132
Gross Margin
7.8%
Operating Income
-1,318
Operating Margin
-2.5%
Net Income
-578
Net Margin
-1.1%
EPS (Basic)
$-0.51
EPS (Diluted)
$-0.51
EBITDA
5,258
EBITDA Margin
9.9%