CSIMarket
 


Arcelormittal  (MT)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials


Arcelormittal's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Arcelormittal's ROA in the fourth quarter of 2023?
Arcelormittal achieved a return on average assets (ROA) of 2.14 % in its fourth quarter of 2023, which is below Arcelormittal's average return on assets, which stands at 5.16%.

ROA fell compared to the third quarter of 2023, despite the net income growth of % from the third quarter of 2023.

However, within the Basic Materials sector 172 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2023 from to 1940.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change -40.79 % -40.79 % -40.79 % -40.79 % 4.07 %
Y / Y Net Income Change -89.28 % - - - -38.72 %
Net Income (TTM) in million 1,022 9,538 9,538 9,538 9,538
Return On Assets (TTM) 2.14 % 17.02 % 14.84 % 13.15 % 11.81 %
MT's Total Ranking # 1940 # # # # 820
Total Assets (TTM) in million 47,811 47,811 47,811 47,811 80,742
Seq. Total Assets Change 0 % 0 % 0 % -40.79 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 19
Sector # 173
Overall # 1931

Return On Assets Statistics
High Average Low
17.2 %
5.16 %
-2.72 %
(Dec 31 2021)   (Dec 31 2019)





Financial Statements
Arcelormittal's Assets $ 47,811 million MT's Balance sheet
Arcelormittal's Income $ 1,022 million Quarterly MT's Income Statement
MT's Income by Division See MT's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change -40.79 % 4.07 % 9.07 % -10.05 % -3.92 %
Total Assets in million 47,811 80,742 77,586 71,136 79,087
Y / Y Net Income Change -89.28 % -38.72 % - - -
Net Income in million 1,022 9,538 15,565 -578 -2,391
Return On Assets 2.14 % 11.81 % 20.06 % -0.81 % -3.02 %




Comment on MT's ROA in the fiscal year ending 2023
In the fiscal year 2023 Arcelormittal's ROA decreased compared to previous year to 2.14 %, due to deterioration of net income -89.28 % to $1,022.00 million, from $9,538.00 million a year ago, as MT's assets were $47,811.00 million.


More Return On Assets Ratios
MT's' Return on Assets at Yahoo Finance
Iron & Steel Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
MT's Roa Ratio versus Iron & Steel Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MT's Competitors
Roa for Arcelormittal's Suppliers
Return On Assets for MT's Customers

You may also want to know
MT's Roi MT's Inventory Turnover Ratio MT's Growth Rates MT's Dividend Comparisons
MT's Profitability Ratios MT's Asset Turnover Ratio MT's Dividend Growth
MT's Roe MT's Valuation Ratios MT's Financial Strength Ratios MT's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Basic Materials Sector ROA
Crane Nxt Co   5.77 %
Olin Corporation  5.72 %
Ferroglobe Plc  5.60 %
Orion S a   5.60 %
Baker Hughes Company  5.45 %
Mcewen Mining Inc   5.31 %
Taseko Mines Limited  5.28 %
Cementos Pacasmayo Saa  5.24 %
Insteel Industries Inc  5.24 %
Lyondellbasell Industries N v   5.20 %
Mueller Water Products Inc   5.15 %
Origin Materials Inc   5.03 %
Mdu Resources Group Inc  4.99 %
Red Trail Energy Llc  4.90 %
Arcosa Inc   4.67 %
Carpenter Technology Corporation  4.64 %
Sealed Air Corp  4.64 %
Sensient Technologies Corp  4.62 %
United States Steel Corp  4.44 %
Olympic Steel Inc  4.43 %
Methanex Corporation  4.42 %
Northern Technologies International Corporation  4.28 %
Barrick Gold Corp  4.26 %
Silgan Holdings Inc  4.18 %
Generac Holdings Inc   4.18 %
Teck Resources Limited  4.11 %
Novelis Inc   4.10 %
Valmont Industries Inc   4.09 %
Ternium S a   4.08 %
Crown Holdings Inc   4.02 %


Date modified: 2024-02-29T17:16:01+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright Š 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com