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U.S. Steel Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies43
  • 7D1.8%
  • 3M-0.9%
  • 1Y28.1%
  • YTDn/a

In the last week, the Steel industry is up 1.8%, with Carpenter Technology leading the way, up 20%. This means that the industry has gained 28% over the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the U.S. Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024US$146.8bUS$173.5bUS$13.2b11.8x11.1x0.8x
Fri, 05 Apr 2024US$160.8bUS$174.7bUS$14.0b11.9x11.5x0.9x
Sun, 03 Mar 2024US$155.4bUS$174.9bUS$14.1b12.5x11x0.9x
Tue, 30 Jan 2024US$146.3bUS$175.0bUS$14.6b14x10x0.8x
Thu, 28 Dec 2023US$151.1bUS$175.8bUS$14.9b13.5x10.2x0.9x
Sat, 25 Nov 2023US$135.1bUS$177.0bUS$15.0b13.8x9x0.8x
Mon, 23 Oct 2023US$122.5bUS$179.7bUS$17.0b8.4x7.2x0.7x
Wed, 20 Sep 2023US$132.7bUS$181.4bUS$17.4b8.9x7.6x0.7x
Fri, 18 Aug 2023US$136.0bUS$181.3bUS$17.4b8.7x7.8x0.8x
Sun, 16 Jul 2023US$134.4bUS$186.0bUS$20.1b9.1x6.7x0.7x
Tue, 13 Jun 2023US$122.3bUS$186.7bUS$20.4b9.2x6x0.7x
Thu, 11 May 2023US$116.2bUS$186.6bUS$20.4b8.5x5.7x0.6x
Sat, 08 Apr 2023US$122.1bUS$191.8bUS$24.2b6.7x5x0.6x
Mon, 06 Mar 2023US$147.2bUS$192.0bUS$24.5b7.2x6x0.8x
Wed, 01 Feb 2023US$136.3bUS$195.2bUS$27.9b5.5x4.9x0.7x
Fri, 30 Dec 2022US$113.4bUS$196.9bUS$29.3b4x3.9x0.6x
Sun, 27 Nov 2022US$119.5bUS$197.0bUS$29.4b4.5x4.1x0.6x
Tue, 25 Oct 2022US$111.7bUS$197.2bUS$33.0b4.1x3.4x0.6x
Thu, 22 Sep 2022US$98.1bUS$195.7bUS$33.5b4.1x2.9x0.5x
Sat, 20 Aug 2022US$113.6bUS$195.8bUS$33.5b4.7x3.4x0.6x
Mon, 18 Jul 2022US$97.4bUS$183.8bUS$30.8b4.3x3.2x0.5x
Wed, 15 Jun 2022US$104.1bUS$182.2bUS$30.6b5x3.4x0.6x
Fri, 13 May 2022US$112.5bUS$182.0bUS$30.5b4.4x3.7x0.6x
Sun, 10 Apr 2022US$134.0bUS$168.2bUS$25.9b5.9x5.2x0.8x
Tue, 08 Mar 2022US$124.2bUS$166.0bUS$25.2b5.7x4.9x0.7x
Thu, 03 Feb 2022US$100.6bUS$157.3bUS$22.2b6.5x4.5x0.6x
Sat, 01 Jan 2022US$104.3bUS$145.4bUS$18.1b6.6x5.8x0.7x
Mon, 29 Nov 2021US$102.9bUS$144.6bUS$17.9b6.8x5.8x0.7x
Wed, 27 Oct 2021US$107.8bUS$134.5bUS$13.3b7.7x8.1x0.8x
Fri, 24 Sep 2021US$95.0bUS$118.8bUS$9.3b9.6x10.2x0.8x
Sun, 22 Aug 2021US$108.0bUS$120.5bUS$9.2b10.9x11.7x0.9x
Fri, 09 Jul 2021US$98.4bUS$116.1bUS$7.9b11x12.5x0.8x
Price to Earnings Ratio

37.5x


Total Market Cap: US$101.9bTotal Earnings: US$2.7bTotal Revenue: US$101.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Steel Industry Price to Earnings3Y Average 7.6x202220232024
Current Industry PE
  • Investors are optimistic on the American Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.1x which is higher than its 3-year average PE of 7.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 69% per year over the last three years.
  • Revenues for these companies have grown 20% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Steel compare with similar industries?

US Market3.31%
Materials3.06%
Metals and Mining1.91%
Steel1.82%
Silver6.27%
Aluminum5.23%
Gold2.71%
Diversified Metals and Mining2.57%
Copper1.07%
Precious Metals and Minerals0.77%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CRS Carpenter TechnologyUS$102.5419.6%
+US$852.2m		100.7%PE38.8x
NUE NucorUS$171.791.9%
+US$782.3m		22.6%PE9.8x
RS RelianceUS$295.363.7%
+US$611.2m		21.5%PE13.5x
STLD Steel DynamicsUS$132.712.0%
+US$409.1m		36.1%PE8.7x
X United States SteelUS$38.134.5%
+US$367.7m		76.6%PE9.9x
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Latest News

CRS

US$102.54

Carpenter Technology

7D

19.6%

1Y

100.7%

Shareholders Will Be Pleased With The Quality of Carpenter Technology's (NYSE:CRS) Earnings

May 08
Shareholders Will Be Pleased With The Quality of Carpenter Technology's (NYSE:CRS) Earnings

WS

US$32.56

Worthington Steel

7D

5.7%

1Y

n/a

RYI

US$22.50

Ryerson Holding

7D

-21.2%

1Y

-35.3%

Ryerson Holding (NYSE:RYI) Has Affirmed Its Dividend Of $0.1875

May 07
Ryerson Holding (NYSE:RYI) Has Affirmed Its Dividend Of $0.1875

AMR

US$304.57

Alpha Metallurgical Resources

7D

-6.9%

1Y

90.5%

ZEUS

US$53.13

Olympic Steel

7D

-16.4%

1Y

21.6%

X

US$38.13

United States Steel

7D

4.5%

1Y

76.6%

RS

US$295.36

Reliance

7D

3.7%

1Y

21.5%

SXC

US$10.23

SunCoke Energy

7D

-0.8%

1Y

29.5%

TX

US$40.44

Ternium

7D

-3.9%

1Y

4.2%

Ternium: Expected Margin Contraction Makes Me Avoid This Stock Despite A Cheap Valuation

May 04

NUE

US$171.79

Nucor

7D

1.9%

1Y

22.6%

Nucor Corporation's (NYSE:NUE) CEO Compensation Is Looking A Bit Stretched At The Moment

May 03
Nucor Corporation's (NYSE:NUE) CEO Compensation Is Looking A Bit Stretched At The Moment

HCC

US$66.08

Warrior Met Coal

7D

-3.3%

1Y

67.8%

CLF

US$17.31

Cleveland-Cliffs

7D

2.4%

1Y

15.1%

STLD

US$132.71

Steel Dynamics

7D

2.0%

1Y

36.1%

SRL

US$6.00

Scully Royalty

7D

-8.7%

1Y

-22.6%

CMC

US$56.27

Commercial Metals

7D

4.7%

1Y

26.9%

HAYN

US$59.48

Haynes International

7D

-1.1%

1Y

29.4%