Operating Profit Margin
since 2005
Calculation
United States Steel Corp., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Earnings (loss) before interest and income taxes1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 15.00% | = | 100 | × | 3,160) | ÷ | 21,065) |
| Dec 31, 2021 | 24.39% | = | 100 | × | 4,946) | ÷ | 20,275) |
| Dec 31, 2020 | -11.04% | = | 100 | × | (1,075) | ÷ | 9,741) |
| Dec 31, 2019 | -1.78% | = | 100 | × | (230) | ÷ | 12,937) |
| Dec 31, 2018 | 7.93% | = | 100 | × | 1,124) | ÷ | 14,178) |
| Dec 31, 2017 | 4.96% | = | 100 | × | 608) | ÷ | 12,250) |
| Dec 31, 2016 | -1.61% | = | 100 | × | (165) | ÷ | 10,261) |
| Dec 31, 2015 | -10.39% | = | 100 | × | (1,202) | ÷ | 11,574) |
| Dec 31, 2014 | 2.36% | = | 100 | × | 413) | ÷ | 17,507) |
| Dec 31, 2013 | -10.90% | = | 100 | × | (1,900) | ÷ | 17,424) |
| Dec 31, 2012 | 1.28% | = | 100 | × | 247) | ÷ | 19,328) |
| Dec 31, 2011 | 1.33% | = | 100 | × | 265) | ÷ | 19,884) |
| Dec 31, 2010 | -0.64% | = | 100 | × | (111) | ÷ | 17,374) |
| Dec 31, 2009 | -15.24% | = | 100 | × | (1,684) | ÷ | 11,048) |
| Dec 31, 2008 | 12.92% | = | 100 | × | 3,069) | ÷ | 23,754) |
| Dec 31, 2007 | 7.19% | = | 100 | × | 1,213) | ÷ | 16,873) |
| Dec 31, 2006 | 11.36% | = | 100 | × | 1,785) | ÷ | 15,715) |
| Dec 31, 2005 | 10.25% | = | 100 | × | 1,439) | ÷ | 14,039) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
United States Steel Corp., operating profit margin, long-term trends, comparison to competitors
| United States Steel Corp. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2022 | 15.00% | 30.89% |
| Dec 31, 2021 | 24.39% | 36.62% |
| Dec 31, 2020 | -11.04% | 17.16% |
| Dec 31, 2019 | -1.78% | 7.58% |
| Dec 31, 2018 | 7.93% | 25.52% |
| Dec 31, 2017 | 4.96% | 22.15% |
| Dec 31, 2016 | -1.61% | -18.83% |
| Dec 31, 2015 | -10.39% | -84.29% |
| Dec 31, 2014 | 2.36% | 0.45% |
| Dec 31, 2013 | -10.90% | 25.58% |
| Dec 31, 2012 | 1.28% | 32.28% |
| Dec 31, 2011 | 1.33% | 43.77% |
| Dec 31, 2010 | -0.64% | 47.77% |
| Dec 31, 2009 | -15.24% | 43.24% |
| Dec 31, 2008 | 12.92% | -71.42% |
| Dec 31, 2007 | 7.19% | 38.70% |
| Dec 31, 2006 | 11.36% | 49.54% |
| Dec 31, 2005 | 10.25% | 52.10% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).