Financial insights of X

MyFinsight

For the quarter ending 2025-03-31, X made $3,727M in revenue. -$116M in net income. Net profit margin of -3.11%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-03-31	2024-09-30	2024-06-30
Total (note 6)	3,727	3,853	4,118
Asset impairment charges	-	-	12
Earnings from investees	3	17	45
Depreciation, depletion and amortization	249	235	217
Selling, general and administrative expenses	120	104	105
Restructuring and other charges (note 20)	1	5	-
Other (gains) losses, net	10	-30	-19
Cost of sales	3,493	3,448	3,629
Total	3,849	3,805	3,937
(loss) earnings before interest and income taxes	-122	48	181
Net periodic benefit income	-4	-33	-33
Net gain from investments related to active employee benefits (note 16)	7	9	8
Other financial costs	-1	1	-5
Loss on debt extinguishment	-	-	-1
Interest income	10	23	25
Interest expense	45	5	2
Net interest and other financial costs (income)	-25	61	58
(loss) earnings before income taxes	-147	109	239
Income tax (benefit) expense (note 12)	-31	-10	56
Net (loss) earnings	-116	119	183
Net (loss) earnings attributable to united states steel corporation	-116	119	183

Basic eps	-0.52	0.53	0.82
Diluted eps	-0.52	0.48	0.72
Diluted average shares	225,645,000	254,060,000	254,248,000