ArcelorMittal Roe from 2010 to 2024

MT Stock  USD 25.29  0.21  0.84%   
ArcelorMittal ROE yearly trend continues to be comparatively stable with very little volatility. ROE will likely drop to 0.02 in 2024. From the period from 2010 to 2024, ArcelorMittal ROE quarterly data regression had r-value of  0.31 and coefficient of variation of  449.73. View All Fundamentals
 
ROE  
First Reported
2010-12-31
Previous Quarter
0.01703082
Current Value
0.0162
Quarterly Volatility
0.15626933
 
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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 Roe Growth Pattern

Below is the plot of the Roe of ArcelorMittal SA ADR over the last few years. It is ArcelorMittal's ROE 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.
Roe10 Years Trend
Slightly volatile
   Roe   
       Timeline  

ArcelorMittal Roe Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.07
Coefficient Of Variation449.73
Mean Deviation0.10
Median0.02
Standard Deviation0.16
Sample Variance0.02
Range0.7316
R-Value0.31
Mean Square Error0.02
R-Squared0.09
Significance0.27
Slope0.01
Total Sum of Squares0.34

ArcelorMittal Roe History

2024 0.0162
2023 0.017
2022 0.18
2021 0.42
2020 -0.0151
2019 -0.0621

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Roe, 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
ROE 0.02  0.02 

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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.