Inferra AI / Company / MT

ArcelorMittal

MT · Materials

Last earnings Jul 31, 2026

Important announcements

Key results

Revenuequarter

$30.7 billion

ArcelorMittal had sales of $30.7 billion, steel shipments of 27.4 million tonnes, crude steel production of 29.2 million tonnes and iron ore production of 23.6 million tonnes (Mining segment iron ore production of 16.7 million tonnes) for the six months ended June 30, 2025, as compared to sales of $32.5 billion, steel shipments of 27.3 million tonnes, crude steel production of 29.1 million tonnes and iron ore production of 19.7 million tonnes (Mining segment iron ore production of 12.4 million tonnes) for the six months ended June 30, 2024.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Operating incomequarter

$1.9 billion

Operating income in the first half of 2025 included a $1.9 billion bargain purchase gain upon the acquisition of the remaining 50% equity stake in AMNS Calvert, partially offset by a $0.4 billion final settlement of the purchase price of Votorantim's long business in Brazil and $0.2 billion impairments related to the announced divestment of the Company's steel and mining operations in Bosnia (see note 5 to the condensed consolidated financial statements).

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Operating income in the first half of 2025 included a $1.9 billion bargain purchase gain upon the acquisition of the remaining 50% equity stake in AMNS Calvert.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Operating income decreased mainly due to a $0.4 billion final settlement of the purchase price of Votorantim's long business in Brazil.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Operating income decreased by 8.7% primarily due to $0.2 billion impairments related to the announced divestment of the Company's steel and mining operations in Bosnia.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

AI analysis

Q2 2025 · reported Aug 1, 2025

Based on: Earnings release — transcript not held

Revenue · Q2 2025
$30.7B
6-K · Aug 1, 2025
Operating income · Q2 2025
$1.9B
6-K · Aug 1, 2025

Headline figures

MetricQ2 2025Prior qtrYear ago
Revenue$30.7 billion——
Operating income$1.9 billion——

6-K · Aug 1, 2025

Guidance · company-stated

No guidance located in the held release

Outlook statement

“This has complicated the monetary policy outlook, with expectations for rate cuts fading as inflation has remained more persistent than previously expected.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

This report includes net debt, gearing and operating working capital, which are non-GAAP financial measures.

ArcelorMittal believes net debt, gearing and operating working capital to be relevant to enhance the understanding of its financial position and provide additional information to investors and management with respect to the Company's operating cash flows, capital structure and credit assessment.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Form 20-F Form 40-F The following report on Form 6-K shall be deemed to be incorporated by reference in the registration statement on Form F-3 (No

Based on: Earnings release — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

This report includes net debt, gearing and operating working capital, which are non-GAAP financial measures.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

ArcelorMittal believes net debt, gearing and operating working capital to be relevant to enhance the understanding of its financial position and provide additional information to investors and management with respect to the Company's operating cash flows, capital structure and credit assessment.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Elevated uncertainty added downside risk to steel demand due to its negative impact on business investment as businesses were pushed into wait-and-see mode and have postponed capital expenditures.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Increased global trade barriers, in addition to high volatility from changing policy announcements, providing significant headwinds to investment as businesses were in a wait-and-see mode and delayed capital expenditures, negatively impacting economic growth.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Strategy & priorities

In 2025, the Company is focused on setting the foundations for change across the whole Group.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

The Company considered AMNS Calvert (on June 18, 2025, the Company acquired the remaining equity stake; see "Key transactions and events" and note 3 to the interim condensed consolidated financial statements) and considers AMNS India joint ventures to be of particular strategic importance, warranting more detailed disclosures to improve the understanding of their operational performance and value to the Company.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Risks & headwinds

tariff policy uncertainty impacted the global economy and steel market.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

"reciprocal" tariffs against its major trade partners, particularly during the second quarter of 2025, including Canada, Mexico, the European Union ("EU"), and Asia Pacific especially China.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

In addition to "reciprocal" tariffs, product-based tariffs such as 50% on steel and aluminum and 25% on automotive and parts, added another layer of complication.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Elevated uncertainty added downside risk to steel demand due to its negative impact on business investment as businesses were pushed into wait-and-see mode and have postponed capital expenditures.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

The high degree of uncertainty caused by U.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

tariffs on European auto exports, negatively impacted real demand.

SEC original ↗ArcelorMittal — Earnings release (6-K report)6-KAug 1, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

93 documents

Earnings releases

30 documents

Presentations

0 documents

No presentations for ArcelorMittal are held in this edition of the library.

Transcripts

0 documents

No transcripts for ArcelorMittal are held in this edition of the library.

Mentioned by

2 companies

Other tracked companies whose held documents mention ArcelorMittal by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.