United States Steel's GAAP net income for 3 months of 2022 was $882 million, up 9.69 times from $91 million in the previous year. Revenue increased 42.8% to $5.234 billion from $3.664 billion a year earlier.

The United States Steel Board of Directors announced a quarterly dividend of $0.05 per share. The last day to buy securities to receive the dividend is May 5, 2022. The annual dividend yield may reach 0.62%.

United States Steel began construction of an advanced next-generation steel plant in Arkansas. The facility will include two 3 million tpa electric arc furnaces, a state-of-the-art endless-casting and rolling line, and advanced finishing capabilities. The investment in the project will total $3 billion. The plant is expected to be operational by 2024.

United States Steel's GAAP net income for 2021 was $4.174 billion, compared to a loss of $1.165 billion in the previous year. Revenue increased 2.1 times to $20.275 billion from $9.741 billion a year earlier.