Steel Dynamics, Inc. logo STLD - Steel Dynamics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 15
HOLD 11
SELL 1
STRONG
SELL
0
| PRICE TARGET: $209.40 DETAILS
HIGH: $270.00
LOW: $190.00
MEDIAN: $190.00
CONSENSUS: $209.40
DOWNSIDE: 12.76%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 18,176.6 17,540.4 18,795.3 22,260.8 18,408.8 9,601.5 10,465.0 11,821.8 9,538.8 7,777.1 7,594.4 8,756.0 7,372.9 7,290.2 7,997.5 6,300.9 3,958.8 8,080.5 4,384.5 3,238.8 2,184.9 2,144.9 987.2 864.5 607.0 692.6 618.8 514.8 420.1 252.6 0.1
Cost of Revenue 15,812.3 14,737.8 14,749.4 16,142.9 13,046.4 8,166.8 8,934.0 9,499.0 7,956.8 6,442.2 6,862.7 7,789.7 6,653.8 6,570.3 7,066.0 5,625.2 3,559.7 6,849.3 3,468.9 2,408.8 1,699.7 1,541.4 827.3 638.9 522.9 533.9 448.3 398.3 306.4 201.2 2.3
Gross Profit 2,364.3 2,802.6 4,045.9 6,117.8 5,362.4 1,434.7 1,531.0 2,322.8 1,582.0 1,334.9 731.7 966.2 719.1 719.9 931.5 675.7 399.1 1,231.3 915.7 830.0 485.1 603.5 160.0 225.6 84.1 158.7 170.5 116.5 113.7 51.4 (2.2)
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 888.3 664.1 588.6 545.6 644.0 477.4 436.5 416.6 394.6 374.0 328.8 317.3 272.8 257.9 263.6 227.0 226.0 276.6 224.5 170.9 92.0 96.6 63.4 67.3 58.1 53.3 42.4 20.6 24.4 13.8 13.6
Other Expenses 0 195.4 306.1 480.4 417.3 110.1 107.6 183.8 120.5 232.9 475.7 328.6 59.8 70.8 83.1 83.9 53.6 108.3 0 0 0 0 0 0 0 0 39.3 30.7 24.1 19.4 0.9
Operating Expenses 888.3 859.5 894.7 1,026.0 1,061.3 587.6 544.1 600.4 515.1 606.9 804.5 645.9 332.6 328.7 346.7 310.9 279.5 384.9 224.5 170.9 92.0 96.6 63.4 67.3 58.1 53.3 81.7 51.3 48.5 33.2 14.5
Operating Income
Operating Income 1,476.0 1,943.0 3,151.2 5,091.8 4,301.1 847.1 986.9 1,722.4 1,066.9 728.0 (72.8) 320.3 386.5 391.2 584.8 364.8 119.5 855.2 691.2 659.1 393.2 506.9 96.6 163.9 25.9 105.4 88.8 65.2 65.2 18.2 (16.7)
Interest Expense 70.0 56.3 76.5 91.5 57.2 94.9 127.1 126.6 134.4 146.0 153.9 137.3 127.7 158.6 177.0 170.2 141.4 144.6 55.4 32.1 34.3 38.9 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 4.6 4.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,114.4 2,518.1 3,733.2 5,496.8 4,613.9 1,126.1 1,323.5 2,063.6 1,368.6 1,006.3 206.4 565.4 621.5 587.9 823.9 608.4 344.5 1,088.3 829.3 773.9 485.0 591.7 151.7 217.8 72.7 150.8 128.1 95.9 89.3 37.6 (15.8)
EBIT 1,563.0 2,039.2 3,295.4 5,112.6 4,266.3 800.4 1,002.4 1,746.4 1,069.6 710.2 (88.2) 302.1 390.6 362.7 601.3 383.7 123.1 879.5 691.2 659.1 393.2 506.9 82.6 158.4 25.9 105.4 88.8 65.2 65.2 18.2 (16.7)
Income Before Tax 1,493.0 1,982.9 3,218.9 5,021.1 4,209.1 705.5 875.3 1,619.8 935.2 564.1 (242.1) 164.8 262.8 204.1 424.3 213.5 (18.2) 743.8 630.2 631.6 360.6 475.0 75.4 130.0 5.1 84.5 65.2 52.6 59.4 20.1 (19.3)
