United States Steel Corporation (X)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 384,000 393,000 573,000 867,000 895,000 1,149,000 1,340,000 1,841,000 2,524,000 3,419,000 4,931,000 4,965,000 4,174,000 3,154,000 918,000 -683,000 -1,165,000 -1,882,000 -1,732,000 -1,075,000
Revenue (ttm) US$ in thousands 15,640,000 16,275,000 16,853,000 17,743,000 18,053,000 18,247,000 19,019,000 20,301,000 21,065,000 22,349,000 23,110,000 21,845,000 20,275,000 17,215,000 13,591,000 10,657,000 9,741,000 10,003,000 10,732,000 12,186,000
Net profit margin 2.46% 2.41% 3.40% 4.89% 4.96% 6.30% 7.05% 9.07% 11.98% 15.30% 21.34% 22.73% 20.59% 18.32% 6.75% -6.41% -11.96% -18.81% -16.14% -8.82%

December 31, 2024 calculation

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

United States Steel Corporation's net profit margin has shown a fluctuating trend over the past few years. The company experienced negative net profit margins from March 2020 to December 2021, indicating that its expenses were exceeding its revenues during that period. However, starting from March 2022, the net profit margin turned positive and demonstrated a consistent improvement through December 2024.

The positive net profit margins from March 2022 to December 2024 suggest that the company was able to effectively control its expenses and generate sufficient revenue to result in a net profit. The increasing trend in the net profit margin indicates that the company's profitability has been improving over time.

It is noteworthy that the net profit margin peaked at 22.73% in March 2022 and then gradually declined but remained in the positive territory. This decline could be attributed to various factors such as changes in operating costs, revenue fluctuations, or market conditions.

Overall, the positive trend in United States Steel Corporation's net profit margin from March 2022 to December 2024 signifies a strengthening profitability position for the company, reflecting potential operational efficiency and effective revenue management strategies.


See also:

United States Steel Corporation Net Profit Margin (Quarterly Data)