Steel Dynamics (STLD) Financial Statements
Price: $128.19
Market Cap: $19.25B
Avg Volume: 1.85M
Market Cap: $19.25B
Avg Volume: 1.85M
Country: US
Industry: Steel
Sector: Basic Materials
Industry: Steel
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Steel Dynamics.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.54B | $18.80B | $22.26B | $18.41B | $9.60B | $10.49B | $11.82B | $9.54B | $7.78B | $7.59B |
| Cost of Revenue | $14.74B | $14.75B | $16.14B | $13.05B | $8.17B | $8.95B | $9.50B | $7.96B | $6.44B | $6.86B |
| Gross Profit | $2.80B | $4.05B | $6.12B | $5.36B | $1.43B | $1.53B | $2.32B | $1.58B | $1.33B | $731.72M |
| Gross Profit Ratio | 15.98% | 21.50% | 27.48% | 29.10% | 14.94% | 14.60% | 19.65% | 16.59% | 17.16% | 9.63% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $998.17M | $1.03B | $539.18M | $514.53M | $572.62M | $485.94M | $445.29M | $350.69M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $664.12M | $588.62M | $998.17M | $1.03B | $539.18M | $514.53M | $572.62M | $485.94M | $445.29M | $350.69M |
| Other Expenses | $195.43M | $306.08M | $27.84M | $29.23M | $29.00M | $29.58M | $23.98M | $2.75M | $-17.80M | $-15.38M |
| Operating Expenses | $859.55M | $894.70M | $1.03B | $1.06B | $568.18M | $544.10M | $600.40M | $515.13M | $474.06M | $376.00M |
| Cost and Expenses | $15.60B | $15.64B | $17.17B | $14.11B | $8.73B | $9.50B | $10.10B | $8.47B | $6.92B | $7.24B |
| Interest Income | $- | $- | $91.54M | $57.21M | $127.98M | $130.80M | $- | $- | $- | $- |
| Interest Expense | $56.35M | $76.48M | $91.54M | $57.21M | $94.88M | $127.10M | $126.62M | $134.40M | $146.04M | $153.95M |
| Depreciation and Amortization | $478.91M | $437.80M | $384.20M | $347.65M | $325.79M | $321.08M | $317.20M | $299.00M | $289.37M | $294.60M |
| EBITDA | $2.52B | $3.73B | $5.50B | $4.61B | $1.19B | $1.32B | $2.06B | $1.37B | $999.53M | $200.34M |
| EBITDA Ratio | 14.36% | 19.86% | 24.69% | 25.06% | 11.93% | 12.62% | 17.46% | 14.35% | 14.65% | 8.36% |
| Operating Income | $1.94B | $3.15B | $5.09B | $4.30B | $847.14M | $986.88M | $1.72B | $1.07B | $727.97M | $-72.78M |
| Operating Income Ratio | 11.08% | 16.77% | 22.87% | 23.36% | 8.82% | 9.41% | 14.57% | 11.18% | 9.36% | -0.96% |
| Total Other Income Expenses Net | $39.84M | $67.76M | $-70.75M | $-92.03M | $-141.66M | $-111.54M | $-102.64M | $-131.65M | $-163.83M | $-169.33M |
| Income Before Tax | $1.98B | $3.22B | $5.02B | $4.21B | $705.48M | $875.34M | $1.62B | $935.24M | $564.13M | $-242.12M |
| Income Before Tax Ratio | 11.30% | 17.13% | 22.56% | 22.86% | 7.35% | 8.35% | 13.70% | 9.80% | 7.25% | -3.19% |
| Income Tax Expense | $432.93M | $751.61M | $1.14B | $962.26M | $134.65M | $197.44M | $363.97M | $129.44M | $204.13M | $-96.95M |
| Net Income | $1.54B | $2.45B | $3.86B | $3.21B | $550.82M | $671.10M | $1.26B | $812.74M | $382.12M | $-130.31M |
| Net Income Ratio | 8.76% | 13.04% | 17.35% | 17.46% | 5.74% | 6.40% | 10.64% | 8.52% | 4.91% | -1.72% |
| EPS | $9.89 | $14.72 | $21.06 | $15.67 | $2.61 | $3.06 | $5.38 | $3.38 | $1.57 | $-0.54 |
