On November 6, ArcelorMittal, a leading integrated steel and mining company, released its financial and operational results for the third quarter. This report highlights the company’s capability to navigate challenging market conditions while focusing on employee safety and operational efficiency.
Financial highlights and operational performance
For the third quarter, ArcelorMittal reported an EBITDA of $1.5 billion, which translates to a margin of $111 per tonne. This performance marks a significant improvement from previous cycles, driven by strategic initiatives such as asset optimization, market diversification, and continued investments in growth. Although the company operates at the lower end of the market cycle, these results underscore its resilience.
Profitability and income details
ArcelorMittal reported a net income of $0.4 billion, translating to earnings per share of $0.50. Adjusted figures were more favorable, with adjusted net income reaching $0.5 billion and adjusted earnings per share at $0.62. These results underscore ArcelorMittal’s robust financial position as it navigates a changing market environment.
Commitment to safety and sustainable practices
ArcelorMittal prioritizes the health and safety of its workforce. The company recorded a lost time injury frequency (LTIF) rate of 0.76 for the third quarter of 2025, reflecting an improvement from 0.68 in the previous quarter. This progress is attributed to the first year of a three-year safety transformation program aimed at cultivating a unified safety culture across its operations.
Safety initiatives and future plans
ArcelorMittal has implemented several measures to enhance safety protocols. These include a new global tool for tracking audit levels, the introduction of a fatality prevention standard for contractors, and the adoption of best-in-class safety management practices across its facilities. Through these initiatives, the company aims to establish a comprehensive safety framework and achieve its target of zero fatalities and serious injuries.
Strategic outlook and market position
ArcelorMittal expresses optimism regarding its future prospects. Recent proposals from the European Commission for trade adjustments and the Carbon Border Adjustment Mechanism (CBAM) are anticipated to support the steel industry. This development will allow ArcelorMittal to optimize its operations and improve profitability.
ArcelorMittal is strategically positioned to benefit from the expected rise in steel demand, especially in sectors like renewable energy, infrastructure development, and advanced mobility solutions. The company is focusing on organic growth and plans to invest in initiatives that will enhance its long-term EBITDA capacity.
Shareholder returns and financial strength
In 2025, ArcelorMittal has pledged to return at least 50% of its annual free cash flow to shareholders, alongside a base dividend of $0.55 per share. Share buybacks have been a key aspect of this strategy, with the company repurchasing 8.8 million shares for a total of $262 million this year. These actions have significantly reduced the number of outstanding shares, underscoring the company’s commitment to maximizing shareholder value.
ArcelorMittal’s third quarter results for 2025 demonstrate a resilient performance despite challenging market conditions. The company’s commitment to safety, sustainability, and strategic growth enhances its position in the global steel industry. This focus not only supports ongoing operations but also indicates potential for future success.