Steel Historical Income Statement

STLD Stock  USD 148.23  1.70  1.16%   
Historical analysis of Steel Dynamics income statement accounts such as Other Operating Expenses of 16.1 B, Operating Income of 3.3 B, EBIT of 3.3 B or Ebitda of 3.3 B can show how well Steel Dynamics performed in making a profits. Evaluating Steel Dynamics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Steel Dynamics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Steel Dynamics latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Steel Dynamics is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

About Steel Income Statement Analysis

Steel Dynamics Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Steel Dynamics shareholders. The income statement also shows Steel investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Steel Dynamics Income Statement Chart

Steel Dynamics Income Statement is one of the three primary financial statements used for reporting Steel's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Steel Dynamics revenue and expense. Steel Dynamics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Steel Dynamics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 19.7 B, whereas Selling General Administrative is forecasted to decline to about 342.8 M.

Total Revenue

Total revenue comprises all receipts Steel Dynamics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Steel Dynamics. It is also known as Steel Dynamics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Steel Dynamics income statement and represents the costs associated with goods and services Steel Dynamics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from Steel Dynamics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Steel Dynamics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.At present, Steel Dynamics' Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 19.7 B, whereas Selling General Administrative is forecasted to decline to about 342.8 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.1B1.0B588.6M348.9M
Cost Of Revenue13.0B16.1B14.7B15.5B

Steel Dynamics income statement Correlations

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0.16-0.17-0.36-0.09-0.4-0.38-0.34-0.08-0.09-0.42-0.3-0.42-0.41-0.13-0.430.270.350.33-0.420.37-0.52-0.440.26
0.87-0.170.960.990.940.940.940.990.770.940.240.940.930.780.94-0.48-0.43-0.210.9-0.80.830.86-0.52
0.71-0.360.960.921.01.01.00.910.820.990.270.990.990.840.99-0.48-0.5-0.270.97-0.750.870.83-0.42
0.91-0.090.990.920.90.90.91.00.750.890.220.90.890.750.9-0.47-0.4-0.180.85-0.80.80.84-0.54
0.67-0.40.941.00.91.00.990.890.81.00.341.00.990.821.0-0.45-0.53-0.350.97-0.740.870.82-0.4
0.68-0.380.941.00.91.01.00.90.811.00.281.00.990.830.99-0.47-0.5-0.280.97-0.730.860.82-0.4
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0.6-0.090.770.820.750.80.810.850.730.78-0.020.780.761.00.76-0.38-0.37-0.160.85-0.540.740.50.1
0.66-0.420.940.990.891.01.00.990.890.780.361.00.990.81.0-0.45-0.53-0.360.97-0.760.870.84-0.43
0.08-0.30.240.270.220.340.280.240.23-0.020.360.350.37-0.010.360.19-0.47-0.90.26-0.420.250.38-0.4
0.67-0.420.940.990.91.01.00.990.890.781.00.350.990.81.0-0.45-0.53-0.350.97-0.760.870.84-0.43
0.65-0.410.930.990.890.990.990.980.880.760.990.370.990.780.99-0.45-0.52-0.370.96-0.730.850.84-0.44
0.6-0.130.780.840.750.820.830.860.731.00.8-0.010.80.780.78-0.39-0.38-0.160.87-0.560.760.520.08
0.68-0.430.940.990.91.00.990.980.90.761.00.361.00.990.78-0.46-0.54-0.350.97-0.780.880.86-0.47
-0.390.27-0.48-0.48-0.47-0.45-0.47-0.46-0.47-0.38-0.450.19-0.45-0.45-0.39-0.460.29-0.1-0.440.32-0.6-0.50.3
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0.65-0.420.90.970.850.970.970.970.840.850.970.260.970.960.870.97-0.44-0.51-0.31-0.740.860.81-0.29
-0.770.37-0.8-0.75-0.8-0.74-0.73-0.71-0.8-0.54-0.76-0.42-0.76-0.73-0.56-0.780.320.530.4-0.74-0.82-0.810.63
0.61-0.520.830.870.80.870.860.850.790.740.870.250.870.850.760.88-0.6-0.64-0.340.86-0.820.8-0.43
0.72-0.440.860.830.840.820.820.790.850.50.840.380.840.840.520.86-0.5-0.5-0.280.81-0.810.8-0.66
-0.560.26-0.52-0.42-0.54-0.4-0.4-0.34-0.560.1-0.43-0.4-0.43-0.440.08-0.470.30.250.15-0.290.63-0.43-0.66
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Steel Dynamics Account Relationship Matchups

Steel Dynamics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization336.6M298.4M312.8M405.0M437.8M459.7M
Interest Expense127.1M94.9M57.2M91.5M76.5M84.4M
Total Revenue10.5B9.6B18.4B22.3B18.8B19.7B
Gross Profit1.5B1.4B5.4B6.1B4.0B4.2B
Other Operating Expenses9.5B8.7B14.1B17.2B15.3B16.1B
Operating Income986.9M847.1M4.3B5.1B3.2B3.3B
Ebit986.9M847.1M4.3B5.1B3.2B3.3B
Ebitda1.3B1.1B4.6B5.5B3.2B3.3B
Cost Of Revenue9.0B8.2B13.0B16.1B14.7B15.5B
Total Operating Expenses544.1M568.2M1.1B1.0B588.6M348.9M
Income Before Tax875.3M705.5M4.2B5.0B3.2B3.4B
Total Other Income Expense Net(111.5M)(141.7M)(92.0M)(70.8M)67.8M71.2M
Net Income671.1M550.8M3.2B3.9B2.5B2.6B
Income Tax Expense197.4M134.7M962.3M1.1B751.6M789.2M
Selling General Administrative514.5M539.2M1.0B998.2M574.0M342.8M
Net Income Applicable To Common Shares671.1M550.8M3.2B3.9B4.4B4.7B
Net Income From Continuing Ops677.9M570.8M3.2B3.9B2.7B2.8B
Non Operating Income Net Other24.0M15.6M(46.8M)(34.8M)(31.3M)(29.8M)
Minority Interest(6.8M)(20.0M)(32.7M)(16.8M)(17.8M)(16.9M)
Tax Provision197.4M134.7M962.3M1.1B755.9M463.5M
Net Interest Income(127.1M)(94.9M)(57.2M)(91.5M)(85.5M)(89.8M)
Reconciled Depreciation321.1M325.8M347.7M384.2M428.3M380.8M

Steel Dynamics Investors Sentiment

The influence of Steel Dynamics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Steel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Steel Dynamics' public news can be used to forecast risks associated with an investment in Steel. The trend in average sentiment can be used to explain how an investor holding Steel can time the market purely based on public headlines and social activities around Steel Dynamics. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Steel Dynamics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Steel Dynamics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Steel Dynamics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Steel Dynamics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Steel Dynamics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Steel Dynamics' short interest history, or implied volatility extrapolated from Steel Dynamics options trading.

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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.