ArcelorMittal (MT) Reported Strong Q4 2025 Earnings Surprise, Expands Renewable Energy Capacity to 2.8GW by 2028

Financial Performance - ArcelorMittal SA reported Q4 2025 earnings per share of $0.86, which is 38.71% higher than the consensus estimate of $0.62, although revenue was below expectations at $14.97 billion [1] Renewable Energy Initiatives - The company plans to create 2.8GW of renewable energy capacity by 2028, which is estimated to add $0.4 billion to EBITDA [2] - ArcelorMittal has already licensed 1.6GW of renewable energy in India, Brazil, and Argentina, with an additional 1.2GW in progress [2] Iron Ore Business Development - The iron ore business in Liberia achieved record exports of 10 million tons in 2025, contributing $0.2 billion to EBITDA [3] - An agreement with the Government of Liberia allows operations to extend until 2050, with a new concentrator expected to ramp up to full capacity in 2026, enabling an expansion to 30 million tons capacity [3] Company Overview - ArcelorMittal SA is a leading steel and mining company that produces and sells steel products for various industries, including automotive, construction, and household appliances [4]