KGC vs. MT: Kinross Gold vs. ArcelorMittal Stock Comparison

November 11, 2026

How do Kinross Gold (KGC) 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

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

Kinross Gold (KGC) 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 Kinross Gold (KGC) and ArcelorMittal (MT)
Profile Item	KGC	MT
Name	Kinross Gold 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	26.20 billion USD	45.85 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1981	August 7, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

KGC

GSPC

Kinross Gold (KGC) 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 Kinross Gold (KGC) and ArcelorMittal (MT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Total Return (1Y)	-6.33%	65.49%
Total Return (3Y, Annualized)	63.07%	45.03%
Total Return (5Y, Annualized)	31.69%	16.55%

Risk Profile

Drawdown History

KGC

GSPC

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

Risk Metrics

Risk profile metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Volatility (1Y, Annualized)	54.45%	44.08%
Beta (5Y)	0.79	1.49
Max Drawdown (5Y)	-55.22%	-45.99%
Avg. Volume (3M)	8.04M	1.35M

Risk-Adjusted Performance

Risk-Return Positioning

KGC 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 Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Sharpe Ratio (1Y)	-0.19	1.39
Sortino Ratio (1Y)	-0.27	2.23

Profitability

ROE (TTM)

Kinross Gold (KGC) at 35.31% sits in the top ROE quartile, while ArcelorMittal (MT) at 1.83% is closer to the peer norm — stronger capital efficiency for KGC.

KGC

Materials industry group

35.31%

Max: 52.88%
KGC: 35.31%
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%

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Kinross Gold (KGC) at 37.63% retains a top-quartile share of revenue as profit, ahead of ArcelorMittal (MT) at 1.64%, which keeps about the industry-typical share.

KGC

Materials industry group

37.63%

Max: 38.66%
KGC: 37.63%
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%

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Kinross Gold (KGC) at 45.59% operates in the top operating margin quartile, ahead of ArcelorMittal (MT) at 6.16%, which runs around its industry’s norm.

KGC

Materials industry group

45.59%

Max: 66.70%
KGC: 45.59%
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%

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
ROE (TTM)	35.31%	1.83%
ROA (TTM)	20.64%	1.31%
Net Margin (TTM)	37.63%	1.64%
Operating Margin (TTM)	45.59%	6.16%
Gross Margin (TTM)	68.61%	8.16%

Growth

Revenue Growth

Kinross Gold (KGC) at 36.95% is around its peer norm for revenue growth, while ArcelorMittal (MT) at -1.74% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Kinross Gold (KGC) at 153.25% and ArcelorMittal (MT) at 143.20% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Revenue Growth (YoY)	36.95%	-1.74%
Revenue Growth (3Y CAGR)	26.84%	-8.41%
EPS Growth (YoY)	153.25%	143.20%
EPS Growth (3Y CAGR)	--	-26.09%

Financial Strength

Current Ratio (MRQ)

Kinross Gold (KGC) at 2.87 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.

KGC

Materials industry group

2.87

Max: 5.96
Q3: 3.30
KGC: 2.87
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

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

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

KGC

Materials industry group

0.07

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
KGC: 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

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

Financial Strength Metrics

Financial strength metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Current Ratio (MRQ)	2.87	1.41
Debt / Equity (MRQ)	0.07	0.24
Net Debt / EBITDA	-0.35	2.08

Dividends

Dividend Yield (TTM)

Both Kinross Gold (KGC) at 0.74% and ArcelorMittal (MT) at 0.99% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

KGC

Materials industry group

0.74%

Max: 4.52%
Q3: 1.85%
KGC: 0.74%
Median: 0.38%
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%

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Kinross Gold (KGC) at 5.87% pays out a band-typical share of earnings, while ArcelorMittal (MT) at 52.92% distributes more than its industry norm — less retained, thinner cover.

KGC

Materials industry group

5.87%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
KGC: 5.87%
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%

Kinross Gold (KGC) vs. ArcelorMittal (MT): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
Dividend Yield (TTM)	0.74%	0.99%
Dividend Payout Ratio (TTM)	5.87%	52.92%

Valuation

P/E Ratio (TTM)

Kinross Gold (KGC) at 8.42 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.

KGC

Materials industry group

8.42

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
KGC: 8.42
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

Kinross Gold (KGC) 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 Kinross Gold (KGC) at 3.10 prices around its industry’s middle — MT costs less per dollar of sales, though read it alongside growth and margins.

KGC

Materials industry group

3.10

Max: 9.62
Q3: 4.34
KGC: 3.10
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

Kinross Gold (KGC) 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 Kinross Gold (KGC) at 2.63 and ArcelorMittal (MT) at 1.70 are valued close to their industries’ norm against book — neither stands out from peers.

KGC

Materials industry group

2.63

Max: 6.59
Q3: 3.55
KGC: 2.63
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

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

Valuation Metrics

Valuation metrics for Kinross Gold (KGC) and ArcelorMittal (MT)
Metric	KGC	MT
P/E Ratio (TTM)	8.42	44.51
P/S Ratio (TTM)	3.10	0.72
P/B Ratio (MRQ)	2.63	1.70
Free Cash Flow Yield (TTM)	9.40%	-1.75%