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Steel Dynamics Inc Stock Research

STLD

106.40USD+3.58(+3.48%)Market Closed
Watchlist

Market Summary

USD106.40+3.58
Market Closed
3.48%

STLD Alerts

  • Big fall in Revenue (Y/Y)

STLD Stock Price

STLD RSI Chart

STLD Valuation

Market Cap

17.1B

Price/Earnings (Trailing)

5.68

Price/Sales (Trailing)

0.84

EV/EBITDA

3.55

Price/Free Cashflow

5.68

STLD Price/Sales (Trailing)

STLD Profitability

EBT Margin

20.44%

Return on Equity

40.98%

Return on Assets

24.03%

Free Cashflow Yield

17.6%

STLD Fundamentals

STLD Revenue

Revenue (TTM)

20.5B

Revenue Y/Y

-18.21%

Revenue Q/Q

3.85%

STLD Earnings

Earnings (TTM)

3.0B

Earnings Y/Y

-32.86%

Earnings Q/Q

26.04%

Price Action

52 Week Range

69.50136.46
(Low)(High)

Last 7 days

3.6%

Last 30 days

1.0%

Last 90 days

-3.5%

Trailing 12 Months

48.3%

STLD Financial Health

Current Ratio

4.15

STLD Investor Care

Dividend Yield

1.49%

Dividend/Share (TTM)

1.53

Buy Backs (1Y)

10.76%

Diluted EPS (TTM)

17.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for STLD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-17
Sierra Luis Manuel
acquired
-
-
319
-
2023-08-15
Graham Christopher A
sold
-5,041,220
105
-48,000
senior vice president
2023-08-04
Graham Christopher A
acquired
262,134
36.5803
7,166
senior vice president
2023-08-04
Graham Christopher A
back to issuer
-755,583
105
-7,166
senior vice president
2023-07-31
Shaheen Gabriel
sold
-181,659
105
-1,717
-
2023-07-14
DOLAN TRACI M
acquired
-
-
184
-
2023-07-14
BARGABOS SHEREE L
acquired
-
-
74.00
-
2023-07-14
MARCUCCILLI JAMES C
acquired
-
-
183
-
2023-07-14
Sierra Luis Manuel
acquired
-
-
15.00
-
2023-07-14
Sonnenberg Steven Alan
acquired
-
-
69.00
-

1–10 of 50

Which funds bought or sold STLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
added
59.92
13,478,000
38,406,000
0.02%
2023-09-12
Farther Finance Advisors, LLC
added
0.6
-2,920
91,937
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
added
29.11
2,179
11,111
-%
2023-09-05
Delos Wealth Advisors, LLC
reduced
-87.11
-800,358
113,506
0.14%
2023-08-30
CHAPIN DAVIS, INC.
sold off
-100
-2,475,560
-
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
1,141
47,508
-%
2023-08-28
Banco BTG Pactual S.A.
new
-
670,356
670,356
0.13%
2023-08-25
STRATEGY ASSET MANAGERS LLC
reduced
-10.99
-40,435
243,459
0.05%
2023-08-24
Alamar Capital Management, LLC
reduced
-1.06
-70,345
1,437,770
1.06%
2023-08-24
ProVise Management Group, LLC
sold off
-100
-259,020
-
-%

1–10 of 47

Latest Funds Activity

Are funds buying STLD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own STLD
No. of Funds

Schedule 13G FIlings of Steel Dynamics

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 06, 2023
blackrock inc.
10.3%
17,595,426
SC 13G/A
Feb 09, 2023
vanguard group inc
12.43%
21,822,262
SC 13G/A
Jan 24, 2023
blackrock inc.
9.7%
17,084,445
SC 13G/A
Jan 27, 2022
blackrock inc.
12.6%
25,061,389
SC 13G/A
Jan 26, 2022
blackrock inc.
12.6%
25,061,389
SC 13G/A
Jul 12, 2021
vanguard group inc
10.22%
21,591,653
SC 13G/A
Feb 10, 2021
vanguard group inc
8.91%
18,751,882
SC 13G/A
Jan 27, 2021
blackrock inc.
10.8%
22,664,231
SC 13G/A
Feb 12, 2020
vanguard group inc
9.01%
19,431,445
SC 13G/A
Feb 04, 2020
blackrock inc.
10.4%
22,301,411
SC 13G/A

