ArcelorMittal Profit Margin 2010-2023 | MT
Current and historical gross margin, operating margin and net profit margin for ArcelorMittal (MT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. ArcelorMittal net profit margin as of December 31, 2023 is 1.35%.
| ArcelorMittal Annual Profit Margins |
| ArcelorMittal Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Steel Producers |
$20.448B |
$68.275B |
|
ArcelorMittal is the world's leading steel and mining company. It operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. It is the leader in all the main sectors automotive, household appliances, packaging and construction.ArcelorMittal's steel-making operations have significant geographic diversification with crude steel produced in the Americas, Europe and other countries. Long-term contracts add to the stability of the company's business. ArcelorMittal has changed its organizational structure, to reduce organizational complexity and simplify processes. The new reporting segments now include - North American Free Trade Agreement, Brazil, Europe and Asia Africa and CIS/ACIS with the Mining segment remaining unchanged. ArcelorMittal maintains a strategy of selective divestment of non-core assets.
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