Return on Equity (ROE)
since 2005
Calculation
United States Steel Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings (loss) attributable to United States Steel Corporation1 | ÷ | Total United States Steel Corporation stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 24.70% | = | 100 | × | 2,524) | ÷ | 10,218) |
| Dec 31, 2021 | 46.33% | = | 100 | × | 4,174) | ÷ | 9,010) |
| Dec 31, 2020 | -30.77% | = | 100 | × | (1,165) | ÷ | 3,786) |
| Dec 31, 2019 | -15.40% | = | 100 | × | (630) | ÷ | 4,092) |
| Dec 31, 2018 | 26.53% | = | 100 | × | 1,115) | ÷ | 4,202) |
| Dec 31, 2017 | 11.66% | = | 100 | × | 387) | ÷ | 3,320) |
| Dec 31, 2016 | -19.35% | = | 100 | × | (440) | ÷ | 2,274) |
| Dec 31, 2015 | -67.41% | = | 100 | × | (1,642) | ÷ | 2,436) |
| Dec 31, 2014 | 2.68% | = | 100 | × | 102) | ÷ | 3,799) |
| Dec 31, 2013 | -49.94% | = | 100 | × | (1,672) | ÷ | 3,348) |
| Dec 31, 2012 | -3.57% | = | 100 | × | (124) | ÷ | 3,477) |
| Dec 31, 2011 | -1.51% | = | 100 | × | (53) | ÷ | 3,500) |
| Dec 31, 2010 | -12.52% | = | 100 | × | (482) | ÷ | 3,851) |
| Dec 31, 2009 | -29.96% | = | 100 | × | (1,401) | ÷ | 4,676) |
| Dec 31, 2008 | 43.15% | = | 100 | × | 2,112) | ÷ | 4,895) |
| Dec 31, 2007 | 15.89% | = | 100 | × | 879) | ÷ | 5,531) |
| Dec 31, 2006 | 31.48% | = | 100 | × | 1,374) | ÷ | 4,365) |
| Dec 31, 2005 | 27.38% | = | 100 | × | 910) | ÷ | 3,324) |
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$ in millions
Comparison to Competitors
United States Steel Corp., ROE, long-term trends, comparison to competitors
| United States Steel Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2022 | 24.70% | 22.30% |
| Dec 31, 2021 | 46.33% | 30.80% |
| Dec 31, 2020 | -30.77% | 5.89% |
| Dec 31, 2019 | -15.40% | -2.57% |
| Dec 31, 2018 | 26.53% | 26.56% |
| Dec 31, 2017 | 11.66% | 22.78% |
| Dec 31, 2016 | -19.35% | -68.65% |
| Dec 31, 2015 | -67.41% | -156.31% |
| Dec 31, 2014 | 2.68% | -7.15% |
| Dec 31, 2013 | -49.94% | 12.70% |
| Dec 31, 2012 | -3.57% | 17.33% |
| Dec 31, 2011 | -1.51% | 29.15% |
| Dec 31, 2010 | -12.52% | 34.68% |
| Dec 31, 2009 | -29.96% | 30.15% |
| Dec 31, 2008 | 43.15% | -191.70% |
| Dec 31, 2007 | 15.89% | 16.33% |
| Dec 31, 2006 | 31.48% | 59.57% |
| Dec 31, 2005 | 27.38% | 54.00% |
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).
Comparison to Industry (Materials)
United States Steel Corp., ROE, long-term trends, comparison to industry (materials)
| United States Steel Corp. | Materials | |
|---|---|---|
| Dec 31, 2022 | 24.70% | 16.42% |
| Dec 31, 2021 | 46.33% | 16.54% |
| Dec 31, 2020 | -30.77% | 8.40% |
| Dec 31, 2019 | -15.40% | 5.74% |
| Dec 31, 2018 | 26.53% | 12.42% |
| Dec 31, 2017 | 11.66% | 27.34% |
| Dec 31, 2016 | -19.35% | -11.75% |
| Dec 31, 2015 | -67.41% | -73.64% |
| Dec 31, 2014 | 2.68% | 5.03% |
| Dec 31, 2013 | -49.94% | 17.62% |
| Dec 31, 2012 | -3.57% | 21.12% |
| Dec 31, 2011 | -1.51% | 29.47% |
| Dec 31, 2010 | -12.52% | 30.11% |
| Dec 31, 2009 | -29.96% | 27.87% |
| Dec 31, 2008 | 43.15% | -82.36% |
| Dec 31, 2007 | 15.89% | 18.96% |
| Dec 31, 2006 | 31.48% | 33.59% |
| Dec 31, 2005 | 27.38% | 29.22% |
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).