MT Q3 2023 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q3 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$16.6B-12.4% YoY

Gross Profit

$16.0B96.0% margin

Operating Income

$1.2B7.2% margin

Net Income

$929M5.6% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

-10.7%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$116M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$93.7B

Total Liabilities

$36.2B

Stockholders' Equity

$55.4B

Cash & Equivalents

$6.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16.6B	$19.0B	-12.4%
Gross Profit	$16.0B	$18.3B	-13.0%
Operating Income	$1.2B	$1.7B	-27.1%
Net Income	$929M	$993M	-6.4%