Recent SEC filings of Steel Dynamics

View All Filings
Date Filed Form Type Document
Sep 19, 2023
8-K
Current Report
Sep 15, 2023
8-K
Current Report
Aug 21, 2023
8-K
Current Report
Aug 18, 2023
4
Insider Trading
Aug 17, 2023
4
Insider Trading
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 08, 2023
10-Q
Quarterly Report
Aug 08, 2023
4
Insider Trading
Aug 02, 2023
8-K
Current Report
Aug 02, 2023
4
Insider Trading

Peers (Alternatives to Steel Dynamics)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
56.2B
10.1B
-6.59% 71.34%
20.12
5.58
-4.76% -4.71%
52.4B
21.9B
-4.59% 38.72%
15.81
2.4
-9.80% -44.93%
38.0B
37.5B
-8.26% 47.45%
6.84
1.01
-12.82% -38.59%
31.3B
11.2B
2.85% -2.93%
-41.32
2.8
-9.46% -195.71%
17.1B
20.5B
1.04% 48.25%
5.68
0.84
-7.79% -31.70%
MID-CAP
7.5B
22.0B
0.27% 12.39%
27.19
0.34
-9.91% -92.35%
5.8B
9.0B
-9.88% 40.03%
6
0.64
5.39% -10.80%
5.3B
4.1B
-5.65% 47.39%
18.68
1.29
25.63% 2307.63%
3.3B
4.9B
-6.51% 44.09%
12.97
0.68
-6.22% -32.38%
3.3B
3.6B
15.74% 108.01%
58.73
0.91
97.59% 214.87%
-
19.0B
4.23% 75.01%
-
-
-17.70% -72.82%
SMALL-CAP
831.8M
2.1B
8.63% 71.86%
9.25
0.41
22.68% 8.05%
578.0M
573.2M
-5.08% 28.83%
12.79
1.01
29.70% 44.33%
-
1.2B
1.10% 47.62%
-
-
-14.31% -101.46%
114.8M
237.3M
-2.54% 80.86%
-24.75
0.48
31.74% -244.40%

Steel Dynamics News

Nasdaq
Steel Dynamics (STLD) Dips More Than Broader Markets: What You ....
Nasdaq,
23 hours ago
InvestorsObserver
Investing.com México
Nasdaq

Returns for STLD

Cumulative Returns on STLD

22.6%


10-Year Cumulative Returns

24.6%


7-Year Cumulative Returns

20.1%


5-Year Cumulative Returns

54.9%


3-Year Cumulative Returns

Risks for STLD

What is the probability of a big loss on STLD?

82.3%


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.

