U.S. Steel Industry Analysis
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies43
- 7D2.8%
- 3M-16.5%
- 1Y3.1%
- YTD7.1%
The Steel industry is up 2.8% in the last week, with Nucor up 3.5%. Meanwhile, Ramaco Resources actually underperformed within the industry, shrinking 7.5% in the last week. This takes the industry's 12 month performance to a gain of 3.1%. In the next few years, earnings are forecast to decline by 21% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | US$118.2b | US$186.6b | US$20.4b | 8.7x | 5.8x | 0.6x |
| Thu, 04 May 2023 | US$120.3b | US$186.4b | US$20.5b | 7.4x | 5.9x | 0.6x |
| Sat, 01 Apr 2023 | US$129.6b | US$191.8b | US$24.3b | 7.1x | 5.3x | 0.7x |
| Mon, 27 Feb 2023 | US$134.1b | US$191.9b | US$24.5b | 5.6x | 5.5x | 0.7x |
| Wed, 25 Jan 2023 | US$128.0b | US$197.1b | US$29.3b | 4.6x | 4.4x | 0.6x |
| Fri, 23 Dec 2022 | US$115.4b | US$196.9b | US$29.3b | 4.2x | 3.9x | 0.6x |
| Sun, 20 Nov 2022 | US$114.8b | US$196.9b | US$29.4b | 4.3x | 3.9x | 0.6x |
| Tue, 18 Oct 2022 | US$100.8b | US$196.4b | US$33.5b | 3.9x | 3x | 0.5x |
| Thu, 15 Sep 2022 | US$102.6b | US$195.8b | US$33.5b | 4.2x | 3.1x | 0.5x |
| Sat, 13 Aug 2022 | US$117.8b | US$195.9b | US$33.6b | 4.7x | 3.5x | 0.6x |
| Mon, 11 Jul 2022 | US$97.0b | US$183.9b | US$30.8b | 4.3x | 3.1x | 0.5x |
| Wed, 08 Jun 2022 | US$124.4b | US$182.4b | US$30.6b | 5.8x | 4.1x | 0.7x |
| Fri, 06 May 2022 | US$123.3b | US$180.3b | US$29.8b | 5.4x | 4.1x | 0.7x |
| Sun, 03 Apr 2022 | US$135.1b | US$168.0b | US$25.9b | 6.1x | 5.2x | 0.8x |
| Tue, 01 Mar 2022 | US$116.2b | US$166.1b | US$25.3b | 5.6x | 4.6x | 0.7x |
| Thu, 27 Jan 2022 | US$90.2b | US$149.0b | US$19.2b | 5.9x | 4.7x | 0.6x |
| Sat, 25 Dec 2021 | US$102.6b | US$145.4b | US$18.1b | 6.3x | 5.7x | 0.7x |
| Mon, 22 Nov 2021 | US$103.5b | US$144.9b | US$17.9b | 6.5x | 5.8x | 0.7x |
| Wed, 20 Oct 2021 | US$100.1b | US$122.6b | US$9.8b | 10x | 10.2x | 0.8x |
| Fri, 17 Sep 2021 | US$104.5b | US$118.8b | US$9.3b | 10.6x | 11.2x | 0.9x |
| Sun, 15 Aug 2021 | US$117.2b | US$120.5b | US$9.2b | 12.1x | 12.7x | 1x |
| Thu, 10 Jun 2021 | US$101.9b | US$101.6b | US$2.7b | 16.3x | 37.5x | 1x |
| Wed, 03 Mar 2021 | US$70.4b | US$92.2b | -US$37,833,844.16 | 14.9x | -1859.8x | 0.8x |
| Sat, 05 Dec 2020 | US$57.8b | US$90.5b | -US$637,203,816.20 | 18.5x | -90.7x | 0.6x |
| Tue, 08 Sep 2020 | US$45.4b | US$93.3b | US$142.0m | 10.8x | 319.7x | 0.5x |
Price to Earnings Ratio
-252.2x
Current Industry PE
- Investors are pessimistic on the American Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.8x which is higher than its 3-year average PE of -80.9x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 25% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Steel compare with similar industries?
| US Market | 1.77% | |
| Materials | 2.73% | |
| Metals and Mining | 3.44% | |
| Steel | 2.77% | |
| Copper | 5.63% | |
| Diversified Metals and Mining | 2.25% | |
| Gold | 2.23% | |
| Aluminum | 1.39% | |
| Silver | 1.05% | |
| Precious Metals and Minerals | -5.60% | |
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$140.94 | 3.5% +US$1.2b | 8.9% | PE5.3x | |
| CLF Cleveland-Cliffs | US$15.26 | 6.3% +US$463.6m | -34.6% | PE16.6x | |
| TX Ternium | US$40.28 | 4.6% +US$345.5m | -8.7% | PE5.8x | |
| STLD Steel Dynamics | US$97.68 | 2.1% +US$343.1m | 18.6% | PE4.9x | |
| ATI ATI | US$37.49 | 7.1% +US$320.1m | 31.2% | PE28.3x |
