ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25
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+ FollowMarket Cap$48.26B
Close$
Earnings Call Q2 2024
August 1, 2024 - AI Summary
ArcelorMittal's financial performance in the first half of 2024 showed resilience despite macro and nickel challenges, with EBITDA/tonne of $140.
The company expects Europe to face a challenging market backdrop, but still anticipates flat or slightly positive apparent steel consumption in the second half of the year. Restocking is also expected to occur after years of destocking.
In the U.S., ArcelorMittal has seen prices decline significantly below IPP, but expects them to rebalance in the future.
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Share Statistics
| Market cap | $48.26 Billion |
|---|---|
| Enterprise Value | $57.78 Billion |
| Annual dividend | $0.69 |
| Dividend yield | 0.56% |
| Earnings per Share | $- |
| Beta | 0 |
| Outstanding Shares | - |
Return
| Return on Equity | 3.31% |
|---|---|
| Return on Assets | 1.83% |
| Return on Invested Capital | 5.49% |
Valuation & Multiples
| P/E Ratio | - |
|---|---|
| PEG | - |
| Price to Sales | - |
| Price to Book Ratio | - |
| Enterprise Value to Revenue | 0.92 |
| Enterprise Value to EBIT | 13.72 |
| Enterprise Value to Net Income | 31 |
| Total Debt to Enterprise | 0.25 |
| Debt to Equity | 0.26 |
Revenue Sources
No data
Institutional Sentiment (Put/Call)
No data available for the latest quarter.
Institutional Ownership
No data available for the latest quarter.
About ArcelorMittal
168,000 employees
CEO: Lakshmi Mittal
ArcelorMittal South Africa Ltd is engaged in the manufacturing and distribution of a variety of steel products, encompassing both flat and long forms. The company's business activities are structured across its Steel Operations, Non-Stee...