MT Q1 2023 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q1 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$18.5B-15.3% YoY

Gross Profit

$1.8B9.8% margin

Operating Income

$1.2B6.4% margin

Net Income

$1.1B5.9% margin

EPS (Diluted)

$1.27

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$949M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$95.3B

Total Liabilities

$39.1B

Stockholders' Equity

$54.0B

Cash & Equivalents

$6.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18.5B	$21.8B	-15.3%
Gross Profit	$1.8B	$21.2B	-91.4%
Operating Income	$1.2B	$4.4B	-73.1%
Net Income	$1.1B	$4.1B	-73.4%