United States Steel Corporation (X) Net Income
The annual net income for United States Steel Corporation (X) is $384.00 Million with a year-over-year change of (57.09%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$384.00M
$384.00 Million
Year-over-Year Change
(57.09%)
vs. $895.00M prior year
Net Income CAGR
(28.83%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(88.83%)
3 Year
(73.06%)
5 Year
(28.83%)
10 Year
(0.49%)
15 Year
(8.27%)
20 Year
(12.77%)
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2024 | $384.00M | ($511.00M) | (57.09%) |
| 2023 | $895.00M | ($1.63B) | (64.54%) |
| 2022 | $2.52B | ($1.65B) | (39.53%) |
| 2021 | $4.17B | +$5.34B | — |
| 2020 | ($1.17B) | ($523.00M) | — |
| 2019 | ($642.00M) | ($1.76B) | (157.58%) |
| 2018 | $1.11B | +$728.00M | +188.11% |
| 2017 | $387.00M | +$827.00M | — |
| 2016 | ($440.00M) | +$1.07B | — |
| 2015 | ($1.51B) | ($1.61B) | (1578.43%) |
Net Income Growth Summary
TTM Growth
(88.83%)
3-Year Avg Growth
(73.06%)
5-Year Avg Growth
(28.83%)
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.
- Sector
- Basic Materials
- Industry
- Steel
- CEO
- Alan Kestenbaum