Steel Dynamics, Inc.
STLDFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
17,540
Cost of Revenue
14,738
Gross Profit
2,803
Gross Margin
16.0%
Operating Income
1,943
Operating Margin
11.1%
Net Income
1,537
Net Margin
8.8%
EPS (Basic)
$9.89
EPS (Diluted)
$9.84
EBITDA
2,518
EBITDA Margin
14.4%
2023
12/31/2023
Revenue
18,795
Cost of Revenue
14,749
Gross Profit
4,046
Gross Margin
21.5%
Operating Income
3,151
Operating Margin
16.8%
Net Income
2,451
Net Margin
13.0%
EPS (Basic)
$14.72
EPS (Diluted)
$14.64
EBITDA
3,733
EBITDA Margin
19.9%
2022
12/31/2022
Revenue
22,261
Cost of Revenue
16,143
Gross Profit
6,118
Gross Margin
27.5%
Operating Income
5,092
Operating Margin
22.9%
Net Income
3,863
Net Margin
17.4%
EPS (Basic)
$21.06
EPS (Diluted)
$20.92
EBITDA
5,497
EBITDA Margin
24.7%
2021
12/31/2021
Revenue
18,409
Cost of Revenue
13,046
Gross Profit
5,362
Gross Margin
29.1%
Operating Income
4,301
Operating Margin
23.4%
Net Income
3,214
Net Margin
17.5%
EPS (Basic)
$15.67
EPS (Diluted)
$15.56
EBITDA
4,614
EBITDA Margin
25.1%
2020
12/31/2020
Revenue
9,601
Cost of Revenue
8,167
Gross Profit
1,435
Gross Margin
14.9%
Operating Income
847
Operating Margin
8.8%
Net Income
551
Net Margin
5.7%
EPS (Basic)
$2.61
EPS (Diluted)
$2.59
EBITDA
1,126
EBITDA Margin
11.7%