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STLD

109.55USD+4.42(+4.20%)Market Closed

Steel Dynamics Inc

Market Summary

USD109.55+4.42Market Closed
4.20%

STLD Alerts

STLD Stock Price

RSI Chart

Valuation

Market Cap

16.7B

Price/Earnings

3.77

Price/Sales

0.73

Price/Cashflow

4.13

MarketCap/EBT

2.94

Price/Sales

Profitability

EBT Margin

24.93%

Return on Equity

56.91%

Return on Assets

31.45%

Fundamentals

Revenue

Revenue (TTM)

22.7B

Revenue Y/Y

11.07%

Revenue Q/Q

-9.03%

Earnings

Earnings (TTM)

4.4B

Earnings Y/Y

70.55%

Earnings Q/Q

9.69%

Price Action

52 Week Range

106.78
(Low)(High)

Last 7 days

5.4%

Last 30 days

18.6%

Last 90 days

40.6%

Trailing 12 Months

86.3%

Financial Health

Current Ratio

3.67

Debt/Equity

0.41

Debt/Cashflow

1.02

Investor Care

Dividend Yield

1.36%

Dividend/Share (TTM)

1.28

Buy Backs (1Y)

11.53%

Diluted EPS (TTM)

22.59

Peers (Alternatives to Steel Dynamics)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
46.0B
23.2B
29.70% 10.31%
7.64
1.9
9.49% 68.52%
36.4B
10.1B
30.36% 12.48%
12.43
3.44
-3.92% 4.47%
35.3B
43.2B
19.79% 45.14%
3.9
0.82
37.52% 72.87%
34.0B
12.1B
23.12% -6.32%
42.95
2.75
-0.88% -50.79%
16.7B
22.7B
18.61% 86.27%
3.77
0.73
44.88% 204.22%
MID-CAP
6.9B
23.3B
34.15% -18.43%
2.84
0.3
34.21% 13.11%
5.4B
8.5B
14.45% 56.51%
4.97
0.63
39.76% 229.07%
4.9B
22.3B
39.82% 21.90%
1.42
0.22
29.82% 8.40%
3.9B
3.3B
18.19% 113.44%
328.83
1.18
28.06% 100.96%
2.3B
5.2B
20.39% 15.27%
6.11
0.44
65.30% -47.58%
SMALL-CAP
1.7B
2.0B
21.05% 52.35%
-42.38
0.89
30.58% 79.12%
802.0M
1.4B
16.38% 32.76%
3.67
0.55
42.41% 489.76%
597.6M
490.5M
8.56% 24.64%
19.09
1.35
45.25% 619.26%
569.6M
1.8B
16.84% 40.61%
6.85
0.34
30.20% 295.33%
66.4M
189.1M
3.19% -12.55%
-11.12
0.35
31.32% 7.18%

Financials for Steel Dynamics

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.5%22,74522,18220,43418,40915,699
Gross Profit-1.9%6,8927,0286,3455,3624,043
Earnings Before Taxes-1.6%5,6715,7665,1004,2093,021
Net Income12.8%4,4183,9153,2472,348
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.5%14,04813,71113,05712,53111,536
  Current Assets0.7%7,8137,7567,1506,9015,988
    Cash Equivalents41.6%1,4261,0071,1901,2441,096
  Inventory-7.4%3,3773,6473,5173,5312,895
  Net PPE5.3%5,1474,8874,8284,7514,654
  Goodwill-0.2%452452453454455
Liabilities-0.8%6,1126,1626,0786,2115,913
  Current Liabilities-3.2%2,1312,2022,0912,2272,054
  Long Term Debt-3,106----
    LT Debt, Current-38.2%2337689755
    LT Debt, Non Current0.0%3,0123,0113,0103,0093,019
Shareholder's Equity2.3%7,7637,5886,9646,3055,608
  Retained Earnings8.6%10,8009,9468,8017,7616,722
  Additional Paid-In Capital0.8%1,2131,2041,2191,219-
Shares Outstanding-3.3%177183189195200
Minority Interest-0.3%-208.35-207.76-214.09-195.88-171.81
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations27.3%4,0413,1762,7612,2041,618
  Share Based Compensation3.7%6158575856
Cashflow From Investing-23.3%-1,611.38-1,306.83-1,071.35-999.42-1,141.65
Cashflow From Financing-6.5%-2,104.70-1,975.36-1,745.21-1,329.47-648.46
  Dividend Payments4.5%220211213214
  Buy Backs9.2%1,7181,5741,4501,061974

Risks

What is the probability of a big loss on STLD?

65.8%


Probability that Steel Dynamics stock will be more than 20% underwater in next one year

44.2%


Probability that Steel Dynamics stock will be more than 30% underwater in next one year.

32.3%


Probability that Steel Dynamics stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does STLD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Steel Dynamics was unfortunately bought at previous high price.

Returns

Cumulative Returns on STLD

27.1%


10-Year Cumulative Returns

33.4%


7-Year Cumulative Returns

26.3%


5-Year Cumulative Returns

51.6%


3-Year Cumulative Returns

What are the long-term rolling returns for STLD?

FIve years rolling returns for Steel Dynamics.

