See more : Huadian Heavy Industries Co., Ltd. (601226.SS) Income Statement Analysis – Financial Results
Complete financial analysis of United States Steel Corporation (X) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of United States Steel Corporation, a leading company in the Steel industry within the Basic Materials sector.
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United States Steel Corporation (X)
About United States Steel Corporation
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical products. This segment serves customers in the automotive, appliance, construction, container, transportation, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. The company also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.05B | 21.07B | 20.28B | 9.74B | 12.94B | 14.18B | 12.25B | 10.26B | 11.57B | 17.51B | 17.42B | 19.33B | 19.88B | 17.37B | 11.05B | 23.82B | 16.87B | 15.72B | 14.04B | 13.97B | 9.33B | 6.95B | 6.29B | 6.13B | 5.38B | 6.18B | 6.81B | 6.55B | 6.46B | 6.07B | 5.61B | 4.95B | 4.86B | 6.07B |
| Cost of Revenue | 15.80B | 16.78B | 14.53B | 9.56B | 12.08B | 12.31B | 10.86B | 9.62B | 11.14B | 15.45B | 16.02B | 17.63B | 18.34B | 16.26B | 11.60B | 19.78B | 14.63B | 12.97B | 11.60B | 11.41B | 8.47B | 6.16B | 6.09B | 5.66B | 4.93B | 5.41B | 5.76B | 5.83B | 5.57B | 5.34B | 4.96B | 4.78B | 5.23B | 5.32B |
| Gross Profit | 2.25B | 4.29B | 5.74B | 183.00M | 855.00M | 1.87B | 1.39B | 638.00M | 433.00M | 2.06B | 1.41B | 1.70B | 1.54B | 1.12B | -549.00M | 4.04B | 2.24B | 2.75B | 2.44B | 2.56B | 859.00M | 791.00M | 195.00M | 476.00M | 452.00M | 774.00M | 1.05B | 718.00M | 891.00M | 724.00M | 650.00M | 171.00M | -364.00M | 753.00M |
| Gross Profit Ratio | 12.46% | 20.36% | 28.32% | 1.88% | 6.61% | 13.21% | 11.31% | 6.22% | 3.74% | 11.76% | 8.08% | 8.79% | 7.75% | 6.42% | -4.97% | 16.95% | 13.28% | 17.48% | 17.37% | 18.34% | 9.21% | 11.38% | 3.10% | 7.76% | 8.40% | 12.52% | 15.44% | 10.97% | 13.80% | 11.94% | 11.58% | 3.46% | -7.48% | 12.40% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 336.00M | 375.00M | 255.00M | 415.00M | 523.00M | 610.00M | 654.00M | 733.00M | 610.00M | 618.00M | 625.00M | 589.00M | 604.00M | 698.00M | 739.00M | 673.00M | 418.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -26.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -6.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 501.00M | 422.00M | 426.00M | 274.00M | 289.00M | 336.00M | 375.00M | 255.00M | 389.00M | 523.00M | 610.00M | 654.00M | 733.00M | 610.00M | 618.00M | 619.00M | 589.00M | 604.00M | 698.00M | 739.00M | 673.00M | 418.00M | 92.00M | -223.00M | -283.00M | -201.00M | -137.00M | -165.00M | -134.00M | -121.00M | -108.00M | -122.00M | 0.00 | 0.00 |
