ArcelorMittal Asset Turnover 2010-2024 | MT
Current and historical asset turnover for ArcelorMittal (MT) from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets. ArcelorMittal asset turnover for the three months ending December 31, 2024 was 0.17.
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Steel Producers |
$22.309B |
$62.441B |
|
ArcelorMittal is the world's leading steel and mining company. It operates a balanced portfolio of cost competitive steel plants across both the developed and developing world. It is the leader in all the main sectors automotive, household appliances, packaging and construction.ArcelorMittal's steel-making operations have significant geographic diversification with crude steel produced in the Americas, Europe and other countries. Long-term contracts add to the stability of the company's business. ArcelorMittal has changed its organizational structure, to reduce organizational complexity and simplify processes. The new reporting segments now include - North American Free Trade Agreement, Brazil, Europe and Asia Africa and CIS/ACIS with the Mining segment remaining unchanged. ArcelorMittal maintains a strategy of selective divestment of non-core assets.
|
