Is MT a good stock to buy right now?

Based on our 6-factor quantitative model, ArcelorMittal (MT) receives a "Hold" rating with a composite score of 55.8/100. It is ranked #1,130 out of 4,446 stocks. Key factor scores: Quality 37/100, Value 86/100, Momentum 71/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for MT?

ArcelorMittal (MT) has a "Hold" rating and 3-star score. The composite score of 55.8 ranks it #1,130 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is MT in?

ArcelorMittal operates in the Materials sector (Steel Works industry) with a market cap of $41.12 billion. It is classified as a large-cap stock.

Does MT pay a dividend?

MT does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is MT's P/E ratio?

MT has a trailing P/E ratio of 35.23x. The Materials sector average is 26.5x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is MT?

MT's quality factor score is 37/100. Gross margin: 9.3%. ROE: 7.6% vs sector average 3.3%. Margins are moderate to low, reflecting competitive market dynamics.

How is MT valued compared to peers?

MT's value factor score is 86/100 (higher = cheaper). Key multiples: P/E 35.2x, EV/EBITDA 1.9x. The stock appears attractively valued versus peers.

What is MT's debt level?

MT's debt-to-equity ratio is 16%. Sector average: 41%. Low leverage suggests conservative financial management.

MT has a beta of 1.48, meaning it amplifies market moves. Stability score: 52/100.

Does MT have high short interest?

MT's short interest factor score is 41/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

MT Stock Analysis: Hold (Score 55.8/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
MT	+1.25%	+14.59%	+6.82%	+33.07%	+137.99%	-	-	-
Industry Proxy XLB	+0.56%	+3.07%	+4.17%	+14.58%	-33.54%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.32%	+10.98%	+6.48%	+33.43%	+108.47%	-	-	-
Alpha vs Sector	+0.69%	+11.51%	+2.65%	+18.49%	+171.53%	-	-	-

Metric	MT	Benchmark
P/E Ratio	35.2x	+33%
EV/EBITDA	1.9x	-68%
Price / Book	0.6x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CF CF Industries Holdings, Inc.	57	50	72	66	12.5x	21.1%	36.2%	24.9%	5.5%	41.0x	$19.7B	VS
NTR Nutrien Ltd.	57	37	70	64	53.5x	11.5%	29.0%	2.7%	-	52.0x	$35.9B	VS
MT ArcelorMittal	56	37	86	71	35.2x	7.6%	9.3%	2.2%	-	16.0x	$41.1B
UAN CVR PARTNERS, LP	56	50	71	67	12.2x	42.4%	28.5%	17.8%	23.1%	265.0x	$1.3B	VS
LXU LSB INDUSTRIES, INC.	54	50	54	73	39.7x	-3.3%	8.6%	-4.5%	11.0%	85.0x	$1.1B	VS
AA Alcoa Corp	54	50	61	71	19.0x	16.6%	10.0%	8.0%	3.1%	40.0x	$19.0B	VS
MEOH METHANEX CORP	53	34	76	72	23.8x	47.8%	19.1%	6.7%	-	149.0x	$4.6B	VS
NGVT Ingevity Corp	53	50	68	66	53.4x	-638.7%	38.1%	-12.1%	-14.7%	5,459.0x	$2.5B	VS
SEE SEALED AIR CORP/DE	52	50	67	59	11.2x	44.7%	30.2%	10.4%	0.5%	318.0x	$6.2B	VS
ACU ACME UNITED CORP	51	50	71	51	15.9x	9.0%	39.4%	5.2%	-11.5%	45.0x	$171M	VS
APD Air Products & Chemicals, Inc.	51	50	49	50	176.7x	2.4%	31.6%	2.2%	3.9%	114.0x	$64.4B	VS

