Steel Dynamics, Inc. (STLD)

Steel Dynamics Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	18,596	18,795	22,261	18,409	9,601	10,465
Revenue Growth (YoY)	-13.84%	-15.57%	20.92%	91.73%	-8.25%	-11.48%
Cost of Revenue	14,626	14,749	16,143	13,046	8,167	8,934
Gross Profit	3,971	4,046	6,118	5,362	1,435	1,531
Selling, General & Admin	868.93	860.65	998.17	1,032	539.18	514.53
Other Operating Expenses	34.83	34.05	27.84	29.23	48.41	29.58
Operating Expenses	903.76	894.7	1,026	1,061	587.59	544.1
Operating Income	3,067	3,151	5,092	4,301	847.14	986.88
Interest Expense / Income	65.96	76.48	91.54	57.21	94.88	127.1
Other Expense / Income	-123.21	-127.8	-3.97	67.57	66.79	-8.76
Pretax Income	3,124	3,202	5,004	4,176	685.47	868.54
Income Tax	726.44	751.61	1,142	962.26	134.65	197.44
Net Income	2,398	2,451	3,863	3,214	550.82	671.1
Net Income Growth	-29.40%	-36.55%	20.18%	483.50%	-17.92%	-46.67%
Shares Outstanding (Basic)	159	167	183	205	211	220
Shares Outstanding (Diluted)	159	167	185	207	212	221
Shares Change	-7.61%	-9.31%	-10.64%	-2.70%	-3.81%	-6.14%
EPS (Basic)	14.68	14.72	21.06	15.67	2.61	3.06
EPS (Diluted)	14.61	14.64	20.92	15.56	2.59	3.04
EPS Growth	-22.62%	-30.02%	34.45%	500.77%	-14.80%	-43.18%
Free Cash Flow	1,335	1,862	3,552	1,198	-211.02	944.35
Free Cash Flow Per Share	8.42	11.18	19.37	5.84	-1.00	4.30
Dividend Per Share	1.735	1.700	1.360	1.040	1.000	0.960
Dividend Growth	20.07%	25.00%	30.77%	4.00%	4.17%	28.00%
Gross Margin	21.35%	21.53%	27.48%	29.13%	14.94%	14.63%
Operating Margin	16.49%	16.77%	22.87%	23.36%	8.82%	9.43%
Profit Margin	12.89%	13.04%	17.35%	17.46%	5.74%	6.41%
Free Cash Flow Margin	7.18%	9.91%	15.95%	6.51%	-2.20%	9.02%
Effective Tax Rate	23.25%	23.47%	22.81%	23.04%	19.64%	22.73%
EBITDA	3,635	3,717	5,480	4,581	1,106	1,317
EBITDA Margin	19.55%	19.78%	24.62%	24.89%	11.52%	12.58%
Depreciation & Amortization	445.36	437.8	384.2	347.65	325.79	321.08
EBIT	3,190	3,279	5,096	4,234	780.35	995.64
EBIT Margin	17.15%	17.45%	22.89%	23.00%	8.13%	9.51%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).