Business Segments ArcelorMittal

Equities

MT

LU1598757687

Iron & Steel

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03-13	Oil Holds Above $100 as Markets Brace for Extended Middle East Conflict	DJ
03-12	European Stocks Decline in Thursday Trading Amid Investor Concern of Prolonged Middle East War as Oil Prices Surge	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Steel Works, Blast Furnaces, And Finishing Mills
Europe	43.33B	47.26B	38.3B	29.95B	28.79B
CAPEX	-1.28B	-1.2B	-1.61B	-1.36B	-1.42B
D&A	1.25B	1.27B	1.24B	1.13B	1.11B
Operating Income	5.67B	4.29B	1.1B	386M	522M
North America	12.53B	13.77B	12.98B	11.9B	12.34B
CAPEX	-369M	-500M	-426M	-410M	-688M
D&A	325M	427M	535M	509M	677M
Operating Income	2.8B	2.82B	1.92B	1.31B	2.2B
Brazil	12.86B	13.73B	13.16B	12.4B	11.17B
CAPEX	-412M	-708M	-917M	-879M	-728M
D&A	228M	246M	341M	361M	379M
Operating Income	3.8B	2.78B	1.46B	1.4B	608M
Africa and Commonwealth of Independent States (ACIS)	9.85B	6.37B	5.42B	-	-
CAPEX	-619M	-483M	-406M	-	-
D&A	450M	369M	278M	-	-
Operating Income	2.7B	-930M	-3.02B	-	-
Sustainable Solutions	-	-	-	10.72B	10.5B
CAPEX	-	-	-	-457M	-323M
D&A	-	-	-	178M	235M
Operating Income	-	-	-	57M	142M
Elimination	-6.08B	-4.72B	-4.71B	-9.17B	-8.42B
CAPEX	-	-	11M	21M	13M
Operating Income	-142M	149M	76M	30M	-5M
Iron Ores
Others	34M	32M	38M	3.97B	3.74B
CAPEX	-24M	-85M	-479M	-299M	-269M
D&A	40M	36M	42M	193M	224M
Operating Income	-228M	-315M	-341M	-642M	-633M
Mining	4.04B	3.4B	3.08B	2.66B	3.23B
CAPEX	-302M	-488M	-784M	-1.02B	-926M
D&A	228M	234M	238M	263M	316M
Operating Income	2.37B	1.48B	1.14B	770M	789M

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
United States	7.3B	8.84B	8.89B	8.44B	9.18B
Total Assets	117M	1.08B	963M	935M	3.87B
Brazil	8.2B	8.72B	8.24B	7.56B	7.12B
Total Assets	3.31B	4.08B	7.1B	6.12B	7.78B
Germany	6.54B	7.76B	6.55B	5.76B	5.7B
Total Assets	2.54B	2.46B	2.63B	2.47B	2.76B
Poland	5.3B	5.93B	4.47B	4.44B	4.41B
Total Assets	2.31B	2.3B	2.54B	2.43B	2.69B
Other Europe	4.84B	6.1B	4.62B	4.33B	4.25B
Total Assets	186M	271M	368M	382M	376M
France	4.87B	5.7B	4.61B	4.19B	4.05B
Total Assets	3.75B	3.62B	4.19B	4.14B	4.87B
Spain	4.19B	4.74B	3.98B	3.75B	3.72B
Total Assets	2.15B	1.98B	2.06B	2.03B	2.36B
Canada	4.28B	4.19B	3.48B	3.41B	3.16B
Total Assets	5.25B	5.1B	5.14B	5.05B	5.48B
Italy	5.43B	4.02B	2.61B	2.81B	2.66B
Total Assets	-	-	-	99M	96M
Mexico	2.36B	2.88B	3.29B	2.79B	2.31B
Total Assets	1.55B	1.75B	1.77B	1.8B	1.78B
United Kingdom	1.52B	1.59B	1.34B	1.46B	1.57B
Total Assets	160M	420M	915M	1.51B	2.03B
South Africa	2.45B	2.26B	1.86B	1.75B	1.57B
Total Assets	511M	567M	424M	385M	468M
Belgium	1.85B	2.11B	2.06B	1.68B	1.47B
Total Assets	2.62B	2.53B	2.8B	2.74B	3.17B
Netherlands	1.62B	1.77B	1.44B	1.27B	1.22B
China	943M	765M	764M	762M	1.17B
Czech Republic	1.36B	1.43B	1.18B	1.19B	1.15B
Total Assets	28M	27M	25M	-	-
Other Americas	1.83B	1.54B	1.11B	1B	964M
Total Assets	17M	19M	21M	47M	41M
Total Assets	178M	190M	101M	150M	166M
Turkey	1.51B	1.23B	1.12B	929M	957M
Morocco	689M	806M	745M	808M	955M
Total Assets	97M	88M	103M	108M	137M
Argentina	1.44B	1.91B	1.23B	1.1B	897M
Total Assets	342M	404M	289M	540M	514M
Rest of Asia	2.25B	1.68B	1.34B	1B	745M
Ukraine	948M	464M	508M	557M	572M
Total Assets	2.3B	658M	695M	673M	739M
Romania	443M	461M	386M	403M	483M
Total Assets	24M	26M	37M	-	-
India	142M	131M	102M	128M	435M
Total Assets	-	-	587M	795M	828M
Total Assets	168M	161M	159M	134M	-
Rest of Africa	1.07B	499M	524M	572M	370M
South Korea	608M	383M	410M	337M	261M
Total Assets	25B	26.13B	25.83B	25.84B	25.07B
Egypt	85M	120M	-	-	-
Venezuela	-	-	-	-	-
Total Assets	31M	24M	32M	-	-
Russia	1.58B	996M	901M	-	-
Luxembourg	185M	206M	-	-	-
Total Assets	1.48B	2B	1.9B	1.63B	1.87B
Kazakhstan	747M	625M	503M	-	-
Total Assets	1.45B	1.56B	-	-	-