ArcelorMittal SA Reports Fourth Quarter 2022 Financial Results
February 20, 2023
Earnings Overview
ARCELORMITTAL ($BER:ARRJ): At the end of fiscal year 2022, on December 31, ArcelorMittal SA reported their financial results for the fourth quarter. With total revenue of USD 0.3 billion, it was a decline of 93.6% from Q4 of the previous year. Net income also decreased from the prior year by 18.8%, amounting to USD 16.9 billion.
Stock Price
On Thursday, ARCELORMITTAL SA stock opened at €27.4 and closed at €27.2., signaling a slight decline in investor confidence. This suggests that the company is facing serious financial issues despite their efforts to expand production and increase market share in recent months. Despite these negative results, investors remain hopeful that the company’s long term prospects still remain bright.
Chief Executive Officer Aditya Mittal has laid out plans for investing in projects and expanding their presence in developing markets, which could help to turn their fortunes around in the near future. Investors will be watching the company’s progress over the coming months and quarters to determine if these initiatives are paying off. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Arcelormittal Sa. More…
| Total Revenues | Net Income | Net Margin |
| 79.84k | 9.3k | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Arcelormittal Sa. More…
| Operations | Investing | Financing |
| 10.2k | -4.48k | -477 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Arcelormittal Sa. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 94.55k | 38.96k | 66.03 |
Key Ratios Snapshot
Some of the financial key ratios for Arcelormittal Sa are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.2% | 37.4% | 14.4% |
| FCF Margin | ROE | ROA |
| 8.4% | 13.7% | 7.6% |
Analysis
GoodWhale recently performed an analysis of ARCELORMITTAL SA‘s wellbeing. Our Star Chart shows that the company has a very high health score of 9/10. This is due to its strong cash flows and stable debt, which allow it to safely ride out any economic crisis without the risk of bankruptcy. However, it is not only financial health that stands out for ARCELORMITTAL SA. Growth-wise, the company is classified as ‘gorilla’; a type of company that has achieved strong and stable revenue or earning growth due to its competitive advantage in its market. In terms of other metrics, such as asset, dividend and profitability, the company is classified as ‘medium’. With these findings, it is easy to see why this company would be attractive to investors. Arcorlormittal SA has a high health score and has achieved strong and stable growth due to its competitive advantage. These characteristics make it an appealing investment opportunity for investors who are looking for a secure, long-term return on their investments. More…
Summary
ArcelorMittal SA, the world’s leading steel producer, released a dismal fourth quarter financial report for fiscal year 2022 on December 31st. This report confirms a downward trend in the company’s financial performance. Investors should take a closer look at their current holdings in ArcelorMittal SA and consider their long-term investment strategy in light of this news.
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