| EPS Diluted | $9.89 | $14.64 | $20.92 | $15.56 | $2.59 | $3.04 | $5.35 | $3.36 | $1.56 | $-0.54 |
| Weighted Average Shares Outstanding | 155.42M | 166.55M | 183.39M | 205.12M | 211.14M | 219.64M | 233.92M | 240.13M | 243.58M | 241.32M |
| Weighted Average Shares Outstanding Diluted | 155.42M | 167.43M | 184.62M | 206.62M | 212.34M | 220.75M | 235.19M | 241.78M | 245.30M | 242.02M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $589.46M | $1.40B | $1.63B | $1.24B | $1.37B | $1.38B | $828.22M | $1.03B | $841.48M | $727.03M |
| Short Term Investments | $147.81M | $721.21M | $628.22M | $- | $- | $262.17M | $228.78M | $- | $- | $- |
| Cash and Short Term Investments | $737.27M | $2.12B | $2.26B | $1.24B | $1.37B | $1.64B | $1.06B | $1.03B | $841.48M | $727.03M |
| Net Receivables | $54.23M | $1.61B | $2.06B | $1.92B | $971.92M | $844.34M | $1.04B | $868.84M | $729.78M | $613.61M |
| Inventory | $3.11B | $2.89B | $3.13B | $3.53B | $1.84B | $1.69B | $1.86B | $1.52B | $1.28B | $1.15B |
| Other Current Assets | $1.53B | $162.79M | $195.37M | $209.59M | $74.36M | $76.01M | $72.73M | $91.51M | $83.20M | $47.91M |
| Total Current Assets | $5.43B | $6.79B | $7.64B | $6.90B | $4.26B | $4.25B | $4.03B | $3.51B | $2.93B | $2.54B |
| Property Plant Equipment Net | $8.12B | $6.86B | $5.37B | $4.75B | $4.11B | $3.14B | $2.95B | $2.68B | $2.79B | $2.95B |
| Goodwill | $477.47M | $477.47M | $502.07M | $453.83M | $457.23M | $452.92M | $429.64M | $386.89M | $393.35M | $397.47M |
| Intangible Assets | $227.23M | $257.76M | $267.51M | $295.35M | $324.58M | $327.90M | $270.33M | $256.91M | $283.98M | $278.96M |
| Goodwill and Intangible Assets | $704.71M | $735.23M | $769.57M | $749.18M | $781.80M | $780.82M | $699.97M | $643.80M | $677.33M | $676.43M |
| Long Term Investments | $- | $- | $5.50M | $-854.90M | $-536.29M | $-484.17M | $-435.84M | $-305.95M | $-448.38M | $-400.77M |
| Tax Assets | $- | $- | $889.10M | $854.90M | $536.29M | $484.17M | $435.84M | $305.95M | $448.38M | $400.77M |
| Other Non-Current Assets | $681.20M | $523.65M | $-515.88M | $129.60M | $119.74M | $106.04M | $25.17M | $27.68M | $29.51M | $36.50M |
| Total Non-Current Assets | $9.50B | $8.12B | $6.52B | $5.63B | $5.01B | $4.02B | $3.67B | $3.35B | $3.49B | $3.66B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B | $6.86B | $6.42B | $6.20B |
| Account Payables | $972.64M | $1.09B | $1.02B | $1.28B | $769.46M | $513.34M | $550.75M | $489.45M | $395.20M | $283.36M |
| Short Term Debt | $426.99M | $480.99M | $57.33M | $97.17M | $86.89M | $89.36M | $24.23M | $28.80M | $3.63M | $16.68M |
| Tax Payables | $3.78M | $5.52M | $6.52M | $13.75M | $2.39M | $2.01M | $7.47M | $3.70M | $5.59M | $2.02M |
| Deferred Revenue | $- | $-5.52M | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $747.16M | $757.45M | $951.20M | $835.89M | $400.05M | $401.98M | $436.68M | $346.58M | $308.39M | $233.23M |
| Total Current Liabilities | $2.15B | $2.33B | $2.03B | $2.23B | $1.26B | $1.01B | $1.02B | $868.52M | $712.82M | $535.29M |
