ArcelorMittal Historical Income Statement
| MT Stock | USD 25.29 0.21 0.84% |
Historical analysis of ArcelorMittal income statement accounts such as Gross Profit of 9.2 B, Other Operating Expenses of 44.1 B or Operating Income of 3.8 B can show how well ArcelorMittal SA ADR performed in making a profits. Evaluating ArcelorMittal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ArcelorMittal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ArcelorMittal SA ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ArcelorMittal SA ADR is a good buy for the upcoming year.
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About ArcelorMittal Income Statement Analysis
ArcelorMittal SA ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ArcelorMittal shareholders. The income statement also shows ArcelorMittal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ArcelorMittal Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ArcelorMittal SA ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ArcelorMittal SA ADR minus its cost of goods sold. It is profit before ArcelorMittal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ArcelorMittal SA ADR. It is also known as ArcelorMittal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on ArcelorMittal SA ADR income statement and represents the costs associated with goods and services ArcelorMittal provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from ArcelorMittal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ArcelorMittal SA ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, ArcelorMittal's Depreciation And Amortization is comparatively stable compared to the past year. Gross Profit is likely to gain to about 9.2 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 44.1 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 57.3B | 67.3B | 63.5B | 50.5B | EBITDA | 19.1B | 12.9B | 3.5B | 3.3B |
ArcelorMittal income statement Correlations
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ArcelorMittal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 171.9K | 3.0B | 2.5B | 2.6B | 2.7B | 2.8B | |
| Interest Expense | 607M | 421M | 278M | 213M | 715M | 655.6M | |
| Total Revenue | 70.6B | 53.3B | 76.6B | 79.8B | 68.3B | 59.6B | |
| Gross Profit | 67.5B | 4.1B | 19.2B | 12.5B | 4.7B | 9.2B | |
| Other Operating Expenses | 3.1B | 51.2B | 59.6B | 69.6B | 65.9B | 44.1B | |
| Operating Income | (1.3B) | (1.3B) | 17.0B | 10.3B | 2.3B | 3.8B | |
| Ebit | 3.7B | 2.3B | 16.6B | 10.3B | 791M | 751.5M | |
| Ebitda | 3.7B | 5.3B | 19.1B | 12.9B | 3.5B | 3.3B | |
| Cost Of Revenue | 3.1B | 49.1B | 57.3B | 67.3B | 63.5B | 50.5B | |
| Total Operating Expenses | 2.4B | 2.0B | 2.3B | 2.3B | 2.4B | 2.7B | |
| Income Before Tax | (1.9B) | 1.1B | 18.0B | 11.3B | 1.3B | 1.2B | |
| Total Other Income Expense Net | (607M) | (1.0B) | 1.0B | 983M | (1.1B) | (1.0B) | |
| Net Income | (2.4B) | (578M) | 20.5B | 9.3B | 919M | 873.1M | |
| Income Tax Expense | 459M | 1.7B | (2.5B) | 1.7B | 238M | 194.1M | |
| Selling General Administrative | 2.4B | 2.0B | 2.0B | 2.0B | 2.4B | 2.7B | |
| Net Income Applicable To Common Shares | (2.5B) | (733M) | 15.0B | 9.3B | 10.7B | 11.2B | |
| Minority Interest | 2.0B | 2.0B | (609M) | (236M) | (89M) | (84.6M) | |
| Research Development | 290M | 301M | 245M | 286M | 299M | 289.4M | |
| Net Income From Continuing Ops | (2.4B) | (578M) | 15.6B | 9.5B | 4.2B | 2.6B | |
| Tax Provision | 459M | 1.7B | (2.5B) | 1.7B | 657M | 356.4M | |
| Interest Income | 576M | 1.0B | 1.0B | 983M | 570M | 769.8M | |
| Net Interest Income | (1.3B) | (1.2B) | (956M) | (510M) | (511M) | (536.6M) | |
| Reconciled Depreciation | 3.1B | 3.0B | 2.3B | 3.6B | 2.6B | 3.2B |
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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.