Which funds bought or sold STLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
-259,000
-
-%
2022-11-23
Invst, LLC
ADDED
5.67
-5,000
517,000
0.09%
2022-11-23
Toroso Investments, LLC
REDUCED
-69.98
-1,047,000
498,000
0.02%
2022-11-22
Capital Impact Advisors, LLC
-
-
-27,000
178,000
0.18%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
7,432,000
7,432,000
0.09%
2022-11-22
Seaport Global Advisors, LLC
-
-
-32,000
110,000
0.45%
2022-11-22
CVA Family Office, LLC
-
-
2,000
10,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
894,000
21,603,000
0.04%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
4.33
967,000
9,091,000
0.01%
2022-11-18
Alamar Capital Management, LLC
REDUCED
-52.77
-932,000
957,000
1.07%

1–10 of 44

Latest Funds Activity

Are funds buying STLD calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own STLD

Steel Dynamics News

Investor's Business Daily

IBD 50 Stock Cuts Carbon Emissions While Forging New Buy Zone.2 days ago

Yahoo Finance

STLD Fair Value

Steel Dynamics fair value in different scenarios

The table shows the Fair Value estimates for Steel Dynamics for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

385.26

251.68%

592.85

441.17%

912.29

732.76%

1282.43

1070.63%

1588.53

1350.05%

Current Inflation

352.85

222.09%

531.12

384.82%

801.22

631.37%

1117.17

919.78%

1373.68

1153.93%

Very High Inflation

312.97

185.69%

457.29

317.43%

671.39

512.86%

925.24

744.58%

1126.19

928.01%

Historical Steel Dynamics Fair Value Estimates


Recent SEC filings of Steel Dynamics

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 21, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 14, 2022
8-K
Current Report

Latest Insider Trading transactions for STLD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-21
Anderson James Stanley
ACQUIRED
-
-
519
Senior Vice President
2022-11-21
MILLETT MARK D
ACQUIRED
-
-
865
Chairman, President and CEO
2022-11-21
Graham Christopher A
ACQUIRED
-
-
519
Senior Vice President
2022-11-21
Wagler Theresa E
SOLD FOR TAXES
-209,633
100.64
-2,083
Executive Vice President & CFO
2022-11-21
Alvarez Miguel
SOLD FOR TAXES
-104,867
100.64
-1,042
Senior Vice President
2022-11-21
Anderson James Stanley
SOLD FOR TAXES
-22,945.9
100.64
-228
Senior Vice President
2022-11-21
SCHNEIDER BARRY
ACQUIRED
-
-
519
Senior Vice President
2022-11-21
Graham Christopher A
SOLD FOR TAXES
-104,867
100.64
-1,042
Senior Vice President
2022-11-21
MILLETT MARK D
SOLD FOR TAXES
-38,847
100.64
-386
Chairman, President and CEO
2022-11-21
SCHNEIDER BARRY
SOLD FOR TAXES
-104,766
100.64
-1,041
Senior Vice President

1–10 of 50

Mark D. Millett
10600
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.

STLD Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net sales    
Unrelated parties$ 5,438,747$ 5,081,476$ 16,814,051$ 13,072,657
Related parties212,9606,812620,43625,536
Total net sales5,651,7075,088,28817,434,48713,098,193
Costs of goods sold4,187,2783,487,65912,304,2039,497,606
Gross profit1,464,4291,600,6295,130,2843,600,587
Selling, general and administrative expenses132,627157,526403,019461,686
Profit sharing105,122113,880373,333244,868
Amortization of intangible assets6,8367,17821,15822,054
Operating income1,219,8441,322,0454,332,7742,871,979
Interest expense, net of capitalized interest25,34712,70467,68344,871
Other (income) expense, net(13,975)6,7762,47226,886
Income before income taxes1,208,4721,302,5654,262,6192,800,222
Income tax expense289,997302,4061,022,138649,105
Net income918,4751,000,1593,240,4812,151,117
Net income attributable to noncontrolling interests(4,150)(9,396)(12,671)(27,556)
Net income attributable to Steel Dynamics, Inc.$ 914,325$ 990,763$ 3,227,810$ 2,123,561
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders (in dollars per share)$ 5.07$ 4.89$ 17.33$ 10.22
Weighted average common shares outstanding (in shares)180,264202,450186,288207,704
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share)$ 5.03$ 4.85$ 17.21$ 10.15
Weighted average common shares and share equivalents outstanding (in shares)181,613204,167187,531209,222
Dividends declared per share (in dollars per share)$ 0.34$ 0.26$ 1.02$ 0.78

STLD Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and equivalents$ 1,420,497$ 1,243,868
Short-term investments583,211 
Accounts receivable, net2,255,2061,911,385
Accounts receivable-related parties78,7885,049
Inventories3,376,5323,531,130
Other current assets99,210209,591
Total current assets7,813,4446,901,023
Property, plant and equipment, net5,146,6064,751,430
Intangible assets, net276,586295,345
Goodwill451,594453,835
Other assets359,468129,601
Total assets14,047,69812,531,234
Current liabilities  
Accounts payable1,153,2991,266,833
Accounts payable-related parties11,84813,722
Income taxes payable41,12113,746
Accrued payroll and benefits545,311539,812
Accrued interest33,53517,533
Accrued expenses323,331278,549
Current maturities of long-term debt22,95197,174
Total current liabilities2,131,3962,227,369
Long-term debt3,012,1203,008,702
Deferred income taxes856,650854,905
Other liabilities112,327120,087
Total liabilities6,112,4936,211,063
Commitments and contingencies
Redeemable noncontrolling interests172,403211,414
Equity  
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,228,549 and 267,224,622 shares issued; and 176,563,632 and 194,997,922 shares outstanding, as of September 30, 2022 and December 31, 2021, respectively649649
Treasury stock, at cost; 90,664,917 and 72,226,700 shares, as of September 30, 2022 and December 31, 2021, respectively(4,046,555)(2,674,267)
Additional paid-in capital1,219,9471,218,933
Retained earnings10,799,8637,761,417
Accumulated other comprehensive income (loss)(2,748)(2,091)
Total Steel Dynamics, Inc. equity7,971,1566,304,641
Noncontrolling interests(208,354)(195,884)
Total equity7,762,8026,108,757
Total liabilities and equity$ 14,047,698$ 12,531,234