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United States Steel Corp  (X)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials


 

United States Steel Corp

X's Financial Statements and Analysis



United States Steel Corp reported in the forth quarter of 2023 net loss per share of $-0.34 compare to earnings per share of $0.73 in the same quarter a year ago a decrease from $1.20 eps realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ -0.34 $  4,144 Mill
$-1.07     $-194M     -4.47 %



United States Steel's Revenue fell by -4.47 % in forth quarter of 2023 (Dec 31 2023) year on year, to $4,144 million and declined by -6.48 % sequentially.


United States Steel is

More on X's Income Statement



United States Steel's in theforth quarter of 2023 recorded net loss of $-80.000 million, compare to net income of $174.000 million achieved in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $299.000 million in the previous quarter.

More on X's Growth



United States Steel Inventories
Inventories declined by -9.79 % to $2,128.00 million from IV. Quarter a year ago, sequentially inventories fell by -7.64 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-271 million, capital expenditures fell by -6310.95%, to $-637 millions compare to same quarter a year ago

More on X's Cash flow Statement


United States Steel Corp does not pay out common stock dividend.

In trailing twelve-month period United States Steel Corp earned $ 8.35 cash per share, on a free-cash flow basis 236.63 % of net earning per share.

Book value fell by -0.50 % sequentially to $43.94 per share.
Tangible Book value fell to $ 38.55 per share from $ 38.68.

Company issued 2.24 million shares or 0.90 % in Dec 31 2023.
Interest Coverage Ratio was 15.54. Debt Coverage Ratio was 0.27.

More on X's Dividends

 Market Capitalization (Millions) 10,252
 Shares Outstanding (Millions) 251
 Total Debt (Millions $) 4,222
 Revenue (TTM) (Millions $) 18,053
 Net Income (TTM) (Millions $) 895
 Cash Flow (TTM) (Millions $) -551
 Capital Exp. (TTM) (Millions $) -2,576
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 34,680




United States Steel Corp does not pay out common stock dividend.

In trailing twelve-month period United States Steel Corp had $ 8.35 cash flow per share, on a free-cash flow basis 236.63 % of net earning per share.

Book value fell by -0.50 % sequentially to $43.94 per share.
Tangible Book value fell to $ 38.55 per share from $ 38.68.

Company issued 2.24 million shares or 0.90 % in Dec 31 2023.
Interest Coverage Ratio was 15.54. Debt Coverage Ratio was 0.27.

More on X's Balance Sheets

 Market Capitalization (Millions) 10,252
 Shares Outstanding (Millions) 251
 Total Debt (Millions $) 4,222
 Revenue (TTM) (Millions $) 18,053
 Net Income (TTM) (Millions $) 895
 Cash Flow (TTM) (Millions $) -551
 Capital Exp. (TTM) (Millions $) -2,576
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 34,680
   


  News about United States Steel Corp Earnings

United States Steel Corp Faces Steep Losses and Declining Revenue, Bucking Industry Trend

United States Steel Corp, one of the largest players in the iron and steel industry, recently reported its financial results for the October to December 31, 2023 fiscal period. The company experienced a slip into a loss of $-0.34 per share compared to $0.73 per share a year ago. Additionally, the EPS fell from $1.20 per share from the previous reporting season. The revenue also contracted by -4.472% to $4.14 billion from $4.34 billion in the corresponding reporting season a year ago, and sequentially revenue decreased by -6.477% from $4.43 billion.
In contrast to United States Steel Corp's scenario, the rest of the Iron and Steel sector posted a revenue gain of 214.68% relative to the corresponding peri...

United States Steel Corp's EPS Plummets Amidst Sluggish Sales in Recent Fiscal Period

In the third quarter of 2023 earnings season, X, a leading company in the Iron and Steel sector, reported a decline in both its top and bottom-line performance. The net profit per share dropped by 35.14% compared to the previous year, while revenue decreased by 14.838%. This decline was evident in the company's financial results, with revenue amounting to $4.43 billion compared to $5.20 billion in the same period the previous year. Additionally, the earnings per share fell from $1.85 to $1.20.
The Iron and Steel sector as a whole experienced a rise in top-line performance during the third quarter of 2023. However, X's income declined by 36.51% from $1.89 per share, and its revenue deteriorated by 11.522%...

United States Steel Corp Faces Steep EPS Drop, Highlighting Challenging Second Quarter of 2023 Earnings Season

United States Steel Corp (NYSE: X) experienced a challenging second quarter of 2023 earnings season, with net profit per share plummeting by a concerning -44.74% to $1.89, compared to $3.42 in the same period last year. However, it is important to note that the earnings per share grew significantly from the previous financial reporting period, more than doubling by an impressive 142.31% to $0.78 per share.
The company witnessed a decline in revenue, which crumbled by -20.382% to $5.01 billion, down from $6.29 billion in the comparable financial reporting period a year ago. However, sequentially the revenue showed some signs of recovery, advancing by 12.036% from $4.47 billion. While the bottom-line of $4...


Date modified: 2024-02-03T10:34:53+00:00





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