United States Steel
Market Cap
US$4.7b
Last Updated
2021/02/26 23:09 UTC
Data Sources
Company Financials +
Executive Summary
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. More Details
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has United States Steel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: X is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: X's weekly volatility (12%) has been stable over the past year.
Market Performance
7 Day Return
-7.2%
X
-5.6%
US Metals and Mining
-4.6%
US Market
1 Year Return
107.1%
X
71.8%
US Metals and Mining
38.5%
US Market
Return vs Industry: X exceeded the US Metals and Mining industry which returned 74.5% over the past year.
Return vs Market: X exceeded the US Market which returned 38.9% over the past year.
Shareholder returns
| X | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.2% | -5.6% | -4.6% |
| 30 Day | -9.6% | 8.5% | 0.6% |
| 90 Day | 14.2% | 14.3% | 1.9% |
| 1 Year | 108.0%107.1% | 76.0%71.8% | 41.5%38.5% |
| 3 Year | -62.5%-63.4% | 28.4%19.6% | 56.7%46.7% |
| 5 Year | 33.1%28.0% | 137.1%115.4% | 123.5%98.6% |
Long-Term Price Volatility Vs. Market
How volatile is United States Steel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Estimating The Fair Value Of United States Steel Corporation (NYSE:X)1 month ago | Simply Wall St
Can You Imagine How Jubilant United States Steel's (NYSE:X) Shareholders Feel About Its 100% Share Price Gain?2 months ago | Simply Wall St
Is United States Steel (NYSE:X) Weighed On By Its Debt Load?Valuation
Is United States Steel undervalued compared to its fair value and its price relative to the market?
29.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: X ($16.61) is trading below our estimate of fair value ($23.4)
Significantly Below Fair Value: X is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: X is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: X is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate X's PEG Ratio to determine if it is good value.
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).
Next Steps
Future Growth
How is United States Steel forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
93.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: X is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: X is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: X's is expected to become profitable in the next 3 years.
Revenue vs Market: X's revenue (11.4% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: X's revenue (11.4% per year) is forecast to grow slower than 20% 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 (4%).
Next Steps
Past Performance
How has United States Steel performed over the past 5 years?
10.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: X is currently unprofitable.
Growing Profit Margin: X is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: X is unprofitable, but has reduced losses over the past 5 years at a rate of 10.5% per year.
Accelerating Growth: Unable to compare X's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: X is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-2.3%).
Return on Equity
High ROE: X has a negative Return on Equity (-30.03%), as it is currently unprofitable.
Next Steps
Financial Health
How is United States Steel's financial position?
Financial Position Analysis
Short Term Liabilities: X's short term assets ($4.4B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: X's short term assets ($4.4B) do not cover its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: X's debt to equity ratio (123.9%) is considered high.
Reducing Debt: X's debt to equity ratio has reduced from 129.3% to 123.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: X has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if X has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is United States Steel current dividend yield, its reliability and sustainability?
0.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: X's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: X's dividend (0.24%) is low compared to the top 25% of dividend payers in the US market (3.72%).
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?
3.3yrs
Average management tenure
CEO
Dave Burritt (65 yo)
3.75yrs
Tenure
US$13,318,357
Compensation
Mr. David Boyd Burritt, also known as Dave, has been the Chief Executive Officer of United States Steel Corporation since May 8, 2017 and its President since February 28, 2017 and served as its Chief Opera...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD13.32M) is above average for companies of similar size in the US market ($USD4.97M).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.75yrs | US$13.32m | 0.10% $ 4.8m | |
| Senior VP & CFO | 1.25yrs | US$2.57m | 0.059% $ 2.8m | |
| Senior VP | 2.83yrs | US$2.97m | 0.0052% $ 243.9k | |
| Senior Vice President of European Solutions & President of U. S. Steel Košice | 6.17yrs | US$2.86m | 0.019% $ 906.8k | |
| VP, Controller & Chief Accounting Officer | 0.92yr | no data | 0.000090% $ 4.3k | |
| Chief Information Officer | 1.75yrs | no data | no data | |
| General Vice President of Investor Relations and Corporate FP&A | no data | no data | no data | |
| Manager of Corporate Communications | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.67yrs | no data | 0.027% $ 1.3m | |
| Managing Director of Balkan | no data | no data | no data | |
| Managing Director of Manufacturing Excellence | 10yrs | no data | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Management: X's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.75yrs | US$13.32m | 0.10% $ 4.8m | |
| Independent Director | 1.83yrs | US$188.54k | 0.00074% $ 35.0k | |
| Independent Director | 9.83yrs | US$265.00k | 0.00074% $ 35.0k | |
| Independent Director | 8.58yrs | US$285.00k | 0.051% $ 2.4m | |
| Independent Director | 10.83yrs | US$285.00k | 0.00074% $ 35.0k | |
| Independent Chairman of the Board | 7.08yrs | US$365.00k | 0.0045% $ 212.7k | |
| Independent Director | 6.08yrs | US$265.00k | 0.00037% $ 17.5k | |
| Independent Director | 4.83yrs | US$265.00k | 0.0031% $ 144.2k | |
| Director | 1.58yrs | US$123.49k | 0.00093% $ 44.0k | |
| Independent Director | 3.58yrs | US$265.00k | 0.00074% $ 35.0k | |
| Independent Director | 4.92yrs | US$265.00k | no data | |
| Independent Director | 13.83yrs | US$285.00k | 0.00062% $ 29.3k |
5.5yrs
Average Tenure
65.5yo
Average Age
Experienced Board: X's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: X 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 substantially diluted in the past year, with total shares outstanding growing by 58.1%.
Top Shareholders
Company Information
United States Steel Corporation's company bio, 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$4.728b
- Shares outstanding: 268.77m
- Website: https://www.ussteel.com
Number of Employees
Location
- United States Steel Corporation
- 600 Grant Street
- Pittsburgh
- Pennsylvania
- 15219-2800
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| X | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1991 |
| USX1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 1991 |
| X * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Apr 1991 |
| USX1 | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Apr 1991 |
| X | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Apr 1991 |
| 0LJ9 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 1991 |
| X | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REP 1/3 ORD | AR | ARS | Feb 2011 | |
| USSX34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EA REPR 1 COM SHS USD1 | BR | BRL | Aug 2012 |
Biography
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)...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 23:09 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.