| Market cap | $20.23B |
|---|---|
| Enterprise value | $21.09B |
| Revenue | $18.596B |
|---|---|
| EBITDA | $3.185B |
| Income | $2.398B |
| Revenue Q/Q | -4.07% |
| Revenue Y/Y | -13.84% |
| P/E | 8.47 |
|---|---|
| Forward P/E | 15.21 |
| EV/Sales | 1.13 |
| EV/EBITDA | 6.62 |
| EV/EBIT | 6.61 |
| PEG | 10.91 |
| Price/Sales | 1.09 |
| P/FCF | 15.15 |
| Price/Book | 2.28 |
| Book/Share | 54.48 |
| Cash/Share | 13.04 |
| FCF yield | 6.60% |
| Volume | 933.478k / 1.411M |
|---|---|
| Relative vol. | 0.66 × |
| EPS | 14.68 |
|---|---|
| EPS Q/Q | 10.08% |
| Est. EPS Q/Q | -32.53% |
| Profit margin | 13.04% |
|---|---|
| Oper. margin | 16.49% |
| Gross margin | 21.53% |
| EBIT margin | 17.15% |
| EBITDA margin | 17.13% |
| Ret. on assets | 16.14% |
|---|---|
| Ret. on equity | 26.98% |
| ROIC | 22.51% |
| ROCE | 25.06% |
| Debt/Equity | 0.68 |
|---|---|
| Net debt/EBITDA | 1.29 |
| Current ratio | 2.87 |
| Quick ratio | 1.55 |
| Volatility | 2.66% |
|---|---|
| Beta | 0.91 |
| RSI | 42.94 |
|---|
| Insider ownership | 5.45% |
|---|---|
| Inst. ownership | 86.04% |
| Shares outst. | 157.133M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 4.27% |
| Short ratio | 3.14 |
| Dividend | $2.23 |
|---|---|
| Dividend yield | 1.79% |
| Payout ratio | 15.19% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 17 Jul 2024 |
Monday, 17 June 2024
|
|
| Steel Dynamics Stock Falls. Headwinds Are Mounting. | |
Saturday, 11 May 2024
|
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| Decoding Steel Dynamics Inc : A Strategic SWOT Insight | |
Wednesday, 17 April 2024
|
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| Buy U.S. Steel Stock. It Won’t Be Stuck in Deal Limbo Forever. | |
Tuesday, 26 March 2024
|
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| Steel Dynamics Inc's Dividend Analysis | |
Saturday, 9 March 2024
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| 10 Best Steel Stocks to Buy According to Analysts | |
Wednesday, 31 January 2024
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| Steel Producer Nucor Stock Firms Up Relative Strength Rating To 82 | |
Monday, 29 January 2024
|
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| Nucor's fourth-quarter sales, profit decline on lower pricing, volumes | |
Thursday, 25 January 2024
|
|
| Steel Dynamics, Inc. Q4 2023 Earnings Call Transcript | |
Wednesday, 24 January 2024
|
|
| Steel Dynamics Inc Reports Solid 2023 Financial Results Despite Market Challenges | |
Tuesday, 23 January 2024
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| Dow Jones Futures Rise As Netflix Jumps Late; Here Comes Tesla | |
| Dow Jones Futures: Market Holds Gains; Netflix Jumps Late With Tesla, ServiceNow Earnings Due | |
Tuesday, 9 January 2024
|
|
| Steel Dynamics Shows Fast-paced Momentum But Is Still a Bargain Stock | |
Wednesday, 3 January 2024
|
|
| 5E Advanced Materials Starts Operation at Boron Americas | |
Tuesday, 2 January 2024
|
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| Time to Buy Stock in These Steel Producers | |
| Steel Dynamics Rises As Market Takes a Dip: Key Facts | |
Sunday, 31 December 2023
|
|
| The American South Is Booming. Why Is Mississippi Left Behind? | |
Wednesday, 27 December 2023
|
|
| Universal Stainless Moves 7.4% Higher: Will This Strength Last? | |
Thursday, 21 December 2023
|
|
| Senior Vice President Glenn Pushis Sells 12,113 Shares of Steel Dynamics Inc | |
Tuesday, 19 December 2023
|
|
| Steel Dynamics Outperforms Broader Market: What You Need to Know | |
| U.S. Steel Stock Has Soared. These Shares Are Better Bets Now. | |
Monday, 18 December 2023
|
|
| U.S. Steel's $14.9-Billion Price Tag Keeps Fire Under Steel Stocks, But Why? | |
Friday, 15 December 2023
|
|
| Steel Dynamics Stock Jumps as Company Issues Strong Current Quarter Guidance | |
| Steel Dynamics, IBD Stock Of The Day, Breaks Out As Steel Prices Recover | |
| Midday Movers: Solar Stocks Surge After Analyst Comments, Costco Climbs on Earnings Beat | |
