U. S. Steel’s Management Team and Board of Directors Have Transformed the Business
Created the Modern, Innovative Steelmaker U. S. Steel is Today
Diversified Steelmaker
From 0% electric arc furnace to 38% in 5 years
Best-In-Class Investments
Deployed nearly $5 billion strategic capex
Optimized Legacy Footprint
Sold non-core assets, including $640 million for transtar
Advanced Technological Capabilities
Enhancements delivered extraordinary safety, quality and cost improvement
Increased Capital Returns
$1.6 billion returned to stockholders
Stockholder Value Driven by Strategic Transformation
1-, 3- and 5-year TSR above peers since launch of technology transformation
Superior Financial and Operational Performance
2019: | 2024: |
---|---|
$12.9B revenue | $15.6B revenue |
4.1x net leverage | 2.1x net leverage |
~$111 per share stock price target | ~$422 per share stock price target |
1 Mean research target price as of the end of 2019. Based on 11 sell-side research estimates.
2Mean research target price as of March 1, 2025. Based on seven sell-side research estimates.
2Mean research target price as of March 1, 2025. Based on seven sell-side research estimates.
Foundation for Success
Unmatched safety and support for non-represented and represented employees
0.06
Industry-leading OSHA days away from work rate
16 consecutive quarters of
Profit Sharing
for our USW-represented employees through 2024
Recognized as one of the
World’s Most Ethical Companies
for the fourth year in a row by Ethisphere(TM)
Under 5%
[Voluntary attrition rate since 2020]
Military Times’ 2024
Best for Vets
Employers
Employers
List
$4.4M+ in financial assistance
through scholarships to 500+ children of U.S. employees
“We want a future that is strong, and we want to stay in Pennsylvania making steel. Working with Nippon [Steel] is the best way to do that.”
Andy Macy
USW Local 1557, Mon Valley – Clairton Plant, 43 years at U. S. Steel


“What we have in front of us right now seems like a fantastic opportunity, not only for my family, but decades to come. I want [...] folks to be able to retire from this company, and we feel that the investment from Nippon [Steel] will give them, their children [and] their grandchildren the capability for a lot of families to have.”
Jack Maskil
President, USW Local 2227, Mon Valley Works – Irvin Plant, 27 years at U. S. Steel