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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jun 2023US$118.2bUS$186.6bUS$20.4b8.7x5.8x0.6x
Thu, 04 May 2023US$120.3bUS$186.4bUS$20.5b7.4x5.9x0.6x
Sat, 01 Apr 2023US$129.6bUS$191.8bUS$24.3b7.1x5.3x0.7x
Mon, 27 Feb 2023US$134.1bUS$191.9bUS$24.5b5.6x5.5x0.7x
Wed, 25 Jan 2023US$128.0bUS$197.1bUS$29.3b4.6x4.4x0.6x
Fri, 23 Dec 2022US$115.4bUS$196.9bUS$29.3b4.2x3.9x0.6x
Sun, 20 Nov 2022US$114.8bUS$196.9bUS$29.4b4.3x3.9x0.6x
Tue, 18 Oct 2022US$100.8bUS$196.4bUS$33.5b3.9x3x0.5x
Thu, 15 Sep 2022US$102.6bUS$195.8bUS$33.5b4.2x3.1x0.5x
Sat, 13 Aug 2022US$117.8bUS$195.9bUS$33.6b4.7x3.5x0.6x
Mon, 11 Jul 2022US$97.0bUS$183.9bUS$30.8b4.3x3.1x0.5x
Wed, 08 Jun 2022US$124.4bUS$182.4bUS$30.6b5.8x4.1x0.7x
Fri, 06 May 2022US$123.3bUS$180.3bUS$29.8b5.4x4.1x0.7x
Sun, 03 Apr 2022US$135.1bUS$168.0bUS$25.9b6.1x5.2x0.8x
Tue, 01 Mar 2022US$116.2bUS$166.1bUS$25.3b5.6x4.6x0.7x
Thu, 27 Jan 2022US$90.2bUS$149.0bUS$19.2b5.9x4.7x0.6x
Sat, 25 Dec 2021US$102.6bUS$145.4bUS$18.1b6.3x5.7x0.7x
Mon, 22 Nov 2021US$103.5bUS$144.9bUS$17.9b6.5x5.8x0.7x
Wed, 20 Oct 2021US$100.1bUS$122.6bUS$9.8b10x10.2x0.8x
Fri, 17 Sep 2021US$104.5bUS$118.8bUS$9.3b10.6x11.2x0.9x
Sun, 15 Aug 2021US$117.2bUS$120.5bUS$9.2b12.1x12.7x1x
Thu, 10 Jun 2021US$101.9bUS$101.6bUS$2.7b16.3x37.5x1x
Wed, 03 Mar 2021US$70.4bUS$92.2b-US$37,833,844.1614.9x-1859.8x0.8x
Sat, 05 Dec 2020US$57.8bUS$90.5b-US$637,203,816.2018.5x-90.7x0.6x
Tue, 08 Sep 2020US$45.4bUS$93.3bUS$142.0m10.8x319.7x0.5x
Price to Earnings Ratio

-252.2x


Total Market Cap: US$41.7bTotal Earnings: -US$165,251,519.97Total Revenue: US$95.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Steel Industry Price to Earnings3Y Average -80.9x202120222023
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 Market1.77%
Materials2.73%
Metals and Mining3.44%
Steel2.77%
Copper5.63%
Diversified Metals and Mining2.25%
Gold2.23%
Aluminum1.39%
Silver1.05%
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?

CompanyLast Price7D1YValuation
NUE NucorUS$140.943.5%
+US$1.2b
8.9%PE5.3x
CLF Cleveland-CliffsUS$15.266.3%
+US$463.6m
-34.6%PE16.6x
TX TerniumUS$40.284.6%
+US$345.5m
-8.7%PE5.8x
STLD Steel DynamicsUS$97.682.1%
+US$343.1m
18.6%PE4.9x
ATI ATIUS$37.497.1%
+US$320.1m
31.2%PE28.3x
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Latest News

METC

US$7.63

Ramaco Resources

7D

-7.5%

1Y

-49.2%

RS

US$239.39

Reliance Steel & Aluminum

7D

-0.1%

1Y

21.9%

CMC

US$44.67

Commercial Metals

7D

-0.5%

1Y

8.1%

AP

US$3.11

Ampco-Pittsburgh

7D

-1.6%

1Y

-31.6%

HUDI

US$4.43

Huadi International Group

7D

-9.2%

1Y

-81.1%

TX

US$40.28

Ternium

7D

4.6%

1Y

-8.7%

SIM

US$33.16

Grupo Simec. de

7D

2.0%

1Y

7.0%

FRD

US$9.55

Friedman Industries

7D

-5.9%

1Y

-6.8%

ZKIN

US$0.69

ZK International Group

7D

-4.2%

1Y

-52.1%