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United States Steel (United States Steel) Pre-Tax Income : $1,047 Mil (TTM As of Dec. 2023)


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What is United States Steel Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. United States Steel's pretax income for the three months ended in Dec. 2023 was $-165 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,047 Mil. United States Steel's pretax margin was -3.98%.

During the past 13 years, United States Steel's highest Pretax Margin was 21.43%. The lowest was -13.42%. And the median was 1.72%.


United States Steel Pre-Tax Income Historical Data

The historical data trend for United States Steel's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

United States Steel Pre-Tax Income Chart

United States Steel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -452.00 -1,307.00 4,344.00 3,259.00 1,047.00

United States Steel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.00 250.00 621.00 341.00 -165.00

Competitive Comparison of United States Steel's Pre-Tax Income

For the Steel subindustry, United States Steel's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United States Steel's Pre-Tax Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, United States Steel's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where United States Steel's Pre-Tax Income falls into.



United States Steel Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

United States Steel's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=849+152+-72+141+-23
=1,047

United States Steel's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-130+-60+-9+38+-4
=-165

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,047 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United States Steel  (NYSE:X) Pre-Tax Income Explanation

United States Steel's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-165/4144
=-3.98%

During the past 13 years, United States Steel's highest Pretax Margin was 21.43%. The lowest was -13.42%. And the median was 1.72%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


United States Steel Pre-Tax Income Related Terms

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United States Steel (United States Steel) Business Description

Address
600 Grant Street, Pittsburgh, PA, USA, 15219-2800
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Executives
Daniel R Brown officer: SVP Adv. Tech. Steelmaking 600 GRANT STREET, SUITE 1844, C/O UNITED STATES STEEL CORPORATION, PITTSBURGH PA 15219
David B Burritt officer: Exec. VP and CFO 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219
Scott D Buckiso officer: VP Euro Solutions & Pres USSK 600 GRANT STREET, PITTSBURGH PA 15219
Kenneth E Jaycox officer: SVP & Chief Comm. Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
James E. Bruno officer: Sr VP, Automotive Solutions 600 GRANT STREET, PITTSBURGH PA 15219
Duane D Holloway officer: SVP, GC, CCO & Corp. Sec C/O UNITED STATES STEEL CORPORATION, 600 GRANT STREET, PITTSBURGH PA 15219
Alicia J. Davis director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Andrea J. Ayers director STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Richard Fruehauf officer: Deputy Gen Counsel - Corporate 600 GRANT STREET, PITTSBURGH PA 15219
Jessica Graziano officer: SVP & Chief Financial Officer C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Manpreet Grewal officer: VP, Controller & CAO 600 GRANT STREET, PITTSBURGH PA 15219
Christine S Breves officer: VP & Supply Chain Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177