Friday, 1 December 2023
|
|
| Steel Dynamics Rises Yet Lags Behind Market: Some Facts Worth Knowing | |
Thursday, 19 October 2023
|
|
| Earnings Galore and How They Affect Several Portfolio Names | |
Monday, 2 October 2023
|
|
| Steel Dynamics Stock Earns Relative Strength Rating Upgrade; Hits Key Threshold | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Christopher A Graham Senior Vice President | Sale 15 May 2024 | $2,873,010 |
| Miguel Alvarez Senior Vice President | Option 30 Apr 2024 | $391,294 |
| Theresa E Wagler Executive Vice President and CFO | Option 21 Mar 2024 | $391,294 |
| Mark D Millett Chairman and CEO | Option 21 Mar 2024 | $1,959,996 |
| Christopher A Graham Senior Vice President | Option 21 Mar 2024 | $129,175 |
| Barry Schneider President and COO | Option 21 Mar 2024 | $54,994 |
| Gabriel Shaheen Director | Sale 6 Feb 2024 | $281,731 |
| James C Marcuccilli Director | Sale 19 Dec 2023 | $3,116,333 |
| Glenn Pushis Senior Vice President | Sale 19 Dec 2023 | $1,490,626 |
| Barry Schneider President and COO | Option 4 Dec 2023 | $336,344 |
| Glenn Pushis Senior Vice President | Option 28 Nov 2023 | $336,344 |
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Price target
Current $125.05
Average $35.00
Low $28
High $43
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +25.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.79% | Growth period | 13 years |
| Last dividend date | Yield 3 years | 1.54% | Growth 3 years | +19.35% | |
| Last dividend | Yield 5 years | 1.80% | Growth 5 years | +17.77% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Mark Millett (60) President, Chief Executive Officer, and Director since 2012 | 60 | 2012 | $10,615,100 |
| Mark D. Millett (61) Chairman, Co-Founder, CEO, and Pres | 61 | $4,904,094 | |
| Theresa Wagler (49) Chief Financial Officer, Executive Vice President, and Corporate Secretary since 2007 | 49 | 2007 | $4,417,780 |
| Russell Rinn (62) Executive Vice President - Metals Recycling since 2011 | 62 | 2011 | $3,394,040 |
| Glenn Pushis (54) Senior Vice President - Special Projects since 2019 | 54 | 2019 | $2,814,650 |
| Barry Schneider (51) Senior Vice President - Flat Roll Steel Group since 2016 | 51 | 2016 | $2,812,030 |
| Theresa E. Wagler (51) Exec. VP, CFO, and Company Sec. | 51 | $2,515,286 | |
| Russell B. Rinn (64) Exec. VP of Metals Recycling | 64 | $2,097,685 | |
| Christopher Graham (55) Senior Vice President - Long Products Steel Group since 2019 | 55 | 2019 | $2,031,800 |
| Glenn A. Pushis (55) Sr. VP of Special Projects | 55 | $1,697,470 | |
| Barry T. Schneider (52) Sr. VP of Flat Roll Steel Group | 52 | $1,697,066 | |
| Keith Busse (77) Non-Executive Chairman of the Board since 2012 | 77 | 2012 | $380,000 |
| James Marcuccilli (69) Lead Independent Director since 2011 | 69 | 2011 | $291,000 |
| Traci Dolan (62) Independent Director since 2012 | 62 | 2012 | $262,500 |
| Gabriel Shaheen (66) Independent Director since 2009 | 66 | 2009 | $262,000 |
| Bradley Seaman (60) Independent Director since 2013 | 60 | 2013 | $252,500 |
| Frank Byrne (67) Independent Director since 2005 | 67 | 2005 | $249,500 |
| Sheree Bargabos (64) Independent Director since 2018 | 64 | 2018 | $245,750 |
| Kenneth Cornew (55) Independent Director since 2016 | 55 | 2016 | $245,000 |
| Steven Sonnenberg (67) Independent Director since 2018 | 67 | 2018 | $243,500 |
| Richard Teets (64) Independent Director since 2016 | 64 | 2016 | $230,000 |
| Richard P. Teets Jr. (66) Co-Founder and Director | 66 | $100,000 | |
| James James (59) Vice President - Steel Fabrication and President - New Millennium Building Systems since 2019 | 59 | 2019 | |
| Miguel Alvarez (52) Senior Vice President - Southwest U.S and Mexico since 2019 | 52 | 2019 | |
| James S. Anderson (60) Sr. VP | 60 | ||
| Christopher A. Graham (57) Sr. VP of Long Products Steel Group | 57 | ||
| Jeff Hansen | |||
| Marlene Owen |
