ArcelorMittal Income Tax Expense from 2010 to 2024

MT Stock  USD 25.15  0.04  0.16%   
ArcelorMittal Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 194.1 M in 2024. From the period from 2010 to 2024, ArcelorMittal Income Tax Expense quarterly data regression had r-value of  0.1 and coefficient of variation of  410.27. View All Fundamentals
 
Income Tax Expense  
First Reported
1998-03-31
Previous Quarter
272 M
Current Value
-181.9 M
Quarterly Volatility
449.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 137.8 M or Total Revenue of 59.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0252 or PTB Ratio of 0.42. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
This module can also supplement ArcelorMittal's financial leverage analysis and stock options assessment as well as various ArcelorMittal Technical models . Check out the analysis of ArcelorMittal Correlation against competitors.

Latest ArcelorMittal's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of ArcelorMittal SA ADR over the last few years. It is ArcelorMittal's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcelorMittal's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

ArcelorMittal Income Tax Expense Regression Statistics

Arithmetic Mean274,672,593
Geometric Mean505,976,070
Coefficient Of Variation410.27
Mean Deviation716,659,556
Median432,000,000
Standard Deviation1,126,904,768
Sample Variance1269914.4T
Range4.2B
R-Value0.1
Mean Square Error1353981.8T
R-Squared0.01
Significance0.72
Slope25,145,079
Total Sum of Squares17778801T

ArcelorMittal Income Tax Expense History

2024194.1 M
2023238 M
20221.7 B
2021-2.5 B
20201.7 B
2019459 M
2018349 M

About ArcelorMittal Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ArcelorMittal income statement, its balance sheet, and the statement of cash flows. ArcelorMittal investors use historical funamental indicators, such as ArcelorMittal's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may use each financial statement separately, they are all related. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ArcelorMittal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ArcelorMittal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ArcelorMittal. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense238 M194.1 M

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When determining whether ArcelorMittal SA ADR is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ArcelorMittal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Arcelormittal Sa Adr Stock. Highlighted below are key reports to facilitate an investment decision about Arcelormittal Sa Adr Stock:
Check out the analysis of ArcelorMittal Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is ArcelorMittal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ArcelorMittal. If investors know ArcelorMittal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ArcelorMittal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.5
Earnings Share
1.09
Revenue Per Share
40.5435
Quarterly Revenue Growth
(0.14)
The market value of ArcelorMittal SA ADR is measured differently than its book value, which is the value of ArcelorMittal that is recorded on the company's balance sheet. Investors also form their own opinion of ArcelorMittal's value that differs from its market value or its book value, called intrinsic value, which is ArcelorMittal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ArcelorMittal's market value can be influenced by many factors that don't directly affect ArcelorMittal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcelorMittal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.