United States Steel Corporation (X)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 240,000 | 152,000 | 381,000 | 764,000 | 799,000 | 1,204,000 | 1,541,000 | 2,231,000 | 3,160,000 | 4,131,000 | 5,859,000 | 5,639,000 | 4,946,000 | 3,844,000 | 1,291,000 | -275,000 | -1,075,000 | -1,494,000 | -1,363,000 | -716,000 |
| Total assets | US$ in thousands | 20,235,000 | 20,633,000 | 20,416,000 | 20,448,000 | 20,451,000 | 20,395,000 | 20,309,000 | 19,540,000 | 19,458,000 | 19,958,000 | 19,858,000 | 19,224,000 | 17,816,000 | 17,333,000 | 16,084,000 | 14,689,000 | 12,059,000 | 11,731,000 | 12,551,000 | 12,366,000 |
| Operating ROA | 1.19% | 0.74% | 1.87% | 3.74% | 3.91% | 5.90% | 7.59% | 11.42% | 16.24% | 20.70% | 29.50% | 29.33% | 27.76% | 22.18% | 8.03% | -1.87% | -8.91% | -12.74% | -10.86% | -5.79% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $240,000K ÷ $20,235,000K
= 1.19%
United States Steel Corporation's operating return on assets (ROA) has fluctuated over the reported periods. The company experienced negative operating ROA figures in the earlier quarters of 2020 and 2021, indicating operational inefficiencies and potential challenges in generating profits from its assets.
However, a significant improvement was observed starting from the third quarter of 2021, with operating ROA turning positive and showing a steady increase through the end of 2022. During this period, the company showed a strong operational performance, effectively utilizing its assets to generate higher returns.
In the subsequent quarters of 2023 and 2024, the operating ROA figures started to decline gradually after reaching a peak in the first quarter of 2024. This decline could suggest potential challenges in maintaining the same level of operational efficiency or changes in the business environment affecting the company's asset utilization.
Overall, the trend in United States Steel Corporation's operating ROA shows periods of improvement and decline, highlighting the importance of closely monitoring operational performance and asset management to sustain profitability and efficiency in the long term.
Peer comparison
Dec 31, 2024