United Historical Income Statement
| X Stock | USD 37.94 0.90 2.32% |
Historical analysis of United States income statement accounts such as Depreciation And Amortization of 532.8 M or Interest Expense of 132.1 M can show how well United States Steel performed in making a profits. Evaluating United States income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of United States's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining United States Steel latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether United States Steel is a good buy for the upcoming year.
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About United Income Statement Analysis
United States Steel Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to United States shareholders. The income statement also shows United investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
United States Income Statement Chart
United States Steel Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United States Steel revenue and expense. United States Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, United States' Interest Expense is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 880.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 532.8 M in 2024. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of United States Steel minus its cost of goods sold. It is profit before United States operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from United States Steel operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of United States Steel is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from United States' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into United States Steel current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, United States' Interest Expense is fairly stable compared to the past year. Total Operating Expenses is likely to rise to about 880.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 532.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.7B | 4.3B | 235M | 223.3M | Total Revenue | 20.3B | 21.1B | 16.0B | 13.0B |
United States income statement Correlations
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United States Account Relationship Matchups
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United States income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 521M | 616M | 643M | 791M | 916M | 532.8M | |
| Interest Expense | 142M | 232M | 313M | 159M | 72M | 132.1M | |
| Total Revenue | 12.9B | 9.7B | 20.3B | 21.1B | 16.0B | 13.0B | |
| Gross Profit | 855M | 183M | 5.7B | 4.3B | 235M | 223.3M | |
| Other Operating Expenses | 13.0B | 10.5B | 15.7B | 18.0B | 16.3B | 12.5B | |
| Operating Income | 239M | (823M) | 4.4B | 3.3B | (266M) | (252.7M) | |
| Ebit | 239M | (823M) | 4.4B | 3.3B | 1.1B | 743.7M | |
| Ebitda | 855M | (180M) | 5.2B | 4.1B | 2.0B | 1.3B | |
| Cost Of Revenue | 12.1B | 9.6B | 14.5B | 16.8B | 15.8B | 11.6B | |
| Total Operating Expenses | 890M | 917M | 1.2B | 1.2B | 501M | 880.4M | |
| Income Before Tax | (452M) | (1.3B) | 4.3B | 3.3B | 1.0B | 1.1B | |
| Total Other Income Expense Net | (691M) | (484M) | (97M) | (50M) | 1.3B | 1.4B | |
| Net Income | (642M) | (1.2B) | 4.2B | 2.5B | 895M | 939.8M | |
| Income Tax Expense | 190M | (142M) | 170M | 735M | 152M | 79.2M | |
| Selling General Administrative | 289M | 274M | 426M | 179M | 501M | 388.3M | |
| Net Income Applicable To Common Shares | (630M) | (1.2B) | 4.2B | 2.5B | 2.9B | 3.0B | |
| Net Income From Continuing Ops | (630M) | (1.2B) | 4.2B | 2.5B | 895M | 939.8M | |
| Non Recurring | 274M | 252M | 394M | 199M | 179.1M | 229.8M | |
| Tax Provision | 178M | (142M) | 170M | 735M | 152M | 111.3M | |
| Net Interest Income | (148M) | (232M) | (602M) | 99M | 46M | 48.3M | |
| Reconciled Depreciation | 521M | 616M | 643M | 791M | 916M | 751.0M |
United States Investors Sentiment
The influence of United States' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in United. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to United States' public news can be used to forecast risks associated with an investment in United. The trend in average sentiment can be used to explain how an investor holding United can time the market purely based on public headlines and social activities around United States Steel. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
United States' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for United States' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average United States' news discussions. The higher the estimated score, the more favorable is the investor's outlook on United States.
United States Implied Volatility | 49.42 |
United States' implied volatility exposes the market's sentiment of United States Steel stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if United States' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that United States stock will not fluctuate a lot when United States' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United States in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United States' short interest history, or implied volatility extrapolated from United States options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for United Stock analysis
When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.
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Is United States' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United States. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 0.2 | Earnings Share 3.56 | Revenue Per Share 80.321 | Quarterly Revenue Growth (0.04) |
The market value of United States Steel is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United States' market value can be influenced by many factors that don't directly affect United States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.