MT Q3 2024 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q3 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$15.2B-8.5% YoY

Gross Profit

$15.2B100.0% margin

Operating Income

$663M4.4% margin

Net Income

$287M1.9% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$360M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$93.2B

Total Liabilities

$37.8B

Stockholders' Equity

$53.3B

Cash & Equivalents

$5.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15.2B	$16.6B	-8.5%
Gross Profit	$15.2B	$16.0B	-4.8%
Operating Income	$663M	$1.2B	-44.9%
Net Income	$287M	$929M	-69.1%