Key Ratio	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.1%	0.1%	0.1%	0.2%	0.3%	0.1%	0.0%	0.1%	0.1%	0.1%
Operating Margin %	0.1%	0.1%	0.0%	0.1%	0.2%	0.0%	0.1%	0.1%	0.1%	0.1%
EBITDA Margin %	0.1%	0.1%	0.1%	0.2%	0.3%	0.1%	0.1%	0.1%	0.1%	0.1%
Net Margin %	0.0%	0.0%	0.0%	0.1%	0.2%	-0.0%	0.0%	0.1%	0.1%	0.0%
FCF Margin %	-0.2%	-0.2%	4.4%	43.9%	-53.7%	3.5%	3.5%	3.9%	-25.9%	-33.5%
ROE %	0.1%	0.0%	0.0%	0.1%	0.2%	-0.0%	-0.1%	0.1%	0.1%	0.0%
ROA %	0.1%	0.0%	0.0%	0.1%	0.2%	-0.0%	-0.0%	0.1%	0.1%	0.0%
ROIC %	3.4%	3.4%	2.4%	10.8%	18.9%	3.7%	-1.0%	9.9%	8.7%	4.5%

Key Ratio

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.1%

0.2%

0.3%

0.1%

0.0%

0.1%

Operating Margin %

0.1%

0.0%

0.1%

0.2%

0.0%

0.1%

EBITDA Margin %

0.1%

0.2%

0.3%

0.1%

Net Margin %

0.0%

0.1%

0.2%

-0.0%

0.0%

0.1%

0.0%

FCF Margin %

-0.2%

4.4%

43.9%

-53.7%

3.5%

3.9%

-25.9%

-33.5%

ROE %

0.1%

0.0%

0.1%

0.2%

-0.0%

-0.1%

0.1%

0.0%

ROA %

0.1%

0.0%

0.1%

0.2%

-0.0%

0.1%

0.0%

ROIC %

3.4%

2.4%

10.8%

18.9%

3.7%

-1.0%

9.9%

8.7%

4.5%

Line Item	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
	$62.4B	$62.4B	$68.3B	$79.8B	$76.6B	$53.3B	$70.6B	$76.0B	$68.7B	$56.8B
	$5.8B	$5.8B	$4.7B	$12.5B	$19.2B	$4.1B	$1.7B	$9.0B	$7.8B	$6.4B
Gross Margin	9.3%	9.3%	6.9%	15.7%	25.1%	7.8%	2.2%	11.8%	11.4%	11.2%
	—	$2.6B	$2.7B	$2.6B	$2.5B	$3.0B	$3.1B	$2.8B	$2.8B	$2.7B
	$3.3B	$3.3B	$2.3B	$10.3B	$17.0B	$2.1B	-$627M	$6.5B	$5.4B	$4.2B
EBIT	$3.3B	$3.3B	$2.3B	$10.3B	$17.0B	$2.1B	-$627M	$6.5B	$5.4B	$4.2B
EBITDA	$5.9B	$5.9B	$3.6B	$12.9B	$19.5B	$5.1B	$9.1B	$9.3B	$8.2B	$6.9B
Operating Margin	5.3%	5.3%	1.4%	12.9%	22.2%	4.0%	7.8%	8.6%	7.9%	7.3%
EBITDA Margin	9.5%	9.5%	5.3%	16.1%	25.5%	9.5%	12.9%	12.3%	11.9%	12.1%
	—	$1.2B	—	$334M	$1.2B	$1.3B	$1.7B	$2.2B	$875M	$2.1B
	—	$1.5B	$238M	$1.7B	$2.5B	$1.7B	$459M	-$349M	$432M	$986M
	$1.4B	$1.4B	$1.0B	$9.5B	$15.6B	-$578M	-$2.4B	$5.3B	$4.6B	$1.7B
Net Margin	2.2%	2.2%	1.5%	11.9%	20.3%	-1.1%	3.2%	7.0%	6.7%	3.0%
	$1.70	$1.70	$1.09	$10.21	$13.53	$-0.64	$-2.42	$5,070,000.00	$4.48	$1.87
Diluted EPS	$1.70	$1.70	$1.09	$10.21	$13.53	$-0.64	$-2.42	$5,070,000.00	$4.48	$1.87