Drawdowns

Financials for Steel Dynamics

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-5.2%20,45321,58422,26122,74522,18220,43418,40915,69912,94210,5719,6019,3509,54610,22310,46511,01911,71512,03511,82211,25410,474
Gross Profit-10.7%4,8155,3916,1186,8927,0286,3455,3624,0432,7351,8201,4351,3091,3761,5131,5311,7362,0622,2932,3232,1221,833
  S&GA Expenses----------------565588602600570541
EBITDA-100.0%-4,9135,4976,1206,1905,5054,6143,4332,2641,4411,1261,0631,1411,3021,324------
EBITDA Margin-100.0%-0.23*0.25*0.27*0.28*0.27*0.25*0.22*0.17*0.14*0.12*0.11*0.12*0.13*0.13*------
Interest Expenses-5.0%92.0097.0092.0080.0067.0057.0057.0065.0071.0084.0095.00107119124127126127126127127130
Earnings Before Taxes-11.8%3,8894,4115,0215,6715,7665,1004,2093,0211,8521,0247056357038578751,0671,3721,5911,6201,4401,167
EBT Margin-100.0%-0.20*0.23*0.25*0.26*0.25*0.23*0.19*0.14*0.10*0.07*0.07*0.07*0.08*0.08*------
Net Income-11.7%3,0143,4113,8794,3314,4133,9153,2472,3481,4528195714985466646788241,0691,2351,2561,2891,042
Net Income Margin-100.0%-0.16*0.17*0.19*0.20*0.19*0.18*0.15*0.11*0.08*0.06*0.05*0.06*0.06*0.06*------
Free Cashflow-100.0%-3,3993,5523,2722,4331,9051,198473-118-252-211245711811944------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets2.3%14,55114,22014,16014,04813,71113,05712,53111,53610,68710,1289,2668,6188,4688,3458,2767,9437,8587,8577,7047,7987,505
  Current Assets-2.2%7,3967,5637,6387,8137,7567,1506,9015,9885,2654,8974,2583,8554,0164,1434,2534,0204,0244,0294,0334,1313,818
    Cash Equivalents-8.4%1,4751,6101,6281,4201,0131,1951,2491,1011,1191,2511,3741,2731,5021,2411,3871,152979797834890726
  Inventory1.8%3,0442,9893,1303,3773,6473,5173,5312,8952,4822,2181,8441,6091,5671,6451,6891,7671,8031,8681,8591,8541,787
  Net PPE5.3%5,7845,4915,3745,1474,8874,8284,7514,6544,5274,3404,1063,8623,5873,3283,1363,0322,9472,9372,9462,9022,909
  Goodwill-4.9%477502502452452453454455456456457475451452453541526531430503-76.93
Liabilities-0.5%5,8865,9136,0646,1126,1626,0786,2115,9135,6575,3934,9174,4194,3284,2394,2113,8993,8103,8683,8163,8123,805
  Current Liabilities-3.4%1,7591,8212,0322,1312,2022,0912,2272,0541,8521,6611,2591,1761,1151,0321,0071,0059261,0031,0191,0501,059
    LT Debt, Current22.4%57.0046.0057.0023.0037.0068.0097.0055.0094.0081.0087.0082.0074.0070.0089.0082.0072.0081.0024.0015.0018.00
    LT Debt, Non Current-0.1%3,0113,0143,0133,0123,0113,0103,0093,0193,0163,0163,0162,6372,6372,6462,6452,3552,3562,3542,3522,3522,352
Shareholder's Equity7.2%8,7088,1208,1307,9717,3816,7506,1095,4364,8544,5724,1904,0433,9883,9553,9213,9013,9083,8503,7763,8753,589
  Retained Earnings6.2%12,68211,94111,37610,8009,9468,8017,7616,7225,7835,1344,7594,6244,5774,5544,4194,3504,2504,1093,9583,7313,376
  Additional Paid-In Capital0.8%1,2041,1941,2131,2201,2131,2041,2191,2191,2111,2031,2071,2001,1921,1841,1811,1761,1681,1601,1601,1571,149
Shares Outstanding-2.2%166170173177186192195202210211211210210213215218222224225234236
Minority Interest1.0%-214-216-216-208-207-214-195-171-166-157-155-157-157-158-154-155-156-158-159-158-158
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-4.4%4,1814,3754,4604,0413,1762,7612,2041,6181,1391,0389871,2581,5511,4261,3961,4781,4551,4191,4151,117922
  Share Based Compensation1.0%59.0059.0059.0061.0058.0057.0058.0056.0055.0055.0056.0051.0051.0050.0048.0048.0047.0046.0043.0040.0039.00
Cashflow From Investing2.1%-1,769-1,807-1,879-1,611-1,306-1,071-999-1,141-1,244-1,128-993-999-792-658-576-398-420-897-895-760-674
Cashflow From Financing9.7%-1,942-2,152-2,196-2,104-1,975-1,745-1,329-648-277100-7.05-137-234-323-266-818-781-715-720-574-436
  Dividend Payments3.3%253245237229220211213214213210209208209210200192184174169162155
  Buy Backs-7.7%1,6291,7661,8011,7181,5741,4501,061974524-107163278371349623583539524208233