steel dynamics, inc. is unique among american steel companies. founded in 1993, sdi began production at its butler, in, flat roll mill in 1996. this state-of-the-art mill remains a world leader in its productivity and production of flat roll steel. finishing facilities at the butler mill and in jeffersonville, in, produce pickled, cold roll, galvanized, and painted flat roll steel. new millennium building systems, a steel fabrication business producing joists, girders, and decking for nonresidential construction projects, began operations in 2000, and today consists of 6 manufacturing facilities in the u.s. and mexico. sdi entered the steel long-products business in 2002, with the production of wide-flange beams at the company’s minimill in columbia city, in. in 2010, it was expanded to include production of standard rail, and in 2013 the capability for manufacturing premium rail was added. also in 2002, sdi acquired a steel mill near indianapolis to produce engineered bar steel and
- Materials > Steel
- Steel Dynamics Inc., 7575 West Jefferson Boulevard, Fort Wayne 46804, United States
- 260 969 3500
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +25.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 1.79% | Growth period | 13 years |
| Last dividend date | Yield 3 years | 1.54% | Growth 3 years | +19.35% | |
| Last dividend | Yield 5 years | 1.80% | Growth 5 years | +17.77% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $1,039.421 | $1,400.887 | |||
| Short term investments | $653.255 | $721.21 | |||
| Net receivables | $1,739.06 | $1,608.307 | |||
| Inventory | $3,027.143 | $2,894.632 | |||
| Total current assets | $6,597.436 | $6,787.826 | |||
| Long term investments | |||||
| Property, plant & equipment | $7,063.99 | $6,734.218 | |||
| Goodwill & intangible assets | $727.566 | $735.23 | |||
| Total noncurrent assets | $8,429.314 | $8,120.594 | |||
| Total investments | $653.255 | $721.21 | |||
| Total assets | $15,026.75 | $14,908.42 | |||
| Current liabilities | |||||
| Accounts payable | $1,183.593 | $1,088.33 | |||
| Deferred revenue | |||||
| Short long term debt | $425.696 | $459.987 | |||
| Total current liabilities | $2,298.664 | $2,332.296 | |||
| Long term debt | $2,612.246 | $2,611.069 | |||
| Total noncurrent liabilities | $3,680.327 | $3,736.597 | |||
| Total debt | $3,037.942 | $3,071.056 | |||
| Total liabilities | $5,978.991 | $6,068.893 | |||
| Stockholders' equity | |||||
| Retained earnings | $14,056.868 | $13,545.59 | |||
| Other stockholder equity | -$0.013 | $0.421 | |||
| Total stockholder equity | $9,072.408 | $8,866.666 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1,400.887 | $1,628.417 | ||
| Short term investments | $721.21 | $628.215 | ||
| Net receivables | $1,608.307 | $2,056.051 | ||
| Inventory | $2,894.632 | $3,129.964 | ||
| Total current assets | $6,787.826 | $7,638.018 | ||
| Long term investments | ||||
| Property, plant & equipment | $6,734.218 | $5,373.665 | ||
| Goodwill & intangible assets | $735.23 | $769.574 | ||
| Total noncurrent assets | $8,120.594 | $6,521.966 | ||
| Total investments | $721.21 | $628.215 | ||
| Total assets | $14,908.42 | $14,159.984 | ||
| Current liabilities | ||||
| Accounts payable | $1,088.33 | $1,017.238 | ||
| Deferred revenue | ||||
| Short long term debt | $459.987 | $57.334 | ||
| Total current liabilities | $2,332.296 | $2,032.296 | ||
| Long term debt | $2,611.069 | $3,013.241 | ||
| Total noncurrent liabilities | $3,736.597 | $4,031.883 | ||
| Total debt | $3,071.056 | $3,070.575 | ||
| Total liabilities | $6,068.893 | $6,064.179 | ||
| Stockholders' equity | ||||
| Retained earnings | $13,545.59 | $11,375.765 | ||
| Other stockholder equity | $0.421 | $0.889 | ||
| Total stockholder equity | $8,866.666 | $8,130.357 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $4,694.003 | $4,233.423 | |||
| Cost of revenue | $3,713.205 | $3,502.539 | |||
| Gross profit | $980.798 | $730.884 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $222.159 | $204.262 | |||
