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Schnitzer Steel Industries

OverviewSuggest Edit

Schnitzer Steel Industries is a recycler of ferrous and nonferrous scrap metal, including end-of-life vehicles, and a manufacturer of finished steel products.  The Company operates through two segments: The Auto Recycling and Metals Recycling, which  collects and recycles auto bodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction and demolition scrap from bridges, buildings and other infrastructure; and SMB segment, which produces finished steel products such as rebar, wire rod, coiled rebar, merchant bar and other specialty products.

TypePublic
Founded1906
HQPortland, OR, USMap
Websiteschnitzersteel.com
Employee Ratings4More
Overall CultureFMore
View Jobs (341)

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Latest Updates

Employees (est.) (Sept 2019)3,363(-5%)
Job Openings341
Revenue (FY, 2020)$1.7 B(-19%)
Share Price (May 2022)$37.4(+3%)
Cybersecurity ratingBMore
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Key People/Management at Schnitzer Steel Industries

Wayland Hicks

Wayland Hicks

Independent Director and Lead Director
Richard Peach

Richard Peach

Executive Vice President, Chief Financial Officer and Chief Strategy Officer
Michael Henderson

Michael Henderson

Senior Vice President and President, Operations
David Jahnke

David Jahnke

Independent Director
Steven Heiskell

Steven Heiskell

Senior Vice President and President, Products & Services
Judith Johansen

Judith Johansen

Independent Director
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Schnitzer Steel Industries Office Locations

Schnitzer Steel Industries has an office in Portland
Portland, OR, US (HQ)
299 SW Clay St #350
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Schnitzer Steel Industries Financials and Metrics

Schnitzer Steel Industries Revenue

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Schnitzer Steel Industries's revenue was reported to be $1.71 b in FY, 2020
USD

Revenue (Q2, 2021)

600.1m

Gross profit (Q2, 2021)

113.1m

Gross profit margin (Q2, 2021), %

18.8%

Net income (Q2, 2021)

45.7m

EBIT (Q2, 2021)

58.6m

Market capitalization (13-May-2022)

1.0b

Closing stock price (13-May-2022)

37.4

Cash (28-Feb-2021)

11.3m

EV

1.3b
Schnitzer Steel Industries's current market capitalization is $1 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.5b3.3b2.6b2.5b1.9b1.4b1.7b2.4b2.1b1.7b

Revenue growth, %

(3%)(25%)(29%)

Cost of goods sold

3.1b3.1b2.4b2.3b1.7b1.2b1.5b2.0b1.9b1.5b

Gross profit

387.0m261.2m206.5m218.8m172.7m176.6m223.1m354.2m274.2m208.6m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

675.1m721.8m981.1m812.2m886.6m879.9m592.8m662.2m710.3m587.7m626.1m637.8m555.6m439.2m467.3m321.2m289.1m351.6m334.2m382.1m477.1m483.3m559.4m652.4m564.0m473.6m547.4m405.6m439.5m402.7m492.1m600.1m

Cost of goods sold

602.5m632.9m870.5m742.2m817.1m808.0m541.9m600.8m652.3m542.4m571.1m586.8m510.0m408.8m424.3m284.9m259.7m294.7m295.9m326.8m411.1m406.3m472.5m549.2m490.1m414.7m474.6m364.8m380.5m356.2m420.1m487.0m

Gross profit

72.6m89.0m110.5m70.0m69.5m71.9m50.9m61.4m58.0m45.3m55.0m51.0m45.6m30.4m43.0m36.3m29.4m56.9m38.3m55.3m66.0m77.0m87.0m103.3m73.9m58.9m72.8m40.8m59.0m46.5m72.0m113.1m

Gross profit Margin, %

11%12%11%9%8%8%9%9%8%8%9%8%8%7%9%11%10%16%11%14%14%16%16%16%13%12%13%10%13%12%15%19%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

49.5m89.9m13.5m25.7m22.8m26.8m7.3m4.7m12.4m17.9m

Accounts Receivable

230.0m137.3m188.3m189.4m111.5m114.0m139.0m169.4m145.6m139.1m

Prepaid Expenses

24.1m28.6m22.2m24.1m21.5m22.4m63.7m115.1m30.1m

Inventories

335.1m247.0m236.0m216.2m156.5m133.0m166.9m205.9m187.3m157.3m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

57.0m48.2m32.8m27.0m51.7m56.5m24.4m34.5m37.1m29.9m20.4m29.4m14.7m7.6m8.9m18.9m8.9m7.0m8.1m9.8m15.2m9.2m15.0m10.1m11.2m13.2m8.1m9.6m10.3m307.7m7.3m11.3m

