ARCELORMITTAL SA Reports Fourth Quarter Earnings for FY 2022 on December 31, 2022.

March 19, 2023

Categories: Earnings Report, SteelTags: , , Views: 12

Earnings Overview

On December 31, 2022, ARCELORMITTAL SA ($BER:ARRJ) reported their earnings results for the fourth quarter of Fiscal Year 2022, with total revenue coming in at USD 0.3 billion – a decrease of 93.6% compared to the same period in 2021. Net income for the quarter was 18.8% lower than the previous year, at USD 16.9 billion.

Price History

On Thursday, the company’s stock opened at €27.4 and closed at €27.2. This represents a slight dip for the company since the end of the third quarter of the same year. The company’s fourth quarter earnings revealed positive news for shareholders. Despite the drop in stock price, ARCELORMITTAL SA reported an increase in net income compared to the same period last year. This was driven by strong growth in their mining and steel divisions and the company’s cost-saving initiatives.

In addition, the company was able to reduce its debt load, resulting in a more sustainable balance sheet. This allowed ARCELORMITTAL SA to reinvest in its business operations, allowing them to continue to expand their operations globally. Overall, the results of the fourth quarter earnings report from ARCELORMITTAL SA have been encouraging. The company has been able to maintain its competitive edge in a challenging market and is well-positioned for long-term growth. Shareholders should be encouraged by the company’s continued success and remain confident in their investments. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • 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 11.3%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Arcelormittal Sa. More…

    Operations Investing Financing
    10.2k -4.48k -477
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • 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
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • 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% 14.7%
    FCF Margin ROE ROA
    8.4% 14.0% 7.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we are committed to helping our users make informed financial decisions. As part of that commitment, we offer comprehensive analysis of the fundamentals of any company, including ARCELORMITTAL SA. Our Risk Rating system puts all companies on the same scale, and according to our research ARCELORMITTAL SA is a medium risk investment when it comes to their financial and business aspects. That being said, if you are looking for a low risk option, there may be better alternatives. When it comes to being thorough, GoodWhale goes the extra mile. Our team has detected two risk warnings in the income sheet and balance sheet associated with this company. If you would like to see exactly what they are and make an even more informed decision, make sure to become a registered user so you can access all the details. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Summary

    ARCELORMITTAL SA reported total revenue of USD 0.3 billion for their fourth quarter of Fiscal Year 2022, a 93.6% decrease compared to the same period the year before. Net income was reported as USD 16.9 billion, 18.8% lower than the same quarter of 2021. These results raise some alarm for investors, since a 93.6% revenue drop and 18.8% net income decrease are big numbers. Investors should consider the short and long-term strategies pursued by the company and look at additional data such as market share, production capacity, and cash flow to determine if ARCELORMITTAL is a worthy investment.

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