Switch to:
GuruFocus has detected 1 Warning Sign with ArcelorMittal SA $MT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
ArcelorMittal SA (NYSE:MT)
Non-Recurring Items
$-707 Mil (TTM As of Mar. 2017)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. ArcelorMittal SA's non-recurring items for the three months ended in Mar. 2017 was $-47 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $-707 Mil.

As of today, ArcelorMittal SA's share price is $22.89. ArcelorMittal SA's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2017 was $3.18. Therefore, ArcelorMittal SA's P/E (NRI) ratio for today is 7.20.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

ArcelorMittal SA Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2017 was -282 (Jun. 2016 ) + -114 (Sep. 2016 ) + -264 (Dec. 2016 ) + -47 (Mar. 2017 ) = $-707 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

ArcelorMittal SA's P/E (NRI) Ratio for today is calculated as

ArcelorMittal SA's Share Price of today is $22.89.
ArcelorMittal SA's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2017 was 1.14 (Jun. 2016 ) + 0.66 (Sep. 2016 ) + 0.39 (Dec. 2016 ) + 0.99 (Mar. 2017 ) = $3.18.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ArcelorMittal SA Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Non Operating Income 1,320848-1,291451614185-1,780-2,085-2,082-327

ArcelorMittal SA Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Non Operating Income -929-75852-379-997333-282-114-264-47
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK