Steel Dynamics Past Earnings Performance
Past criteria checks 2/6
Steel Dynamics has been growing earnings at an average annual rate of 23.2%, while the Metals and Mining industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 15.2% per year. Steel Dynamics's return on equity is 19.5%, and it has net margins of 9.8%.
Key information
23.2%
Earnings growth rate
27.9%
EPS growth rate
| Metals and Mining Industry Growth | 29.2% |
| Revenue growth rate | 15.2% |
| Return on equity | 19.5% |
| Net Margin | 9.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Steel Dynamics makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 17,902 | 1,754 | 837 | 0 |
| 30 Jun 24 | 18,147 | 2,014 | 845 | 0 |
| 31 Mar 24 | 18,596 | 2,398 | 869 | 0 |
| 31 Dec 23 | 18,795 | 2,451 | 861 | 0 |
| 30 Sep 23 | 19,388 | 2,661 | 878 | 0 |
| 30 Jun 23 | 20,453 | 2,999 | 906 | 0 |
| 31 Mar 23 | 21,584 | 3,396 | 932 | 0 |
| 31 Dec 22 | 22,261 | 3,863 | 998 | 0 |
| 30 Sep 22 | 22,745 | 4,318 | 1,102 | 0 |
| 30 Jun 22 | 22,182 | 4,395 | 1,136 | 0 |
| 31 Mar 22 | 20,434 | 3,887 | 1,114 | 0 |
| 31 Dec 21 | 18,409 | 3,214 | 1,032 | 0 |
| 30 Sep 21 | 15,699 | 2,311 | 863 | 0 |
| 30 Jun 21 | 12,942 | 1,421 | 722 | 0 |
| 31 Mar 21 | 10,571 | 794 | 603 | 0 |
| 31 Dec 20 | 9,601 | 551 | 539 | 0 |
| 30 Sep 20 | 9,350 | 484 | 508 | 0 |
| 30 Jun 20 | 9,546 | 535 | 503 | 0 |
| 31 Mar 20 | 10,223 | 654 | 514 | 0 |
| 31 Dec 19 | 10,465 | 671 | 515 | 0 |
| 30 Sep 19 | 11,019 | 820 | 537 | 0 |
| 30 Jun 19 | 11,715 | 1,067 | 560 | 0 |
| 31 Mar 19 | 12,035 | 1,235 | 574 | 0 |
| 31 Dec 18 | 11,822 | 1,258 | 573 | 0 |
| 30 Sep 18 | 11,254 | 1,293 | 542 | 0 |
| 30 Jun 18 | 10,474 | 1,048 | 512 | 0 |
| 31 Mar 18 | 9,774 | 839 | 489 | 0 |
| 31 Dec 17 | 9,539 | 813 | 486 | 0 |
| 30 Sep 17 | 9,113 | 528 | 482 | 0 |
| 30 Jun 17 | 8,771 | 532 | 481 | 0 |
| 31 Mar 17 | 8,404 | 520 | 479 | 0 |
| 31 Dec 16 | 7,777 | 382 | 445 | 0 |
| 30 Sep 16 | 7,458 | 109 | 423 | 0 |
| 30 Jun 16 | 7,307 | 12 | 397 | 0 |
| 31 Mar 16 | 7,288 | -98 | 368 | 0 |
| 31 Dec 15 | 7,594 | -130 | 352 | 0 |
| 30 Sep 15 | 8,520 | 78 | 367 | 0 |
| 30 Jun 15 | 8,909 | 108 | 368 | 0 |
| 31 Mar 15 | 8,973 | 149 | 364 | 0 |
| 31 Dec 14 | 8,756 | 157 | 359 | 0 |
| 30 Sep 14 | 8,103 | 257 | 335 | 0 |
| 30 Jun 14 | 7,676 | 223 | 318 | 0 |
| 31 Mar 14 | 7,407 | 180 | 304 | 0 |
| 31 Dec 13 | 7,373 | 189 | 301 | 0 |
Quality Earnings: SD5 has high quality earnings.
Growing Profit Margin: SD5's current net profit margins (9.8%) are lower than last year (13.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SD5's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: SD5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SD5 had negative earnings growth (-34.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (-13%).
Return on Equity
High ROE: SD5's Return on Equity (19.5%) is considered low.