ArcelorMittal (steel production) closed the first three months of 2026 with revenues of $15.46 billion. The figure marks an increase compared to the 14.79 billion in the same period of the previous year, confirming a growth in turnover despite the persistent instability in the Middle East area. However, net profit attributable to shareholders contracted, stopping at $575 million versus $805 million recorded in the first quarter of 2025.
Profitability per ton
A central indicator for the company is Ebitda per ton, which in the first quarter was $131. This is an increase of 15 dollars compared to the first three months of last year, we read in a note from the last few hours. This parameter indicates the company’s ability to generate operating margins on each single unit of product sold, and has been indicated by the group’s top management as a sign of the solidity of the portfolio of assets distributed globally.
The decline in earnings per share
Despite the increase in overall turnover, earnings figures for members show a decline. Adjusted earnings per share fell to $0.76 from $1.05 in the same period last year. The overall net result reflects this trend, highlighting how the increase in gross revenues was not accompanied by a proportional maintenance of final profits compared to the previous management.
Safety at work
According to CEO Aditya Mittal, the group has reached the lowest level of Ltifr (Lost time injury frequency rate) in the history of the company. This index measures the frequency of workplace accidents resulting in absence from duty. The company presented the data as a tangible result of its commitment to internal security, calling it “the best quarterly parameter ever recorded since the start of the industrial group’s activities”.
The group’s prospects
The CEO attributed the stability of the performance to the diversification strategy of the plants. While recognizing the difficulties arising from the international geopolitical context, ArcelorMittal’s top management underlined that the current corporate configuration made it possible to manage instability “without compromising operational continuity”. The future strategy will remain linked to the consolidation of current assets and the control of operating margins for each ton produced.