ArcelorMittal SA (MT) — Cash Flow Reinvestment Rate

Latest as of June 2026: 2.49x

ArcelorMittal SA (MT) has a Cash Flow Reinvestment Rate of 2.49x as of June 2026, reinvesting €2.33 Billion (capex €2.33 Billion ) from operating cash flow of €932.88 Million. See ArcelorMittal SA (MT) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.49x
(Capex + Investments) / Operating CF

Total Reinvested

€2.33 Billion
Capex + Investments

Operating Cash Flow

€932.88 Million
EUR

Capital Expenditures

€2.33 Billion
EUR

ArcelorMittal SA Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for ArcelorMittal SA across 29 annual periods. For the full cash flow conversion analysis, see ArcelorMittal SA (MT) cash flow conversion.

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

Year-by-year capital reinvestment analysis for ArcelorMittal SA. See financial agility of ArcelorMittal SA to measure the company's free cash flow as a share of total liabilities.

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