ArcelorMittal SA (MT) — Free Cash Flow Generation Index
ArcelorMittal SA (MT) has a Free Cash Flow Generation Index of 0.55x as of December 2025. Free cash flow of €1.77 Billion represents 1% of operating cash flow (€3.19 Billion). See working capital to net assets of ArcelorMittal SA to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
ArcelorMittal SA Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for ArcelorMittal SA across 29 annual periods. Explore debt repayment capacity of ArcelorMittal SA to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for ArcelorMittal SA (1997–2025)
Year-by-year Free Cash Flow Generation Index for ArcelorMittal SA. For the full company profile including market capitalisation, see market cap of ArcelorMittal SA.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.10x | €490.20 Million | €5.00 Billion | €4.51 Billion | ▲ +6.3% |
| 2024 | 0.09x | €447.00 Million | €4.85 Billion | €4.41 Billion | ▼ -76.8% |
| 2023 | 0.40x | €3.03 Billion | €7.64 Billion | €4.61 Billion | ▼ -39.9% |
| 2022 | 0.66x | €6.74 Billion | €10.20 Billion | €3.47 Billion | ▼ -5.2% |
| 2021 | 0.70x | €6.90 Billion | €9.90 Billion | €3.01 Billion | ▲ +73.0% |
| 2020 | 0.40x | €1.64 Billion | €4.08 Billion | €2.44 Billion | ▼ -0.9% |
| 2019 | 0.41x | €2.44 Billion | €6.02 Billion | €3.57 Billion | ▲ +91.4% |
| 2018 | 0.21x | €891.00 Million | €4.20 Billion | €3.31 Billion | ▼ -44.4% |
| 2017 | 0.38x | €1.74 Billion | €4.56 Billion | €2.82 Billion | ▲ +292.0% |
| 2016 | 0.10x | €264.00 Million | €2.71 Billion | €2.44 Billion | ▲ +137.7% |
| 2015 | -0.26x | €-556.00 Million | €2.15 Billion | €2.71 Billion | ▼ -588.0% |
| 2014 | 0.05x | €205.00 Million | €3.87 Billion | €3.67 Billion | ▼ -73.0% |
| 2013 | 0.20x | €844.00 Million | €4.30 Billion | €3.45 Billion | ▲ +70.2% |
| 2012 | 0.12x | €611.00 Million | €5.29 Billion | €4.68 Billion | ▲ +106.7% |
| 2011 | -1.72x | €-3.06 Billion | €1.78 Billion | €4.84 Billion | ▼ -1078.2% |
| 2010 | 0.18x | €707.00 Million | €4.01 Billion | €3.31 Billion | ▼ -71.4% |
| 2009 | 0.62x | €4.49 Billion | €7.28 Billion | €2.79 Billion | ▼ -1.0% |
| 2008 | 0.62x | €9.12 Billion | €14.65 Billion | €5.53 Billion | ▼ -7.2% |
| 2007 | 0.67x | €11.08 Billion | €16.53 Billion | €5.45 Billion | ▲ +14.0% |
| 2006 | 0.59x | €4.19 Billion | €7.12 Billion | €2.94 Billion | ▼ -16.4% |
| 2005 | 0.70x | €2.79 Billion | €3.97 Billion | €1.18 Billion | ▼ -12.7% |
| 2004 | 0.81x | €3.71 Billion | €4.61 Billion | €898.00 Million | ▲ +508.8% |
| 2003 | 0.13x | €25.00 Million | €189.00 Million | €164.00 Million | ▼ -63.0% |
| 2002 | 0.36x | €60.00 Million | €168.00 Million | €108.00 Million | ▲ +125.1% |
| 2001 | -1.43x | €-57.00 Million | €40.00 Million | €97.00 Million | ▼ -375.6% |
| 2000 | 0.52x | €197.00 Million | €381.00 Million | €184.00 Million | ▼ -19.6% |
| 1999 | 0.64x | €385.00 Million | €599.00 Million | €214.00 Million | ▲ +113.3% |
| 1998 | -4.83x | €-1.22 Billion | €253.00 Million | €1.47 Billion | ▼ -4210.2% |
| 1997 | -0.11x | €-29.00 Million | €259.00 Million | €288.00 Million | — |