| Other Expenses | 0.00 | 756.00M | 763.00M | 643.00M | 601.00M | -69.00M | 493.00M | 505.00M | 546.00M | 615.00M | 684.00M | 645.00M | 670.00M | 643.00M | 612.00M | 447.00M | 487.00M | 428.00M | 352.00M | 357.00M | 307.00M | 307.00M | 250.00M | 595.00M | 519.00M | 495.00M | 543.00M | 523.00M | 528.00M | 532.00M | 523.00M | 496.00M | 253.00M | 278.00M |
| Operating Expenses | 2.25B | 1.18B | 1.19B | 917.00M | 890.00M | 854.00M | 870.00M | 760.00M | 935.00M | 1.14B | 1.29B | 1.30B | 1.40B | 1.25B | 1.23B | 1.07B | 1.08B | 1.03B | 1.05B | 1.10B | 980.00M | 725.00M | 686.00M | 372.00M | 236.00M | 294.00M | 406.00M | 358.00M | 394.00M | 411.00M | 415.00M | 374.00M | 253.00M | 278.00M |
| Cost & Expenses | 16.15B | 17.96B | 15.72B | 10.48B | 12.97B | 13.16B | 11.73B | 10.38B | 12.08B | 16.59B | 17.31B | 18.93B | 19.75B | 17.51B | 12.83B | 20.85B | 15.71B | 14.00B | 12.65B | 12.50B | 9.45B | 6.88B | 6.78B | 6.03B | 5.16B | 5.70B | 6.17B | 6.19B | 5.96B | 5.75B | 5.38B | 5.15B | 5.48B | 5.60B |
| Interest Income | 141.00M | 44.00M | 4.00M | 7.00M | 17.00M | 23.00M | 17.00M | 5.00M | 3.00M | 12.00M | 3.00M | 7.00M | 6.00M | 7.00M | 10.00M | 14.00M | 52.00M | 57.00M | 40.00M | 14.00M | 6.00M | 5.00M | 12.00M | 3.00M | 1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 72.00M | 159.00M | 313.00M | 232.00M | 142.00M | 168.00M | 226.00M | 230.00M | 214.00M | 234.00M | 266.00M | 214.00M | 190.00M | 274.00M | 149.00M | 169.00M | 125.00M | 106.00M | 79.00M | 120.00M | 146.00M | 128.00M | 127.00M | 96.00M | 54.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 916.00M | 791.00M | 791.00M | 643.00M | 616.00M | 521.00M | 501.00M | 507.00M | 547.00M | 627.00M | 684.00M | 661.00M | 681.00M | 658.00M | 661.00M | 605.00M | 506.00M | 441.00M | 366.00M | 382.00M | 363.00M | 350.00M | 344.00M | 360.00M | 304.00M | 283.00M | 303.00M | 292.00M | 318.00M | 314.00M | 314.00M | 288.00M | 253.00M | 278.00M |
| EBITDA | 2.04B | 4.21B | 5.45B | -384.00M | 306.00M | 1.50B | 1.03B | 321.00M | -698.00M | 1.03B | -1.28B | 897.00M | 898.00M | 468.00M | -1.02B | 3.83B | 1.77B | 2.28B | 1.79B | 1.98B | -497.00M | 491.00M | -75.00M | 455.00M | 434.00M | 862.00M | 949.00M | 638.00M | 815.00M | 627.00M | 549.00M | 85.00M | -364.00M | 753.00M |
| EBITDA Ratio | 11.27% | 19.46% | 25.81% | -1.85% | 6.61% | 10.82% | 7.93% | 5.13% | 5.50% | 12.54% | 16.37% | 7.02% | 3.99% | 2.95% | -11.24% | 14.95% | 10.15% | 14.19% | 12.94% | 13.42% | 2.43% | 6.42% | -1.54% | 9.28% | 10.89% | 10.74% | 12.00% | 8.02% | 11.18% | 8.90% | 11.83% | 2.02% | -7.67% | 11.44% |
| Operating Income | 1.90B | 3.31B | 4.44B | -823.00M | 239.00M | 1.02B | 608.00M | -165.00M | -1.06B | 413.00M | -1.90B | 247.00M | 248.00M | -111.00M | -1.68B | 3.10B | 1.21B | 1.79B | 1.44B | 1.58B | -730.00M | 128.00M | -405.00M | 104.00M | 216.00M | 480.00M | 646.00M | 360.00M | 497.00M | 313.00M | 235.00M | -203.00M | -617.00M | 475.00M |
