ArcelorMittal SA ADR (MT) — Capital Reinvestment Ratio
ArcelorMittal SA ADR (MT) has a Capital Reinvestment Ratio of 2.49x as of June 2026, meaning it reinvests 2% of its operating cash flow ($952.94 Million) in capital expenditures ($2.38 Billion). Check MT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ArcelorMittal SA ADR Capital Reinvestment Ratio (1997–2025)
This chart tracks ArcelorMittal SA ADR's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see cash flow conversion of ArcelorMittal SA ADR.
Annual Capital Reinvestment Ratio for ArcelorMittal SA ADR (1997–2025)
Year-by-year Capital Reinvestment Ratio for ArcelorMittal SA ADR from 1997 to 2025. See ArcelorMittal SA ADR free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |