What is the current annual operating margin of MT?

As of today, MT annual operating margin is 4.83%

What is 1-year change in MT annual operating margin?

MT annual operating margin is down -12.02% year-over-year

What is 3-year change in MT annual operating margin?

MT annual operating margin is down -65.87% over the past 3 years

How far is MT annual operating margin from its all-time high?

MT annual operating margin is currently -82.56% below its historical high of 27.69% set on December 31, 2004

How does MT annual operating margin rank versus sector peers?

MT annual operating margin is higher than 40.43% of companies in Basic Materials sector

When is MT next annual earnings release?

As of today, the next annual earnings release for MT has not been scheduled

When is MT next earnings release?

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

MT Operating Margin History & Chart Since 1997

Annual Operating Margin

4.83%0.66%-12.02%

December 31, 2025

Summary

Current Value: As of today, MT annual operating margin is 4.83%, down -12.02% on December 31, 2025
Historical Performance: MT annual operating margin is down -65.87% over the past 3 years, down -25.12% over the past 5 years
All-Time High Comparison: MT annual operating margin is currently -82.56% below its historical high of 27.69% set on December 31, 2004
3-Year Low Comparison: MT annual operating margin is at its 3-year low
Sector Comparison: MT annual operating margin is higher than 40.43% of companies in Basic Materials sector

Operating Margin Chart

beforeafter

Performance

MT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	4.83%	-12.0%	-65.9%	-25.1%	-8.7%
Quarterly Operating Margin	Jun 30, 26	-	–	–	–	–
Price	Jul 31, 26	$70.14	+121.8%	+143.0%	+99.0%	-24.9%
PE Ratio	Jul 31, 26	29.72	+119.8%	+776.7%	+293.1%	+67.5%
Annual Revenue	Dec 31, 25	$61.54B	-1.3%	-22.9%	+15.5%	-21.2%
Annual Operating Profit	Dec 31, 25	$2.97B	-13.2%	-73.7%	-13.6%	-28.2%
Annual Gross Margin	Dec 31, 25	0.00%	-100.0%	-100.0%	-100.0%	-100.0%
Annual Net Margin	Dec 31, 25	5.29%	+139.4%	-55.7%	+585.3%	+23.9%

Operating Margin Highs

MT Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	14.15%	N/A	-65.9%
5Y	21.89%	Dec 31, 21	-77.9%
All	27.69%	Dec 31, 04	-82.6%

Operating Margin Lows

MT Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	4.83%	Dec 31, 25	at low
5Y	4.83%	Dec 31, 25	at low
All	-3.52%	Dec 31, 01	+237.2%

Operating Margin History

Year	Value	Change
2025	4.83%	-12.0%
2024	5.49%	+10.9%
2023	4.95%	-65.0%
2022	14.15%	-35.4%
2021	21.89%	+239.4%
2020	6.45%	+250.5%
2019	1.84%	-81.4%
2018	9.91%	+20.7%
2017	8.21%	+6.8%
2016	7.69%	+709.5%
2015	0.95%	-77.2%
2014	4.16%	+50.7%
2013	2.76%	+43.8%
2012	1.92%	-66.9%
2011	5.80%	+9.6%

Year	Value	Change
2010	5.29%	+457.4%
2009	-1.48%	-113.8%
2008	10.71%	-26.5%
2007	14.57%	+13.1%
2006	12.88%	-23.4%
2005	16.81%	-39.3%
2004	27.69%	+103.9%
2003	13.58%	+225.7%
2002	4.17%	+218.5%
2001	-3.52%	-157.0%
2000	6.18%	-6.1%
1999	6.58%	-43.1%
1998	11.57%	-22.5%
1997	14.92%	-

FAQ

What is the current annual operating margin of MT?: As of today, MT annual operating margin is 4.83%
What is 1-year change in MT annual operating margin?: MT annual operating margin is down -12.02% year-over-year
What is 3-year change in MT annual operating margin?: MT annual operating margin is down -65.87% over the past 3 years
How far is MT annual operating margin from its all-time high?: MT annual operating margin is currently -82.56% below its historical high of 27.69% set on December 31, 2004
How does MT annual operating margin rank versus sector peers?: MT annual operating margin is higher than 40.43% of companies in Basic Materials sector
When is MT next annual earnings release?: As of today, the next annual earnings release for MT has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

