ArcelorMittal Pretax Profit Margin from 2010 to 2024

MT Stock  USD 25.28  0.72  2.93%   
ArcelorMittal Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin will likely drop to 0.02 in 2024. From the period from 2010 to 2024, ArcelorMittal Pretax Profit Margin quarterly data regression had mean square error of  0.01 and mean deviation of  0.06. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.01845478
Current Value
0.0175
Quarterly Volatility
0.08830507
 
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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 0.33, Dividend Yield of 0.0289 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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of ArcelorMittal SA ADR over the last few years. It is ArcelorMittal's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

ArcelorMittal Pretax Profit Margin Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation247.99
Mean Deviation0.06
Median0.02
Standard Deviation0.09
Sample Variance0.01
Range0.3537
R-Value0.27
Mean Square Error0.01
R-Squared0.07
Significance0.33
Slope0.01
Total Sum of Squares0.11

ArcelorMittal Pretax Profit Margin History

2024 0.0175
2023 0.0185
2021 0.24
2020 0.0204
2019 -0.0274
2018 0.0655
2017 0.0729

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Pretax Profit Margin, 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
Pretax Profit Margin 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.