United States Steel Corporation (X)

X Income Statement

Revenue, expenses, and profitability analysis

X Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2025	12/31/2024	09/30/2024	06/30/2024	03/31/2024	12/31/2023	09/30/2023	06/30/2023
Gross Profit	1.150B	234.000M	239.000M	392.000M	285.000M	333.000M	293.000M	593.000M	847.000M
Revenue	15.193B	3.727B	3.509B	3.840B	4.117B	4.190B	4.144B	4.431B	5.008B
Cost of Goods Sold	14.043B	3.493B	3.270B	3.448B	3.832B	3.857B	3.851B	3.838B	4.161B
Gross Profit Margin	6.3%	6.3%	6.8%	10.2%	6.9%	7.9%	7.1%	13.4%	16.9%
Total Operating Expenses	959.000M	356.000M	122.000M	357.000M	124.000M	106.000M	524.000M	316.000M	319.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	436.000M	120.000M	107.000M	104.000M	105.000M	119.000M	181.000M	118.000M	103.000M
Operating Income (EBIT)	-358.000M	-131.000M	-424.000M	36.000M	161.000M	227.000M	-231.000M	277.000M	564.000M
Operating Margin	-3.5%	-3.5%	-12.1%	0.9%	3.9%	5.4%	-5.6%	6.3%	11.3%
Income Before Tax (EBT)	82.000M	-147.000M	-119.000M	109.000M	239.000M	209.000M	-165.000M	341.000M	621.000M
Interest Income	66.000M	10.000M	8.000M	23.000M	25.000M	32.000M	38.000M	39.000M	34.000M
Interest Expense	67.000M	45.000M	15.000M	5.000M	2.000M	2.000M	9.000M	16.000M	20.000M
Other Income/Expense	420.000M	-16.000M	305.000M	73.000M	58.000M	-18.000M	-165.000M	64.000M	57.000M
Net Income	97.000M	-116.000M	-89.000M	119.000M	183.000M	171.000M	-80.000M	299.000M	477.000M
Income Tax Expense	-15.000M	-31.000M	-30.000M	-10.000M	56.000M	38.000M	-85.000M	42.000M	144.000M
Net Profit Margin	-3.1%	-3.1%	-2.5%	3.1%	4.4%	4.1%	-1.9%	6.7%	9.5%
EBITDA	1.101B	147.000M	147.000M	349.000M	458.000M	421.000M	85.000M	587.000M	865.000M
EBITDA Margin	3.9%	3.9%	4.2%	9.1%	11.1%	10.0%	2.1%	13.2%	17.3%
Depreciation & Amortization	952.000M	249.000M	251.000M	235.000M	217.000M	210.000M	241.000M	230.000M	224.000M
EPS Basic	0.44	-0.51	-0.40	0.54	0.81	0.76	-0.36	1.34	2.11
EPS Diluted	0.29	-0.51	-0.40	0.48	0.72	0.68	-0.36	1.19	1.88
Shares Outstanding	225.645M	225.645M	225.173M	225.095M	224.893M	224.099M	223.130M	223.109M	225.538M
Diluted Shares Outstanding	225.645M	225.645M	225.173M	254.060M	254.248M	254.584M	223.130M	253.070M	254.155M

X Annual Income Statement (USD)

Annual Report	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Gross Profit	1.580B	2.250B	4.288B	5.742B	183.000M	855.000M	1.873B	1.386B
Revenue	15.640B	18.053B	21.065B	20.275B	9.741B	12.937B	14.178B	12.250B
Cost of Goods Sold	14.060B	15.803B	16.777B	14.533B	9.558B	12.082B	12.305B	10.864B
Gross Profit Margin	10.1%	12.5%	20.4%	28.3%	1.9%	6.6%	13.2%	11.3%
Total Operating Expenses	1.340B	2.250B	1.178B	1.189B	917.000M	890.000M	854.000M	870.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	435.000M	501.000M	422.000M	426.000M	274.000M	289.000M	336.000M	375.000M
Operating Income (EBIT)	240.000M	1.903B	3.309B	4.441B	-823.000M	239.000M	1.019B	608.000M
Operating Margin	1.5%	10.5%	15.7%	21.9%	-8.4%	1.8%	7.2%	5.0%
Income Before Tax (EBT)	438.000M	1.047B	3.259B	4.344B	-1.307B	-452.000M	812.000M	301.000M
Interest Income	96.000M	141.000M	44.000M	4.000M	7.000M	17.000M	23.000M	17.000M
Interest Expense	24.000M	72.000M	159.000M	313.000M	280.000M	182.000M	211.000M	224.000M
Other Income/Expense	198.000M	-856.000M	-853.000M	-1.017B	-240.000M	-222.000M	-226.000M	-263.000M
Net Income	384.000M	895.000M	2.524B	4.174B	-1.165B	-642.000M	1.115B	387.000M
Income Tax Expense	54.000M	152.000M	735.000M	170.000M	-142.000M	190.000M	-303.000M	-86.000M
Net Profit Margin	2.5%	5.0%	12.0%	20.6%	-12.0%	-5.0%	7.9%	3.2%
EBITDA	1.375B	2.035B	4.209B	5.448B	-384.000M	306.000M	1.501B	1.028B
EBITDA Margin	8.8%	11.3%	20.0%	26.9%	-3.9%	2.4%	10.6%	8.4%
Depreciation & Amortization	913.000M	916.000M	791.000M	791.000M	643.000M	616.000M	521.000M	501.000M
EPS Basic	1.71	4.04	10.22	15.77	-5.92	-3.75	6.31	2.21
EPS Diluted	1.56	3.56	9.16	14.88	-5.92	-3.75	6.25	2.19
Shares Outstanding	224.817M	224.761M	246.986M	264.667M	196.721M	171.418M	176.633M	174.793M
Diluted Shares Outstanding	254.004M	255.360M	276.963M	280.444M	196.721M	171.418M	178.461M	176.520M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About United States Steel Corporation

United States Steel Corporation, established in 1901 and based in Pittsburgh, Pennsylvania, is a prominent producer and supplier of flat-rolled and tubular steel goods. The company primarily operates across North America and Europe, organized into four distinct business divisions. The North American Flat-Rolled segment provides various products, including slabs, strip mill plates, sheets, and tin mill items, in addition to raw materials such as iron ore and coke. This division caters to a broad clientele across industries like service centers, conversion operations, transportation, automotive, construction, container manufacturing, appliance production, and electrical applications. The Mini Mill segment specializes in hot-rolled, cold-rolled, and coated sheets, as well as electrical products. Its customer base encompasses the automotive, appliance, construction, container, transportation, and service center markets. Through U. S. Steel Europe (USSE), the company delivers slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This European division serves construction, container, appliance and electrical, service centers, conversion, and the crucial oil, gas, and petrochemical sectors. Finally, the Tubular Products division manufactures specialized steel piping, including seamless and electric resistance welded steel casing and tubing products, along with standard, line, and mechanical pipes. These products are predominantly distributed to the oil, gas, and petrochemical industries. Beyond its core steel manufacturing, the corporation also maintains an involvement in the real estate business.

Pittsburgh, PA

22,053 employees

www.ussteel.com

Basic Materials / Steel

Sector: Basic Materials
Industry: Steel
CEO: Alan Kestenbaum

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