Steel Dynamics (STLD) stock price, revenue, and financials

Steel Dynamics market cap is $13.9 b, and annual revenue was $9.6 b in FY 2020

$13.9 B

STLD Mkt cap, 08-Sept-2021

$3.5 B

Steel Dynamics Revenue Q1, 2021
Steel Dynamics Gross profit (Q1, 2021)800.3 M
Steel Dynamics Gross profit margin (Q1, 2021), %22.6%
Steel Dynamics Net income (Q1, 2021)438.8 M
Steel Dynamics EBIT (Q1, 2021)594.2 M
Steel Dynamics Cash, 31-Mar-20211.2 B
Steel Dynamics EV15.8 B
Get notified regarding key financial metrics and revenue changes at Steel DynamicsLearn more
Banner background

Steel Dynamics Revenue

Steel Dynamics revenue was $9.6 b in FY, 2020 which is a 8.3% year over year decrease from the previous period.

Embed Graph

Steel Dynamics Revenue Breakdown

Embed Graph

Steel Dynamics revenue breakdown by business segment: 66.2% from Steel Operations, 21.3% from Metals Recycling Operations, 8.0% from Steel Fabrication Operations and 4.4% from Other

Steel Dynamics Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

11.8b10.5b9.6b

Revenue growth, %

24%(11%)(8%)

Cost of goods sold

9.5b8.9b8.2b

Gross profit

2.3b1.5b1.4b

Gross profit Margin, %

20%15%15%

General and administrative expense

416.6m436.5m477.5m

Operating expense total

416.6m466.1m587.6m

Depreciation and amortization

27.8m29.6m29.0m

EBIT

1.7b986.9m847.1m

EBIT margin, %

15%9%9%

Interest expense

126.6m127.1m94.9m

Pre tax profit

1.6b875.3m705.5m

Income tax expense

364.0m197.4m134.7m

Net Income

1.3b677.9m570.8m

EPS

5.43.02.6

Quarterly

USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

2.8b2.8b2.5b2.6b2.1b3.5b

Cost of goods sold

2.4b2.3b2.2b2.2b1.8b2.7b

Gross profit

433.6m421.2m359.8m415.2m284.4m800.3m

Gross profit Margin, %

15%15%14%16%14%23%

General and administrative expense

111.0m106.3m107.2m112.9m109.3m149.8m

Operating expense total

111.0m106.3m107.2m141.5m125.6m206.1m

Depreciation and amortization

7.0m7.0m6.7m7.2m7.2m7.4m

EBIT

291.8m285.0m228.0m273.7m158.9m594.2m

EBIT margin, %

10%10%9%11%8%17%

Interest expense

31.1m32.3m31.3m28.0m27.7m17.3m

Pre tax profit

267.1m257.0m201.3m248.3m103.0m566.9m

Income tax expense

62.2m60.2m48.6m57.4m24.3m128.1m

Net Income

204.8m196.7m152.6m190.8m78.8m438.8m

EPS

0.90.90.70.90.42.0

Steel Dynamics Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

828.2m1.4b1.4b

Accounts Receivable

1.0b841.4m968.0m

Inventories

1.9b1.7b1.8b

Current Assets

4.0b4.3b4.3b

PP&E

2.9b3.1b4.1b

Goodwill

429.6m452.9m457.2m

Total Assets

7.7b8.3b9.3b

Accounts Payable

536.7m509.7m760.5m

Short-term debt

49.8m107.6m106.6m

Current Liabilities

1.0b1.0b1.3b

Long-term debt

2.4b2.6b3.0b

Total Debt

2.4b2.8b3.1b

Total Liabilities

3.8b4.2b4.9b

Common Stock

645.0k646.0k648.0k

Additional Paid-in Capital

1.2b1.2b1.2b

Retained Earnings

4.0b4.4b4.8b

Total Equity

3.8b3.9b4.2b

Debt to Equity Ratio

0.6 x0.7 x0.7 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

2 x2.1 x2.2 x

Steel Dynamics Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

1.3b677.9m570.8m

Depreciation and Amortization

317.2m321.1m325.8m

Accounts Receivable

(145.9m)237.8m(111.9m)

Inventories

(246.2m)217.9m(150.6m)

Accounts Payable

37.9m(86.4m)182.5m

Cash From Operating Activities

1.4b1.4b987.0m

Purchases of PP&E

(239.4m)(451.9m)(1.2b)

Cash From Investing Activities

(895.3m)(576.7m)(993.3m)

Long-term Borrowings

(455.5m)(1.3b)(2.2b)

Dividends Paid

(168.9m)(200.3m)(209.2m)

Cash From Financing Activities

(720.9m)(266.6m)(7.0m)

Net Change in Cash

(200.7m)553.0m(13.3m)

Interest Paid

124.0m134.6m111.6m

Income Taxes Paid

288.4m155.5m50.4m

Steel Dynamics Ratios

USDFY, 2018

EV/EBIT

4.8 x

EV/CFO

5.9 x

Revenue/Employee

1.4m

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x

P/E Ratio

5.6

Steel Dynamics Operating Metrics

FY, 2018FY, 2019FY, 2020

Sheet Steel Produced, tons

7.5 m7.8 m7.6 m

Liquid Pig Iron and Hot Briquetted Iron Produced (Iron Dynamics), metric tons

262 k259 k

Metallic Materials Consumed in Steelmaking Furnaces, tons

10.9 m10.6 m10.4 m

Long Steel Products Produced (Structural and Rail Division), tons

1.64 m1.49 m1.66 m

Long Steel Products Produced (Engineered Bar Products Division), tons

824.43 k655.11 k555.62 k

Long Steel Products Produced (Roanoke Bar Division), tons

575.08 k528.26 k505.39 k

Long Steel Products Produced (Steel of West Virginia), tons

307.01 k357.05 k329 k

Long Product Steel Shipping Capacity (Structural and Rail Division), tons

2.2 b2.2 m

Long Product Steel Shipping Capacity (Engineered Bar Products Division), tons

950 m950 k

Long Product Steel Shipping Capacity (Roanoke Bar Division), tons

720 m720 k

Long Product Steel Shipping Capacity (Steel of West Virginia), tons

555 m555 k

Long Product Steel Shipping Capacity (Vulcan Threaded Products Division), tons

125 m135 k

Ferrous Metal Shipped, gross tons

5.12 m4.63 m4.59 m

Joist and Deck Products Sold, tons

642 k644 k666 k

Nonferrous Metals Shipped, pounds

1.13 m1.07 m977.88 k

Steel Operations Segment Shipments, tons

10.61 m10.82 m10.72 m

Steel Dynamics Human Capital

Gender

FY, 2019
Female (Directors), percent7.6%
Male, percent37.7%
Male (Directors), percent34.7%
Other4.7%

Steel Dynamics Employee Rating

4.2106 votes
Culture & Values
3.6
Work/Life Balance
3.4
Senior Management
3.5
Salary & Benefits
4.2
Career Opportunities
3.7
Source