Stock Analysis on Net

United States Steel Corp. (NYSE:X)

$22.49

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Analysis of Reportable Segments

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Segment Profit Margin

United States Steel Corp., profit margin by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products

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).

Segment profitability ratio Reportable segment The company
Segment profit margin North American Flat-Rolled North American Flat-Rolled segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Mini Mill Mini Mill segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
USSE USSE segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Tubular Products Tubular Products segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Profit Margin: North American Flat-Rolled

United States Steel Corp.; North American Flat-Rolled; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Net sales
Segment Profitability Ratio
Segment profit margin1

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).

1 2022 Calculation
Segment profit margin = 100 × Earnings (loss) before interest and income taxes ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin North American Flat-Rolled North American Flat-Rolled segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment Profit Margin: Mini Mill

United States Steel Corp.; Mini Mill; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Net sales
Segment Profitability Ratio
Segment profit margin1

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).

1 2022 Calculation
Segment profit margin = 100 × Earnings (loss) before interest and income taxes ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Mini Mill Mini Mill segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment Profit Margin: USSE

United States Steel Corp.; USSE; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Net sales
Segment Profitability Ratio
Segment profit margin1

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).

1 2022 Calculation
Segment profit margin = 100 × Earnings (loss) before interest and income taxes ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin USSE USSE segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment Profit Margin: Tubular Products

United States Steel Corp.; Tubular Products; segment profit margin calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Net sales
Segment Profitability Ratio
Segment profit margin1

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).

1 2022 Calculation
Segment profit margin = 100 × Earnings (loss) before interest and income taxes ÷ Net sales
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Tubular Products Tubular Products segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Return on Assets (Segment ROA)

United States Steel Corp., ROA by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products

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).

Segment profitability ratio Reportable segment The company
Segment ROA North American Flat-Rolled North American Flat-Rolled segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Mini Mill Mini Mill segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
USSE USSE segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Tubular Products Tubular Products segment ROA improved from 2020 to 2021 and from 2021 to 2022.

Segment ROA: North American Flat-Rolled

United States Steel Corp.; North American Flat-Rolled; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

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).

1 2022 Calculation
Segment ROA = 100 × Earnings (loss) before interest and income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA North American Flat-Rolled North American Flat-Rolled segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment ROA: Mini Mill

United States Steel Corp.; Mini Mill; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

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).

1 2022 Calculation
Segment ROA = 100 × Earnings (loss) before interest and income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Mini Mill Mini Mill segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment ROA: USSE

United States Steel Corp.; USSE; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

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).

1 2022 Calculation
Segment ROA = 100 × Earnings (loss) before interest and income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA USSE USSE segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Segment ROA: Tubular Products

United States Steel Corp.; Tubular Products; segment ROA calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Earnings (loss) before interest and income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

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).

1 2022 Calculation
Segment ROA = 100 × Earnings (loss) before interest and income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Tubular Products Tubular Products segment ROA improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover

United States Steel Corp., asset turnover by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products

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).

Segment activity ratio Reportable segment The company
Segment asset turnover North American Flat-Rolled North American Flat-Rolled segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Mini Mill Mini Mill segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
USSE USSE segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.
Tubular Products Tubular Products segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover: North American Flat-Rolled

United States Steel Corp.; North American Flat-Rolled; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales
Total assets
Segment Activity Ratio
Segment asset turnover1

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover North American Flat-Rolled North American Flat-Rolled segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment Asset Turnover: Mini Mill

United States Steel Corp.; Mini Mill; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales
Total assets
Segment Activity Ratio
Segment asset turnover1

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Mini Mill Mini Mill segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Segment Asset Turnover: USSE

United States Steel Corp.; USSE; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales
Total assets
Segment Activity Ratio
Segment asset turnover1

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover USSE USSE segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Asset Turnover: Tubular Products

United States Steel Corp.; Tubular Products; segment asset turnover calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net sales
Total assets
Segment Activity Ratio
Segment asset turnover1

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).

1 2022 Calculation
Segment asset turnover = Net sales ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Tubular Products Tubular Products segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Capital Expenditures to Depreciation

United States Steel Corp., capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products

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).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North American Flat-Rolled North American Flat-Rolled segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
Mini Mill Mini Mill segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.
USSE USSE segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.
Tubular Products Tubular Products segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Segment Capital Expenditures to Depreciation: North American Flat-Rolled

United States Steel Corp.; North American Flat-Rolled; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation, depletion & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation North American Flat-Rolled North American Flat-Rolled segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Segment Capital Expenditures to Depreciation: Mini Mill

United States Steel Corp.; Mini Mill; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation, depletion & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Mini Mill Mini Mill segment capital expenditures to depreciation ratio improved from 2020 to 2021 and from 2021 to 2022.

Segment Capital Expenditures to Depreciation: USSE

United States Steel Corp.; USSE; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation, depletion & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation USSE USSE segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 exceeding 2020 level.

Segment Capital Expenditures to Depreciation: Tubular Products

United States Steel Corp.; Tubular Products; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Capital expenditures
Depreciation, depletion & amortization
Segment Financial Ratio
Segment capital expenditures to depreciation1

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).

1 2022 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation, depletion & amortization
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Tubular Products Tubular Products segment capital expenditures to depreciation ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Net sales

United States Steel Corp., net sales by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products
Reportable segments

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).


Earnings (loss) before interest and income taxes

United States Steel Corp., earnings (loss) before interest and income taxes by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products
Reportable segments

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).


Depreciation, depletion & amortization

United States Steel Corp., depreciation, depletion & amortization by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products
Reportable segments

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).


Capital expenditures

United States Steel Corp., capital expenditures by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products
Reportable segments

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).


Total assets

United States Steel Corp., total assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
North American Flat-Rolled
Mini Mill
USSE
Tubular Products
Reportable segments

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).