What is the current annual cost of goods sold of MT?

As of today, MT annual cost of goods sold is $56.65B

What is 1-year change in MT annual cost of goods sold?

MT annual cost of goods sold is down -10.84% year-over-year

What is 3-year change in MT annual cost of goods sold?

MT annual cost of goods sold is down -1.19% over the past 3 years

How far is MT annual cost of goods sold from its all-time high?

MT annual cost of goods sold is currently -46.56% below its historical high of $106.02B set on December 31, 2008

How does MT annual cost of goods sold rank versus sector peers?

MT annual cost of goods sold is higher than 100.00% of companies in Basic Materials sector

When is MT next annual earnings release?

The next annual earnings release for MT is on February 5, 2026

What is the current quarterly cost of goods sold of MT?

MT quarterly cost of goods sold is unknown

What is MT quarterly cost of goods sold most recent change?

MT quarterly cost of goods sold change on September 30, 2025 is unknown

What is 1-year change in MT quarterly cost of goods sold?

MT quarterly cost of goods sold 1-year change is unknown

How far is MT quarterly cost of goods sold from its all-time high?

MT quarterly cost of goods sold vs all-time high is unknown

When is MT next earnings release?

The next earnings release for MT is on February 5, 2026

What is the current TTM cost of goods sold of MT?

MT TTM cost of goods sold is unknown

What is MT TTM cost of goods sold most recent change?

MT TTM cost of goods sold change on September 30, 2025 is unknown

What is 1-year change in MT TTM cost of goods sold?

MT TTM cost of goods sold 1-year change is unknown

How far is MT TTM cost of goods sold from its all-time high?

MT TTM cost of goods sold vs all-time high is unknown

When is MT next earnings release?

The next earnings release for MT is on February 5, 2026

MT Cost Of Goods Sold History & Chart Since 1997

Annual Cost Of Goods Sold

$56.65B$6.89B-10.84%

December 31, 2024

Summary

Current Value: As of today, MT annual cost of goods sold is $56.65B, down -10.84% on December 31, 2024
Historical Performance: MT annual cost of goods sold is down -1.19% over the past 3 years, and down -17.76% over the past 5 years
All-Time High Comparison: MT annual cost of goods sold is currently -46.56% below its historical high of $106.02B set on December 31, 2008
3-Year Low Comparison: MT annual cost of goods sold is at its 3-year low
Sector Comparison: MT annual cost of goods sold is higher than 100.00% of companies in Basic Materials sector

Cost Of Goods Sold Chart

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Performance

MT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Cost Of Goods Sold	Dec 31, 24	$56.65B	-10.8%	-1.2%	-17.8%	-3.7%
Quarterly Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
TTM Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
Price	Jan 14, 26	$49.04	+111.1%	+57.3%	+104.8%	-54.9%
Annual Total Expenses	Dec 31, 24	$59.33B	-10.3%	-0.7%	-17.2%	-5.0%
Annual Operating Expenses	Dec 31, 24	$199.00M	-92.5%	-91.8%	-92.8%	-94.6%
Annual Gross Profit	Dec 31, 24	$5.79B	+22.2%	-69.9%	+234.9%	+162.4%
Annual Revenue	Dec 31, 24	$62.33B	-8.7%	-18.6%	-11.7%	+2.4%

Cost Of Goods Sold Highs

MT Annual Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
3Y	$67.31B	N/A	-15.8%
5Y	$67.31B	Dec 31, 22	-15.8%
All	$106.02B	Dec 31, 08	-46.6%

Cost Of Goods Sold Lows

MT Annual Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
3Y	$56.65B	Dec 31, 24	at low
5Y	$49.14B	N/A	+15.3%
All	$1.72B	Dec 31, 97	+3199.5%

Cost Of Goods Sold History

Year	Value	Change
2024	$56.65B	-10.8%
2023	$63.54B	-5.6%
2022	$67.31B	+17.4%
2021	$57.34B	+16.7%
2020	$49.14B	-28.7%
2019	$68.89B	+2.8%
2018	$67.03B	+10.1%
2017	$60.88B	+20.7%
2016	$50.43B	-22.7%
2015	$65.20B	-11.0%
2014	$73.29B	-2.6%
2013	$75.25B	-9.9%
2012	$83.54B	-2.0%
2011	$85.21B	+19.9%

Year	Value	Change
2010	$71.08B	+20.9%
2009	$58.82B	-44.5%
2008	$106.02B	+24.8%
2007	$84.95B	+75.6%
2006	$48.38B	+116.5%
2005	$22.34B	+54.9%
2004	$14.42B	+90.6%
2003	$7.57B	+73.7%
2002	$4.36B	+1.9%
2001	$4.27B	-3.4%
2000	$4.42B	+9.2%
1999	$4.05B	+41.1%
1998	$2.87B	+67.2%
1997	$1.72B	-

