ArcelorMittal Tax Provision from 2010 to 2024

MT Stock  USD 25.11  0.18  0.71%   
ArcelorMittal Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 356.4 M in 2024. Tax Provision is the amount set aside by ArcelorMittal SA ADR to cover any estimated taxes for the current period. It reflects ArcelorMittal's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
197 M
Current Value
275 M
Quarterly Volatility
405 M
 
Covid
Check ArcelorMittal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ArcelorMittal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 655.6 M or Total Revenue of 59.6 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0289 or PTB Ratio of 0.42. ArcelorMittal financial statements analysis is a perfect complement when working with ArcelorMittal Valuation or Volatility modules.
  
Check out the analysis of ArcelorMittal Correlation against competitors.

Latest ArcelorMittal's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of ArcelorMittal SA ADR over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. ArcelorMittal's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ArcelorMittal's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

ArcelorMittal Tax Provision Regression Statistics

Arithmetic Mean591,762,963
Geometric Mean829,491,057
Coefficient Of Variation165.66
Mean Deviation602,716,049
Median902,000,000
Standard Deviation980,310,504
Sample Variance961008.7T
Range4.2B
R-Value(0.24)
Mean Square Error976445.1T
R-Squared0.06
Significance0.39
Slope(52,110,317)
Total Sum of Squares13454121.6T

ArcelorMittal Tax Provision History

2024356.4 M
2023657 M
20221.7 B
2021-2.5 B
20201.7 B
2019459 M
2018-349 M

About ArcelorMittal Financial Statements

ArcelorMittal shareholders use historical fundamental indicators, such as Tax Provision, to determine how well the company is positioned to perform in the future. Although ArcelorMittal investors may analyze each financial statement separately, they are all interrelated. The changes in ArcelorMittal's assets and liabilities, for example, are also reflected in the revenues and expenses on on ArcelorMittal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision657 M356.4 M

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Additional Tools for ArcelorMittal Stock Analysis

When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.