Income Tax Expense 305.7 432.9 751.6 1,141.6 962.3 134.7 197.4 364.0 129.4 204.1 (96.9) 73.2 99.3 61.8 158.6 83.9 (7.2) 280.4 235.7 234.8 138.8 179.7 28.3 48.7 2.0 30.7 25.8 20.9 7.8 28.1 3.2
Net Income 1,185.6 1,537.1 2,450.9 3,862.7 3,214.1 550.8 671.1 1,258.4 812.7 382.1 (130.3) 157.0 189.3 163.6 278.1 140.7 (8.2) 463.4 394.6 396.7 221.8 295.3 47.1 77.9 3.1 53.8 39.4 31.7 44 (9.9) (19.9)
Per Share Data
EPS (Basic) 8.02 9.89 14.72 21.06 15.67 2.61 3.06 5.38 3.38 1.57 -0.54 0.68 0.86 0.75 1.27 0.65 -0.04 2.45 2.12 2.11 1.25 1.50 0.25 0.41 0.02 0.29 0.21 0.16 0.23 -0.07 -0.15
EPS (Diluted) 7.99 9.84 14.64 20.92 15.56 2.59 3.04 5.35 3.36 1.56 -0.54 0.67 0.83 0.73 1.22 0.64 -0.04 2.38 2.01 1.89 1.09 1.32 0.23 0.41 0.02 0.29 0.21 0.16 0.23 -0.07 -0.15
Shares Outstanding 147.8 155.4 166.6 183.4 205.1 211.1 219.6 233.9 240.1 243.6 241.3 232.5 220.9 219.2 218.5 216.8 200.7 189.1 186.3 187.9 178.5 197.1 191.3 188.6 182.6 187.3 191.7 193.8 193.4 138.3 128.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 769.9 589.5 1,400.9 1,628.4 1,243.9 1,368.6 1,381.5 828.2 1,028.6 841.5 9.0 16.2 16.3 65.4 24.2 78.2 10.2 16.6 5.2 8.6 57.5 6.9
Short-Term Investments 0 147.8 721.2 628.2 0 0 262.2 228.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,682.7 1,417.2 1,608.3 2,056.1 1,916.4 971.9 844.3 1,043.8 868.8 729.8 563.6 539.3 253.9 126.0 118.5 81.9 103.0 86.6 65.9 44.7 32.5 0.1
Inventory 3,738.5 3,113.7 2,894.6 3,130.0 3,531.1 1,843.5 1,689.0 1,859.2 1,519.3 1,275.2 852.8 1,023.2 381.5 184.5 153.2 118.4 106.7 106.7 126.7 60.2 65.9 13.6
Other Current Assets 293.1 163.1 162.8 195.4 209.6 74.4 76.0 72.7 91.5 83.2 31.3 131.1 25.8 32.0 15.0 33.7 22.7 15.9 24.9 21.8 1.5 1.6
Total Current Assets 6,484.2 5,431.3 6,787.8 7,638.0 6,901.0 4,258.4 4,253.0 4,032.7 3,508.3 2,929.7 1,456.8 1,716.7 677.5 407.9 310.9 312.2 242.6 225.8 222.7 135.3 157.4 22.2
Non-Current Assets
Property, Plant & Equipment 8,569.5 8,118.0 6,734.2 5,373.7 4,751.4 4,105.6 3,135.9 2,945.8 2,675.9 2,787.2 2,254.1 2,072.9 1,024.0 1,001.1 929.3 852.1 807.3 742.8 655.9 491.9 339.3 274.2
Goodwill 477.5 477.5 477.5 502.1 453.8 457.2 452.9 429.6 386.9 393.4 758.3 770.4 0 0 0 0 0 0 0 0 0 0
Intangible Assets 331.3 227.2 257.8 267.5 295.3 324.6 327.9 270.3 256.9 284.0 533.5 616.5 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 550.5 681.2 651.1 378.7 129.6 119.7 106.0 25.2 27.7 29.5 127.2 85.6 32.1 39.4 35.5 15.8 17.1 23 28.9 13.7 25.6 24.3
Total Non-Current Assets 9,928.7 9,503.9 8,120.6 6,522.0 5,630.2 5,007.1 4,022.7 3,670.9 3,347.4 3,494.1 3,673.1 3,543.7 1,056.1 1,040.5 964.8 867.9 824.5 765.8 684.8 505.6 364.9 298.5