STLD Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales    
Total net sales$ 5,081,630$ 6,212,878$ 9,974,836$ 11,782,780
Costs of goods sold3,774,7724,329,5367,611,8568,116,925
Gross profit1,306,8581,883,3422,362,9803,665,855
Selling, general and administrative expenses141,209118,377285,518270,392
Profit sharing90,990139,742160,565268,211
Amortization of intangible assets10,9247,16017,80214,322
Operating income1,063,7351,618,0631,899,0953,112,930
Interest expense, net of capitalized interest20,76725,66743,27442,336
Other (income) expense, net(31,348)(4,021)(66,284)16,447
Income before income taxes1,074,3161,596,4171,922,1053,054,147
Income tax expense258,139381,765461,595732,141
Net income816,1771,214,6521,460,5102,322,006
Net income attributable to noncontrolling interests(4,070)(5,098)(11,093)(8,521)
Net income attributable to Steel Dynamics, Inc.$ 812,107$ 1,209,554$ 1,449,417$ 2,313,485
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders (in dollars per share)$ 4.83$ 6.49$ 8.54$ 12.22
Weighted average common shares outstanding (in shares)168,009186,442169,803189,300
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share)$ 4.81$ 6.44$ 8.49$ 12.14
Weighted average common shares and share equivalents outstanding (in shares)168,865187,740170,672190,491
Dividends declared per share (in dollars per share)$ 0.425$ 0.34$ 0.85$ 0.68
Unrelated parties    
Net sales    
Net Sales$ 4,930,422$ 5,964,503$ 9,675,775$ 11,375,304
Related Parties    
Net sales    
Net Sales$ 151,208$ 248,375$ 299,061$ 407,476

STLD Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and equivalents$ 1,475,356$ 1,628,417
Short-term investments611,701628,215
Inventories3,044,0093,129,964
Other current assets122,025195,371
Total current assets7,396,0557,638,018
Property, plant and equipment, net5,783,6225,373,665
Intangible assets, net274,005267,507
Goodwill477,471502,067
Other assets620,244378,727
Total assets14,551,39714,159,984
Current liabilities  
Income taxes payable39,1776,520
Accrued payroll and benefits321,303610,558
Accrued expenses293,102340,646
Current maturities of long-term debt56,86957,334
Total current liabilities1,759,0352,032,296
Long-term debt3,010,8293,013,241
Deferred income taxes941,491889,103
Other liabilities175,073129,539
Total liabilities5,886,4286,064,179
Commitments and contingencies
Redeemable noncontrolling interests171,212181,503
Equity  
Common stock voting, $0.0025 par value; 900,000,000 shares authorized; 267,772,737 and 267,762,488 shares issued; and 166,383,336 and 172,936,163 shares outstanding, as of June 30, 2023 and December 31, 2022, respectively650650
Treasury stock, at cost; 101,389,401 and 94,826,325 shares, as of June 30, 2023 and December 31, 2022, respectively(5,179,722)(4,459,513)
Additional paid-in capital1,204,1341,212,566
Retained earnings12,681,89411,375,765
Accumulated other comprehensive income1,027889
Total Steel Dynamics, Inc. equity8,707,9838,130,357
Noncontrolling interests(214,226)(216,055)
Total equity8,493,7577,914,302
Total liabilities and equity14,551,39714,159,984
Unrelated parties  
Current assets  
Accounts receivable, net2,079,9491,976,282
Current liabilities  
Accounts payable1,039,1491,007,304
Related Parties  
Current assets  
Accounts receivable, net63,01579,769
Current liabilities  
Accounts payable$ 9,435$ 9,934
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.