ArcelorMittal stock holds near recent levels as investors weigh 2025 results

ArcelorMittal stock holds near recent levels after the steel group reported 2025 revenue of $62.4 billion and net income of $1.33 billion, with EBITDA at $7.11 billion.

ArcelorMittal stock holds near recent levels as investors weigh the group’s 2025 performance, with revenue at $62.4 billion, net income at $1.33 billion, and EBITDA at $7.11 billion. ArcelorMittal S.A. (ISIN LU1598757687) reported those figures in its latest annual results, and the company also pointed to adjusted EBITDA of $2.1 billion in Q4 2025.

2025 earnings remain the anchor

The 2025 revenue figure of $62.4 billion was lower than the prior year, while net income of $1.33 billion and EBITDA of $7.11 billion show the scale of the group’s earnings base across the cycle. Adjusted EBITDA of $2.1 billion in Q4 2025 adds a quarterly reference point that matters for valuation and margin expectations.

For investors, the comparison is the key detail: the annual numbers are large, but the quarter-to-quarter rhythm still reflects steel pricing, shipments, and cost discipline. That mix is typically what the market watches when ArcelorMittal stock trades through reporting season.

Margins and cash generation

ArcelorMittal said its EBITDA reached $7.11 billion in 2025, while adjusted EBITDA was $2.1 billion in Q4 2025. The company’s net income of $1.33 billion gives another fixed point for the year, and the gap between revenue and earnings is what keeps margins at the center of the investment case.

The annual report also gives a period reference that helps frame the balance sheet and cash generation discussion across the full year. In a sector where pricing can move quickly, the most useful signal is not just the top line but the conversion of volume and pricing into profit.

Revenue of $62.4 billion

ArcelorMittal’s 2025 revenue of $62.4 billion is the product headline that still matters most for the group’s industrial mix, because it reflects steelmaking, mining, and downstream activities across the year. The Q4 2025 adjusted EBITDA figure of $2.1 billion shows how the fourth quarter contributed to the full-year picture.

That combination of annual and quarterly figures is the core evidence investors can use to compare subsequent updates. If the next reporting cycle brings stronger pricing or better shipment levels, the market will likely judge the move against the same 2025 base.

ArcelorMittal stock and the product mix

The company’s product mix spans flat steel, long steel, and mining-linked activities, which is why the revenue and EBITDA line items are best read alongside the operating backdrop rather than in isolation. ArcelorMittal S.A. uses that broader industrial footprint to balance demand shifts across regions and end markets.

In practice, the group’s annual results show why the steel cycle remains central: large revenue, cyclical earnings, and quarterly margin swings all sit in the same reporting frame. That makes the latest annual numbers more useful than a pure corporate profile, because they tie directly to the stock’s valuation debate.

Market value and quote context

ArcelorMittal stock is being assessed against the latest available annual figures, with the body of evidence centered on 2025 revenue of $62.4 billion, EBITDA of $7.11 billion, and net income of $1.33 billion. The stock’s market context is therefore anchored by the company’s reported performance rather than by a new corporate action.

For trading context, the important comparison remains the relationship between annual earnings power and the market’s current willingness to price the cycle. The company’s 2025 figures provide that base clearly, and the Q4 2025 adjusted EBITDA of $2.1 billion sharpens the short-term reference point.

Annual report context

The annual report remains the most relevant document for understanding the latest operating base because it contains the full-year revenue, EBITDA, net income, and fourth-quarter adjusted EBITDA figures in one place. ArcelorMittal S.A. reported those numbers for 2025, giving investors a clean snapshot of how the cycle closed.

That is the number set that matters most for the stock today: $62.4 billion in revenue, $7.11 billion in EBITDA, $1.33 billion in net income, and $2.1 billion in adjusted EBITDA in Q4 2025. Any subsequent move in ArcelorMittal stock will be measured first against those disclosed figures and the next update from management.

ArcelorMittal company profile

• Company: ArcelorMittal S.A.
• ISIN: LU1598757687
• Ticker: NYSE: MT
• Trading venue: NYSE
• Sector / Industry: Materials / Steel
• Index membership: STOXX Europe 600