- Steel
- Basic Materials
-
12.84
EPS
-
9.30
P/E
-
18.8B
MARKET CAP
-
1.48%
DIV YIELD
Company Overview
7575 W JEFFERSON BLVD,FORT WAYNE IN 46804,260 459 3553
CEO
Mr. Mark D. Millett
Employess
12600
Sector
Basic Materials
Industry
Steel
Website
https://stld.steeldynamics.com
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
Next Earnings Date
Oct. 16, 2024
Ex Dividends date
Jul. 12, 2024
Dividend Date
June 28, 2024
YTD Performance
0.44%
Fiscal Year End
12-31
IPO Date
1996-11-22
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 9.81% | 9.72% | 25.09% | -15.57% |
EPS | 32.84% | 22.30% | 78.00% | -30.10% |
Equity | 13.28% | 17.64% | 26.84% | 9.06% |
Cash | 13.49% | 11.08% | 0.78% | -13.97% |
Return On Capital (ROIC) | 15.91% | 22.19% | 30.18% | 20.16% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 481 | 57.3 | 97.2 | 86.9 | 89.4 |
Long Term Debt | 2,610 | 3,010 | 3,010 | 3,020 | 2,640 |
LT Finance Leases | 107 | 91.8 | 82.3 | 72.6 | 57.9 |
Shares Outstanding | 167 | 183 | 205 | 211 | 220 |
Market Cap | 19,700 | 17,900 | 12,700 | 7,780 | 7,480 |
Price
News
Steel Dynamics Can Benefit From Demand Bottoming
2 monthsSteel Dynamics shares have pulled back over 10% from their high due to concerns about the economy, but Q2 results show potential for a bottom. Supported by government programs, potential rate cuts, and low channel inventories, steel demand may inflect higher and boost H2 results. Steel Dynamics' aluminum plant is expected to significantly increase earnings power, leading to a swing in free cash flow and enable ongoing buybacks to push shares higher.
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investorplace.comSteel Dynamics, Inc. (STLD) Q2 2024 Earnings Call Transcript
2 monthsSteel Dynamics, Inc. (NASDAQ:STLD ) Q2 2024 Earnings Conference Call July 18, 2024 11:00 AM ET Company Participants David Lipschitz - Director, IR Mark Millett - Chairman & CEO Theresa Wagler - EVP & CFO Barry Schneider - President & COO Conference Call Participants Carlos De Alba - Morgan Stanley Martin Englert - Seaport Research Partners Tristan Gresser - BNP Paribas Exane Timna Tanners - Wolfe Research Katja Jancic - BMO Andrew Keches - Barclays Bill Peterson - JPMorgan Alex Hacking - Citi Investment Research John Tumazos - Very Independent Research Chris LaFemina - Jefferies Operator Good day and welcome to the Steel Dynamics Second Quarter 2024 Earnings Conference call. At this time, all participants are in a listen-only mode.
seekingalpha.comSteel Dynamics (STLD) Q2 Earnings and Sales Beat Estimates
2 monthsSteel Dynamics (STLD) tops earnings and sales estimates in the second quarter. It sees strong market conditions for domestic steel consumption in the second half of 2024.
zacks.comCompared to Estimates, Steel Dynamics (STLD) Q2 Earnings: A Look at Key Metrics
2 monthsAlthough the revenue and EPS for Steel Dynamics (STLD) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.comSteel Dynamics (STLD) Q2 Earnings and Revenues Surpass Estimates
2 monthsSteel Dynamics (STLD) came out with quarterly earnings of $2.72 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $4.81 per share a year ago.
zacks.comSteel Dynamics Reports Second Quarter 2024 Results
2 monthsFORT WAYNE, Ind. , July 17, 2024 /PRNewswire/ -- Second Quarter 2024 Performance Highlights: Steel shipments of 3.2 million tons Net sales of $4.6 billion, operating income of $559 million, net income of $428 million, and adjusted EBITDA of $686 million Cash flow from operations of $383 million Strong liquidity of $2.7 billion as of June 30, 2024 Share repurchases of $309 million of the company's common stock, representing 1.5 percent of its outstanding shares Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced second quarter 2024 financial results.
prnewswire.comCountdown to Steel Dynamics (STLD) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
2 monthsEvaluate the expected performance of Steel Dynamics (STLD) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.comSteel Dynamics (STLD) to Post Q2 Earnings: What's in the Offing?
2 monthsSteel Dynamics' (STLD) Q2 results are likely to have been impacted by lower profitability in steel operations.
zacks.comAnalysts Estimate Steel Dynamics (STLD) to Report a Decline in Earnings: What to Look Out for
2 monthsSteel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comSteel Dynamics Announces Second Quarter 2024 Earnings Conference Call and Webcast
2 monthsFORT WAYNE, Ind. , July 9, 2024 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2024 financial results after market close on Wednesday, July 17, 2024.
prnewswire.comSteel Dynamics (STLD) Declares Completion of Note Offering
2 monthsThis transaction marks an important component of Steel Dynamics' (STLD) long-term plan to establish a solid capital foundation to support its team, customers, shareholders and future growth.
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