Line Item

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

$62.4B

$68.3B

$79.8B

$76.6B

$53.3B

$70.6B

$76.0B

$68.7B

$56.8B

$5.8B

$4.7B

$12.5B

$19.2B

$4.1B

$1.7B

$9.0B

$7.8B

$6.4B

Gross Margin

9.3%

6.9%

15.7%

25.1%

7.8%

2.2%

11.8%

11.4%

11.2%

—

$2.6B

$2.7B

$2.6B

$2.5B

$3.0B

$3.1B

$2.8B

$2.7B

$3.3B

$2.3B

$10.3B

$17.0B

$2.1B

-$627M

$6.5B

$5.4B

$4.2B

EBIT

$3.3B

$2.3B

$10.3B

$17.0B

$2.1B

-$627M

$6.5B

$5.4B

$4.2B

EBITDA

$5.9B

$3.6B

$12.9B

$19.5B

$5.1B

$9.1B

$9.3B

$8.2B

$6.9B

Operating Margin

5.3%

1.4%

12.9%

22.2%

4.0%

7.8%

8.6%

7.9%

7.3%

EBITDA Margin

9.5%

5.3%

16.1%

25.5%

9.5%

12.9%

12.3%

11.9%

12.1%

—

$1.2B

—

$334M

$1.2B

$1.3B

$1.7B

$2.2B

$875M

$2.1B

—

$1.5B

$238M

$1.7B

$2.5B

$1.7B

$459M

-$349M

$432M

$986M

$1.4B

$1.0B

$9.5B

$15.6B

-$578M

-$2.4B

$5.3B

$4.6B

$1.7B

Net Margin

2.2%

1.5%

11.9%

20.3%

-1.1%

3.2%

7.0%

6.7%

3.0%

$1.70

$1.09

$10.21

$13.53

$-0.64

$-2.42

$5,070,000.00

$4.48

$1.87

Diluted EPS

$1.70

$1.09

$10.21

$13.53

$-0.64

$-2.42

$5,070,000.00

$4.48

$1.87

ArcelorMittal (MT) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does ArcelorMittal Do?

ArcelorMittal South Africa Ltd manufactures and sells long and flat steel products. The company operates through Steel Operations, Non-Steel Operations, and Other. It offers flat steel products, including hot rolled plates, and hot and cold rolled coils. The company also offers long steel products, commercial coke, and by-products. The company was formerly known as Mittal Steel South Africa Limited and changed its name to ArcelorMittal South Africa Ltd in October 2006. The company was founded in 1928 and is headquartered in Vanderbijlpark, South Africa. ArcelorMittal South Africa Ltd is a subsidiary of Arcelormittal Holdings Ag. ArcelorMittal (MT) is classified as a large-cap stock in the Materials sector, specifically within the Steel Works industry. The company is led by CEO Hendrik J. Verster and employs approximately 157,900 people. With a market capitalization of $41.1B, MT is one of the prominent companies in the Materials sector.

ArcelorMittal (MT) Stock Rating — Hold (April 2026)

As of April 2026, ArcelorMittal receives a Hold rating with a composite score of 55.8/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MT ranks #1,130 out of 4,446 stocks in our coverage universe. Within the Materials sector, ArcelorMittal ranks #69 of 284 stocks, placing it in the top quartile of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MT Stock Price and 52-Week Range

ArcelorMittal (MT) currently trades at $60.42. The stock gained $0.53 (0.9%) in the most recent trading session. The 52-week high for MT is $67.60, which means the stock is currently trading -10.6% from its annual peak. The 52-week low is $23.20, putting the stock 160.5% above its annual trough. Recent trading volume was 967K shares, suggesting relatively thin trading activity.

Is MT Overvalued or Undervalued? — Valuation Analysis

ArcelorMittal (MT) carries a value factor score of 86/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 35.23x, compared to the Materials sector average of 26.50x — a premium of 33%. The price-to-book ratio stands at 0.56x, versus the sector average of 2.83x. The price-to-sales ratio is 0.16x, compared to 0.74x for the average Materials stock. On an enterprise value basis, MT trades at 1.94x EV/EBITDA, versus 6.01x for the sector.

Based on these multiples, ArcelorMittal appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.

