ArcelorMittal Return On Assets from 2010 to 2024

MT Stock  USD 25.29  0.21  0.84%   
ArcelorMittal Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.01 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit ArcelorMittal SA ADR earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00978524
Current Value
0.009296
Quarterly Volatility
0.0737801
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of ArcelorMittal SA ADR over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. ArcelorMittal's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

ArcelorMittal Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.03
Coefficient Of Variation318.60
Mean Deviation0.05
Median0.01
Standard Deviation0.07
Sample Variance0.01
Range0.3297
R-Value0.32
Mean Square Error0.01
R-Squared0.10
Significance0.25
Slope0.01
Total Sum of Squares0.08

ArcelorMittal Return On Assets History

2024 0.009296
2023 0.009785
2022 0.0984
2021 0.23
2020 -0.007044
2019 -0.0272
2018 0.0564

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets 0.01  0.01 

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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.