ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25 (MTCN) has a ROE of 3.31%, below the Materials sector average of 19.44%.
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+ Follow3.31%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25's return on equity stands at 3.31%. That is below the Materials sector average of 19.44%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25 sits lower the Materials benchmark (19.44%) with a ROE of 3.31%. That is roughly 83.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 3.31% for ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25 means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25's ROE evolved across reporting periods, while the comparison chart places MTCN next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Materials, ROE is commonly used to spot outliers. ArcelorMittal - 5.50% NT CONVERT 18/05/2023 USD 25's reading of 3.31% (sector avg 19.44%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.