ArcelorMittal - New York Shares - Level III (MT) has a ROE of 5.29%, below the Materials sector average of 19.5%.
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+ Follow5.29%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
ArcelorMittal - New York Shares - Level III posts a ROE of 5.29%. That is below the Materials sector average of 19.5%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Materials stocks, a ROE near 19.5% is typical. ArcelorMittal - New York Shares - Level III's 5.29% is lower that level. That is roughly 72.9% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
ArcelorMittal - New York Shares - Level III's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 5.29%; use YoY and peer views to separate noise from signal.
Context for MT's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 19.5%), and (3) consistency with growth and profitability. This page covers the first two; ArcelorMittal - New York Shares - Level III's other metric pages and overview cover the third.
Judging ArcelorMittal - New York Shares - Level III against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in ROE easier to interpret. Start with 5.29% here, then scan peer and history charts to see if the gap is persistent.