United States Steel Corp (X) - Net Assets
Based on the latest financial reports, United States Steel Corp (X) has net assets worth AR$11.33 Billion ARS (≈ $8.20 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$20.08 Billion ≈ $14.53 Million USD) and total liabilities (AR$8.75 Billion ≈ $6.33 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read X current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$11.33 Billion |
| % of Total Assets | 56.42% |
| Annual Growth Rate | 11.65% |
| 5-Year Change | 194.92% |
| 10-Year Change | 369.43% |
| Growth Volatility | 43.93 |
United States Steel Corp - Net Assets Trend (2014–2024)
This chart illustrates how United States Steel Corp's net assets have evolved over time, based on quarterly financial data. Also explore United States Steel Corp (X) total assets for the complete picture of this company's asset base.
Annual Net Assets for United States Steel Corp (2014–2024)
The table below shows the annual net assets of United States Steel Corp from 2014 to 2024. For live valuation and market cap data, see X company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$11.44 Billion ≈ $8.28 Million |
+2.69% |
| 2023-12-31 | AR$11.14 Billion ≈ $8.06 Million |
+8.04% |
| 2022-12-31 | AR$10.31 Billion ≈ $7.46 Million |
+13.27% |
| 2021-12-31 | AR$9.10 Billion ≈ $6.59 Million |
+134.67% |
| 2020-12-31 | AR$3.88 Billion ≈ $2.81 Million |
-5.23% |
| 2019-12-31 | AR$4.09 Billion ≈ $2.96 Million |
-2.62% |
| 2018-12-31 | AR$4.20 Billion ≈ $3.04 Million |
+26.56% |
| 2017-12-31 | AR$3.32 Billion ≈ $2.40 Million |
+45.98% |
| 2016-12-31 | AR$2.27 Billion ≈ $1.65 Million |
-6.65% |
| 2015-12-31 | AR$2.44 Billion ≈ $1.76 Million |
-35.87% |
| 2014-12-31 | AR$3.80 Billion ≈ $2.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to United States Steel Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 287.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$7.22 Billion | 63.62% |
| Other Components | AR$4.13 Billion | 36.38% |
| Total Equity | AR$11.35 Billion | 100.00% |
United States Steel Corp Competitors by Market Cap
The table below lists competitors of United States Steel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengdu Yunda Technology Co Ltd
SHE:300440
|
$1.18 Billion |
|
Dicker Data Ltd
AU:DDR
|
$1.18 Billion |
|
Jiangsu Tongguang Electronic Wire&Cable Co Ltd
SHE:300265
|
$1.18 Billion |
|
Delta Galil Industries Ltd
TA:DELT
|
$1.18 Billion |
|
Fras-le S.A
SA:FRAS3
|
$1.18 Billion |
|
KEDE Numerical Control Co Ltd
SHG:688305
|
$1.18 Billion |
|
DBV Technologies
NASDAQ:DBVT
|
$1.18 Billion |
|
Yangtze Optical Electronic Co. Ltd. A
SHG:688143
|
$1.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United States Steel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,047,000,000 to 11,347,000,000, a change of 300,000,000 (2.7%).
- Net income of 384,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$384.00 Million | +3.38% |
| Other Changes | AR$-84.00 Million | -0.74% |
| Total Change | AR$- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares United States Steel Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 427.66x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1137.35x to 427.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$18.95 | AR$21550.00 | x |
| 2018-12-31 | AR$24.08 | AR$21550.00 | x |
| 2019-12-31 | AR$24.06 | AR$21550.00 | x |
| 2020-12-31 | AR$17.18 | AR$21550.00 | x |
| 2021-12-31 | AR$33.34 | AR$21550.00 | x |
| 2022-12-31 | AR$44.74 | AR$21550.00 | x |
| 2023-12-31 | AR$49.39 | AR$21550.00 | x |
| 2024-12-31 | AR$50.39 | AR$21550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United States Steel Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.46%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.78x
- Recent ROE (3.38%) is above the historical average (-0.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.68% | 0.58% | 1.46x | 3.16x | AR$-277.90 Million |
| 2015 | -67.41% | -14.19% | 1.26x | 3.76x | AR$-1.89 Billion |
| 2016 | -19.35% | -4.29% | 1.12x | 4.03x | AR$-667.40 Million |
| 2017 | 11.66% | 3.16% | 1.24x | 2.97x | AR$55.00 Million |
| 2018 | 26.53% | 7.86% | 1.29x | 2.61x | AR$694.80 Million |
| 2019 | -15.40% | -4.87% | 1.11x | 2.84x | AR$-1.04 Billion |
| 2020 | -30.77% | -11.96% | 0.81x | 3.19x | AR$-1.54 Billion |
| 2021 | 46.33% | 20.59% | 1.14x | 1.98x | AR$3.27 Billion |
| 2022 | 24.70% | 11.98% | 1.08x | 1.90x | AR$1.50 Billion |
| 2023 | 8.10% | 4.96% | 0.88x | 1.85x | AR$-209.70 Million |
| 2024 | 3.38% | 2.46% | 0.77x | 1.78x | AR$-750.70 Million |
Industry Comparison
This section compares United States Steel Corp's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United States Steel Corp (X) | AR$11.33 Billion | 2.68% | 0.77x | $1.18 Billion |
| IRSA Propiedades Comerciales S.A (IRCP) | $78.01 Billion | -28.11% | 1.27x | $50.48 Million |
About United States Steel Corp
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore, pellets, pi… Read more