| Operating Income Ratio | 10.54% | 15.71% | 21.90% | -8.45% | 1.85% | 7.19% | 4.96% | -1.61% | -9.12% | 2.36% | -10.90% | 1.28% | 1.25% | -0.64% | -15.24% | 13.00% | 7.19% | 11.36% | 10.25% | 11.31% | -7.83% | 1.84% | -6.44% | 1.70% | 4.01% | 7.76% | 9.48% | 5.50% | 7.70% | 5.16% | 4.19% | -4.10% | -12.69% | 7.82% |
| Total Other Income/Expenses | -856.00M | -853.00M | -1.02B | -240.00M | -222.00M | -226.00M | -263.00M | -292.00M | -14.00M | -243.00M | -332.00M | -241.00M | -238.00M | -274.00M | -161.00M | -62.00M | -105.00M | 21.00M | -127.00M | -119.00M | -96.00M | -115.00M | -141.00M | -105.00M | -74.00M | 57.00M | 40.00M | 7.00M | -44.00M | -65.00M | -445.00M | -191.00M | -139.00M | -38.00M |
| Income Before Tax | 1.05B | 3.26B | 4.34B | -1.31B | -452.00M | 812.00M | 301.00M | -416.00M | -1.31B | 170.00M | -2.23B | 6.00M | 9.00M | -385.00M | -1.85B | 3.03B | 1.11B | 1.72B | 1.31B | 1.46B | -860.00M | 13.00M | -546.00M | -1.00M | 76.00M | 537.00M | 686.00M | 367.00M | 453.00M | 248.00M | -210.00M | -394.00M | -756.00M | 437.00M |
| Income Before Tax Ratio | 5.80% | 15.47% | 21.43% | -13.42% | -3.49% | 5.73% | 2.46% | -4.05% | -11.34% | 0.97% | -12.81% | 0.03% | 0.05% | -2.22% | -16.70% | 12.74% | 6.57% | 10.96% | 9.35% | 10.46% | -9.22% | 0.19% | -8.69% | -0.02% | 1.41% | 8.68% | 10.07% | 5.61% | 7.02% | 4.09% | -3.74% | -7.96% | -15.54% | 7.20% |
| Income Tax Expense | 152.00M | 735.00M | 170.00M | -142.00M | 190.00M | -303.00M | -86.00M | 24.00M | 196.00M | 68.00M | -168.00M | 131.00M | 77.00M | 97.00M | -439.00M | 862.00M | 218.00M | 324.00M | 365.00M | 351.00M | -454.00M | -48.00M | -328.00M | 20.00M | 25.00M | 173.00M | 234.00M | 92.00M | 150.00M | 47.00M | -41.00M | -123.00M | -249.00M | 127.00M |
| Net Income | 895.00M | 2.52B | 4.17B | -1.17B | -642.00M | 1.12B | 387.00M | -440.00M | -1.51B | 102.00M | -2.06B | -124.00M | -68.00M | -482.00M | -1.40B | 2.11B | 879.00M | 1.37B | 910.00M | 1.14B | -463.00M | 61.00M | -218.00M | -21.00M | 44.00M | 364.00M | 452.00M | 273.00M | 301.00M | 201.00M | -238.00M | -1.61B | -507.00M | 310.00M |
| Net Income Ratio | 4.96% | 11.98% | 20.59% | -11.96% | -4.96% | 7.86% | 3.16% | -4.29% | -13.03% | 0.58% | -11.85% | -0.64% | -0.34% | -2.77% | -12.68% | 8.87% | 5.21% | 8.74% | 6.48% | 8.13% | -4.96% | 0.88% | -3.47% | -0.34% | 0.82% | 5.89% | 6.63% | 4.17% | 4.66% | 3.31% | -4.24% | -32.46% | -10.42% | 5.10% |
| EPS | 4.04 | 10.22 | 15.77 | -5.92 | -3.75 | 6.31 | 2.21 | -2.81 | -10.32 | 0.71 | -14.28 | -0.86 | -0.47 | -3.36 | -10.42 | 18.04 | 7.44 | 11.88 | 7.87 | 10.00 | -4.49 | 0.62 | -2.44 | -0.24 | 0.40 | 4.05 | 5.24 | 2.98 | 3.51 | 2.35 | -3.71 | -28.80 | -9.96 | 6.00 |
| EPS Diluted | 3.56 | 9.16 | 14.88 | -5.92 | -3.75 | 6.25 | 2.19 | -2.81 | -10.32 | 0.69 | -14.28 | -0.86 | -0.47 | -3.36 | -10.42 | 17.96 | 7.40 | 11.18 | 7.00 | 8.83 | -4.49 | 0.62 | -2.44 | -0.24 | 0.40 | 3.92 | 4.88 | 2.95 | 3.41 | 2.33 | -3.71 | -28.80 | -9.96 | 6.00 |
