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U.S. Steel Industry Analysis

UpdatedApr 21, 2024
DataAggregated Company Financials
Companies43
  • 7D-1.7%
  • 3M9.2%
  • 1Y26.1%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 3.4%, driven by Nucor declining 1.6%. On the other hand Warrior Met Coal is actually up 7.2%. This takes the industry's 12 month performance to a gain of 24%. As for the next few years, earnings are forecast to decline by 3.7% per annum.

Industry Valuation and Performance

Has the U.S. Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Apr 2024US$154.3bUS$174.5bUS$14.0b10.8x11x0.9x
Tue, 19 Mar 2024US$152.1bUS$175.0bUS$14.1b11.8x10.7x0.9x
Thu, 15 Feb 2024US$146.5bUS$174.0bUS$14.1b12.7x10.4x0.8x
Sat, 13 Jan 2024US$144.4bUS$175.6bUS$14.8b15.9x9.8x0.8x
Mon, 11 Dec 2023US$134.7bUS$175.7bUS$14.8b12.4x9.1x0.8x
Wed, 08 Nov 2023US$133.1bUS$176.9bUS$15.0b11.7x8.9x0.8x
Fri, 06 Oct 2023US$131.2bUS$180.9bUS$17.4b8.5x7.5x0.7x
Sun, 03 Sep 2023US$140.1bUS$181.3bUS$17.4b9x8.1x0.8x
Tue, 01 Aug 2023US$138.7bUS$180.0bUS$17.5b9.8x7.9x0.8x
Thu, 29 Jun 2023US$129.3bUS$186.1bUS$20.1b9.2x6.4x0.7x
Sat, 27 May 2023US$114.4bUS$186.6bUS$20.4b9x5.6x0.6x
Mon, 24 Apr 2023US$126.5bUS$189.3bUS$22.8b6.4x5.5x0.7x
Wed, 22 Mar 2023US$126.6bUS$191.9bUS$24.5b6.6x5.2x0.7x
Fri, 17 Feb 2023US$140.1bUS$192.8bUS$24.9b5.6x5.6x0.7x
Sun, 15 Jan 2023US$129.4bUS$197.1bUS$29.3b4.7x4.4x0.7x
Tue, 13 Dec 2022US$118.8bUS$196.9bUS$29.4b4.5x4x0.6x
Thu, 10 Nov 2022US$107.5bUS$196.8bUS$29.4b3.9x3.7x0.5x
Sat, 08 Oct 2022US$99.3bUS$196.0bUS$33.4b3.8x3x0.5x
Mon, 05 Sep 2022US$107.1bUS$195.8bUS$33.5b4.3x3.2x0.5x
Wed, 03 Aug 2022US$109.5bUS$192.7bUS$32.6b4.6x3.4x0.6x
Fri, 01 Jul 2022US$96.5bUS$183.9bUS$30.8b4.4x3.1x0.5x
Sun, 29 May 2022US$125.2bUS$182.4bUS$30.6b5.6x4.1x0.7x
Tue, 26 Apr 2022US$133.8bUS$175.5bUS$28.5b6.1x4.7x0.8x
Thu, 24 Mar 2022US$132.4bUS$167.9bUS$25.9b6.2x5.1x0.8x
Sat, 19 Feb 2022US$107.7bUS$164.7bUS$24.8b5.9x4.3x0.7x
Mon, 17 Jan 2022US$105.8bUS$146.3bUS$18.3b6.5x5.8x0.7x
Wed, 15 Dec 2021US$101.8bUS$144.8bUS$17.9b6.7x5.7x0.7x
Fri, 12 Nov 2021US$107.5bUS$144.4bUS$17.7b6.8x6.1x0.7x
Sun, 10 Oct 2021US$96.4bUS$119.1bUS$8.8b10.2x10.9x0.8x
Tue, 07 Sep 2021US$108.8bUS$120.8bUS$9.2b9.8x11.8x0.9x
Thu, 05 Aug 2021US$102.8bUS$120.5bUS$9.2b10.4x11.1x0.9x
Sun, 09 May 2021US$89.1bUS$100.3bUS$2.5b14.7x35.8x0.9x
Price to Earnings Ratio

35.8x


Total Market Cap: US$89.1bTotal Earnings: US$2.5bTotal Revenue: US$100.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Steel Industry Price to Earnings3Y Average 8.4x202220232024
Current Industry PE
  • Investors are optimistic on the American Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.0x which is higher than its 3-year average PE of 8.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 78% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Steel compare with similar industries?

US Market-3.18%
Materials-1.40%
Metals and Mining-0.70%
Steel-1.73%
Gold1.59%
Aluminum1.05%
Copper-0.78%
Precious Metals and Minerals-1.70%
Silver-1.92%
Diversified Metals and Mining-5.70%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
HCC Warrior Met CoalUS$67.047.2%
+US$236.9m
83.6%PE7.3x
TX TerniumUS$43.191.4%
+US$115.8m
4.2%PE12.5x
ARCH Arch ResourcesUS$163.184.0%
+US$114.9m
31.9%PE6.4x
RDUS Radius RecyclingUS$18.416.7%
+US$32.2m
-39.9%PS0.2x
CRS Carpenter TechnologyUS$78.040.7%
+US$26.7m
66.5%PE26.9x
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Latest News

ARCH

US$163.18

Arch Resources

7D

4.0%

1Y

31.9%

SXC

US$10.73

SunCoke Energy

7D

1.5%

1Y

30.4%

NUE

US$191.36

Nucor

7D

-1.6%

1Y

24.7%

CRS

US$78.04

Carpenter Technology

7D

0.7%

1Y

66.5%

ATI

US$50.56

ATI

7D

-2.1%

1Y

31.4%

TX

US$43.19

Ternium

7D

1.4%

1Y

4.2%

STLD

US$136.90

Steel Dynamics

7D

-2.7%

1Y

24.4%

SIM

US$31.00

Grupo Simec. de

7D

-6.1%

1Y

-10.7%