5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
United States Steel's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was -9.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for United States Steel's 5-Year ROIIC % or its related term are showing as below:
X's 5-Year ROIIC % is ranked worse than 74.92% of 598
companies
in the Steel industry
Industry Median: 4.85
vs X: -9.77
United States Steel 5-Year ROIIC % Historical Data
The historical data trend for United States Steel's 5-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of United States Steel's 5-Year ROIIC %
For the Steel subindustry, United States Steel's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
United States Steel's 5-Year ROIIC % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, United States Steel's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where United States Steel's 5-Year ROIIC % falls into.
United States Steel 5-Year ROIIC % Calculation
United States Steel's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( 725.7252 (Dec. 2023) - 1399.2908 (Dec. 2018) )
/
( 13741 (Dec. 2023) - 6850 (Dec. 2018) )
=
-673.5656
/
6891
=
-9.77%***
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
United States Steel (NYSE:X) 5-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
United States Steel 5-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of United States Steel's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
United States Steel (United States Steel) Business Description
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
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