| Long Term Debt | $2.80B | $2.72B | $3.11B | $3.09B | $3.09B | $2.70B | $2.35B | $2.35B | $2.35B | $2.58B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $902.19M | $- | $889.10M | $854.90M | $536.29M | $484.17M | $435.84M | $305.95M | $448.38M | $400.77M |
| Other Non-Current Liabilities | $133.20M | $1.02B | $926.85M | $892.74M | $570.15M | $501.33M | $8.87M | $21.81M | $20.65M | $16.59M |
| Total Non-Current Liabilities | $3.84B | $3.74B | $4.03B | $3.98B | $3.66B | $3.20B | $2.80B | $2.68B | $2.82B | $3.00B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.99B | $6.07B | $6.06B | $6.21B | $4.92B | $4.21B | $3.82B | $3.55B | $3.54B | $3.53B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $651.00K | $650.00K | $649.00K | $648.00K | $646.00K | $645.00K | $644.00K | $641.00K | $638.00K |
| Retained Earnings | $14.80B | $13.55B | $11.38B | $7.76B | $4.76B | $4.42B | $3.96B | $2.87B | $2.21B | $1.97B |
| Accumulated Other Comprehensive Income Loss | $- | $421.00K | $889.00K | $-2.09M | $1.90M | $-7.00K | $301.00K | $-2.49B | $-2.28B | $-2.13B |
| Other Total Stockholders Equity | $-5.86B | $-4.68B | $-3.25B | $-1.46B | $-416.36M | $-344.10M | $-24.20M | $476.24M | $3.00B | $2.84B |
| Total Stockholders Equity | $8.93B | $8.87B | $8.13B | $6.30B | $4.35B | $4.08B | $3.94B | $3.35B | $2.93B | $2.68B |
| Total Equity | $9.11B | $8.84B | $8.10B | $6.32B | $4.35B | $4.06B | $3.89B | $3.31B | $2.89B | $2.67B |
| Total Liabilities and Stockholders Equity | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B | $6.86B | $6.42B | $6.20B |
| Minority Interest | $171.21M | $-27.14M | $-34.55M | $15.53M | $3.06M | $-10.98M | $-47.84M | $-45.27M | $-38.32M | $-8.28M |
| Total Liabilities and Total Equity | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B | $6.86B | $6.42B | $6.20B |
| Total Investments | $147.81M | $721.21M | $628.22M | $-854.90M | $-536.29M | $262.17M | $228.78M | $-305.95M | $-448.38M | $-400.77M |
| Total Debt | $3.23B | $3.20B | $3.07B | $3.11B | $3.10B | $2.73B | $2.38B | $2.38B | $2.36B | $2.59B |
| Net Debt | $2.64B | $1.80B | $1.44B | $1.86B | $1.73B | $1.35B | $1.55B | $1.35B | $1.52B | $1.87B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.55B | $2.45B | $3.88B | $3.25B | $570.83M | $677.90M | $1.26B | $805.80M | $360.01M | $-145.17M |
| Depreciation and Amortization | $478.91M | $437.80M | $384.20M | $347.65M | $325.79M | $321.08M | $317.20M | $299.00M | $296.11M | $294.60M |
| Deferred Income Tax | $-42.58M | $55.66M | $37.19M | $322.01M | $47.81M | $51.72M | $61.83M | $-135.90M | $53.85M | $-99.32M |
| Stock Based Compensation | $66.59M | $61.74M | $59.24M | $57.72M | $55.60M | $47.63M | $43.32M | $36.20M | $31.66M | $22.60M |
| Change in Working Capital | $-202.86M | $517.10M | $102.08M | $-1.77B | $-63.37M | $296.54M | $-261.43M | $-279.56M | $-42.36M | $537.28M |
| Accounts Receivables | $191.11M | $446.76M | $-110.56M | $-944.52M | $-111.92M | $237.81M | $-145.87M | $-139.05M | $-106.62M | $311.30M |
