United States Steel Corporation (X)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	384,000	895,000	2,524,000	4,174,000	-1,165,000
Total stockholders’ equity	US$ in thousands	11,347,000	11,047,000	10,218,000	9,010,000	3,786,000
ROE		3.38%	8.10%	24.70%	46.33%	-30.77%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $384,000K ÷ $11,347,000K
= 3.38%

United States Steel Corporation's return on equity (ROE) has shown a fluctuating trend over the past five years.

In December 31, 2020, the ROE was -30.77%, indicating that the company's net income was negative relative to its shareholders' equity. This could be a result of poor financial performance or high debt levels.

By December 31, 2021, the ROE drastically improved to 46.33%, demonstrating a significant turnaround in the company's profitability and efficiency in utilizing shareholders' equity to generate returns.

In the following years, the ROE continued to decrease but remained positive. By December 31, 2022, it stood at 24.70%, indicating that the company was still generating decent returns for its shareholders, albeit at a lower rate compared to the previous year.

In December 31, 2023, the ROE further declined to 8.10%, suggesting a slowdown in the company's ability to generate profits relative to shareholders' equity.

By December 31, 2024, the ROE decreased even further to 3.38%, signaling a significant drop in the company's profitability and efficiency in utilizing shareholders' equity.

Overall, the fluctuating ROE trend indicates variability in United States Steel Corporation's financial performance and efficiency in generating returns for its shareholders over the past five years. Further analysis would be necessary to understand the factors contributing to these fluctuations and to determine the company's future financial prospects.