Total Asset Turnover
since 2005
Calculation
United States Steel Corp., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net sales1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2022 | 1.08 | = | 21,065) | ÷ | 19,458) |
| Dec 31, 2021 | 1.14 | = | 20,275) | ÷ | 17,816) |
| Dec 31, 2020 | 0.81 | = | 9,741) | ÷ | 12,059) |
| Dec 31, 2019 | 1.11 | = | 12,937) | ÷ | 11,608) |
| Dec 31, 2018 | 1.29 | = | 14,178) | ÷ | 10,982) |
| Dec 31, 2017 | 1.24 | = | 12,250) | ÷ | 9,862) |
| Dec 31, 2016 | 1.12 | = | 10,261) | ÷ | 9,160) |
| Dec 31, 2015 | 1.26 | = | 11,574) | ÷ | 9,190) |
| Dec 31, 2014 | 1.42 | = | 17,507) | ÷ | 12,314) |
| Dec 31, 2013 | 1.33 | = | 17,424) | ÷ | 13,143) |
| Dec 31, 2012 | 1.27 | = | 19,328) | ÷ | 15,217) |
| Dec 31, 2011 | 1.24 | = | 19,884) | ÷ | 16,073) |
| Dec 31, 2010 | 1.13 | = | 17,374) | ÷ | 15,350) |
| Dec 31, 2009 | 0.72 | = | 11,048) | ÷ | 15,422) |
| Dec 31, 2008 | 1.48 | = | 23,754) | ÷ | 16,087) |
| Dec 31, 2007 | 1.08 | = | 16,873) | ÷ | 15,632) |
| Dec 31, 2006 | 1.48 | = | 15,715) | ÷ | 10,586) |
| Dec 31, 2005 | 1.43 | = | 14,039) | ÷ | 9,822) |
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., total asset turnover, long-term trends, comparison to competitors
| United States Steel Corp. | Freeport-McMoRan Inc. | Newmont Corp. | |
|---|---|---|---|
| Dec 31, 2022 | 1.08 | 0.45 | 0.31 |
| Dec 31, 2021 | 1.14 | 0.48 | 0.30 |
| Dec 31, 2020 | 0.81 | 0.34 | 0.28 |
| Dec 31, 2019 | 1.11 | 0.35 | 0.24 |
| Dec 31, 2018 | 1.29 | 0.44 | 0.35 |
| Dec 31, 2017 | 1.24 | 0.44 | 0.36 |
| Dec 31, 2016 | 1.12 | 0.40 | 0.32 |
| Dec 31, 2015 | 1.26 | 0.34 | 0.31 |
| Dec 31, 2014 | 1.42 | 0.36 | 0.29 |
| Dec 31, 2013 | 1.33 | 0.33 | 0.34 |
| Dec 31, 2012 | 1.27 | 0.51 | 0.33 |
| Dec 31, 2011 | 1.24 | 0.65 | 0.38 |
| Dec 31, 2010 | 1.13 | 0.65 | 0.37 |
| Dec 31, 2009 | 0.72 | 0.58 | 0.35 |
| Dec 31, 2008 | 1.48 | 0.76 | 0.39 |
| Dec 31, 2007 | 1.08 | 0.42 | 0.35 |
| Dec 31, 2006 | 1.48 | 1.07 | 0.32 |
| Dec 31, 2005 | 1.43 | 0.75 | 0.31 |
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).
Comparison to Sector (Metals & Mining)
United States Steel Corp., total asset turnover, long-term trends, comparison to sector (metals & mining)
| United States Steel Corp. | Metals & Mining | |
|---|---|---|
| Dec 31, 2022 | 1.08 | 0.39 |
| Dec 31, 2021 | 1.14 | 0.40 |
| Dec 31, 2020 | 0.81 | 0.31 |
| Dec 31, 2019 | 1.11 | 0.30 |
| Dec 31, 2018 | 1.29 | 0.41 |
| Dec 31, 2017 | 1.24 | 0.41 |
| Dec 31, 2016 | 1.12 | 0.37 |
| Dec 31, 2015 | 1.26 | 0.33 |
| Dec 31, 2014 | 1.42 | 0.34 |
| Dec 31, 2013 | 1.33 | 0.33 |
| Dec 31, 2012 | 1.27 | 0.43 |
| Dec 31, 2011 | 1.24 | 0.52 |
| Dec 31, 2010 | 1.13 | 0.52 |
| Dec 31, 2009 | 0.72 | 0.47 |
| Dec 31, 2008 | 1.48 | 0.61 |
| Dec 31, 2007 | 1.08 | 0.40 |
| Dec 31, 2006 | 1.48 | 0.51 |
| Dec 31, 2005 | 1.43 | 0.44 |
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).
Comparison to Industry (Materials)
United States Steel Corp., total asset turnover, long-term trends, comparison to industry (materials)
| United States Steel Corp. | Materials | |
|---|---|---|
| Dec 31, 2022 | 1.08 | 0.40 |
| Dec 31, 2021 | 1.14 | 0.39 |
| Dec 31, 2020 | 0.81 | 0.31 |
| Dec 31, 2019 | 1.11 | 0.31 |
| Dec 31, 2018 | 1.29 | 0.26 |
| Dec 31, 2017 | 1.24 | 0.45 |
| Dec 31, 2016 | 1.12 | 0.41 |
| Dec 31, 2015 | 1.26 | 0.38 |
| Dec 31, 2014 | 1.42 | 0.40 |
| Dec 31, 2013 | 1.33 | 0.38 |
| Dec 31, 2012 | 1.27 | 0.47 |
| Dec 31, 2011 | 1.24 | 0.56 |
| Dec 31, 2010 | 1.13 | 0.55 |
| Dec 31, 2009 | 0.72 | 0.51 |
| Dec 31, 2008 | 1.48 | 0.67 |
| Dec 31, 2007 | 1.08 | 0.46 |
| Dec 31, 2006 | 1.48 | 0.60 |
| Dec 31, 2005 | 1.43 | 0.54 |
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).