Price to Operating Profit (P/OP)
since 2005
Calculation
United States Steel Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Earnings (loss) before interest and income taxes1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 3, 2023 | 2.15 | = | 30.05 | ÷ | 13.95 | 13.95 | = | 3,160 | ÷ | 226,603,781 | |
| Feb 11, 2022 | 1.25 | = | 23.68 | ÷ | 18.96 | 18.96 | = | 4,946 | ÷ | 260,930,638 | |
| Feb 12, 2021 | — | = | 16.50 | ÷ | -4.10 | -4.10 | = | -1,075 | ÷ | 262,471,855 | |
| Feb 14, 2020 | — | = | 8.79 | ÷ | -1.35 | -1.35 | = | -230 | ÷ | 170,047,076 | |
| Feb 15, 2019 | 3.53 | = | 22.92 | ÷ | 6.49 | 6.49 | = | 1,124 | ÷ | 173,222,678 | |
| Feb 21, 2018 | 12.40 | = | 42.86 | ÷ | 3.46 | 3.46 | = | 608 | ÷ | 175,883,206 | |
| Feb 28, 2017 | — | = | 38.72 | ÷ | -0.95 | -0.95 | = | -165 | ÷ | 174,290,761 | |
| Feb 29, 2016 | — | = | 9.12 | ÷ | -8.22 | -8.22 | = | -1,202 | ÷ | 146,284,894 | |
| Feb 24, 2015 | 8.86 | = | 25.13 | ÷ | 2.84 | 2.84 | = | 413 | ÷ | 145,660,794 | |
| Feb 25, 2014 | — | = | 23.70 | ÷ | -13.13 | -13.13 | = | -1,900 | ÷ | 144,687,528 | |
| Feb 15, 2013 | 13.53 | = | 23.16 | ÷ | 1.71 | 1.71 | = | 247 | ÷ | 144,282,358 | |
| Feb 28, 2012 | 15.90 | = | 27.91 | ÷ | 1.76 | 1.76 | = | 265 | ÷ | 150,925,911 | |
| Feb 22, 2011 | — | = | 57.58 | ÷ | -0.77 | -0.77 | = | -111 | ÷ | 143,758,823 | |
| Feb 24, 2010 | — | = | 52.12 | ÷ | -11.75 | -11.75 | = | -1,684 | ÷ | 143,370,146 | |
| Feb 24, 2009 | 0.84 | = | 22.15 | ÷ | 26.41 | 26.41 | = | 3,069 | ÷ | 116,198,090 | |
| Feb 27, 2008 | 10.90 | = | 112.21 | ÷ | 10.30 | 10.30 | = | 1,213 | ÷ | 117,798,740 | |
| Feb 27, 2007 | 5.74 | = | 86.51 | ÷ | 15.06 | 15.06 | = | 1,785 | ÷ | 118,487,727 | |
| Feb 28, 2006 | 4.12 | = | 54.50 | ÷ | 13.22 | 13.22 | = | 1,439 | ÷ | 108,832,518 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of United States Steel Corp. Annual Report.
Comparison to Competitors
United States Steel Corp., P/OP, long-term trends, comparison to competitors
| United States Steel Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Feb 3, 2023 | 2.15 | 8.60 |
| Feb 11, 2022 | 1.25 | 7.59 |
| Feb 12, 2021 | — | 19.69 |
| Feb 14, 2020 | — | 16.28 |
| Feb 15, 2019 | 3.53 | 3.74 |
| Feb 21, 2018 | 12.40 | 7.34 |
| Feb 28, 2017 | — | — |
| Feb 29, 2016 | — | — |
| Feb 24, 2015 | 8.86 | 231.88 |
| Feb 25, 2014 | — | 6.50 |
| Feb 15, 2013 | 13.53 | 5.30 |
| Feb 28, 2012 | 15.90 | 4.49 |
| Feb 22, 2011 | — | 5.47 |
| Feb 24, 2010 | — | 4.98 |
| Feb 24, 2009 | 0.84 | — |
| Feb 27, 2008 | 10.90 | 5.89 |
| Feb 27, 2007 | 5.74 | 3.95 |
| Feb 28, 2006 | 4.12 | 4.61 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).