Steel Financial Statements From 2010 to 2024

STLD Stock  USD 129.92  4.24  3.16%   
Steel Dynamics financial statements provide useful quarterly and yearly information to potential Steel Dynamics investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Steel Dynamics financial statements helps investors assess Steel Dynamics' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Steel Dynamics' valuation are summarized below:
Gross Profit
6.1 B
Profit Margin
0.1304
Market Capitalization
21.2 B
Enterprise Value Revenue
1.2323
Revenue
18.8 B
There are over one hundred nineteen available fundamental trend indicators for Steel Dynamics, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Steel Dynamics' current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 7.4 B. The current year's Enterprise Value is expected to grow to about 5.8 B

Steel Dynamics Total Revenue

19.74 Billion

Check Steel Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steel main balance sheet or income statement drivers, such as Depreciation And Amortization of 459.7 M, Interest Expense of 84.4 M or Total Revenue of 19.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0156 or PTB Ratio of 2.42. Steel financial statements analysis is a perfect complement when working with Steel Dynamics Valuation or Volatility modules.
  
This module can also supplement Steel Dynamics' financial leverage analysis and stock options assessment as well as various Steel Dynamics Technical models . Check out the analysis of Steel Dynamics Correlation against competitors.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

Steel Dynamics Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.7 B15 B8.5 B
Slightly volatile
Short and Long Term Debt Total1.9 B3.2 B2.4 B
Slightly volatile
Other Current Liabilities795.3 M757.5 M432.7 M
Slightly volatile
Total Current Liabilities2.4 B2.3 B1.2 B
Slightly volatile
Total Stockholder Equity9.3 B8.9 B4.3 B
Slightly volatile
Property Plant And Equipment Net7.2 B6.9 B3.5 B
Slightly volatile
Net Debt1.4 B1.8 B1.6 B
Very volatile
Accounts Payable1.1 B1.1 B617.7 M
Slightly volatile
Cash1.5 B1.4 B902.3 M
Slightly volatile
Non Current Assets Total8.6 B8.2 B4.5 B
Slightly volatile
Cash And Short Term Investments2.2 B2.1 B1.1 B
Slightly volatile
Net Receivables1.7 B1.6 BB
Slightly volatile
Common Stock Shares Outstanding228 M167.4 M217.7 M
Pretty Stable
Liabilities And Stockholders Equity15.7 B15 B8.5 B
Slightly volatile
Non Current Liabilities Total2.2 B3.8 B2.9 B
Slightly volatile
InventoryB2.9 B1.8 B
Slightly volatile
Other Current Assets170.9 M162.8 M86.8 M
Slightly volatile
Total Liabilities6.5 B6.1 B4.2 B
Slightly volatile
Total Current Assets7.1 B6.8 BB
Slightly volatile
Short Term Debt505 M481 M150.3 M
Pretty Stable
Property Plant And Equipment Gross11.5 B10.9 B4.6 B
Slightly volatile
Common Stock Total Equity645.6 K746.4 K640.3 K
Slightly volatile
Common Stock651.2 K651 K634.4 K
Slightly volatile
Other Assets323.7 M308.3 M114.1 M
Slightly volatile
Long Term DebtB2.6 B2.4 B
Slightly volatile
Property Plant Equipment6.6 B6.3 B3.5 B
Slightly volatile
Other Liabilities1.1 B1.1 B470.4 M
Slightly volatile
Good Will432.6 M477.5 M491.7 M
Pretty Stable
Intangible Assets282.4 M257.8 M298.8 M
Very volatile
Net Tangible Assets8.9 B8.5 B3.7 B
Slightly volatile
Long Term Debt Total2.7 B3.5 B2.6 B
Slightly volatile
Capital Surpluse1.2 B1.4 B1.1 B
Slightly volatile
Non Current Liabilities Other189.8 M180.8 M71.3 M
Slightly volatile
Warrants121.9 M243.1 M116.6 M
Slightly volatile
Long Term Investments14.7 M16.6 M18 M
Slightly volatile
Short and Long Term Debt483 M460 M105.3 M
Slightly volatile
Net Invested Capital9.2 B11.9 B7.2 B
Slightly volatile
Net Working Capital4.2 B4.5 B3.3 B
Slightly volatile
Capital Stock713 K651 K650.8 K
Slightly volatile

Steel Dynamics Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization459.7 M437.8 M293.3 M
Slightly volatile
Total Revenue19.7 B18.8 B11.2 B
Slightly volatile
Other Operating Expenses16.1 B15.3 B9.5 B
Slightly volatile
Cost Of Revenue15.5 B14.7 BB
Slightly volatile
Total Operating Expenses348.9 M588.6 M500.2 M
Slightly volatile
Selling General Administrative342.8 M574 M475.4 M
Slightly volatile
Non Recurring21.2 M22.3 M67.4 M
Pretty Stable
Interest Income110.1 M114.4 M137.6 M
Slightly volatile
Reconciled Depreciation380.8 M428.3 M326.5 M
Slightly volatile
Extraordinary Items143 M160.8 M175.1 M
Slightly volatile

