Steel Dynamics

Steel Dynamics is one of the largest domestic steel producers and metals recyclers in the United States based on estimated annual steelmaking and metals recycling capability.
The reporting segments of the Company are comprised of steel operations, metals recycling and ferrous resources, and fabrication.
Its steelmaking operations consist of mills, producing steel from steel scrap using electric arc furnaces, continuous casting, automated rolling mills, and downstream finishing facilities. Steel Dynamics' products are used in a wide variety of end markets, such as automotive, construction, manufacturing and energy.
The Company's metals recycling operation, OmniSource Corporation, is a wholly-owned subsidiary. OmniSource processes, transports, markets and brokers ferrous and nonferrous scrap metal. Additionally, the metals recycling operation offers consulting services, as well as provides customized scrap management services to industrial manufacturing companies throughout North America and Mexico. 

Company Growth (employees)
Type
Public
HQ
Fort Wayne, US
Founded
1993
Size (employees)
7,695 (est)
Steel Dynamics was founded in 1993 and is headquartered in Fort Wayne, US

Key People/Management at Steel Dynamics

Mark Millett

Mark Millett

President and Chief Executive Officer
Theresa Wagler

Theresa Wagler

Executive Vice President and Chief Financial Officer
Russ Rinn

Russ Rinn

President and Chief Operating Officer

Steel Dynamics Office Locations

Steel Dynamics has offices in Fort Wayne, Pittsboro, Butler, Columbus and in 4 other locations
Fort Wayne, US (HQ)
7575 W Jefferson Blvd
Pittsboro, US (HQ)
4500 County Road 59
Butler, US
4500 Co Rd 59
Columbia City, US
2601 County Rd 700 N
Columbus, US
1945 Airport Rd
Pittsburgh, US
300 Mifflin Rd
Show all (8)

Steel Dynamics Financials and Metrics

Steel Dynamics Financials

Steel Dynamics's revenue was reported to be $7.8 b in FY, 2016
USD

Revenue (Q2, 2017)

2.4 b

Gross profit (Q2, 2017)

392.5 m

Gross profit margin (Q2, 2017), %

16%

Net income (Q2, 2017)

152.9 m

EBIT (Q2, 2017)

265.4 m

Market capitalization (11-Dec-2017)

9.8 b

Cash (30-Jun-2017)

908.8 m

EV

11.2 b
Steel Dynamics's current market capitalization is $9.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

7.4 b8.8 b7.6 b7.8 b

Revenue growth, %

19%(13%)2%

Cost of goods sold

6.7 b7.8 b6.9 b6.4 b

Gross profit

719.1 m966.2 m731.7 m1.3 b
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

2 b2 b1.7 b2 b2.1 b2.4 b2.4 b

Cost of goods sold

1.8 b1.7 b1.5 b1.6 b1.7 b1.9 b2 b

Gross profit

171.7 m228.7 m236 m380.4 m408.5 m472.2 m392.5 m

Gross profit Margin, %

9%12%14%19%19%20%16%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

395.2 m361.4 m727 m841.5 m

Inventories

1.3 b1.6 b1.1 b1.3 b

Current Assets

2.5 b3 b2.5 b2.9 b

PP&E

2.2 b3.1 b3 b2.8 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

370.1 m342.9 m357.5 m159.6 m161 m419.4 m473.8 m977 m1.1 b1.1 b966.8 m908.8 m

Accounts Receivable

722.9 m760.7 m852.4 m1 b741.3 m772.3 m757.1 m654.2 m758.1 m752.2 m860.7 m866.7 m

Inventories

1.2 b1.3 b1.3 b1.7 b1.5 b1.3 b1.3 b1.1 b1.2 b1.3 b1.4 b1.4 b

Current Assets

2.4 b2.5 b2.6 b2.9 b2.5 b2.6 b2.7 b2.8 b3.1 b3.1 b3.2 b3.3 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

163.5 m91.7 m(145.2 m)360 m

Accounts Receivable

(78.2 m)(2.2 m)311.3 m(106.6 m)

Inventories

(108 m)68.7 m488 m(115.6 m)

Accounts Payable

40.1 m(76.1 m)(227.1 m)106.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

51.1 m33.7 m66.3 m87.7 m27 m25.3 m58.9 m61.3 m140.4 m154.4 m198.7 m152.9 m

Depreciation and Amortization

58.2 m57.6 m58.4 m66 m72.8 m74.3 m74.2 m74 m74.8 m74.2 m75.1 m73.8 m

Accounts Receivable

254 k(89 m)(99.7 m)31 m133.1 m(47.1 m)36.4 m(75.6 m)(103.6 m)29.4 m(153.4 m)(3.7 m)

Inventories

(23.6 m)(17.4 m)11.2 m27.2 m165 m161.2 m(8.8 m)82.6 m(108.9 m)(76 m)(86.8 m)(57.6 m)
USDY, 2017

EV/EBIT

42.4 x

EV/CFO

138.9 x

Revenue/Employee

310.7 k

Financial Leverage

2.3 x
Show all financial metrics

Steel Dynamics Market Value History

Steel Dynamics's Web-traffic and Trends

Steel Dynamics Company Life and Culture

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