Total Assets 16,412.9 14,935.2 14,908.4 14,160.0 12,531.2 9,265.6 8,275.8 7,703.6 6,855.7 6,423.7 5,129.9 5,253.6 1,733.6 1,448.4 1,275.7 1,180.1 1,067.1 991.6 907.5 640.9 522.3 320.7
Current Liabilities
Account Payables 1,231.4 979.9 1,088.3 1,017.2 1,280.6 769.5 513.3 550.8 489.4 395.2 262.3 263.4 141.9 79.3 46.2 41.3 28.0 37.6 34.5 54.7 41.2 27.9
Short-Term Debt 34.7 427.0 460.0 57.3 97.2 86.9 89.4 24.2 28.8 3.6 168.2 431.2 6.8 16.0 11.9 46.0 17.0 8 6.9 6.1 11.2 2.1
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 788.9 (19.9) 0 0 0 0 0 0 0 0 43.3 0 0 0 0 0 31.7 25 19.2 15.7 9.2 6.7
Total Current Liabilities 2,122.3 2,150.6 2,332.3 2,032.3 2,227.4 1,258.8 1,006.7 1,019.1 868.5 712.8 595.6 971.0 233.2 153.3 113.5 118.1 76.7 70.6 60.6 76.5 61.6 36.7
Non-Current Liabilities
Long-Term Debt 4,176.5 2,804.0 2,611.1 3,013.2 3,008.7 3,015.8 2,645.0 2,352.5 2,353.1 2,353.2 2,054.6 2,219.2 441.6 591.6 543.5 553.9 515.5 498 477 213.4 196.2 221
Deferred Tax Liabilities 997.4 902.2 944.8 889.1 854.9 536.3 484.2 435.8 305.9 448.4 416.5 365.5 209.2 115.7 70.3 62.8 52.0 29.8 18.8 13.4 0 0
Other Non-Current Liabilities 186.2 38.8 180.8 129.5 120.1 106.5 75.1 8.9 21.8 20.6 60.0 65.6 0 0 22.0 22.0 0 0 0 0 (0.1) 0
Total Non-Current Liabilities 5,360.2 3,839.4 3,736.6 4,031.9 3,983.7 3,658.5 3,204.2 2,797.2 2,680.9 2,822.2 2,531.0 2,650.3 650.8 707.3 635.9 638.6 567.5 527.8 495.8 226.8 196.1 221
Total Liabilities 7,482.4 5,990.0 6,068.9 6,064.2 6,211.1 4,917.3 4,210.9 3,816.3 3,549.4 3,535.0 3,126.6 3,621.3 884.0 860.6 749.4 756.8 644.2 598.4 556.4 303.3 257.7 257.7
Stockholders' Equity
Common Stock 0.7 0.7 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0 0 0 0
Retained Earnings 15,689.0 14,798.1 13,545.6 11,375.8 7,761.4 4,759.0 4,419.3 3,958.3 2,874.7 2,210.5 1,745.5 1,820.4 540.2 257.3 210.1 132.2 129.1 75.3 35.9 4.2 (39.8) (29.9)
Accumulated Other Comprehensive Income (0.6) 0 0.4 0.9 (2.1) 1.9 (0.0) 0.3 0 0 0 (1.4) 0 (4.2) (7.1) (5.4) 0 0 0 0 0 0
Total Stockholders' Equity 8,957.2 8,934.3 8,866.7 8,130.4 6,304.6 4,345.2 4,075.8 3,935.1 3,351.6 2,927.0 1,988.3 1,623.9 847.1 587.2 521.7 418.6 418.8 391.4 351.1 337.6 264.6 63
Total Liabilities & Equity 16,412.9 14,935.2 14,908.4 14,160.0 12,531.2 9,265.6 8,275.8 7,703.6 6,855.7 6,423.7 5,129.9 5,253.6 1,733.6 1,448.4 1,275.7 1,180.1 1,067.1 991.6 907.5 640.9 522.3 320.7
Debt Metrics
Total Debt 4,211.2 3,345.3 3,071.1 3,070.6 3,105.9 3,102.7 2,734.3 2,376.7 2,381.9 2,356.8 2,222.8 2,650.4 448.4 607.6 555.5 599.9 532.5 506 483.9 219.5 207.4 223.1
Net Debt 3,441.3 2,755.9 1,670.2 1,442.2 1,862.0 1,734.1 1,352.9 1,548.5 1,353.3 1,515.3 2,213.7 2,634.2 432.0 542.1 531.2 521.7 522.3 489.4 478.7 210.9 149.9 216.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income 1,185.6 1,550.0 2,450.9 3,879.5 3,246.8 570.8 677.9 1,255.8 805.8 360.0 221.8 295.3 47.1 77.9 3.1 53.8 39.4 31.7 51.6 (2.6) (19.9)
