ArcelorMittal Income Before Tax from 2010 to 2024

MT Stock  USD 25.29  0.21  0.84%   
ArcelorMittal Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 1.2 B in 2024. From the period from 2010 to 2024, ArcelorMittal Income Before Tax quarterly data regression had mean square error of 33762070.5 T and mean deviation of  4,333,813,333. View All Fundamentals
 
Income Before Tax  
First Reported
1999-03-31
Previous Quarter
787 M
Current Value
614 M
Quarterly Volatility
2.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 655.6 M or Total Revenue of 59.6 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0249 or PTB Ratio of 0.42. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
Check out the analysis of ArcelorMittal Correlation against competitors.

Latest ArcelorMittal's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of ArcelorMittal SA ADR over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on ArcelorMittal income statement and is an important metric when analyzing ArcelorMittal SA ADR profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is ArcelorMittal's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcelorMittal's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

ArcelorMittal Income Before Tax Regression Statistics

Arithmetic Mean2,027,400,000
Coefficient Of Variation311.42
Mean Deviation4,333,813,333
Median1,197,000,000
Standard Deviation6,313,789,770
Sample Variance39863941.3T
Range25.5B
R-Value0.46
Mean Square Error33762070.5T
R-Squared0.21
Significance0.08
Slope652,435,714
Total Sum of Squares558095177.6T

ArcelorMittal Income Before Tax History

20241.2 B
20231.3 B
202211.3 B
202118 B
20201.1 B
2019-1.9 B
2018B

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may analyze each financial statement separately, they are all interrelated. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses on on ArcelorMittal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax1.3 B1.2 B

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Additional Tools for ArcelorMittal Stock Analysis

When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.