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X

United States SteelNYSE:X Stock Report

Market Cap

US$5.9b

7D

-6.5%

1Y

207.3%

Updated

25 Sep, 2021

Data

Company Financials +
X fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

X Overview

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe.

United States Steel Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United States Steel
Historical stock prices
Current Share PriceUS$21.85
52 Week HighUS$7.25
52 Week LowUS$30.57
Beta2.12
1 Month Change-17.98%
3 Month Change-7.57%
1 Year Change207.31%
3 Year Change-28.31%
5 Year Change15.85%
Change since IPO-15.96%

Recent News & Updates

Shareholder Returns

XUS Metals and MiningUS Market
7D-6.5%-2.8%0.1%
1Y207.3%42.6%35.3%

Return vs Industry: X exceeded the US Metals and Mining industry which returned 42.6% over the past year.

Return vs Market: X exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is X's price volatile compared to industry and market?
X volatility
X Beta2.12
Industry Beta1.32
Market Beta1

Stable Share Price: X is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: X's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190123,350Dave Burritthttps://www.ussteel.com

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through three segments: North American Flat-Rolled (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment offers slabs, strip mill plates, sheets and tin mill products, as well as all iron ore and coke.

United States Steel Fundamentals Summary

How do United States Steel's earnings and revenue compare to its market cap?
X fundamental statistics
Market CapUS$5.90b
Earnings (TTM)US$918.00m
Revenue (TTM)US$13.59b

6.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
X income statement (TTM)
RevenueUS$13.59b
Cost of RevenueUS$11.36b
Gross ProfitUS$2.23b
ExpensesUS$1.31b
EarningsUS$918.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.40
Gross Margin16.38%
Net Profit Margin6.75%
Debt/Equity Ratio90.4%

How did X perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

1%

Payout Ratio

Valuation

Is United States Steel undervalued compared to its fair value and its price relative to the market?

47.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: X ($21.85) is trading below our estimate of fair value ($41.66)

Significantly Below Fair Value: X is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: X is good value based on its PE Ratio (6.4x) compared to the US Metals and Mining industry average (11.3x).

PE vs Market: X is good value based on its PE Ratio (6.4x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: X's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: X is good value based on its PB Ratio (1x) compared to the US Metals and Mining industry average (2.3x).


Future Growth

How is United States Steel forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-51.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: X's earnings are forecast to decline over the next 3 years (-51.5% per year).

Earnings vs Market: X's earnings are forecast to decline over the next 3 years (-51.5% per year).

High Growth Earnings: X's earnings are forecast to decline over the next 3 years.

Revenue vs Market: X's revenue is expected to decline over the next 3 years (-11.2% per year).

High Growth Revenue: X's revenue is forecast to decline over the next 3 years (-11.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: X's Return on Equity is forecast to be low in 3 years time (13.8%).


Past Performance

How has United States Steel performed over the past 5 years?

-1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: X has high quality earnings.

Growing Profit Margin: X became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: X has become profitable over the past 5 years, growing earnings by -1.8% per year.

Accelerating Growth: X has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: X has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (108.8%).


Return on Equity

High ROE: X's Return on Equity (15.4%) is considered low.


Financial Health

How is United States Steel's financial position?


Financial Position Analysis

Short Term Liabilities: X's short term assets ($5.6B) exceed its short term liabilities ($4.5B).

Long Term Liabilities: X's short term assets ($5.6B) do not cover its long term liabilities ($5.7B).


Debt to Equity History and Analysis

Debt Level: X's debt to equity ratio (90.4%) is considered high.

Reducing Debt: X's debt to equity ratio has reduced from 163.4% to 90.4% over the past 5 years.

Debt Coverage: X's debt is well covered by operating cash flow (29.8%).

Interest Coverage: X's interest payments on its debt are well covered by EBIT (3.9x coverage).


Balance Sheet


Dividend

What is United States Steel current dividend yield, its reliability and sustainability?

0.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: X's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: X's dividend (0.18%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: X is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: X is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: X is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of X's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Dave Burritt (66 yo)

4.33yrs

Tenure

US$8,583,443

Compensation

Mr. David Boyd Burritt, also known as Dave, has been the Chief Executive Officer of United States Steel Corporation since May 8, 2017 and its President since February 28, 2017 and served as its Chief Opera...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD8.58M) is above average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: X's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: X's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.6%.


Top Shareholders

Company Information

United States Steel Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: United States Steel Corporation
  • Ticker: X
  • Exchange: NYSE
  • Founded: 1901
  • Industry: Steel
  • Sector: Materials
  • Market Cap: US$5.902b
  • Shares outstanding: 270.13m
  • Website: https://www.ussteel.com

Number of Employees


Location

  • United States Steel Corporation
  • 600 Grant Street
  • Pittsburgh
  • Pennsylvania
  • 15219-2800
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:22
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.