X · United States Steel Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.16B | - | $3.85B | $4.12B | $4.16B | - | $4.43B | $5.01B | $4.47B | - |
| Cost of Revenue | $3.49B | - | $3.45B | $3.63B | $3.67B | - | $3.84B | $4.16B | $3.95B | - |
| Gross Profit | $667.00M | - | $405.00M | $489.00M | $495.00M | - | $593.00M | $847.00M | $517.00M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $120.00M | - | $104.00M | $105.00M | $119.00M | - | $118.00M | $103.00M | $99.00M | - |
| Total Operating Expenses | $3.85B | - | $3.81B | $3.94B | $4.01B | - | $4.15B | $4.44B | $4.28B | - |
| D&A | $249.00M | - | $235.00M | $217.00M | $210.00M | - | $230.00M | $224.00M | $221.00M | - |
| Operating Income | ($122.00M) | - | $48.00M | $181.00M | $154.00M | - | $277.00M | $564.00M | $189.00M | - |
| Interest Expense | $45.00M | - | $5.00M | $2.00M | $2.00M | - | $16.00M | $20.00M | $27.00M | - |
| Income Tax | ($31.00M) | - | ($10.00M) | $56.00M | $38.00M | - | $42.00M | $144.00M | $51.00M | - |
| Net Income | ($116.00M) | - | $119.00M | $183.00M | $171.00M | - | $299.00M | $477.00M | $199.00M | - |
| EPS - Basic | ($0.52) | - | $0.53 | $0.82 | $0.76 | - | $1.34 | $2.12 | $0.87 | - |
| EPS - Diluted | ($0.52) | - | $0.48 | $0.72 | $0.68 | - | $1.20 | $1.89 | $0.78 | - |
Balance Sheet
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $594.00M | $1.37B | $1.77B | $2.03B | $2.22B | $2.95B | $3.22B | $3.08B | $2.84B | $3.50B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | $1.49B |
| Inventory | $2.37B | $2.17B | $2.04B | $2.02B | $2.16B | $2.13B | $2.30B | $2.54B | $2.54B | $2.36B |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $4.94B | $5.23B | $5.77B | $5.95B | $6.42B | $6.94B | $7.39B | $7.83B | $7.55B | $7.87B |
| Total Assets | $20.08B | $20.23B | $20.63B | $20.42B | $20.45B | $20.45B | $20.39B | $20.31B | $19.54B | $19.46B |
| Current Liabilities | $3.40B | $3.37B | $3.45B | $3.46B | $3.75B | $3.95B | $3.80B | $4.07B | $4.01B | $3.96B |
| Long-term Debt | - | $4.11B | - | - | - | $4.16B | - | - | - | $3.91B |
| Total Liabilities | $8.75B | $8.79B | $8.96B | $8.93B | $9.16B | $9.31B | $9.30B | $9.49B | $9.14B | $9.15B |
| Stockholders' Equity | $11.24B | $11.35B | $11.58B | $11.39B | $11.20B | $11.05B | $11.00B | $10.72B | $10.30B | $10.22B |
| Retained Earnings | $7.09B | $7.22B | $7.32B | $7.21B | $7.04B | $6.88B | $6.97B | $6.68B | $6.22B | $6.03B |
Cash Flow
| Line item | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($374.00M) | - | - | - | ($28.00M) | - | - | - | $181.00M | - |
| Investing Cash Flow | ($358.00M) | - | - | - | ($645.00M) | - | - | - | ($738.00M) | - |
| Financing Cash Flow | ($50.00M) | - | - | - | ($46.00M) | - | - | - | ($117.00M) | - |
| CapEx | $359.00M | - | - | - | $640.00M | - | - | - | $740.00M | - |
| Free Cash Flow | ($733.00M) | - | - | - | ($668.00M) | - | - | - | ($559.00M) | - |
Ratios
| Metric | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.0% | - | 10.5% | 11.9% | 11.9% | - | 13.4% | 16.9% | 11.6% | - |
| Operating margin | -2.9% | - | 1.2% | 4.4% | 3.7% | - | 6.3% | 11.3% | 4.2% | - |
| EBITDA margin | 3.1% | - | 7.3% | 9.7% | 8.8% | - | 11.4% | 15.7% | 9.2% | - |
| Net margin | -2.8% | - | 3.1% | 4.4% | 4.1% | - | 6.7% | 9.5% | 4.5% | - |
