United States Steel Corporation (X) Tax Rate: 12.33%
Is United States Steel Corporation’s tax rate high or low?
United States Steel Corporation's tax rate of 12.33% is 234% above its 5-year average of 3.69%, near the high end of its 5-year range (-42.04%–22.55%).
The tax rate for United States Steel Corporation (X) is 12.33%. It is below its 12-month average by 8.16% (13.43%).
X Tax Rate Chart
X Average Tax Rate Chart
X Current vs Average Tax Rate Chart
X Tax Rate Metrics
TAX RATE
12.33%
TAX RATE AVG TTM
13.43%
TAX RATE AVG 3Y
13.33%
TAX RATE AVG 5Y
3.69%
TAX RATE AVG 10Y
-2.22%
TAX RATE AVG 15Y
188.78%
TAX RATE AVG 20Y
149.49%
CURRENT VS TTM AVG
-8.16%
CURRENT VS 3Y AVG
-7.48%
CURRENT VS 5Y AVG
+234.30%
CURRENT VS 10Y AVG
+654.27%
CURRENT VS 15Y AVG
-93.47%
CURRENT VS 20Y AVG
-91.75%
United States Steel Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
United States Steel Corporation Tax Rate FAQ
- What is the tax rate for United States Steel Corporation (X)?
- The tax rate for X stock is 12.33%.
- Is United States Steel Corporation's tax rate high or low?
- United States Steel Corporation's tax rate of 12.33% is 234% above its 5-year average of 3.69%, near the high end of its 5-year range (-42.04%–22.55%).
- What is the TTM average tax rate for United States Steel Corporation (X)?
- The TTM average tax rate for X stock is 13.43%.
- What is the 3Y average tax rate for United States Steel Corporation (X)?
- The 3Y average tax rate for X stock is 13.33%.
- What is the 5Y average tax rate for United States Steel Corporation (X)?
- The 5Y average tax rate for X stock is 3.69%.
- What is the 10Y average tax rate for United States Steel Corporation (X)?
- The 10Y average tax rate for X stock is -2.22%.
- What is the 15Y average tax rate for United States Steel Corporation (X)?
- The 15Y average tax rate for X stock is 188.78%.
- What is the 20Y average tax rate for United States Steel Corporation (X)?
- The 20Y average tax rate for X stock is 149.49%.
United States Steel Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2024-12-31 | 12.33% |
| 2023-12-31 | 14.52% |
| 2022-12-31 | 22.55% |
| 2021-12-31 | 3.91% |
| 2020-12-31 | 10.86% |
| 2019-12-31 | -42.04% |
| 2018-12-31 | -37.32% |
| 2017-12-31 | -28.57% |
| 2016-12-31 | -5.77% |
| 2015-12-31 | -14.94% |
| 2014-12-31 | 40.00% |
| 2013-12-31 | 7.53% |
| 2012-12-31 | 2183.33% |
| 2011-12-31 | 855.56% |
| 2010-12-31 | -25.19% |
| 2009-12-31 | 23.79% |
| 2008-12-31 | 28.41% |
| 2007-12-31 | 19.68% |
| 2006-12-31 | 18.80% |
| 2005-12-31 | 27.82% |
| 2004-12-31 | 24.02% |
| 2003-12-31 | 52.79% |
| 2002-12-31 | -369.23% |
| 2001-12-31 | 60.07% |
| 2000-12-31 | -2000.00% |
| 1999-12-31 | 32.89% |
| 1998-12-31 | 32.22% |
| 1997-12-31 | 34.11% |
| 1996-12-31 | 25.07% |
| 1995-12-31 | 33.11% |
Related Metrics
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