United States Steel Corporation (X)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.65% | 10.24% | 11.24% | 13.52% | 17.18% | 14.60% | 19.52% | 19.89% | 17.51% | 21.64% | 12.74% | 2.02% | -5.16% | -11.53% | -13.53% | -10.29% | -8.86% | -3.56% | -0.75% | 2.80% |
| Operating profit margin | 4.43% | 6.60% | 8.10% | 10.99% | 15.00% | 18.48% | 25.35% | 25.81% | 24.39% | 22.33% | 9.50% | -2.58% | -11.04% | -14.94% | -12.70% | -5.88% | -1.78% | 3.09% | 6.02% | 7.39% |
| Pretax margin | 5.80% | 7.88% | 9.15% | 11.73% | 15.47% | 18.12% | 24.52% | 24.63% | 21.43% | 19.08% | 5.62% | -7.55% | -13.42% | -17.08% | -14.71% | -7.58% | -3.49% | 1.67% | 4.55% | 5.76% |
| 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% |
United States Steel Corp.'s profitability ratios have shown a general decreasing trend over the past eight quarters. The gross profit margin has declined from 30.07% in Q1 2022 to 12.46% in Q4 2023, indicating decreasing efficiency in generating profits from sales after deducting the cost of goods sold.
Similarly, the operating profit margin decreased from 24.36% in Q1 2022 to 4.61% in Q4 2023. This indicates that the company's operating expenses have been increasing at a faster rate than its operating income.
The pretax margin also experienced a downward trend, declining from 24.63% in Q1 2022 to 5.80% in Q4 2023. This suggests that the company's pre-tax profits have been decreasing relative to its total revenues over the quarters analyzed.
Lastly, the net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, has also been decreasing. It dropped from 22.73% in Q1 2022 to 4.96% in Q4 2023. This indicates a decline in the company's overall profitability and efficiency in managing costs.
In conclusion, United States Steel Corp.'s profitability ratios have shown a declining trend over the past eight quarters, reflecting challenges in maintaining profitability and managing costs effectively.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | -1.98% | 4.20% | 8.08% | 9.85% |
| Return on assets (ROA) | 4.38% | 5.63% | 6.60% | 9.42% | 12.97% | 17.13% | 24.83% | 25.83% | 23.43% | 18.20% | 5.71% | -4.65% | -9.66% | -16.04% | -13.80% | -8.69% | -5.43% | 5.77% | 8.90% | 10.32% |
| Return on total capital | 10.13% | 13.92% | 17.31% | 24.43% | 33.45% | 40.61% | 57.79% | 58.27% | 51.69% | 45.69% | 18.90% | -10.44% | -27.13% | -42.51% | -38.37% | -20.56% | -7.58% | 9.03% | 19.25% | 23.78% |
| Return on equity (ROE) | 8.10% | 10.44% | 12.49% | 17.87% | 24.70% | 32.76% | 48.35% | 51.20% | 46.33% | 39.84% | 15.69% | -14.76% | -30.77% | -54.57% | -47.88% | -28.86% | -15.40% | 15.00% | 23.31% | 27.18% |
United States Steel Corp.'s profitability ratios have shown a general decreasing trend over the past eight quarters. Operating return on assets (Operating ROA) has declined from 27.68% in Q1 2022 to 4.07% in Q4 2023, indicating a decreasing efficiency in generating profits from its assets through regular operations over time.
Return on assets (ROA) has also exhibited a downward trend, going from 25.83% in Q1 2022 to 4.38% in Q4 2023, suggesting that the company's ability to generate profits from its total assets has weakened.
Return on total capital has decreased consistently from 40.32% in Q1 2022 to 6.21% in Q4 2023. This ratio reflects the company's profitability in relation to both its equity and debt capital investments, indicating a decline in overall profitability efficiency.
Return on equity (ROE), which measures the profit generated for each dollar of shareholder equity, has also shown a decreasing pattern, dropping from 51.20% in Q1 2022 to 8.10% in Q4 2023. This indicates a significant reduction in the company's ability to generate returns for its shareholders over the analyzed period.
Overall, United States Steel Corp.'s profitability ratios demonstrate a declining trend, suggesting potential challenges in sustaining and maximizing profitability in the near future. Investors and stakeholders may need to closely monitor the company's operational performance and financial management strategies to address these profitability concerns.
See also:
United States Steel Corporation Profitability Ratios (Quarterly Data)