United States Steel Corporation (X)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	240,000	799,000	3,160,000	4,946,000	-1,075,000
Revenue	US$ in thousands	15,640,000	18,053,000	21,065,000	20,275,000	9,741,000
Operating profit margin		1.53%	4.43%	15.00%	24.39%	-11.04%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $240,000K ÷ $15,640,000K
= 1.53%

Based on the data provided for United States Steel Corporation's operating profit margin over the years, there has been significant variability in the company's profitability.

The operating profit margin was negative at -11.04% as of December 31, 2020, indicating that the company was incurring losses relative to its operating revenue. However, the company exhibited a notable improvement in profitability the following year, with the operating profit margin increasing to 24.39% as of December 31, 2021. This drastic improvement suggests effective cost management or revenue growth strategies implemented by the company during that period.

Subsequently, the operating profit margin decreased to 15.00% as of December 31, 2022, indicating a slight decline in profitability compared to the previous year. This could be due to various factors such as changes in operating expenses or fluctuations in revenue.

The trend continued in the following years, with the operating profit margin declining further to 4.43% as of December 31, 2023, and to 1.53% as of December 31, 2024. These declining margins suggest that the company may be facing challenges in maintaining profitability, possibly due to increased costs, pricing pressures, or other operational issues.

Overall, United States Steel Corporation's operating profit margin has been fluctuating over the years, with periods of significant improvement followed by declines. It will be crucial for the company to closely monitor its operational efficiency and implement strategies to enhance profitability in the future.