Enterprise Value (EV)
Paying user area
Try for free
United States Steel Corp. pages available for free this week:
- Income Statement
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Income Statement
- Common-Size Balance Sheet: Assets
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Present Value of Free Cash Flow to Equity (FCFE)
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to United States Steel Corp. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Current Enterprise Value (EV)
United States Steel Corp., current enterprise value calculation
| Current share price (P) | |
| No. shares of common stock outstanding | |
| US$ in millions | |
| Common equity (market value)1 | |
| Add: Noncontrolling interests (per books) | |
| Total equity | |
| Add: Short-term debt and current maturities of long-term debt (per books) | |
| Add: Long-term debt, less unamortized discount and debt issuance costs, excluding current maturities (per books) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Enterprise value (EV) | |
Based on: 10-K (reporting date: 2022-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
United States Steel Corp., EV calculation
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of United States Steel Corp. Annual Report.
3 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
- Common Equity (Market Value)
-
The common equity market value experienced a significant decline from 2018 to 2019, dropping from $3,970 million to $1,495 million. This was followed by a sharp recovery and upward trend over the next three years, rising to $4,331 million in 2020, $6,179 million in 2021, and reaching $6,809 million in 2022.
- Total Equity
-
Total equity mirrored the pattern observed in common equity, decreasing markedly from $3,971 million in 2018 to $1,496 million in 2019. Subsequently, it rebounded to $4,424 million in 2020 and showed continued growth through 2021 and 2022, ending at $6,902 million. The close alignment between total equity and common equity values suggests that the equity structure largely comprises common equity over the period.
- Total Equity and Debt
-
This combined measure showed a fluctuating but generally upward trajectory. Starting at $6,352 million in 2018, it decreased to $5,137 million in 2019, before increasing substantially in 2020 to $9,311 million. Growth continued to $10,163 million in 2021 and $10,879 million in 2022. The sharp increase in 2020 may indicate increased borrowing or debt issuance alongside equity changes.
- Enterprise Value (EV)
-
Enterprise value declined from $5,352 million in 2018 to $4,388 million in 2019, reflecting the broader decreases in equity and total capitalization. It then rose to $7,326 million in 2020, maintained a relatively stable level at $7,641 million in 2021, before slightly decreasing to $7,375 million in 2022. The relative stability of EV in 2021 and 2022, despite increases in equity and total capitalization, may reflect changes in market perceptions or capital structure.