ArcelorMittal Gross Margin 2010-2024 | MT
- ArcelorMittal average gross margin for 2023 was 9.17%, a 58.07% decline from 2022.
- ArcelorMittal average gross margin for 2022 was 21.87%, a 14.08% decline from 2021.
- ArcelorMittal average gross margin for 2021 was 19.17%, a 688.89% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.