ArcelorMittal (MT) Financials

ArcelorMittal (MT) is a global leader in the steel industry and operates in more than 60 countries. The company's financials are a key indicator of its performance and provide insights into its profitability, liquidity, and overall financial health. When analyzing ArcelorMittal's income statement, it is important to look at various metrics such as revenue, gross profit, EBIT (earnings before interest and taxes), and net income from stockholders. These figures allow investors to assess the company's ability to generate profits and distribute returns to shareholders. In its most recent financials, ArcelorMittal reported total revenue of $70.6 billion, with a gross profit of $12.8 billion. The company's EBIT was $5.6 billion, while net income from stockholders amounted to $2.5 billion.

Moving on to the balance sheet, ArcelorMittal's total assets stood at $83 billion, which includes cash equivalents of $3.4 billion. The company's total debt was $16.7 billion, resulting in a net debt of $13.3 billion. Stockholders' equity, on the other hand, accounted for $32.1 billion. These figures highlight the company's financial position and its ability to meet its debt obligations while maintaining a solid shareholder base. In terms of cash flow, ArcelorMittal's operating cash flow was $4.9 billion, indicating its ability to generate cash from its core operations. The company's investing cash flow amounted to $2.3 billion, reflecting its investments in fixed assets and acquisitions. Lastly, its financing cash flow was $1.8 billion, which includes activities such as debt repayments and dividend payments. Overall, ArcelorMittal's financials demonstrate its robust performance in the steel industry and its commitment to delivering value to its shareholders.