United States Steel Corporation (X)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	-630,000	630,000	1,005,000	1,151,000
Revenue (ttm)	US$ in thousands	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	12,937,000	14,876,000	15,158,000	14,855,000
Net profit margin		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%	-4.87%	4.24%	6.63%	7.75%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $895,000K ÷ $18,053,000K
= 4.96%

The net profit margin of United States Steel Corp. has experienced a decreasing trend over the past eight quarters, declining from 22.73% in Q1 2022 to 4.96% in Q4 2023. This indicates that the company's profitability relative to its revenue has been deteriorating over the period analyzed. The downward trajectory may raise concerns among investors and stakeholders about the company's cost management, revenue generation, or overall financial performance. Continuous monitoring and analysis of the factors affecting the net profit margin are essential for understanding the underlying reasons for the decline and for implementing strategic adjustments to improve profitability in the future.