IAG vs. MT: IAMGOLD vs. ArcelorMittal Stock Comparison

November 11, 2026

How do IAMGOLD (IAG) 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

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

IAMGOLD (IAG) 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 IAMGOLD (IAG) and ArcelorMittal (MT)
Profile Item	IAG	MT
Name	IAMGOLD Corporation	ArcelorMittal NY Registry Shares
Country/Region	Canada	Luxembourg
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Steel
Market Capitalization	10.63 billion USD	45.85 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 15, 2003	August 7, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

IAG

GSPC

IAMGOLD (IAG) 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 IAMGOLD (IAG) and ArcelorMittal (MT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Total Return (1Y)	53.79%	65.49%
Total Return (3Y, Annualized)	103.91%	45.03%
Total Return (5Y, Annualized)	44.74%	16.55%

Risk Profile

Drawdown History

IAG

GSPC

IAMGOLD (IAG) 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 IAMGOLD (IAG) and ArcelorMittal (MT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Volatility (1Y, Annualized)	64.39%	44.08%
Beta (5Y)	1.33	1.49
Max Drawdown (5Y)	-73.58%	-45.99%
Avg. Volume (3M)	5.11M	1.35M

Risk-Adjusted Performance

Risk-Return Positioning

IAG 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 IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Sharpe Ratio (1Y)	0.77	1.39
Sortino Ratio (1Y)	1.17	2.23

Profitability

ROE (TTM)

IAMGOLD (IAG) at 34.91% sits in the top ROE quartile, while ArcelorMittal (MT) at 1.83% is closer to the peer norm — stronger capital efficiency for IAG.

IAG

Materials industry group

34.91%

Max: 52.88%
IAG: 34.91%
Q3: 19.49%
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%

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

IAMGOLD (IAG) at 34.29% retains a top-quartile share of revenue as profit, ahead of ArcelorMittal (MT) at 1.64%, which keeps about the industry-typical share.

IAG

Materials industry group

34.29%

Max: 38.66%
IAG: 34.29%
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%

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

IAMGOLD (IAG) at 43.99% operates in the top operating margin quartile, ahead of ArcelorMittal (MT) at 6.16%, which runs around its industry’s norm.

IAG

Materials industry group

43.99%

Max: 66.70%
IAG: 43.99%
Q3: 28.92%
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%

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
ROE (TTM)	34.91%	1.83%
ROA (TTM)	20.39%	1.31%
Net Margin (TTM)	34.29%	1.64%
Operating Margin (TTM)	43.99%	6.16%
Gross Margin (TTM)	51.82%	8.16%

Growth

Revenue Growth

IAMGOLD (IAG) at 74.70% 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.

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their Revenue Growth across different time periods.

EPS Growth

ArcelorMittal (MT) at 143.20% sits in the top EPS growth quartile, while IAMGOLD (IAG) at -24.00% is closer to the peer norm — faster per-share earnings growth for MT.

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Revenue Growth (YoY)	74.70%	-1.74%
Revenue Growth (3Y CAGR)	43.83%	-8.41%
EPS Growth (YoY)	-24.00%	143.20%
EPS Growth (3Y CAGR)	--	-26.09%

Financial Strength

Current Ratio (MRQ)

IAMGOLD (IAG) at 2.41 keeps current ratio within its industry’s typical mid-range, while ArcelorMittal (MT) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MT.

IAG

Materials industry group

2.41

Max: 5.96
Q3: 3.30
IAG: 2.41
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

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

IAMGOLD (IAG) at 0.12 keeps leverage in the lower industry quartile, while ArcelorMittal (MT) at 0.24 runs a more typical debt-to-equity mix.

IAG

Materials industry group

0.12

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
IAG: 0.12
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

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

Financial Strength Metrics

Financial strength metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Current Ratio (MRQ)	2.41	1.41
Debt / Equity (MRQ)	0.12	0.24
Net Debt / EBITDA	-0.10	2.08

Dividends

Dividend Yield (TTM)

IAMGOLD (IAG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ArcelorMittal (MT) reports a yield of 0.99%, ranking against industry peers normally.

IAG

Materials industry group

0.00%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
IAG: 0.00%
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%

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

IAMGOLD (IAG) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ArcelorMittal (MT) reports a payout of 52.92%, ranking against industry peers normally.

IAG

Materials industry group

0.00%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
IAG: 0.00%
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%

IAMGOLD (IAG) vs. ArcelorMittal (MT): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
Dividend Yield (TTM)	0.00%	0.99%
Dividend Payout Ratio (TTM)	0.00%	52.92%

Valuation

P/E Ratio (TTM)

IAMGOLD (IAG) at 8.34 sits in the cheaper P/E ratio quartile, while ArcelorMittal (MT) at 44.51 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

IAG

Materials industry group

8.34

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
IAG: 8.34
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

IAMGOLD (IAG) 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 sits in the cheaper P/S ratio quartile while IAMGOLD (IAG) at 2.77 prices around its industry’s middle — MT costs less per dollar of sales, though read it alongside growth and margins.

IAG

Materials industry group

2.77

Max: 9.62
Q3: 4.34
IAG: 2.77
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

IAMGOLD (IAG) 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 IAMGOLD (IAG) at 2.30 and ArcelorMittal (MT) at 1.70 are valued close to their industries’ norm against book — neither stands out from peers.

IAG

Materials industry group

2.30

Max: 6.59
Q3: 3.55
IAG: 2.30
Median: 2.08
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

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

Valuation Metrics

Valuation metrics for IAMGOLD (IAG) and ArcelorMittal (MT)
Metric	IAG	MT
P/E Ratio (TTM)	8.34	44.51
P/S Ratio (TTM)	2.77	0.72
P/B Ratio (MRQ)	2.30	1.70
Free Cash Flow Yield (TTM)	11.69%	-1.75%