MT vs. VALE: ArcelorMittal vs. Vale Stock Comparison

November 11, 2026

How do ArcelorMittal (MT) and Vale (VALE) 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

ArcelorMittal (MT) and Vale (VALE) are both classified in the Steel sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.

Both ArcelorMittal (MT) and Vale (VALE) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for ArcelorMittal (MT) and Vale (VALE)
Profile Item	MT	VALE
Name	ArcelorMittal NY Registry Shares	Vale S.A. American Depositary Shares
Country/Region	Luxembourg	Brazil
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Steel	Steel
Market Capitalization	45.85 billion USD	49.32 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	August 7, 1997	March 21, 2002
Security Type	ADR	ADR

Price Performance

Cumulative Growth

VALE

GSPC

ArcelorMittal (MT) vs. Vale (VALE), 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 ArcelorMittal (MT) and Vale (VALE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Total Return (1Y)	65.49%	6.20%
Total Return (3Y, Annualized)	45.03%	3.12%
Total Return (5Y, Annualized)	16.55%	8.31%

Risk Profile

Drawdown History

VALE

GSPC

ArcelorMittal (MT) vs. Vale (VALE), 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 ArcelorMittal (MT) and Vale (VALE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

ArcelorMittal (MT) has an aggressive beta of 1.49, indicating higher sensitivity to broad-market moves, while Vale (VALE) is defensive at 0.48 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Volatility (1Y, Annualized)	44.08%	33.88%
Beta (5Y)	1.49	0.48
Max Drawdown (5Y)	-45.99%	-49.81%
Avg. Volume (3M)	1.35M	32.62M

Risk-Adjusted Performance

Risk-Return Positioning

MT and VALE 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 ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Sharpe Ratio (1Y)	1.39	0.06
Sortino Ratio (1Y)	2.23	0.08

Profitability

ROE (TTM)

Both ArcelorMittal (MT) at 1.83% and Vale (VALE) at 0.26% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

MT

Materials industry group

1.83%

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

VALE

Materials industry group

0.26%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
VALE: 0.26%
Q1: -3.41%
Min: -32.81%

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

Net Margin (TTM)

Both ArcelorMittal (MT) at 1.64% and Vale (VALE) at 1.01% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

MT

Materials industry group

1.64%

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

VALE

Materials industry group

1.01%

Max: 38.66%
Q3: 15.98%
Median: 5.28%
VALE: 1.01%
Q1: 0.00%
Min: -20.40%

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

Operating Margin (TTM)

Both ArcelorMittal (MT) at 6.16% and Vale (VALE) at 19.31% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

MT

Materials industry group

6.16%

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

VALE

Materials industry group

19.31%

Max: 66.70%
Q3: 28.92%
VALE: 19.31%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

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

Profitability Metrics

Profitability metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
ROE (TTM)	1.83%	0.26%
ROA (TTM)	1.31%	6.97%
Net Margin (TTM)	1.64%	1.01%
Operating Margin (TTM)	6.16%	19.31%
Gross Margin (TTM)	8.16%	32.06%

Growth

Revenue Growth

Vale (VALE) at 0.91% 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.

ArcelorMittal (MT) vs. Vale (VALE): 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 Vale (VALE) at -61.81% is closer to the peer norm — faster per-share earnings growth for MT.

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

Growth Metrics

Growth metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Revenue Growth (YoY)	-1.74%	0.91%
Revenue Growth (3Y CAGR)	-8.41%	-4.32%
EPS Growth (YoY)	143.20%	-61.81%
EPS Growth (3Y CAGR)	-26.09%	-48.60%

Financial Strength

Current Ratio (MRQ)

Both ArcelorMittal (MT) at 1.41 and Vale (VALE) at 1.10 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

MT

Materials industry group

1.41

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

VALE

Materials industry group

1.10

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
VALE: 1.10
Min: 0.16

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

Debt / Equity (MRQ)

Both ArcelorMittal (MT) at 0.24 and Vale (VALE) at 0.55 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

MT

Materials industry group

0.24

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

VALE

Materials industry group

0.55

Max: 1.98
Q3: 0.89
VALE: 0.55
Median: 0.47
Q1: 0.13
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Current Ratio (MRQ)	1.41	1.10
Debt / Equity (MRQ)	0.24	0.55
Net Debt / EBITDA	2.08	1.20

Dividends

Dividend Yield (TTM)

ArcelorMittal (MT) at 0.99% pays an industry-typical yield; Vale (VALE) at 49.02% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

MT

Materials industry group

0.99%

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

VALE

Materials industry group

49.02%

VALE: 49.02%
Max: 4.52%
Q3: 1.85%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Vale (VALE) reports payout ratio above 100% at 526.96%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile ArcelorMittal (MT) reports 52.92%, ranking against industry peers normally.

MT

Materials industry group

52.92%

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

VALE

Materials industry group

526.96%

VALE: 526.96%
Max: 83.62%
Q3: 41.37%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
Dividend Yield (TTM)	0.99%	49.02%
Dividend Payout Ratio (TTM)	52.92%	526.96%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: ArcelorMittal (MT) at 44.51 sits in the richer P/E ratio quartile, and Vale (VALE) at 72.44 is richer still, above its industry range.

MT

Materials industry group

44.51

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

VALE

Materials industry group

72.44

VALE: 72.44
Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

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

P/S Ratio (TTM)

Both ArcelorMittal (MT) at 0.72 and Vale (VALE) at 0.23 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

MT

Materials industry group

0.72

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

VALE

Materials industry group

0.23

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
VALE: 0.23
Min: 0.00

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

P/B Ratio (MRQ)

On P/B ratio, both ArcelorMittal (MT) at 1.70 and Vale (VALE) at 1.27 are valued close to their industries’ norm against book — neither stands out from peers.

MT

Materials industry group

1.70

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

VALE

Materials industry group

1.27

Max: 6.59
Q3: 3.55
Median: 2.08
VALE: 1.27
Q1: 1.26
Min: -0.17

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

Valuation Metrics

Valuation metrics for ArcelorMittal (MT) and Vale (VALE)
Metric	MT	VALE
P/E Ratio (TTM)	44.51	72.44
P/S Ratio (TTM)	0.72	0.23
P/B Ratio (MRQ)	1.70	1.27
Free Cash Flow Yield (TTM)	-1.75%	17.51%