FAQ

What is the current annual cost of goods sold of MT?
As of today, MT annual cost of goods sold is $56.65B
What is 1-year change in MT annual cost of goods sold?
MT annual cost of goods sold is down -10.84% year-over-year
What is 3-year change in MT annual cost of goods sold?
MT annual cost of goods sold is down -1.19% over the past 3 years
How far is MT annual cost of goods sold from its all-time high?
MT annual cost of goods sold is currently -46.56% below its historical high of $106.02B set on December 31, 2008
How does MT annual cost of goods sold rank versus sector peers?
MT annual cost of goods sold is higher than 100.00% of companies in Basic Materials sector
When is MT next annual earnings release?
The next annual earnings release for MT is on February 5, 2026

Quarterly Cost Of Goods Sold

N/A

September 30, 2025

Summary

Status: MT quarterly cost of goods sold is unknown

Performance

MT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
Annual Cost Of Goods Sold	Dec 31, 24	$56.65B	–	-10.8%	-1.2%	-17.8%
TTM Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
Price	Jan 14, 26	$49.04	+28.0%	+111.1%	+57.3%	+104.8%
Quarterly Total Expenses	Sep 30, 25	-	–	–	–	–
Quarterly Operating Expenses	Sep 30, 25	-	–	–	–	–
Quarterly Gross Profit	Sep 30, 25	-	–	–	–	–
Quarterly Revenue	Sep 30, 25	$15.66B	-1.7%	+3.0%	+3.0%	-28.3%

Quarterly Cost Of Goods Sold Highs

MT Quarterly Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	$669.00M	N/A	N/A
5Y	$16.32B	N/A	N/A
All	$23.98B	Jun 30, 11	N/A

Quarterly Cost Of Goods Sold Lows

MT Quarterly Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	$669.00M	N/A	N/A
5Y	$669.00M	Jun 30, 22	N/A
All	$24.76M	Sep 30, 01	N/A

Quarterly Cost Of Goods Sold History

Month	Value	Change
Jun 2022	$669.00M	-95.9%
Dec 2017	$16.32B	-6.4%
Sep 2017	$17.44B	+9.2%
Jun 2017	$15.97B	+13.3%
Mar 2017	$14.09B	+7.0%
Dec 2016	$13.16B	-1.2%
Sep 2016	$13.32B	+2.1%
Jun 2016	$13.05B	-0.6%
Mar 2016	$13.12B	-12.6%
Sep 2015	$15.02B	-7.8%
Jun 2015	$16.29B	-1.5%
Mar 2015	$16.55B	+0.8%
Dec 2014	$16.41B	-11.8%
Sep 2014	$18.61B	-7.5%
Jun 2014	$20.12B	+2.8%
Mar 2014	$19.56B	-3.3%
Dec 2013	$20.23B	+5.2%
Sep 2013	$19.23B	-2.9%
Jun 2013	$19.81B	+0.2%
Mar 2013	$19.76B	+0.6%
Dec 2012	$19.65B	+5.3%
Sep 2012	$18.67B	-7.5%
Jun 2012	$20.19B	-1.9%
Mar 2012	$20.58B	-8.2%
Dec 2011	$22.40B	-3.5%
Sep 2011	$23.21B	-3.2%
Jun 2011	$23.98B	+11.9%
Mar 2011	$21.43B	+29.2%
Dec 2010	$16.60B	-16.8%
Sep 2010	$19.96B	+9.8%
Jun 2010	$18.17B	+3.5%

Month	Value	Change
Mar 2010	$17.55B	+145.8%
Mar 2006	$7.14B	+21.0%
Dec 2005	$5.90B	-2.2%
Sep 2005	$6.03B	+1.5%
Jun 2005	$5.94B	+33.4%
Mar 2005	$4.45B	+7.1%
Dec 2004	$4.16B	+137.3%
Sep 2004	$1.75B	+7.1%
Jun 2004	$1.64B	+5.3%
Mar 2004	$1.55B	+15.5%
Dec 2003	$1.35B	+6.7%
Sep 2003	$1.26B	-3.7%
Jun 2003	$1.31B	+1.1%
Mar 2003	$1.30B	+3.3%
Dec 2002	$1.25B	+3.9%
Sep 2002	$1.21B	+3.2%
Jun 2002	$1.17B	+12.5%
Mar 2002	$1.04B	+3,242.9%
Dec 2001	$31.11M	+25.6%
Sep 2001	$24.76M	-7.4%
Jun 2001	$26.75M	-7.8%
Mar 2001	$29.01M	-97.3%
Dec 2000	$1.07B	+0.4%
Sep 2000	$1.06B	-4.9%
Jun 2000	$1.12B	-4.9%
Mar 2000	$1.18B	+12.2%
Dec 1999	$1.05B	-0.4%
Sep 1999	$1.05B	+7.2%
Jun 1999	$981.00M	+1.0%
Mar 1999	$971.00M	-

FAQ

What is the current quarterly cost of goods sold of MT?
MT quarterly cost of goods sold is unknown
What is MT quarterly cost of goods sold most recent change?
MT quarterly cost of goods sold change on September 30, 2025 is unknown
What is 1-year change in MT quarterly cost of goods sold?
MT quarterly cost of goods sold 1-year change is unknown
How far is MT quarterly cost of goods sold from its all-time high?
MT quarterly cost of goods sold vs all-time high is unknown
When is MT next earnings release?
The next earnings release for MT is on February 5, 2026

