3D Finite Element Analysis (FEA) was performed to determine flexural and elastic lateral-torsional buckling behavior of cellular beam by using European steel shape and quality. An experimental study from literature was chosen for verification of the Finite Element Model (FEM). Parametric studies were carried out with a verified numerical model to investigate the effect of some geometrical properties of the cellular beam such as hole diameter, hole spacing, and various types of rigidity plates on elastic buckling and flexural capacity of the beam. Geometric and material nonlinear behavior were included in FEM. In the other part of the study, the theoretical calculation method of Lateral Torsional Buckling (LTB) with gross section and with net section properties was also investigated. The study showed that the LTB calculation method given by AISC360-16 and TSDC-2016 design guides provided more accurate result with net cross-section for European steel shapes and quality.