| Total operating expenses | $229.823 | $212.348 | |||
| Operating income | $750.975 | $518.536 | |||
| Income from continuing operations | |||||
| EBIT | $774.3 | $554.264 | |||
| Income tax expense | $178.281 | $115.199 | |||
| Interest expense | $11.978 | $14.795 | |||
| Net income | |||||
| Net income | $584.041 | $424.27 | |||
| Income (for common shares) | $584.041 | $424.27 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $18,795.316 | $22,260.774 | ||
| Cost of revenue | $14,749.433 | $16,142.943 | ||
| Gross profit | $4,045.883 | $6,117.831 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $860.654 | $998.172 | ||
| Total operating expenses | $894.702 | $1,026.009 | ||
| Operating income | $3,151.181 | $5,091.822 | ||
| Income from continuing operations | ||||
| EBIT | $3,278.977 | $5,095.789 | ||
| Income tax expense | $751.611 | $1,141.577 | ||
| Interest expense | $76.484 | $91.538 | ||
| Net income | ||||
| Net income | $2,450.882 | $3,862.674 | ||
| Income (for common shares) | $2,450.882 | $3,862.674 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $584.041 | $424.27 | |||
| Operating activities | |||||
| Depreciation | $115.252 | $111.722 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $15.612 | $21.944 | |||
| Total cash flows from operations | $355.217 | $864.64 | |||
| Investing activities | |||||
| Capital expenditures | -$374.31 | -$514.945 | |||
| Investments | $67.121 | -$219.703 | |||
| Total cash flows from investing | -$292.934 | -$734.788 | |||
| Financing activities | |||||
| Dividends paid | -$68.008 | -$69.483 | |||
| Sale and purchase of stock | -$298.059 | -$386.682 | |||
| Net borrowings | -$34.671 | -$25.561 | |||
| Total cash flows from financing | -$423.846 | -$494.376 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | -$361.563 | -$364.524 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $2,450.882 | $3,862.674 | ||
| Operating activities | ||||
| Depreciation | $437.804 | $384.202 | ||
| Business acquisitions & disposals | -$356.57 | |||
| Stock-based compensation | $61.744 | $59.24 | ||
| Total cash flows from operations | $3,519.928 | $4,460.403 | ||
| Investing activities | ||||
| Capital expenditures | -$1,657.905 | -$908.902 | ||
| Investments | -$90.751 | -$629.634 | ||
| Total cash flows from investing | -$1,970.249 | -$1,879.269 | ||
| Financing activities | ||||
| Dividends paid | -$271.317 | -$237.163 | ||
| Sale and purchase of stock | -$1,452.203 | -$1,800.905 | ||
| Net borrowings | -$1.889 | -$42.218 | ||
| Total cash flows from financing | -$1,777.134 | -$2,196.584 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$227.455 | $384.55 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Boston Common Asset Management |
-31.34%
|
45,712 | $5,920 |
| 2024 Q2 | Dnb Asset Management As |
+21.47%
|
56,602 | $7,329,959 |
| 2024 Q2 | Tandem Capital Management Corp adv |
-69.59%
|
1,610 | $200,316 |
| 2024 Q2 | Gamma Investing |
+27.01%
|
2,050 | $265,475 |
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
Opened
|
313 | $40,533 |
| 2024 Q2 | Stonehearth Capital Management |
+7.65%
|
2,560 | $331,514 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+16.56%
|
352 | $45,584 |
| 2024 Q2 | Versant Capital Management, Inc |
+29.23%
|
84 | $10,878 |
| 2024 Q1 | Fmr |
-9.61%
|
7,166,830 | $1,062,339,150 |
| 2024 Q1 | Invesco |
+28.33%
|
3,128,369 | $463,718,137 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Metatron Capital Sicav PLC | 126.29% | 198,451,226 | |
| Vanguard Group Inc | 13.11% | 20,603,418 | |
| Blackrock | 8.71% | 13,683,774 | |
| State Street Corp | 4.63% | 7,279,078 | |
| Fmr | 4.56% | 7,166,830 | |
| Dimensional Fund Advisors L.P. | 2.49% | 3,906,957 | |
| Royal London Asset Management Ltd | 2.35% | 3,690,858 | |
| Geode Capital Management | 2.33% | 3,667,810 | |
| Price T Rowe Associates Inc md/ | 2.29% | 3,604,492 | |
| Invesco | 1.99% | 3,128,369 |
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