TTM Cost Of Goods Sold

N/A

September 30, 2025

Summary

Status: MT TTM cost of goods sold is unknown

Performance

MT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
Annual Cost Of Goods Sold	Dec 31, 24	$56.65B	–	-10.8%	-1.2%	-17.8%
Quarterly Cost Of Goods Sold	Sep 30, 25	-	–	–	–	–
Price	Jan 14, 26	$49.04	+28.0%	+111.1%	+57.3%	+104.8%
TTM Gross Profit	Sep 30, 25	-	–	–	–	–
TTM Revenue	Sep 30, 25	$61.10B	+0.8%	+302.1%	+302.1%	+179.8%

TTM Cost Of Goods Sold Highs

MT TTM Cost Of Goods Sold Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	$669.00M	N/A	N/A
5Y	$63.80B	N/A	N/A
All	$91.02B	Dec 31, 11	N/A

TTM Cost Of Goods Sold Lows

MT TTM Cost Of Goods Sold Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	$669.00M	N/A	N/A
5Y	$669.00M	Jun 30, 22	N/A
All	$111.63M	Dec 31, 01	N/A

TTM Cost Of Goods Sold History

Month	Value	Change
Jun 2022	$669.00M	-99.0%
Dec 2017	$63.80B	+5.2%
Sep 2017	$60.65B	+7.3%
Jun 2017	$56.53B	+5.4%
Mar 2017	$53.61B	+1.8%
Dec 2016	$52.65B	+33.3%
Sep 2016	$39.49B	-4.1%
Jun 2016	$41.18B	-7.3%
Mar 2016	$44.43B	-30.9%
Sep 2015	$64.26B	-5.3%
Jun 2015	$67.86B	-5.3%
Mar 2015	$71.69B	-4.0%
Dec 2014	$74.70B	-4.9%
Sep 2014	$78.52B	-0.8%
Jun 2014	$79.14B	+0.4%
Mar 2014	$78.83B	-0.3%
Dec 2013	$79.03B	+0.7%
Sep 2013	$78.45B	+0.7%
Jun 2013	$77.88B	-0.5%
Mar 2013	$78.26B	-1.0%
Dec 2012	$79.08B	-3.4%
Sep 2012	$81.83B	-5.3%
Jun 2012	$86.38B	-4.2%
Mar 2012	$90.17B	-0.9%
Dec 2011	$91.02B	+6.8%
Sep 2011	$85.22B	+4.0%
Jun 2011	$81.96B	+7.6%
Mar 2011	$76.15B	+5.4%
Dec 2010	$72.27B	+29.8%
Sep 2010	$55.68B	+55.9%
Jun 2010	$35.72B	+103.5%

Month	Value	Change
Mar 2010	$17.55B	-29.8%
Mar 2006	$25.01B	+12.0%
Dec 2005	$22.32B	+8.5%
Sep 2005	$20.58B	+26.2%
Jun 2005	$16.30B	+35.9%
Mar 2005	$12.00B	+31.9%
Dec 2004	$9.10B	+44.8%
Sep 2004	$6.29B	+8.5%
Jun 2004	$5.79B	+6.0%
Mar 2004	$5.47B	+4.9%
Dec 2003	$5.21B	+1.8%
Sep 2003	$5.12B	+1.0%
Jun 2003	$5.07B	+2.8%
Mar 2003	$4.93B	+5.5%
Dec 2002	$4.67B	+35.5%
Sep 2002	$3.45B	+52.2%
Jun 2002	$2.27B	+101.8%
Mar 2002	$1.12B	+905.7%
Dec 2001	$111.63M	-90.3%
Sep 2001	$1.15B	-47.5%
Jun 2001	$2.19B	-33.3%
Mar 2001	$3.28B	-25.9%
Dec 2000	$4.42B	+0.4%
Sep 2000	$4.41B	+0.3%
Jun 2000	$4.39B	+3.2%
Mar 2000	$4.26B	+5.1%
Dec 1999	$4.05B	+34.9%
Sep 1999	$3.00B	+53.9%
Jun 1999	$1.95B	+101.0%
Mar 1999	$971.00M	-

FAQ

What is the current TTM cost of goods sold of MT?
MT TTM cost of goods sold is unknown
What is MT TTM cost of goods sold most recent change?
MT TTM cost of goods sold change on September 30, 2025 is unknown
What is 1-year change in MT TTM cost of goods sold?
MT TTM cost of goods sold 1-year change is unknown
How far is MT TTM cost of goods sold from its all-time high?
MT TTM cost of goods sold vs all-time high is unknown
When is MT next earnings release?
The next earnings release for MT is on February 5, 2026

Cost Of Goods Sold Formula

COGS = Beginning Inventory + Purchases − Ending Inventory

Data Sources & References

MT Official Website corporate.arcelormittal.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1243429/000124342925000089/0001243429-25-000089-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1243429/000124342925000017/0001243429-25-000017-index.htm
MT Profile on Yahoo Finance finance.yahoo.com/quote/MT
MT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mt