ArcelorMittal
MT
#1001
Rank
A$29.88 B
Marketcap
$38.43
Share price
-0.71%
Change (1 day)
3.49%
Change (1 year)

Operating Margin for ArcelorMittal (MT)

Operating Margin as of November 2024 (TTM): 1.84%

According to ArcelorMittal's latest financial reports and stock price the company's current Operating Margin is 1.84%. At the end of 2023 the company had an Operating Margin of 1.85%.

Operating Margin history for ArcelorMittal from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.85%-86.91%
202214.10%-40.12%
202123.54%1052.56%
20202.04%-174.65%
2019-2.74%-141.76%
20186.55%-10.14%
20177.29%52.22%
20164.79%-140.49%
2015-11.83%1703.6%
2014-0.66%-77.92%
2013-2.97%-53.45%
2012-6.38%-311.57%
20113.02%26.83%
20102.38%-134.07%
2009-6.98%-175.04%
20089.31%-34.24%
200714.15%15.25%
200612.28%-26.13%
200516.62%-48.03%
200431.98%118.55%
200314.63%-3080.99%
2002-0.49%-94.73%
2001-9.32%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.76% 158.70%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
9.24% 402.17%๐Ÿ‡ง๐Ÿ‡ท Brazil
18.07% 882.07%๐Ÿ‡บ๐Ÿ‡ธ USA
3.70% 101.09%๐Ÿ‡บ๐Ÿ‡ธ USA
16.24% 782.61%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
13.37% 626.63%๐Ÿ‡ง๐Ÿ‡ท Brazil
12.75% 592.93%๐Ÿ‡บ๐Ÿ‡ธ USA
45.12% 2,352.17%๐Ÿ‡ง๐Ÿ‡ท Brazil
2.71% 47.28%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.