United States Steel Corporation (X)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	384,000	895,000	2,524,000	4,174,000	-1,165,000
Revenue	US$ in thousands	15,640,000	18,053,000	21,065,000	20,275,000	9,741,000
Net profit margin		2.46%	4.96%	11.98%	20.59%	-11.96%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $384,000K ÷ $15,640,000K
= 2.46%

The net profit margin of United States Steel Corporation exhibited significant fluctuations over the five-year period from December 31, 2020, to December 31, 2024. In 2020, the company experienced a negative net profit margin of -11.96%, reflecting that its expenses exceeded its revenues, leading to a loss on the bottom line.

However, the situation improved notably in 2021, with the net profit margin increasing to 20.59%, indicating that the company generated a substantial profit relative to its revenue during that period. This marked turnaround could be attributed to various factors such as cost-cutting measures, operational efficiencies, or favorable market conditions.

In the subsequent years, the net profit margin fluctuated, albeit at lower levels. In 2022, the margin dropped to 11.98%, suggesting a decrease in profitability compared to the previous year. By 2023, the net profit margin further declined to 4.96%, indicating a more moderate level of profitability.

The trend continued in 2024, with the net profit margin decreasing to 2.46%, demonstrating a significant reduction in profitability for the company. This decline might signal challenges faced by United States Steel Corporation, such as rising costs, pricing pressures, or operational inefficiencies.

Overall, the analysis of the net profit margin indicates a mix of both positive and negative financial performance for United States Steel Corporation over the five-year period, highlighting the importance of closely monitoring profitability metrics to gauge the company's financial health and sustainability.