CDE vs. MT: Coeur Mining vs. ArcelorMittal Stock Comparison

November 11, 2026

How do Coeur Mining (CDE) and ArcelorMittal (MT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Coeur Mining (CDE) and ArcelorMittal (MT) both belong to the Metals & Mining industry, though CDE is classified under Gold while MT falls under Steel.

Coeur Mining (CDE) trades as ordinary local shares, while ArcelorMittal (MT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Coeur Mining (CDE) and ArcelorMittal (MT)
Profile Item	CDE	MT
Name	Coeur Mining Inc.	ArcelorMittal NY Registry Shares
Country/Region	United States	Luxembourg
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Steel
Market Capitalization	15.81 billion USD	45.85 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	August 7, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

CDE

GSPC

Coeur Mining (CDE) vs. ArcelorMittal (MT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coeur Mining (CDE) and ArcelorMittal (MT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coeur Mining (CDE) and ArcelorMittal (MT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Total Return (1Y)	11.36%	65.49%
Total Return (3Y, Annualized)	95.48%	45.03%
Total Return (5Y, Annualized)	18.71%	16.55%

Risk Profile

Drawdown History

CDE

GSPC

Coeur Mining (CDE) vs. ArcelorMittal (MT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coeur Mining (CDE) and ArcelorMittal (MT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Volatility (1Y, Annualized)	71.55%	44.08%
Beta (5Y)	1.36	1.49
Max Drawdown (5Y)	-72.04%	-45.99%
Avg. Volume (3M)	35.87M	1.35M

Risk-Adjusted Performance

Risk-Return Positioning

CDE and MT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Sharpe Ratio (1Y)	0.10	1.39
Sortino Ratio (1Y)	0.15	2.23

Profitability

ROE (TTM)

Both Coeur Mining (CDE) at 10.26% and ArcelorMittal (MT) at 1.83% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CDE

Materials industry group

10.26%

Max: 52.88%
Q3: 19.49%
CDE: 10.26%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

MT

Materials industry group

1.83%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
MT: 1.83%
Q1: -3.41%
Min: -32.81%

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Coeur Mining (CDE) at 19.25% retains a top-quartile share of revenue as profit, ahead of ArcelorMittal (MT) at 1.64%, which keeps about the industry-typical share.

CDE

Materials industry group

19.25%

Max: 38.66%
CDE: 19.25%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

MT

Materials industry group

1.64%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
MT: 1.64%
Q1: 0.00%
Min: -20.40%

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Coeur Mining (CDE) at 17.85% and ArcelorMittal (MT) at 6.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CDE

Materials industry group

17.85%

Max: 66.70%
Q3: 28.92%
CDE: 17.85%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

MT

Materials industry group

6.16%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
MT: 6.16%
Q1: 3.28%
Min: -14.07%

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
ROE (TTM)	10.26%	1.83%
ROA (TTM)	6.88%	1.31%
Net Margin (TTM)	19.25%	1.64%
Operating Margin (TTM)	17.85%	6.16%
Gross Margin (TTM)	54.99%	8.16%

Growth

Revenue Growth

Coeur Mining (CDE) at 96.41% sits in the top revenue growth quartile, while ArcelorMittal (MT) at -1.74% is in the bottom quartile, showing a clear gap in revenue momentum.

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Coeur Mining (CDE) at 533.33% is the standout with EPS growth above its industry range; ArcelorMittal (MT) at 143.20% also sits in the top quartile.

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Revenue Growth (YoY)	96.41%	-1.74%
Revenue Growth (3Y CAGR)	38.12%	-8.41%
EPS Growth (YoY)	533.33%	143.20%
EPS Growth (3Y CAGR)	--	-26.09%

Financial Strength

Current Ratio (MRQ)

Coeur Mining (CDE) at 3.79 carries current ratio above its industry’s typical mid-range, while ArcelorMittal (MT) at 1.41 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

CDE

Materials industry group

3.79

Max: 5.96
CDE: 3.79
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

MT

Materials industry group

1.41

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
MT: 1.41
Min: 0.16

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Coeur Mining (CDE) at 0.07 keeps leverage in the lower industry quartile, while ArcelorMittal (MT) at 0.24 runs a more typical debt-to-equity mix.

CDE

Materials industry group

0.07

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
CDE: 0.07
Min: 0.00

MT

Materials industry group

0.24

Max: 1.98
Q3: 0.89
Median: 0.47
MT: 0.24
Q1: 0.13
Min: 0.00

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Current Ratio (MRQ)	3.79	1.41
Debt / Equity (MRQ)	0.07	0.24
Net Debt / EBITDA	-0.26	2.08

Dividends

Dividend Yield (TTM)

Both Coeur Mining (CDE) at 0.14% and ArcelorMittal (MT) at 0.99% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CDE

Materials industry group

0.14%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
CDE: 0.14%
Q1: 0.00%
Min: 0.00%

MT

Materials industry group

0.99%

Max: 4.52%
Q3: 1.85%
MT: 0.99%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Coeur Mining (CDE) at 2.33% pays out a band-typical share of earnings, while ArcelorMittal (MT) at 52.92% distributes more than its industry norm — less retained, thinner cover.

CDE

Materials industry group

2.33%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
CDE: 2.33%
Q1: 0.00%
Min: 0.00%

MT

Materials industry group

52.92%

Max: 83.62%
MT: 52.92%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
Dividend Yield (TTM)	0.14%	0.99%
Dividend Payout Ratio (TTM)	2.33%	52.92%

Valuation

P/E Ratio (TTM)

Coeur Mining (CDE) at 17.99 is near its industry’s usual P/E ratio, while ArcelorMittal (MT) at 44.51 sits in the richer quartile — MT needs stronger growth or earnings quality to justify the premium.

CDE

Materials industry group

17.99

Max: 59.00
Q3: 32.93
Median: 18.82
CDE: 17.99
Q1: 11.96
Min: 3.93

MT

Materials industry group

44.51

Max: 59.00
MT: 44.51
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

ArcelorMittal (MT) at 0.72 looks cheap on sales in the lower P/S ratio quartile, while Coeur Mining (CDE) at 4.39 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

CDE

Materials industry group

4.39

Max: 9.62
CDE: 4.39
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

MT

Materials industry group

0.72

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
MT: 0.72
Min: 0.00

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Coeur Mining (CDE) at 1.52 and ArcelorMittal (MT) at 1.70 are valued close to their industries’ norm against book — neither stands out from peers.

CDE

Materials industry group

1.52

Max: 6.59
Q3: 3.55
Median: 2.08
CDE: 1.52
Q1: 1.26
Min: -0.17

MT

Materials industry group

1.70

Max: 6.59
Q3: 3.55
Median: 2.08
MT: 1.70
Q1: 1.26
Min: -0.17

Coeur Mining (CDE) vs. ArcelorMittal (MT): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Coeur Mining (CDE) and ArcelorMittal (MT)
Metric	CDE	MT
P/E Ratio (TTM)	17.99	44.51
P/S Ratio (TTM)	4.39	0.72
P/B Ratio (MRQ)	1.52	1.70
Free Cash Flow Yield (TTM)	5.29%	-1.75%