Stocks Comparison
ArcelorMittal vs Steel Dynamics: revenue, profit, margins and growth compared
ArcelorMittal brought in $61.4B of revenue in fiscal 2025, Steel Dynamics $18.2B in fiscal 2025. Revenue changed by -1.7% at ArcelorMittal and +3.6% at Steel Dynamics on the year before, so Steel Dynamics grew faster. ArcelorMittal kept 5.1% of its revenue as net profit, Steel Dynamics 6.5%.
Side by side, latest fiscal year
| MT | STLD | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $61.4B | $18.2B |
| Revenue growth | -1.7% | +3.6% |
| Net income | $3.2B | $1.2B |
| Net margin | 5.1% | 6.5% |
| Free cash flow | n/a | $501.5M |
| Free cash flow margin | n/a | 2.8% |
| Earnings per share (diluted) | $4.11 | $7.99 |
| Cash | $5.4B | $769.9M |
| Debt | $13.4B | $4.2B |
| Price to earnings | n/a | 29.2 |
| Market value | $53.8B | $33.5B |
| Dividend yield | n/a | 0.86% |
| Rank by revenue in sector | #9 of 451 · Industrials | #33 of 451 · Industrials |
Over the years
Questions about ArcelorMittal and Steel Dynamics
Which is bigger by revenue, ArcelorMittal or Steel Dynamics?
ArcelorMittal is bigger by revenue: $61.4B in fiscal 2025, against $18.2B for Steel Dynamics in fiscal 2025.
Which keeps more of its revenue as profit, ArcelorMittal or Steel Dynamics?
ArcelorMittal had a net margin of 5.1% in fiscal 2025; Steel Dynamics had 6.5% in fiscal 2025.
Which grew revenue faster, ArcelorMittal or Steel Dynamics?
In their latest fiscal years revenue changed by -1.7% at ArcelorMittal and +3.6% at Steel Dynamics.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.