Steel Dynamics Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.7 B1.6 B835 M
Slightly volatile
Depreciation459.7 M437.8 M295.1 M
Slightly volatile
Capital Expenditures1.7 B1.7 B573 M
Slightly volatile
End Period Cash Flow1.5 B1.4 B919.1 M
Slightly volatile
Stock Based Compensation31.3 M61.7 M34 M
Slightly volatile
Dividends Paid284.9 M271.3 M158.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.991.0465400
Slightly volatile
Dividend Yield0.01560.01380.0202
Pretty Stable
PTB Ratio2.422.21842.4795
Slightly volatile
Days Sales Outstanding44.1331.232935.2569
Very volatile
Book Value Per Share55.953.236621.5579
Slightly volatile
Invested Capital0.330.34870.8915
Slightly volatile
Stock Based Compensation To Revenue0.00260.00330.0034
Very volatile
PB Ratio2.422.21842.4795
Slightly volatile
EV To Sales1.091.1422544
Slightly volatile
Inventory Turnover3.645.20324.6795
Pretty Stable
Days Of Inventory On Hand66.6470.1488211
Slightly volatile
Payables Turnover11.2613.83914.6424
Very volatile
Sales General And Administrative To Revenue0.05790.05160.049
Slightly volatile
Cash Per Share13.3812.74135.4364
Slightly volatile
Days Payables Outstanding25.0626.3747318
Slightly volatile
Intangibles To Total Assets0.04660.04910.1031
Slightly volatile
Current Ratio2.422.91043.2852
Pretty Stable
Tangible Book Value Per Share51.0948.659317.7909
Slightly volatile
Receivables Turnover7.6411.686410.483
Very volatile
Graham Number13913350.8424
Slightly volatile
Shareholders Equity Per Share55.953.236621.5579
Slightly volatile
Debt To Equity0.330.34870.8915
Slightly volatile
Revenue Per Share11811355.3496
Slightly volatile
Interest Debt Per Share20.1819.222512.7341
Slightly volatile
Debt To Assets0.20.20640.3479
Slightly volatile
Operating Cycle96.31101267
Slightly volatile
Price Book Value Ratio2.422.21842.4795
Slightly volatile
Days Of Payables Outstanding25.0626.3747318
Slightly volatile
Ebt Per Ebit0.71.02340.9949
Very volatile
Company Equity Multiplier2.641.68982.3775
Slightly volatile
Long Term Debt To Capitalization0.220.22750.4127
Slightly volatile
Total Debt To Capitalization0.510.25860.4432
Slightly volatile
Debt Equity Ratio0.330.34870.8915
Slightly volatile
Quick Ratio1.151.59951.6868
Slightly volatile
Net Income Per E B T0.530.76140.7596
Slightly volatile
Cash Ratio0.410.60060.7622
Pretty Stable
Days Of Inventory Outstanding66.6470.1488211
Slightly volatile
Days Of Sales Outstanding44.1331.232935.2569
Very volatile
Price To Book Ratio2.422.21842.4795
Slightly volatile
Fixed Asset Turnover1.862.73922.9512
Pretty Stable
Debt Ratio0.20.20640.3479
Slightly volatile
Price Sales Ratio0.991.0465400
Slightly volatile
Asset Turnover0.831.25451.1881
Slightly volatile
Gross Profit Margin0.210.19870.1685
Slightly volatile
Price Fair Value2.422.21842.4795
Slightly volatile

Steel Dynamics Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.4 BB6.1 B
Slightly volatile
Enterprise Value5.8 B5.6 B5.8 B
Slightly volatile

Steel Fundamental Market Drivers

Forward Price Earnings11.4025
Cash And Short Term Investments2.1 B

Steel Upcoming Events

17th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
28th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Steel Dynamics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Steel Dynamics income statement, its balance sheet, and the statement of cash flows. Steel Dynamics investors use historical funamental indicators, such as Steel Dynamics's revenue or net income, to determine how well the company is positioned to perform in the future. Although Steel Dynamics investors may use each financial statement separately, they are all related. The changes in Steel Dynamics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Steel Dynamics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Steel Dynamics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Steel Dynamics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue6.4 MM
Total Revenue18.8 B19.7 B
Cost Of Revenue14.7 B15.5 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.05  0.06 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.09)(0.09)
Revenue Per Share 112.85  118.49 
Ebit Per Revenue 0.17  0.13 

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When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:
Check out the analysis of Steel Dynamics Correlation against competitors.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Steel Dynamics' price analysis, check to measure Steel Dynamics' 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 Steel Dynamics is operating at the current time. Most of Steel Dynamics' value examination focuses on studying past and present price action to predict the probability of Steel Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Dynamics' price. Additionally, you may evaluate how the addition of Steel Dynamics to your portfolios can decrease your overall portfolio volatility.
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Is Steel Dynamics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
1.7
Earnings Share
14.64
Revenue Per Share
112.85
Quarterly Revenue Growth
(0.12)
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.