Steel Dynamics Income Statement
STLD / Materials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$18.2B
FY2025
Gross Profit
$2.4B
13.2% gross margin
Operating Income
$1.5B
FY2025
Net Income
$1.2B
FY2025
Steel Dynamics reported $18.2B in revenue and $1.2B in net income for FY2025. Revenue has grown at a 11.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.2B | $17.5B | $18.4B | $9.6B | $10.5B | $11.8B | $9.5B | $7.8B | $7.6B | $8.8B | $7.4B | $8.8B | $7.4B | $7.3B | $4.0B |
| Cost of Revenue | $15.8B | $14.7B | $13.0B | $8.2B | $8.9B | $9.5B | $8.0B | $6.4B | $6.9B | $7.8B | $6.7B | $7.8B | $6.7B | $6.6B | $3.6B |
| Gross Profit | $2.4B | $2.8B | $5.4B | $1.4B | $1.5B | $2.3B | $1.6B | $1.3B | $731.7M | $966.2M | $719.1M | $966.2M | $719.1M | $719.9M | $399.1M |
| SG&A Expense | $765.3M | $664.1M | $644.0M | - | - | - | - | $474.1M | $376.0M | $385.9M | $332.6M | $385.9M | $332.6M | $328.7M | - |
| Operating Income | $1.5B | $1.9B | $4.3B | $847.1M | $986.9M | $1.7B | $1.1B | $728.0M | -$72.8M | $320.3M | $386.5M | $320.3M | $386.5M | $391.2M | $119.5M |
| Interest Expense | - | - | $57.2M | $94.9M | $127.1M | $126.6M | $134.4M | $146.0M | $153.9M | $137.3M | $127.7M | $137.3M | $127.7M | $158.6M | $141.4M |
| Income Tax | $305.7M | $432.9M | $962.3M | $134.7M | $197.4M | $364.0M | $129.4M | $204.1M | -$96.9M | $73.2M | $99.3M | $73.2M | $99.3M | $61.8M | -$7.2M |
| Net Income | $1.2B | $1.5B | $3.2B | $570.8M | $677.9M | $1.3B | $805.8M | $360.0M | -$145.2M | $91.7M | $163.5M | $91.7M | $163.5M | $142.3M | -$11.0M |
| EPS (Basic) | $14.72 | $21.06 | $15.67 | $2.61 | $3.06 | $5.38 | $3.38 | $1.57 | -$0.54 | $0.68 | $0.86 | $0.75 | $1.27 | $0.65 | -$0.04 |
| EPS (Diluted) | $14.64 | $20.92 | $15.56 | $2.59 | $3.04 | $5.35 | $3.36 | $1.56 | -$0.54 | $0.67 | $0.83 | $0.73 | $1.22 | $0.64 | -$0.04 |
| Shares Outstanding | 151.1M | 160.0M | 172.9M | 195.0M | 210.9M | 214.5M | 225.3M | 237.4M | 243.8M | 243.1M | 241.4M | 222.9M | 219.5M | 218.9M | 217.6M |
| Gross Margin | 13.2% | 16.0% | 29.1% | 14.9% | 14.6% | 19.7% | 16.6% | 17.2% | 9.6% | 11.0% | 9.8% | 11.0% | 9.8% | 9.9% | 10.1% |
| Operating Margin | 8.1% | 11.1% | 23.4% | 8.8% | 9.4% | 14.6% | 11.2% | 9.4% | -1.0% | 3.7% | 5.2% | 3.7% | 5.2% | 5.4% | 3.0% |
| Profit Margin | 6.5% | 8.8% | 17.5% | 5.9% | 6.5% | 10.6% | 8.5% | 4.6% | -1.9% | 1.1% | 2.2% | 1.1% | 2.2% | 1.9% | -0.3% |