| Weighted Avg Shares Out | 224.76M | 246.99M | 264.67M | 196.72M | 171.42M | 176.63M | 174.79M | 156.58M | 146.09M | 145.16M | 144.58M | 144.19M | 143.97M | 143.57M | 134.47M | 117.10M | 118.09M | 114.92M | 113.34M | 111.70M | 103.18M | 97.43M | 89.22M | 89.22M | 87.50M | 87.65M | 83.78M | 84.23M | 78.92M | 74.89M | 64.11M | 55.77M | 50.90M | 51.00M |
| Weighted Avg Shares Out (Dil) | 255.36M | 276.96M | 280.44M | 196.72M | 171.42M | 178.46M | 176.52M | 156.67M | 146.09M | 152.10M | 144.58M | 144.24M | 143.97M | 143.57M | 134.47M | 117.62M | 118.82M | 122.92M | 127.43M | 126.50M | 103.18M | 97.43M | 89.22M | 89.22M | 87.50M | 90.56M | 89.96M | 85.08M | 81.23M | 75.54M | 64.11M | 55.77M | 50.90M | 51.00M |
Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections
Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.
US Steel says arbitration board rules in favor of Nippon Steel's $14.9 bln buyout deal
U.S. Steel said on Wednesday the board of arbitration, jointly selected by the steelmaker and the United Steelworkers union, has ruled in favor of Nippon Steel's $14.9 billion buyout deal.
Board of Arbitration Rules in Favor of U. S. Steel, Affirming Transaction with Nippon Steel
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the Board of Arbitration, which is jointly selected by U. S. Steel and the United Steelworkers (“USW”) to decide disputes between them, ruled that U....
US Steel CEO asserts confidence in $14.9 billion sale to Nippon Steel amid political pushback
US Steel's CEO, David Burritt, is standing firm on the company's planned $14.9 billion sale to Japan's Nippon Steel, expressing confidence that the deal will ultimately succeed despite vocal opposition from President Joe Biden and other political figures.
U.S. Steel CEO on Nippon takeover: 'It's about resource allocation'
U.S. Steel CEO David Burritt defends sale to Nippon.
U.S. Steel CEO defends planned sale to Japan's Nippon, believes deal will ‘close on its merits'
U.S. Steel CEO David Burritt said the company "won't be able to succeed without Nippon." President Joe Biden has vowed that U.S. Steel will remain American-owned.
U.S. Steel CEO defends sale to Nippon, says deal will 'win on its merits'
U.S. Steel CEO David Burritt joins 'Money Movers' to discuss the company's growth strategy, a possible merger with Nippon, and more.
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U. S. Steel Earns World's First Ever Certification for ResponsibleSteel™ Certified Steel at its Big River Steel Operation
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big...
U.S. Steel Projects Strong Q3 Despite Tubular and European Headwinds
X's Q3 guidance reflects resilience amid pricing challenges, driven by strong flat-rolled demand and strategic investments.
Source: https://incomestatements.info
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