ArcelorMittal SA (ARRD) — Capital Reinvestment Ratio
ArcelorMittal SA (ARRD) has a Capital Reinvestment Ratio of 0.45x as of December 2025, meaning it reinvests 0% of its operating cash flow (€3.19 Billion) in capital expenditures (€1.42 Billion). See ARRD equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ArcelorMittal SA Capital Reinvestment Ratio (1997–2025)
This chart tracks ArcelorMittal SA's Capital Reinvestment Ratio across 29 annual periods. Check ArcelorMittal SA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for ArcelorMittal SA (1997–2025)
Year-by-year Capital Reinvestment Ratio for ArcelorMittal SA from 1997 to 2025. For live market cap and broader valuation context, see ArcelorMittal SA market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.90x | €5.00 Billion | €4.51 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 | — |