| Inventory | $-221.04M | $232.28M | $413.26M | $-1.69B | $-150.60M | $217.87M | $-246.21M | $-242.88M | $-115.58M | $488.00M |
| Accounts Payables | $-67.36M | $-30.15M | $-289.04M | $557.74M | $182.51M | $-86.44M | $37.90M | $96.06M | $106.52M | $-227.09M |
| Other Working Capital | $-105.57M | $-131.80M | $88.42M | $305.80M | $16.63M | $-72.68M | $92.75M | $6.32M | $73.31M | $-34.94M |
| Other Non Cash Items | $-5.51M | $-3.27M | $-1.79M | $-3.24M | $50.38M | $1.41M | $-1.25M | $14.07M | $153.51M | $428.50M |
| Net Cash Provided by Operating Activities | $1.84B | $3.52B | $4.46B | $2.20B | $987.03M | $1.40B | $1.42B | $739.61M | $852.77M | $1.04B |
| Investments in Property Plant and Equipment | $-1.87B | $-1.66B | $-908.90M | $-1.01B | $-1.20B | $-451.94M | $-239.39M | $-164.94M | $-198.16M | $-114.50M |
| Acquisitions Net | $- | $- | $-356.57M | $- | $-60.01M | $-97.11M | $-434.00M | $-6.19M | $-123.35M | $-45.00M |
| Purchases of Investments | $-739.34M | $-1.15B | $-927.58M | $- | $-149.36M | $-396.16M | $-268.78M | $- | $- | $- |
| Sales Maturities of Investments | $1.31B | $1.05B | $297.95M | $- | $411.53M | $362.77M | $40.00M | $- | $- | $- |
| Other Investing Activities | $-8.31M | $-221.59M | $15.84M | $6.82M | $2.63M | $5.76M | $6.91M | $32.02M | $8.62M | $9.87M |
| Net Cash Used for Investing Activities | $-1.30B | $-1.97B | $-1.88B | $-999.42M | $-993.26M | $-576.69M | $-895.26M | $-139.10M | $-312.89M | $-149.63M |
| Debt Repayment | $158.86M | $-1.89M | $-42.22M | $-5.45M | $345.83M | $309.81M | $-9.88M | $10.13M | $-255.09M | $-417.99M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-1.21B | $-1.45B | $-1.80B | $-1.06B | $-106.53M | $-348.61M | $-523.57M | $-252.24M | $-25.03M | $- |
| Dividends Paid | $-282.62M | $-271.32M | $-237.16M | $-212.97M | $-209.25M | $-200.27M | $-168.91M | $-145.56M | $-135.77M | $-127.57M |
| Other Financing Activities | $-16.68M | $-51.73M | $-116.30M | $-50.42M | $-37.10M | $-27.56M | $-18.50M | $-25.66M | $-9.53M | $22.38M |
| Net Cash Used Provided by Financing Activities | $-1.35B | $-1.78B | $-2.20B | $-1.33B | $-7.05M | $-266.63M | $-720.87M | $-413.33M | $-425.43M | $-523.19M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-811.45M | $-227.46M | $384.55M | $-124.75M | $-13.28M | $552.97M | $-200.66M | $187.17M | $114.45M | $365.67M |
| Cash at End of Period | $595.01M | $1.41B | $1.63B | $1.25B | $1.37B | $1.39B | $834.42M | $1.03B | $841.48M | $727.03M |
| Cash at Beginning of Period | $1.41B | $1.63B | $1.25B | $1.37B | $1.39B | $834.42M | $1.04B | $841.48M | $727.03M | $361.36M |
| Operating Cash Flow | $1.84B | $3.52B | $4.46B | $2.20B | $987.03M | $1.40B | $1.42B | $739.61M | $852.77M | $1.04B |
| Capital Expenditure | $-1.87B | $-1.66B | $-908.90M | $-1.01B | $-1.20B | $-451.94M | $-239.39M | $-164.94M | $-198.16M | $-114.50M |
| Free Cash Flow | $-23.50M | $1.86B | $3.55B | $1.20B | $-211.02M | $944.35M | $1.18B | $574.67M | $654.61M | $923.98M |