United States Steel Corporation's Income Statement Analysis: Revenue to Profit Breakdown
United States Steel Corporation's Income Statement Analysis: Revenue to Profit Breakdown
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FY20
Dec 31, 2020
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$9.74 B | $20.28 B | $21.07 B | $18.05 B | $15.64 B | $15.19 B |
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Cost of Revenue Direct cost of goods/services. |
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$9.56 B | $14.53 B | $16.78 B | $15.80 B | $14.06 B | $14.04 B |
Gross Profit Revenue minus cost of revenue. |
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$183.00 M | $5.74 B | $4.29 B | $2.25 B | $1.58 B | $1.15 B |
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Operating Expense
Costs to run business. |
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$917.00 M | $1.19 B | $1.18 B | $2.25 B | $1.34 B | $959.00 M |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$274.00 M | $426.00 M | $422.00 M | $501.00 M | $435.00 M | $436.00 M |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$643.00 M | $763.00 M | $756.00 M | - | $905.00 M | $523.00 M |
Operating Income Profit from operations. |
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-$823.00 M | $4.44 B | $3.31 B | $1.90 B | $240.00 M | -$358.00 M |
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Net Interest Income
Interest income minus expense. |
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-$273.00 M | -$309.00 M | -$115.00 M | $69.00 M | $72.00 M | -$1.00 M |
Interest Income Income from investments. |
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$7.00 M | $4.00 M | $44.00 M | $141.00 M | $96.00 M | $66.00 M |
Interest Expense Cost of borrowing. |
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$280.00 M | $313.00 M | $159.00 M | $72.00 M | $24.00 M | $67.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$40.00 M | $704.00 M | $694.00 M | $784.00 M | -$222.00 M | -$276.00 M |
Total Other Income (Net) Net non-operating items. |
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-$240.00 M | -$1.02 B | -$853.00 M | -$856.00 M | $198.00 M | $420.00 M |
Income Before Tax Profit before taxes. |
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-$1.31 B | $4.34 B | $3.26 B | $1.05 B | $438.00 M | $82.00 M |
Income Tax Expense Taxes on income. |
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-$142.00 M | $170.00 M | $735.00 M | $152.00 M | $54.00 M | -$15.00 M |
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Net Income
Final profit. |
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-$1.17 B | $4.17 B | $2.52 B | $895.00 M | $384.00 M | $97.00 M |
Net Income From Continuing Operations Profit from core business. |
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-$1.17 B | $4.17 B | $2.52 B | $895.00 M | $384.00 M | $97.00 M |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | -$13.00 M | -$13.00 M | -$13.00 M | -$3.00 M |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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-$5.92 | $15.77 | $10.22 | $4.04 | $1.71 | $0.44 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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-$5.92 | $14.88 | $9.16 | $3.56 | $1.56 | $0.29 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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196.72 M | 264.67 M | 246.99 M | 224.76 M | 224.82 M | 225.65 M |
Diluted Average Shares Outst. Shares including dilution. |
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196.72 M | 280.44 M | 276.96 M | 255.36 M | 254.00 M | 225.65 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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-$1.03 B | $4.66 B | $3.42 B | $1.12 B | $462.00 M | $149.00 M |
EBITDA Earnings before interest, tax, D&A. |
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-$384.00 M | $5.45 B | $4.21 B | $2.04 B | $1.38 B | $1.10 B |
Depreciation and Amortization Non-cash expense for assets. |
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$643.00 M | $791.00 M | $791.00 M | $916.00 M | $913.00 M | $952.00 M |
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United States Steel Corporation's Assets vs Liabilities & Equity
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