MT FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
MT's fcf yield is lower than 83% of the last 10 years.
FCF Yield History
MT FCF Yield by year
Yearly range of MT’s fcf yield from 2016 to 2026. Over the full period it ranged from -5.3% to 44.5%, averaging 9.3%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | -4.2% | -3.1% | -2.4% | -3.3% |
| 2025 | -5.3% | -3.4% | -1.5% | -3.8% |
| 2024 | -5.0% | 4.7% | 15.3% | -5.0% |
| 2023 | 13.5% | 20.9% | 29.3% | 13.8% |
| 2022 | 17.9% | 30.9% | 44.5% | 32.4% |
| 2021 | 4.7% | 9.2% | 21.0% | 21.0% |
| 2020 | 6.0% | 15.7% | 34.8% | 6.0% |
| 2019 | 3.7% | 8.1% | 14.1% | 13.8% |
| 2018 | 4.2% | 6.1% | 8.4% | 4.2% |
| 2017 | 0.9% | 2.5% | 4.1% | 2.3% |
| 2016 | -1.9% | 0.6% | 1.4% | 1.1% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is MT FCF Yield High or Low Right Now?
ArcelorMittal S.A.'s FCF Yield is currently -3.3%, which is historically low relative to its 10-year historical range. The 10-year median FCF Yield for MT is approximately 7.0%. See all MT valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.