Depreciation & Amortization 551.4 478.9 437.8 384.2 347.7 325.8 321.1 317.2 299.0 296.1 91.9 84.7 69.1 59.4 46.8 45.4 39.3 30.7 24.1 19.4 0.9
Stock-Based Compensation 0 66.6 61.7 59.2 57.7 55.6 47.6 43.3 36.2 31.7 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (442.3) (202.9) 517.1 102.1 (1,766.8) (63.4) 296.5 (261.4) (279.6) (42.4) (24.3) (242.2) (2.7) (53.3) 17.7 (19.3) 19.1 (123.5) 13.1 (68.1) (3.3)
Other Non-Cash Items 60.5 (5.5) (3.3) (1.8) (3.2) 50.4 1.4 (1.2) 14.1 153.5 (0.8) 2.7 (14.8) 5.5 0.7 2.4 1.9 0 0.2 (0.3) 3.3
Operating Cash Flow 1,449.5 1,844.5 3,519.9 4,460.4 2,204.1 987.0 1,396.3 1,415.5 739.6 852.8 310.8 247.9 127.6 115.0 67.4 102.8 114.8 (51.1) 85.7 (51.6) (19)
Investing Activities
Capital Expenditure (948.0) (1,868.0) (1,657.9) (908.9) (1,006.2) (1,198.1) (451.9) (239.4) (164.9) (198.2) (63.4) (102.0) (137.3) (142.6) (90.7) (110.4) (126.7) (194.1) (175.2) (83.7) (224.4)
Acquisitions (175.8) 0 0 (134.1) 0 (60.0) (97.1) (434.0) (6.2) (123.4) 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (39.6) (739.3) (1,145.5) (1,150.1) 0 (149.4) (396.2) (268.8) 0 0 0 0 0 0 0 0 0 0 0 (7) 0
Sales/Maturities of Investments 187.0 1,312.3 1,054.7 297.9 0 411.5 362.8 40 0 0 0 0 0 0 0 0 0 0 0 8.6 0
Other Investing Activities 1.4 (8.3) (221.6) 15.8 6.8 2.6 5.8 6.9 32.0 8.6 1.3 0.1 (8.1) 8.8 0.0 1.0 0.4 (2.9) 0 (1) 19.5
Investing Cash Flow (975.0) (1,303.4) (1,970.2) (1,879.3) (999.4) (993.3) (576.7) (895.3) (139.1) (312.9) (62.0) (102.0) (145.3) (133.8) (90.7) (109.4) (126.3) (197) (175.2) (83.1) (204.9)
Financing Activities
Net Debt Issuance 985.8 158.9 (1.9) (42.2) (5.4) 345.8 309.8 (9.9) 10.1 (255.1) (7.8) (159.2) 47.8 (22.5) 89.4 26.6 22 264.3 12.1 (22.5) 188.4
Stock Repurchased (900.9) (1,212.2) (1,452.2) (1,800.9) (1,060.6) (106.5) (348.6) (523.6) (252.2) (25.0) (186.8) (55.2) 0 (0.0) 0 (26.9) 0 (18.4) (1.2) 0 0
Dividends Paid (291.2) (282.6) (271.3) (237.2) (213.0) (209.2) (200.3) (168.9) (145.6) (135.8) (18.3) (7.5) 0 0 0 0 0 0 0 0 0
Other Financing Activities (88.1) (16.7) (51.7) (116.3) (50.4) (37.1) (27.6) (18.5) (25.7) (9.5) (2.1) (1.1) (4.4) (17.7) 0 0 0 (1.4) (0.5) (3.5) (1.1)
Financing Cash Flow (294.3) (1,352.6) (1,777.1) (2,196.6) (1,329.5) (7.0) (266.6) (720.9) (413.3) (425.4) (199.5) (195.0) 59.0 (35.3) 91.4 0.2 22.9 244.7 40.7 185.4 202.6
Cash Position
Net Change in Cash 180.4 (811.5) (227.5) 384.6 (124.8) (13.3) 553.0 (200.7) 187.2 114.5 49.2 (49.1) 41.2 (54.0) 68.1 (6.4) 11.4 244.7 40.7 185.4 202.6
