ArcelorMittal SA ADR (MT) — Capital Reinvestment Ratio
Latest as of December 2025:
0.66x
ArcelorMittal SA ADR (MT) has a Capital Reinvestment Ratio of 0.66x as of December 2025, meaning it reinvests 1% of its operating cash flow ($3.72 Billion) in capital expenditures ($2.46 Billion). See cash generation quality of ArcelorMittal SA ADR to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.66x
Capex / Operating Cash Flow
Operating Cash Flow
$3.72 Billion
USD
Capital Expenditures
$2.46 Billion
USD
Data as of
Dec 2025
Most recent filing
ArcelorMittal SA ADR Capital Reinvestment Ratio (1997–2025)
This chart tracks ArcelorMittal SA ADR's Capital Reinvestment Ratio across 29 annual periods.
Annual Capital Reinvestment Ratio for ArcelorMittal SA ADR (1997–2025)
Year-by-year Capital Reinvestment Ratio for ArcelorMittal SA ADR from 1997 to 2025. For live market cap and broader valuation context, see MT market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.90x | $4.81 Billion | $4.34 Billion | ▼ -0.6% |
| 2024 | 0.91x | $4.85 Billion | $4.41 Billion | ▲ +50.5% |
| 2023 | 0.60x | $7.64 Billion | $4.61 Billion | ▲ +77.5% |
| 2022 | 0.34x | $10.20 Billion | $3.47 Billion | ▲ +11.9% |
| 2021 | 0.30x | $9.90 Billion | $3.01 Billion | ▼ -49.2% |
| 2020 | 0.60x | $4.08 Billion | $2.44 Billion | ▲ +0.6% |
| 2019 | 0.59x | $6.02 Billion | $3.57 Billion | ▼ -24.6% |
| 2018 | 0.79x | $4.20 Billion | $3.31 Billion | ▲ +27.5% |
| 2017 | 0.62x | $4.56 Billion | $2.82 Billion | ▼ -31.5% |
| 2016 | 0.90x | $2.71 Billion | $2.44 Billion | ▼ -28.3% |
| 2015 | 1.26x | $2.15 Billion | $2.71 Billion | ▲ +32.9% |
| 2014 | 0.95x | $3.87 Billion | $3.67 Billion | ▲ +17.9% |
| 2013 | 0.80x | $4.30 Billion | $3.45 Billion | ▼ -9.2% |
| 2012 | 0.88x | $5.29 Billion | $4.68 Billion | ▼ -67.5% |
| 2011 | 2.72x | $1.78 Billion | $4.84 Billion | ▲ +230.4% |
| 2010 | 0.82x | $4.01 Billion | $3.31 Billion | ▲ +114.8% |
| 2009 | 0.38x | $7.28 Billion | $2.79 Billion | ▲ +1.6% |
| 2008 | 0.38x | $14.65 Billion | $5.53 Billion | ▲ +14.5% |
| 2007 | 0.33x | $16.53 Billion | $5.45 Billion | ▼ -20.0% |
| 2006 | 0.41x | $7.12 Billion | $2.94 Billion | ▲ +38.7% |
| 2005 | 0.30x | $3.97 Billion | $1.18 Billion | ▲ +52.6% |
| 2004 | 0.19x | $4.61 Billion | $898.00 Million | ▼ -77.6% |
| 2003 | 0.87x | $189.00 Million | $164.00 Million | ▲ +35.0% |
| 2002 | 0.64x | $168.00 Million | $108.00 Million | ▼ -73.5% |
| 2001 | 2.43x | $40.00 Million | $97.00 Million | ▲ +402.1% |
| 2000 | 0.48x | $381.00 Million | $184.00 Million | ▲ +35.2% |
| 1999 | 0.36x | $599.00 Million | $214.00 Million | ▼ -93.9% |
| 1998 | 5.83x | $253.00 Million | $1.47 Billion | ▲ +423.9% |
| 1997 | 1.11x | $259.00 Million | $288.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow