United States Steel Corporation (X)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	11,347,000	11,578,000	11,393,000	11,199,000	11,047,000	11,004,000	10,725,000	10,302,000	10,218,000	10,437,000	10,198,000	9,698,000	9,010,000	7,916,000	5,851,000	4,627,000	3,786,000	3,449,000	3,617,000	3,725,000
ROE		3.38%	3.39%	5.03%	7.74%	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%

December 31, 2024 calculation

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

United States Steel Corporation's return on equity (ROE) has shown a significant improvement over the past few quarters. The company experienced negative ROE figures from March 2020 to March 2021, indicating a period of underperformance and loss. However, starting from June 2021, the trend reversed, with positive ROE figures recorded for the subsequent quarters.

The ROE continued to increase steadily from June 2021 to March 2023, reaching its peak at 51.20% in March 2022. This surge in ROE suggests that the company's profitability and efficiency in generating returns for its shareholders improved notably during this period.

From March 2023 onwards, there was a noticeable decline in ROE, albeit at a slower pace compared to the earlier negative trends. The ROE figures gradually decreased to 3.38% by December 2024, reflecting a moderation in the company's return on equity.

Overall, United States Steel Corporation's ROE trend indicates a mixture of challenges and successes, with a marked improvement in profitability and efficiency followed by a period of stabilization at a lower but positive level in recent quarters. Future performance will depend on the company's ability to maintain and potentially enhance its return on equity metrics.