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U.S. Steel Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies40
- 7D0.3%
- 3M-5.6%
- 1Y-12.9%
- YTDn/a
Over the last 7 days, the Steel industry has risen 1.4%, driven by gains from Nucor of 5.1%. Meanwhile, Carpenter Technology actually underperformed within the industry, shrinking 8.3% in the last week. In contrast, the industry has lost 12% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the U.S. Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | US$125.4b | US$158.3b | US$6.5b | 14.5x | 19.2x | 0.8x |
| Mon, 30 Dec 2024 | US$118.6b | US$163.1b | US$7.8b | 13.6x | 15.3x | 0.7x |
| Wed, 27 Nov 2024 | US$145.6b | US$163.2b | US$7.7b | 17.1x | 19x | 0.9x |
| Fri, 25 Oct 2024 | US$133.0b | US$167.0b | US$7.9b | 11.8x | 16.8x | 0.8x |
| Sun, 22 Sep 2024 | US$132.3b | US$169.0b | US$9.3b | 11.4x | 14.3x | 0.8x |
| Tue, 20 Aug 2024 | US$132.8b | US$169.0b | US$9.3b | 11.8x | 14.3x | 0.8x |
| Thu, 18 Jul 2024 | US$147.0b | US$173.0b | US$12.8b | 11.9x | 11.4x | 0.8x |
| Sat, 15 Jun 2024 | US$136.0b | US$173.3b | US$13.1b | 11.5x | 10.4x | 0.8x |
| Mon, 13 May 2024 | US$147.8b | US$173.5b | US$13.1b | 12.2x | 11.2x | 0.9x |
| Wed, 10 Apr 2024 | US$161.1b | US$174.7b | US$14.0b | 11.4x | 11.5x | 0.9x |
| Fri, 08 Mar 2024 | US$155.0b | US$175.0b | US$14.1b | 12.9x | 11x | 0.9x |
| Sun, 04 Feb 2024 | US$149.5b | US$173.9b | US$14.1b | 12.2x | 10.6x | 0.9x |
| Tue, 02 Jan 2024 | US$147.9b | US$175.8b | US$14.9b | 12.9x | 10x | 0.8x |
| Thu, 30 Nov 2023 | US$138.5b | US$177.0b | US$15.0b | 13.1x | 9.2x | 0.8x |
| Sat, 28 Oct 2023 | US$126.9b | US$176.1b | US$16.1b | 8.7x | 7.9x | 0.7x |
| Mon, 25 Sep 2023 | US$130.7b | US$181.4b | US$17.4b | 8.5x | 7.5x | 0.7x |
| Wed, 23 Aug 2023 | US$136.0b | US$181.3b | US$17.4b | 8.7x | 7.8x | 0.7x |
| Fri, 21 Jul 2023 | US$134.2b | US$184.8b | US$19.7b | 9.6x | 6.8x | 0.7x |
| Sun, 18 Jun 2023 | US$124.1b | US$186.7b | US$20.4b | 8.9x | 6.1x | 0.7x |
| Tue, 16 May 2023 | US$116.8b | US$186.6b | US$20.4b | 8.7x | 5.7x | 0.6x |
| Thu, 13 Apr 2023 | US$125.7b | US$191.8b | US$24.2b | 7x | 5.2x | 0.7x |
| Sat, 11 Mar 2023 | US$132.5b | US$192.0b | US$24.5b | 6.2x | 5.4x | 0.7x |
| Mon, 06 Feb 2023 | US$141.3b | US$194.3b | US$27.1b | 5.8x | 5.2x | 0.7x |
| Wed, 04 Jan 2023 | US$111.5b | US$196.9b | US$29.3b | 3.9x | 3.8x | 0.6x |
| Fri, 02 Dec 2022 | US$120.0b | US$197.0b | US$29.4b | 4.5x | 4.1x | 0.6x |
| Sun, 30 Oct 2022 | US$109.3b | US$196.7b | US$30.4b | 4x | 3.6x | 0.6x |
| Tue, 27 Sep 2022 | US$91.9b | US$195.6b | US$33.5b | 3.8x | 2.7x | 0.5x |
| Thu, 25 Aug 2022 | US$114.0b | US$195.8b | US$33.6b | 4.7x | 3.4x | 0.6x |
| Sat, 23 Jul 2022 | US$106.5b | US$185.6b | US$31.3b | 4.5x | 3.4x | 0.6x |
| Mon, 20 Jun 2022 | US$102.7b | US$183.1b | US$30.9b | 4.5x | 3.3x | 0.6x |
| Wed, 18 May 2022 | US$111.4b | US$182.2b | US$30.6b | 5.1x | 3.6x | 0.6x |
| Fri, 15 Apr 2022 | US$141.9b | US$168.2b | US$25.9b | 6.5x | 5.5x | 0.8x |
| Sun, 13 Mar 2022 | US$122.8b | US$166.6b | US$25.6b | 6.4x | 4.8x | 0.7x |
| Tue, 08 Feb 2022 | US$99.9b | US$157.4b | US$23.3b | 6.3x | 4.3x | 0.6x |
Price to Earnings Ratio
4.3x
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 19.2x which is higher than its 3-year average PE of 8.2x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 34% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Steel compare with similar industries?
| US Market | -0.87% | |
| Materials | -0.65% | |
| Metals and Mining | -0.96% | |
| Steel | 0.27% | |
| Silver | 3.64% | |
| Gold | 2.67% | |
| Precious Metals and Minerals | -0.62% | |
| Diversified Metals and Mining | -1.66% | |
| Copper | -5.11% | |
| Aluminum | -5.21% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NUE Nucor | US$128.43 | 5.1% +US$1.5b | -30.0% | PE14.9x | |
| STLD Steel Dynamics | US$128.20 | 4.8% +US$890.6m | 6.7% | PE12.7x | |
| TX Ternium | US$30.00 | 2.1% +US$121.7m | -22.6% | PE74.2x | |
| CLF Cleveland-Cliffs | US$10.24 | 2.3% +US$113.6m | -49.7% | PS0.3x | |
| RYI Ryerson Holding | US$22.36 | 3.3% +US$22.6m | -34.7% | PE33.1x |