Accounts Receivable

161.0m161.0m245.8m209.5m210.1m149.7m152.9m159.1m161.8m126.0m173.9m193.6m155.6m112.2m117.3m71.1m81.2m100.0m112.7m132.8m127.5m144.6m194.3m190.2m193.4m165.3m168.0m115.0m158.8m134.5m166.2m210.5m

Prepaid Expenses

30.6m31.0m30.8m23.8m35.0m29.6m21.1m22.0m26.6m21.9m18.7m20.5m20.1m17.7m19.1m24.0m18.5m23.6m24.6m27.0m38.3m37.8m36.7m35.1m31.5m28.0m32.2m28.8m34.6m

Inventories

276.0m356.6m364.2m410.1m324.8m328.1m302.6m305.5m295.7m280.1m252.8m230.8m244.3m255.9m197.0m152.9m146.0m156.9m148.1m168.9m165.8m216.4m221.9m234.4m200.6m198.6m202.2m177.9m183.6m161.5m185.3m252.3m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

118.4m27.4m(280.0m)9.6m(195.1m)(17.6m)47.0m159.8m58.3m(2.2m)

Depreciation and Amortization

74.9m82.3m83.1m79.2m67.9m54.6m49.8m49.7m53.3m59.2m

Inventories

(45.3m)94.1m46.8m36.3m69.3m27.5m(22.2m)(24.3m)33.5m39.2m

Accounts Payable

45.4m(26.1m)(10.9m)9.4m(35.6m)(763.0k)33.1m26.0m(17.1m)(8.0m)
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

17.8m48.6m81.6m7.0m16.6m27.9m(1.7m)7.0m7.8m(5.4m)(2.7m)1.4m(1.6m)(197.5m)(206.4m)(5.0m)(45.9m)(34.2m)(708.0k)11.0m28.2m19.2m61.1m99.6m16.6m29.9m46.4m(6.6m)(2.1m)(6.8m)15.1m60.7m

Depreciation and Amortization

16.3m34.5m54.0m20.3m41.0m61.4m20.9m41.6m62.4m21.0m41.0m60.1m18.9m36.9m52.4m14.8m29.0m41.9m12.5m25.1m37.5m12.5m24.7m37.0m13.3m26.5m39.6m14.1m28.5m43.2m14.8m29.3m

Inventories

6.5m(79.5m)(73.3m)(74.1m)13.6m11.1m(50.8m)(45.7m)(19.8m)(39.1m)(7.6m)18.1m(25.8m)(38.4m)25.8m4.8m12.6m3.8m(12.6m)(30.4m)(25.0m)(47.3m)(49.4m)(58.0m)9.6m15.8m14.8m11.9m9.1m32.8m(25.9m)(90.2m)

Accounts Payable

(7.4m)31.4m16.2m(19.2m)(14.9m)(17.4m)(10.4m)(10.6m)(10.3m)(4.4m)1.8m2.2m(24.9m)(22.2m)(29.4m)(5.0m)423.0k3.5m14.3m17.1m13.4m8.5m15.2m26.3m(6.9m)(23.6m)(19.5m)(29.0m)(8.3m)(32.5m)19.0m45.1m
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USDQ1, 2011

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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Schnitzer Steel Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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Schnitzer Steel Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Schnitzer Steel Industries Online and Social Media Presence

Schnitzer Steel Industries's Trends

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Schnitzer Steel Industries Company Culture

  • Overall Culture

    F

    41/100

  • CEO Rating

    F

    40/100

  • Compensation

    A+

    95/100

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 Schnitzer Steel Industries Frequently Asked Questions

  • When was Schnitzer Steel Industries founded?

    Schnitzer Steel Industries was founded in 1906.

  • Who are Schnitzer Steel Industries key executives?

    Schnitzer Steel Industries's key executives are Wayland Hicks, Richard Peach and Michael Henderson.

  • How many employees does Schnitzer Steel Industries have?

    Schnitzer Steel Industries has 3,363 employees.

  • What is Schnitzer Steel Industries revenue?

    Latest Schnitzer Steel Industries annual revenue is $1.7 b.

  • What is Schnitzer Steel Industries revenue per employee?

    Latest Schnitzer Steel Industries revenue per employee is $509.2 k.

  • Who are Schnitzer Steel Industries competitors?

    Competitors of Schnitzer Steel Industries include Asahi Pretec, Aurubis and Commercial Metals.

  • Where is Schnitzer Steel Industries headquarters?

    Schnitzer Steel Industries headquarters is located at 299 SW Clay St #350, Portland.

  • Where are Schnitzer Steel Industries offices?

    Schnitzer Steel Industries has an office in Portland.

  • How many offices does Schnitzer Steel Industries have?

    Schnitzer Steel Industries has 1 office.