MT FY 2023 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

FY 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$68.3B-14.5% YoY

Gross Profit

$5.8B8.5% margin

Operating Income

$2.3B3.4% margin

Net Income

$919M1.3% margin

EPS (Diluted)

$1.09

Cash Flow

Operating Cash Flow

$7.6B

Free Cash Flow

$3.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$93.9B

Total Liabilities

$37.8B

Stockholders' Equity

$54.0B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$68.3B	$79.8B	-14.5%
Gross Profit	$5.8B	$14.0B	-58.6%
Operating Income	$2.3B	$10.3B	-77.2%
Net Income	$919M	$9.3B	-90.1%