ArcelorMittal SA (MT) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.45x

ArcelorMittal SA (MT) has a Cash Flow Reinvestment Rate of 0.45x as of December 2025, reinvesting €1.42 Billion (capex €1.42 Billion ) from operating cash flow of €3.19 Billion. Explore ArcelorMittal SA capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.45x
(Capex + Investments) / Operating CF

Total Reinvested

€1.42 Billion
Capex + Investments

Operating Cash Flow

€3.19 Billion
EUR

Capital Expenditures

€1.42 Billion
EUR

ArcelorMittal SA Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for ArcelorMittal SA across 29 annual periods. Also explore MT total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for ArcelorMittal SA (1997–2025)

Year-by-year capital reinvestment analysis for ArcelorMittal SA. For live market cap and broader valuation context, see MT stock market capitalisation.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.91x €4.53 Billion €5.00 Billion €4.51 Billion ▼ -4.9%
2024 0.95x €4.62 Billion €4.85 Billion €4.41 Billion ▼ -33.9%
2023 1.44x €11.01 Billion €7.64 Billion €4.61 Billion ▲ +319.8%
2022 0.34x €3.50 Billion €10.20 Billion €3.47 Billion ▼ -39.4%
2021 0.57x €5.61 Billion €9.90 Billion €3.01 Billion ▼ -7.5%
2020 0.61x €2.50 Billion €4.08 Billion €2.44 Billion ▼ -10.9%
2019 0.69x €4.13 Billion €6.02 Billion €3.57 Billion ▼ -19.3%
2018 0.85x €3.57 Billion €4.20 Billion €3.31 Billion ▲ +35.6%
2017 0.63x €2.86 Billion €4.56 Billion €2.82 Billion ▼ -52.6%
2016 1.32x €3.59 Billion €2.71 Billion €2.44 Billion ▼ -1.8%
2015 1.35x €2.90 Billion €2.15 Billion €2.71 Billion ▲ +32.6%
2014 1.02x €3.94 Billion €3.87 Billion €3.67 Billion ▲ +26.7%
2013 0.80x €3.45 Billion €4.30 Billion €3.45 Billion ▼ -9.2%
2012 0.88x €4.68 Billion €5.29 Billion €4.68 Billion ▼ -67.5%
2011 2.72x €4.84 Billion €1.78 Billion €4.84 Billion ▲ +230.4%
2010 0.82x €3.31 Billion €4.01 Billion €3.31 Billion ▲ +114.8%
2009 0.38x €2.79 Billion €7.28 Billion €2.79 Billion ▲ +1.6%
2008 0.38x €5.53 Billion €14.65 Billion €5.53 Billion ▲ +14.5%
2007 0.33x €5.45 Billion €16.53 Billion €5.45 Billion ▼ -20.0%
2006 0.41x €2.94 Billion €7.12 Billion €2.94 Billion ▲ +38.7%
2005 0.30x €1.18 Billion €3.97 Billion €1.18 Billion ▲ +52.6%
2004 0.19x €898.00 Million €4.61 Billion €898.00 Million ▼ -77.6%
2003 0.87x €164.00 Million €189.00 Million €164.00 Million ▲ +35.0%
2002 0.64x €108.00 Million €168.00 Million €108.00 Million ▼ -73.5%
2001 2.43x €97.00 Million €40.00 Million €97.00 Million ▲ +402.1%
2000 0.48x €184.00 Million €381.00 Million €184.00 Million ▲ +35.2%
1999 0.36x €214.00 Million €599.00 Million €214.00 Million ▼ -93.9%
1998 5.83x €1.47 Billion €253.00 Million €1.47 Billion ▲ +423.9%
1997 1.11x €288.00 Million €259.00 Million €288.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow