ArcelorMittal Income Tax Expense from 2010 to 2024

MT Stock  USD 24.77  0.47  1.86%   
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
275 M
Current Value
315 M
Quarterly Volatility
472.8 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's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 655.6 M or Total Revenue of 59.6 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0289 or PTB Ratio of 0.42. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
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

ArcelorMittal shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may analyze each financial statement separately, they are all interrelated. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses on on ArcelorMittal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense238 M194.1 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ArcelorMittal Stock Analysis

When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.