MT Q1 2024 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q1 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$16.3B-12.0% YoY

Gross Profit

$16.3B100.0% margin

Operating Income

$1.1B6.6% margin

Net Income

$938M5.8% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

-$100M

Free Cash Flow

-$1.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$91.9B

Total Liabilities

$36.3B

Stockholders' Equity

$53.6B

Cash & Equivalents

$5.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16.3B	$18.5B	-12.0%
Gross Profit	$16.3B	$1.8B	+793.6%
Operating Income	$1.1B	$1.2B	-10.1%
Net Income	$938M	$1.1B	-14.4%