Cash at Beginning 589.5 1,406.5 1,633.9 1,249.4 1,374.1 1,387.4 834.4 1,035.1 841.5 727.0 16.3 65.4 24.2 78.2 10.2 16.6 5.2 8.6 57.5 6.9 28.1
Cash at End 769.9 595.0 1,406.5 1,633.9 1,249.4 1,374.1 1,387.4 834.4 1,028.6 841.5 65.5 16.3 65.4 24.2 78.2 10.2 16.6 253.3 98.2 192.3 230.7
Free Cash Flow 501.5 (23.5) 1,862.0 3,551.5 1,197.9 (211.0) 944.3 1,176.1 574.7 654.6 247.4 145.9 (9.7) (27.6) (23.3) (7.6) (11.9) (245.2) (89.5) (135.3) (243.4)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 18,176.6 17,540.4 18,795.3 22,260.8 18,408.8 9,601.5 10,465.0 11,821.8 9,538.8 7,777.1 7,594.4 8,756.0 7,372.9 7,290.2 7,997.5 6,300.9 3,958.8 8,080.5 4,384.5 3,238.8 2,184.9 2,144.9 987.2 864.5 607.0 692.6 618.8 514.8 420.1 252.6 0.1
Gross Profit 2,364.3 2,802.6 4,045.9 6,117.8 5,362.4 1,434.7 1,531.0 2,322.8 1,582.0 1,334.9 731.7 966.2 719.1 719.9 931.5 675.7 399.1 1,231.3 915.7 830.0 485.1 603.5 160.0 225.6 84.1 158.7 170.5 116.5 113.7 51.4 (2.2)
Operating Income 1,476.0 1,943.0 3,151.2 5,091.8 4,301.1 847.1 986.9 1,722.4 1,066.9 728.0 (72.8) 320.3 386.5 391.2 584.8 364.8 119.5 855.2 691.2 659.1 393.2 506.9 96.6 163.9 25.9 105.4 88.8 65.2 65.2 18.2 (16.7)
Net Income 1,185.6 1,537.1 2,450.9 3,862.7 3,214.1 550.8 671.1 1,258.4 812.7 382.1 (130.3) 157.0 189.3 163.6 278.1 140.7 (8.2) 463.4 394.6 396.7 221.8 295.3 47.1 77.9 3.1 53.8 39.4 31.7 44 (9.9) (19.9)
EPS (Diluted) 7.99 9.84 14.64 20.92 15.56 2.59 3.04 5.35 3.36 1.56 -0.54 0.67 0.83 0.73 1.22 0.64 -0.04 2.38 2.01 1.89 1.09 1.32 0.23 0.41 0.02 0.29 0.21 0.16 0.23 -0.07 -0.15
Balance Sheet
Cash & Equivalents 769.9 589.5 1,400.9 1,628.4 1,243.9 1,368.6 1,381.5 828.2 1,028.6 841.5 9.0 16.2 16.3 65.4 24.2 78.2 10.2 16.6 5.2 8.6 57.5 6.9
Total Assets 16,412.9 14,935.2 14,908.4 14,160.0 12,531.2 9,265.6 8,275.8 7,703.6 6,855.7 6,423.7 5,129.9 5,253.6 1,733.6 1,448.4 1,275.7 1,180.1 1,067.1 991.6 907.5 640.9 522.3 320.7
Total Debt 4,211.2 3,345.3 3,071.1 3,070.6 3,105.9 3,102.7 2,734.3 2,376.7 2,381.9 2,356.8 2,222.8 2,650.4 448.4 607.6 555.5 599.9 532.5 506 483.9 219.5 207.4 223.1
Stockholders' Equity 8,957.2 8,934.3 8,866.7 8,130.4 6,304.6 4,345.2 4,075.8 3,935.1 3,351.6 2,927.0 1,988.3 1,623.9 847.1 587.2 521.7 418.6 418.8 391.4 351.1 337.6 264.6 63
Cash Flow
Operating Cash Flow 1,449.5 1,844.5 3,519.9 4,460.4 2,204.1 987.0 1,396.3 1,415.5 739.6 852.8 310.8 247.9 127.6 115.0 67.4 102.8 114.8 (51.1) 85.7 (51.6) (19)
Capital Expenditure (948.0) (1,868.0) (1,657.9) (908.9) (1,006.2) (1,198.1) (451.9) (239.4) (164.9) (198.2) (63.4) (102.0) (137.3) (142.6) (90.7) (110.4) (126.7) (194.1) (175.2) (83.7) (224.4)
Free Cash Flow 501.5 (23.5) 1,862.0 3,551.5 1,197.9 (211.0) 944.3 1,176.1 574.7 654.6 247.4 145.9 (9.7) (27.6) (23.3) (7.6) (11.9) (245.2) (89.5) (135.3) (243.4)