| Free cash flow margin | -17.6% | - | - | - | -16.1% | - | - | - | -12.5% | - |
| FCF / Net income | 6.32 | - | - | - | -3.91 | - | - | - | -2.81 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 2.9% | - | 2.7% | 2.5% | 2.9% | - | 2.7% | 2.1% | 2.2% | - |
| Effective tax rate | - | - | -9.2% | 23.4% | 18.2% | - | 12.3% | 23.2% | 20.4% | - |
| Return on assets | -0.6% | - | 0.6% | 0.9% | 0.8% | - | 1.5% | 2.3% | 1.0% | - |
| Return on equity | -1.0% | - | 1.0% | 1.6% | 1.5% | - | 2.7% | 4.4% | 1.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.45 | 1.55 | 1.67 | 1.72 | 1.71 | 1.76 | 1.95 | 1.92 | 1.88 | 1.99 |
| Quick ratio | 0.75 | 0.91 | 1.08 | 1.14 | 1.14 | 1.22 | 1.34 | 1.30 | 1.25 | 1.39 |
| Cash ratio | 0.17 | 0.41 | 0.51 | 0.59 | 0.59 | 0.75 | 0.85 | 0.76 | 0.71 | 0.89 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.36 | - | - | - | 0.38 | - | - | - | 0.38 |
| Debt / Assets | - | 0.20 | - | - | - | 0.20 | - | - | - | 0.20 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.7x | - | 9.6x | 90.5x | 77.0x | - | 17.3x | 28.2x | 7.0x | - |
| Equity multiplier | 1.79 | 1.78 | 1.78 | 1.79 | 1.83 | 1.85 | 1.85 | 1.89 | 1.90 | 1.90 |
| Liabilities / Assets | 0.44 | 0.43 | 0.43 | 0.44 | 0.45 | 0.46 | 0.46 | 0.47 | 0.47 | 0.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.19 | 0.20 | 0.20 | - | 0.22 | 0.25 | 0.23 | - |
| Inventory turnover | 1.47 | - | 1.69 | 1.80 | 1.70 | - | 1.67 | 1.64 | 1.56 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 248d | - | 216d | 203d | 215d | - | 219d | 223d | 235d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 0.0% | - | -13.0% | -17.8% | -6.9% | - | -14.8% | -20.4% | -14.6% | - |
| Revenue CAGR (3y) | -7.4% | - | -13.6% | -6.4% | 4.3% | - | 23.7% | 33.8% | 17.6% | - |
| Revenue CAGR (5y) | 8.6% | - | 4.7% | 3.0% | 3.5% | - | 5.7% | 6.8% | 7.3% | - |
| Gross profit growth (YoY) | 34.7% | - | -31.7% | -42.3% | -4.3% | - | -29.7% | -48.0% | -63.4% | - |
| Operating income growth (YoY) | - | - | -82.7% | -67.9% | -18.5% | - | -54.9% | -55.0% | -83.1% | - |
| Net income growth (YoY) | - | - | -60.2% | -61.6% | -14.1% | - | -39.0% | -51.2% | -77.4% | - |
| EPS growth (YoY) | - | - | -60.0% | -61.9% | -12.8% | - | -35.1% | -44.7% | -74.2% | - |
| EPS CAGR (3y) | - | - | -59.0% | -41.1% | 24.8% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | 13.0% | 17.0% | - | -5.8% | 9.5% | 50.8% | - |
| FCF growth (YoY) | -9.7% | - | - | - | -19.5% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.3% | 2.7% | 5.2% | 6.2% | 8.7% | 8.1% | 5.4% | 5.2% | 6.2% | 13.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$31.27B totalTotal Reportable Segments$15.63B · 50.0%
Flat Rolled Products$9.60B · 30.7%
Us Steel Europe$2.98B · 9.5%
Mini Mill$2.07B · 6.6%
Tubular Products$970.00M · 3.1%
All Other Segments$13.00M · 0.0%
Product / service
$9.65B totalColdrolledsheets$3.67B · 38.0%
Coatedsheets$2.90B · 30.0%
Hotrolledsheets$1.57B · 16.2%
Other Products$1.39B · 14.4%
Semifinished Products$84.00M · 0.9%
Tubular$51.00M · 0.5%
Geographic
$15.64B totalNorth America$12.66B · 80.9%
Europe$2.98B · 19.1%
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Comparing UNITED STATES STEEL CORP against the 5 most active filers in the same SIC group.