← STEEL DYNAMICS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.8b | $9.5b | $11.8b | $10.5b | $9.6b | $18.4b | $21.5b | $18.8b | $17.5b | $18.2b | |
| Cost of Revenue | $6.4b | $8.0b | $9.5b | $8.9b | $8.2b | $13.0b | $16.1b | $14.7b | $14.7b | $15.8b | |
| Costs of goods sold | $6.4b | $8.0b | $9.5b | $8.9b | $8.2b | $13.0b | $16.1b | $14.7b | $14.7b | $15.8b | |
| Gross Profit | $1.3b | $1.6b | $2.3b | $1.5b | $1.4b | $5.4b | $6.1b | $4.0b | $2.8b | $2.4b | |
| Operating Income (Loss) | $728.0m | $1.1b | $1.7b | $986.9m | $847.1m | $4.3b | $5.1b | $3.2b | $1.9b | $1.5b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $28.8m | $29.2m | $27.8m | $29.6m | $29.0m | $29.2m | $27.8m | $34.0m | $30.5m | $27.9m | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | $3.2b | $2.0b | $1.5b | |
| Investment Income, Interest | — | — | — | — | — | — | — | $111.9m | $90.1m | $36.8m | |
| Profit sharing | $71.3m | $91.3m | $156.0m | $78.0m | $61.7m | $388.1m | $452.6m | $272.0m | $164.9m | $123.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $564.1m | $935.2m | $1.6b | $875.3m | $705.5m | $4.2b | $5.0b | $3.2b | $2.0b | $1.5b | |
| Total net sales | $7.8b | $9.5b | $11.8b | $10.5b | $9.6b | $18.4b | $22.3b | $18.8b | $17.5b | $18.2b | |
| Income before income taxes | $564.1m | $935.2m | $1.6b | $875.3m | $705.5m | $4.2b | $5.0b | $3.2b | $2.0b | $1.5b | |
| Net Income (Loss) Attributable to Parent | $382.1m | $812.7m | $1.3b | $671.1m | $550.8m | $3.2b | $3.9b | $2.5b | $1.5b | $1.2b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $382.1m | $812.7m | $1.3b | $671.1m | $550.8m | $3.2b | $3.9b | $2.5b | $1.5b | $1.2b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($22.1m) | ($6.9m) | ($2.6m) | $6.8m | $20.0m | $32.7m | $16.8m | $16.4m | $12.8m | $1.7m | |
| Net income attributable to noncontrolling interests | $22.1m | $6.9m | $2.6m | ($6.8m) | ($20.0m) | ($32.7m) | ($16.8m) | ($16.4m) | ($12.8m) | ($1.7m) | |
| Common Stock, Dividends, Per Share, Declared | $0.56 | $0.62 | $0.75 | $0.96 | $1.00 | $1.04 | $1.36 | $1.70 | $1.84 | $2.00 | |
| Earnings Per Share, Basic | $1.57 | $3.38 | $5.38 | $3.06 | $2.61 | $15.67 | $21.06 | $14.72 | $9.89 | $8.02 | |
| Earnings Per Share, Diluted | $1.56 | $3.36 | $5.35 | $3.04 | $2.59 | $15.56 | $20.92 | $14.64 | $9.84 | $7.99 | |
| Weighted Average Number of Shares Outstanding, Basic | 243.6m | 240.1m | 233.9m | 219.6m | 211.1m | 205.1m | 183.4m | 166.6m | 155.4m | 147.8m | |
| Weighted average common shares and share equivalents outstanding (in shares) | 245.3m | 241.8m | 235.2m | 220.7m | 212.3m | 206.6m | 184.6m | 167.4m | 156.1m | 148.4m | |
| Weighted average common shares outstanding (in shares) | 243.6m | 240.1m | 233.9m | 219.6m | 211.1m | 205.1m | 183.4m | 166.6m | 155.4m | 147.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 245.3m | 241.8m | 235.2m | 220.7m | 212.3m | 206.6m | 184.6m | 167.4m | 156.1m | 148.4m | |
| Current Income Tax Expense (Benefit) | $153.2m | $269.4m | $304.7m | $149.1m | $88.9m | $643.6m | $1.1b | $695.9m | $475.5m | $210.4m | |
| Income tax expense | $204.1m | $129.4m | $364.0m | $197.4m | $134.7m | $962.3m | $1.1b | $751.6m | $432.9m | $305.7m | |
| Interest Expense | $146.0m | $134.4m | $126.6m | $127.1m | $94.9m | $57.2m | $91.5m | $76.5m | $56.3m | $70.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $56.3m | $70.0m | |
| Interest expense, net of capitalized interest | $146.0m | $134.4m | $126.6m | $127.1m | $94.9m | $57.2m | $91.5m | $76.5m | $56.3m | $70.0m | |
| Other (income) expense, net | $17.8m | ($2.8m) | ($24.0m) | ($15.6m) | $46.8m | $34.8m | ($20.8m) | ($144.2m) | ($96.2m) | ($87.0m) | |
| Other Nonoperating Income (Expense) | ($17.8m) | $2.8m | $24.0m | $15.6m | ($46.8m) | ($34.8m) | $20.8m | $144.2m | $96.2m | $87.0m | |
| Selling, General and Administrative Expense | $474.1m | $515.1m | $600.4m | $436.5m | $477.4m | $644.0m | $545.6m | $588.6m | $664.1m | $765.3m | |
| Selling, general and administrative expenses | $374.0m | $394.6m | $416.6m | $436.5m | $477.4m | $644.0m | $545.6m | $588.6m | $664.1m | $765.3m | |
| Income Tax Expense (Benefit) | $204.1m | $129.4m | $364.0m | $197.4m | $134.7m | $962.3m | $1.1b | $751.6m | $432.9m | $305.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.