ArcelorMittal Profitability — ROE, Margins, and Quality Score

ArcelorMittal (MT) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 7.6%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 6.2% versus the sector average of 0.6%.

On a margin basis, ArcelorMittal reports gross margins of 9.3%, compared to 29.8% for the sector. The operating margin is 5.3% (sector: 6.0%). Net profit margin stands at 2.2%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

MT Debt, Balance Sheet, and Financial Health

ArcelorMittal has a debt-to-equity ratio of 16.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $11.56B. Cash and equivalents stand at $6.40B.

MT has a beta of 1.48, meaning it is more volatile than the broader market — a $10,000 investment in MT would be expected to move 47.8% more than the S&P 500 on any given day. The stability factor score for ArcelorMittal is 52/100, reflecting average volatility within the normal range for its sector.

ArcelorMittal Revenue and Earnings History — Quarterly Trend

In TTM 2026, ArcelorMittal reported revenue of $62.44B and earnings per share (EPS) of $1.70. Net income for the quarter was $1.38B. Gross margin was 9.3%. Operating income came in at $3.31B.

In FY 2024, ArcelorMittal reported revenue of $62.44B and earnings per share (EPS) of $1.70. Net income for the quarter was $1.38B. Gross margin was 9.3%. Revenue grew -8.5% year-over-year compared to FY 2023. Operating income came in at $3.31B.

In FY 2023, ArcelorMittal reported revenue of $68.28B and earnings per share (EPS) of $1.09. Net income for the quarter was $1.02B. Gross margin was 6.9%. Revenue grew -14.5% year-over-year compared to FY 2022. Operating income came in at $2.34B.

In FY 2022, ArcelorMittal reported revenue of $79.84B and earnings per share (EPS) of $10.21. Net income for the quarter was $9.54B. Gross margin was 15.7%. Revenue grew 4.3% year-over-year compared to FY 2021. Operating income came in at $10.27B.

Over the past 8 quarters, ArcelorMittal has experienced revenue contraction from $76.03B to $62.44B. Investors analyzing MT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MT Dividend Yield and Income Analysis

ArcelorMittal (MT) does not currently pay a dividend. This is common among growth-oriented companies in the Steel Works industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

MT Momentum and Technical Analysis Profile

ArcelorMittal (MT) has a momentum factor score of 71/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 48/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 41/100 reflects moderate short selling activity.

MT vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, ArcelorMittal (MT) ranks #69 out of 284 stocks based on the Blank Capital composite score. This places MT in the top quartile of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing MT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MT vs S&P 500 (SPY) comparison to assess how ArcelorMittal stacks up against the broader market across all factor dimensions.

MT Next Earnings Date

No upcoming earnings date has been announced for ArcelorMittal (MT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MT? — Investment Thesis Summary

ArcelorMittal presents a balanced picture with arguments on both sides. The quality score of 37/100 flags below-average profitability. The value score of 86/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 71/100, suggesting the trend favors buyers.

In summary, ArcelorMittal (MT) earns a Hold rating with a composite score of 55.8/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MT stock.

Related Resources for MT Investors

Explore more research and tools: MT vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MT head-to-head with peers: MT vs CF, MT vs NTR, MT vs UAN.

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ArcelorMittal (MT) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does ArcelorMittal Do?

ArcelorMittal (MT) Stock Rating — Hold (April 2026)

MT Stock Price and 52-Week Range

Is MT Overvalued or Undervalued? — Valuation Analysis

ArcelorMittal Profitability — ROE, Margins, and Quality Score

MT Debt, Balance Sheet, and Financial Health

ArcelorMittal Revenue and Earnings History — Quarterly Trend

MT Dividend Yield and Income Analysis

MT Momentum and Technical Analysis Profile

MT vs Competitors — Materials Sector Ranking and Peer Comparison

MT Next Earnings Date

Should You Buy MT? — Investment Thesis Summary

Related Resources for MT Investors

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Is MT a Buy? A Six-Factor Deep Dive Into ArcelorMittal

Is MT a Buy? A Six-Factor Deep Dive Into ArcelorMittal

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