On Feb. 21, Arcelor Mittal
- All figures below are based on consolidated pro-forma statements. Looking to understand what pro-formas are all about? Try here.
- In the fourth quarter alone, the firm raked in an incredible $2.6 billion in free cash flow. That's heavy.
- Full-year net income decreased 4% to $8 billion, or $5.76 per share.
- For Q1 2007, the company expects EBITDA between $4 billion and $4.2 billion, roughly in line with this past quarter.
- Arcelor Mittal is a four-star stock in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q3 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$23,203.0 |
$22,069.0 |
5.1% |
|
Net Profit |
$2,371.0 |
$2,182.0 |
8.7% |
|
EPS |
$1.71 |
$1.57 |
8.9% |
|
Diluted Shares |
1,384.0 |
1,386.0 |
(0.1%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q3 2006 |
Change* |
|
|---|---|---|---|
|
Operating Margin |
14.0% |
15.6% |
(1.6) |
|
Net Margin |
10.2% |
9.9% |
0.3 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q3 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$6,026.0 |
$5,746.0 |
4.9% |
|
Accounts Rec. |
$8,769.0 |
$9,545.0 |
(8.1%) |
|
Inventory |
$19,238.0 |
$18,543.0 |
3.7% |
|
Liabilities |
Q4 2006 |
Q3 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$10,717.0 |
$9,926.0 |
8.0% |
|
Long-Term Debt |
$21,645.0 |
$25,649.0 |
(15.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q4 2006 |
Q3 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$4,267.0 |
$1,725.0 |
147.4% |
|
Capital Expenditures |
$1,633.0 |
$1,046.0 |
56.1% |
|
Free Cash Flow |
$2,634.0 |
$679.0 |
287.9% |
Find out why Fools always follow the money.
Related Companies:
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POSCO
(NYSE:PKX) -
Nucor
(NYSE:NUE) -
U.S. Steel
(NYSE:X) -
Gerdau
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Corus Group
(NYSE:CGA)
Related Foolishness:
POSCO is a Motley Fool Income Investor recommendation. Find more dividend superstars with a free 30-day trial of James Early's low-risk, high-reward newsletter service. In its single days, Mittal was a former Income Investor pick.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
