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.
Peer comparison
Dec 31, 2024
See also:
United States Steel Corporation Net Profit Margin (Quarterly Data)