MT Q2 2023 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q2 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$18.6B-16.0% YoY

Gross Profit

$17.9B96.3% margin

Operating Income

$1.9B10.3% margin

Net Income

$1.9B10.0% margin

EPS (Diluted)

$3.47

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$2.1B

Free Cash Flow

$1.0B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$95.4B

Total Liabilities

$37.5B

Stockholders' Equity

$55.7B

Cash & Equivalents

$5.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18.6B	$22.1B	-16.0%
Gross Profit	$17.9B	$21.5B	-16.5%
Operating Income	$1.9B	$4.5B	-57.2%
Net Income	$1.9B	$3.9B	-52.6%