N/A

June 30, 2026

Performance

MT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	-	–	–	–	–
Annual Operating Margin	Dec 31, 25	4.83%	–	-12.0%	-65.9%	-25.1%
Price	Jul 31, 26	$70.14	+22.6%	+121.8%	+143.0%	+99.0%
PE Ratio	Jul 31, 26	29.72	+97.9%	+119.8%	+776.7%	+293.1%
Quarterly Revenue	Jun 30, 26	$16.76B	+8.4%	+5.2%	+5.2%	-23.2%
Quarterly Operating Profit	Jun 30, 26	$1.06B	+40.1%	-45.4%	-45.4%	-76.2%
Quarterly Gross Margin	Jun 30, 26	-	–	–	–	–
Quarterly Net Margin	Jun 30, 26	-	–	–	–	–

Quarterly Operating Margin Highs

MT Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	6.97%	N/A	N/A
All	94.81%	Mar 31, 11	N/A

Quarterly Operating Margin Lows

MT Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	6.97%	N/A	N/A
All	-304.89%	Dec 31, 09	N/A

Quarterly Operating Margin History

Month	Value	Change
Dec 2017	6.97%	-0.4%
Sep 2017	7.00%	-13.2%
Jun 2017	8.06%	-17.8%
Mar 2017	9.80%	+71.0%
Dec 2016	5.73%	-30.9%
Sep 2016	8.29%	-34.7%
Jun 2016	12.70%	+519.5%
Mar 2016	2.05%	+105.4%
Dec 2015	-38.13%	>-9,900.0%
Sep 2015	0.13%	-96.2%
Jun 2015	3.43%	+2.7%
Mar 2015	3.34%	+9.9%
Dec 2014	3.04%	-36.4%
Sep 2014	4.78%	+18.9%
Jun 2014	4.02%	+17.9%
Mar 2014	3.41%	+1,994.4%
Dec 2013	-0.18%	-107.4%
Sep 2013	2.43%	+39.7%
Jun 2013	1.74%	-15.1%
Mar 2013	2.05%	+108.4%
Dec 2012	-24.40%	-8,814.3%
Sep 2012	0.28%	-94.8%
Jun 2012	5.37%	+51.7%
Mar 2012	3.54%	+294.5%
Dec 2011	-1.82%	-135.2%
Sep 2011	5.17%	-42.3%
Jun 2011	8.96%	-90.5%
Mar 2011	94.81%	>+9,900.0%
Dec 2010	-0.41%	-107.9%
Sep 2010	5.21%	-34.5%
Jun 2010	7.95%	+140.2%
Mar 2010	3.31%	+101.1%
Dec 2009	-304.89%	-429.8%
Sep 2009	92.44%	+0.6%
Jun 2009	91.91%	+1,036.9%
Mar 2009	-9.81%	+35.8%
Dec 2008	-15.29%	-198.5%
Sep 2008	15.53%	-11.3%
Jun 2008	17.50%	+44.4%

Month	Value	Change
Mar 2008	12.12%	+3.1%
Dec 2007	11.75%	-22.2%
Sep 2007	15.10%	-2.9%
Jun 2007	15.55%	+10.1%
Mar 2007	14.12%	+23.0%
Dec 2006	11.48%	-19.2%
Sep 2006	14.21%	+21.0%
Jun 2006	11.74%	-2.7%
Mar 2006	12.06%	-26.1%
Dec 2005	16.32%	+86.7%
Sep 2005	8.74%	-52.2%
Jun 2005	18.29%	-31.7%
Mar 2005	26.76%	-10.4%
Dec 2004	29.88%	+11.4%
Sep 2004	26.83%	+32.8%
Jun 2004	20.20%	+124.4%
Mar 2004	9.00%	-57.4%
Dec 2003	21.14%	+6,919.4%
Sep 2003	-0.31%	-107.5%
Jun 2003	4.11%	-27.3%
Mar 2003	5.65%	+56.1%
Dec 2002	3.62%	-50.3%
Sep 2002	7.29%	+350.0%
Jun 2002	1.62%	+195.9%
Mar 2002	-1.69%	+82.4%
Dec 2001	-9.58%	-218.3%
Sep 2001	-3.01%	-281.0%
Jun 2001	-0.79%	+81.1%
Mar 2001	-4.17%	-2,552.9%
Dec 2000	0.17%	-97.1%
Sep 2000	5.81%	-33.7%
Jun 2000	8.76%	-3.3%
Mar 2000	9.06%	+2.0%
Dec 1999	8.88%	+47.0%
Sep 1999	6.04%	-0.3%
Jun 1999	6.06%	+18.8%
Mar 1999	5.10%	+102.8%
Dec 1998	-184.87%	-

FAQ

When is MT next earnings release?: The next earnings release for MT is on November 5, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

MT Official Website corporate.arcelormittal.com
MT Profile on Yahoo Finance finance.yahoo.com/quote/MT
MT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mt