
ArcelorMittal S.A.
MTFinancial 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
62,500
Gross Profit
5,775
Gross Margin
8.5%
Operating Income
2,340
Operating Margin
3.4%
Net Income
919
Net Margin
1.3%
EPS (Basic)
$1.09
EPS (Diluted)
$1.09
EBITDA
5,579
EBITDA Margin
8.2%
2022
12/31/2022
Revenue
79,844
Cost of Revenue
65,883
Gross Profit
13,961
Gross Margin
17.5%
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
14,234
EBITDA Margin
17.8%
2021
12/31/2021
Revenue
76,571
Cost of Revenue
57,524
Gross Profit
19,047
Gross Margin
24.9%
Operating Income
16,976
Operating Margin
22.2%
Net Income
14,956
Net Margin
19.5%
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
48,625
Gross Profit
4,645
Gross Margin
8.7%
Operating Income
2,110
Operating Margin
4.0%
Net Income
-733
Net Margin
-1.4%
EPS (Basic)
$-0.51
EPS (Diluted)
$-0.51
EBITDA
5,258
EBITDA Margin
9.9%