United Return On Equity from 2010 to 2024

X Stock  USD 40.77  0.32  0.79%   
United States Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of United States Steel in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08101747
Current Value
0.0851
Quarterly Volatility
0.31177567
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 532.8 M or Interest Expense of 136.9 M, as well as many indicators such as Price To Sales Ratio of 0.4 or Dividend Yield of 0.0026. United financial statements analysis is a perfect complement when working with United States Valuation or Volatility modules.
  
Check out the analysis of United States Correlation against competitors.

Latest United States' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of United States Steel over the last few years. Return on Equity is the amount of United States Steel net income returned as a percentage of United States equity. Return on equity measures United States profitability by revealing how much profit United States Steel generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. United States' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United States' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.034510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

United Return On Equity Regression Statistics

Arithmetic Mean(0.04)
Coefficient Of Variation(812.16)
Mean Deviation0.23
Median0.03
Standard Deviation0.31
Sample Variance0.1
Range1.1563
R-Value0.34
Mean Square Error0.09
R-Squared0.11
Significance0.22
Slope0.02
Total Sum of Squares1.36

United Return On Equity History

2024 0.0851
2023 0.081
2022 0.25
2021 0.46
2020 -0.31
2019 -0.16
2018 0.27

About United States Financial Statements

United States investors use historical fundamental indicators, such as United States' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in United States. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.08  0.09 

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Additional Tools for United Stock Analysis

When running United States' price analysis, check to measure United States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United States is operating at the current time. Most of United States' value examination focuses on studying past and present price action to predict the probability of United States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United States' price. Additionally, you may evaluate how the addition of United States to your portfolios can decrease your overall portfolio volatility.