ArcelorMittal stock carries USD 54.2245695 billion market cap after halt

Published on 09/25/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ArcelorMittal stock faces a fresh Ukraine setback after four missile strikes hit Kryvyi Rih in five weeks. Adjusted EPS reached USD 0.90 in the latest quarter, below USD 1.18 consensus.

Glühender Stahlguss vor Hochofenanlage bei Sonnenuntergang mit Arbeitern — ArcelorMittal S.A. (LU1598757687) betreibt Hochöfen, hier fließt glühender flüssiger Stahl bei Sonnenuntergang eindrucksvoll heraus, Illustration mit AI erstellt.

ArcelorMittal (ISIN LU1598757687) carried a market capitalization of USD 54,224,569,500 on September 25, 2026, as the steelmaker said it cannot safely restart its Kryvyi Rih operations after four missile strikes. The latest attack occurred on September 21, and the company has recorded five deaths and 17 injuries at the Ukrainian unit, according to Finanznachrichten on September 25, 2026.

Ukraine shutdown carries a cost

The company said it expects a non-cash impairment charge principally tied to property, plant and equipment at Kryvyi Rih. ArcelorMittal has provided more than USD 700 million to support the Ukrainian subsidiary since the war began, according to Finanznachrichten.

The operational impact is concentrated in Ukraine, while ArcelorMittal remains a global steel and mining group with production operations across Europe, the Americas, Asia and Africa. The Kryvyi Rih decision therefore adds a defined asset charge and operating disruption to the broader investment case.

Quarterly earnings missed estimates

In the latest quarterly results reported on July 30, 2026, adjusted EPS was USD 0.90 against a USD 1.18 consensus estimate, while revenue reached USD 16.76 billion versus USD 17.56 billion expected, according to MarketBeat. Revenue still increased 5.2 percent from the same quarter a year earlier, creating a clear contrast between year-over-year growth and the earnings shortfall against estimates.

Analyst positioning also remains divided. MarketScreener reported on September 4, 2026, that Deutsche Bank raised its target from EUR 66 to EUR 71 while keeping a Buy rating. The same page lists an average target of USD 77.52 from 14 analysts.

ADR trades below yearly high

ArcelorMittal's NYSE ADR was trading at USD 71.25 on September 25, 2026, at 9:38 a.m. ET, down USD 0.06, or 0.08 percent, from USD 71.30. Its 52-week range was USD 35.71 to USD 79.68, placing the ADR USD 8.43 below the yearly high.