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ArcelorMittal vs Titan International: revenue, profit, margins and growth compared

ArcelorMittal brought in $61.4B of revenue in fiscal 2025, Titan International $1.8B in fiscal 2025. Revenue changed by -1.7% at ArcelorMittal and -0.9% at Titan International on the year before, so Titan International grew faster. ArcelorMittal kept 5.1% of its revenue as net profit, Titan International -3.5%.

Side by side, latest fiscal year

MTTWI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$61.4B$1.8B
Revenue growth-1.7%-0.9%
Net income$3.2B-$63.5M
Net margin5.1%-3.5%
Free cash flown/a-$24.6M
Free cash flow marginn/a-1.3%
Earnings per share (diluted)$4.11-$1.00
Cash$5.4B$202.9M
Debt$13.4B$587.9M
Price to earningsn/an/a
Market value$53.8B$456.3M
Dividend yieldn/an/a
Rank by revenue in sector#9 of 451 · Industrials#227 of 451 · Industrials

Over the years

Revenue
MT FY2018: $76BMT FY2019: $70.6BMT FY2020: $53.3BMT FY2021: $76.6BMT FY2022: $79.8BMT FY2023: $68.3BMT FY2024: $62.4BMT FY2025: $61.4BTWI FY2018: $1.6BTWI FY2019: $1.4BTWI FY2020: $1.3BTWI FY2021: $1.8BTWI FY2022: $2.2BTWI FY2023: $1.8BTWI FY2024: $1.8BTWI FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
MT $61.4BTWI $1.8B
Net income
MT FY2018: $5.1BMT FY2019: -$2.5BMT FY2020: -$733MMT FY2021: $15BMT FY2022: $9.3BMT FY2023: $919MMT FY2024: $1.3BMT FY2025: $3.2BTWI FY2018: $16.1MTWI FY2019: -$48.4MTWI FY2020: -$60.4MTWI FY2021: $49.6MTWI FY2022: $176.3MTWI FY2023: $78.8MTWI FY2024: -$5.6MTWI FY2025: -$63.5MFY18FY19FY20FY21FY22FY23FY24FY25
MT $3.2BTWI -$63.5M
Net margin
MT FY2018: 6.8%MT FY2019: -3.5%MT FY2020: -1.4%MT FY2021: 19.5%MT FY2022: 11.7%MT FY2023: 1.3%MT FY2024: 2.1%MT FY2025: 5.1%TWI FY2018: 1.0%TWI FY2019: -3.3%TWI FY2020: -4.8%TWI FY2021: 2.8%TWI FY2022: 8.1%TWI FY2023: 4.3%TWI FY2024: -0.3%TWI FY2025: -3.5%FY18FY19FY20FY21FY22FY23FY24FY25
MT 5.1%TWI -3.5%
Revenue growth
MT FY2019: -7.1%MT FY2020: -24.6%MT FY2021: +43.7%MT FY2022: +4.3%MT FY2023: -14.5%MT FY2024: -8.5%MT FY2025: -1.7%TWI FY2019: -9.6%TWI FY2020: -13.1%TWI FY2021: +41.4%TWI FY2022: +21.9%TWI FY2023: -16.0%TWI FY2024: +1.3%TWI FY2025: -0.9%FY19FY20FY21FY22FY23FY24FY25
MT -1.7%TWI -0.9%
Free cash flow
TWI FY2018: -$75.2MTWI FY2019: $9MTWI FY2020: $35.5MTWI FY2021: -$28.1MTWI FY2022: $113.7MTWI FY2023: $118.6MTWI FY2024: $75.9MTWI FY2025: -$24.6MFY18FY19FY20FY21FY22FY23FY24FY25
MTTWI -$24.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about ArcelorMittal and Titan International

Which is bigger by revenue, ArcelorMittal or Titan International?

ArcelorMittal is bigger by revenue: $61.4B in fiscal 2025, against $1.8B for Titan International in fiscal 2025.

Which keeps more of its revenue as profit, ArcelorMittal or Titan International?

ArcelorMittal had a net margin of 5.1% in fiscal 2025; Titan International had -3.5% in fiscal 2025.

Which grew revenue faster, ArcelorMittal or Titan International?

In their latest fiscal years revenue changed by -1.7% at ArcelorMittal and -0.9% at Titan International.

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.

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