Steel Dynamics Statistics
Total Valuation
Steel Dynamics has a market cap or net worth of $20.91 billion. The enterprise value is $22.29 billion.
| Market Cap | 20.91B |
| Enterprise Value | 22.29B |
Important Dates
The last earnings date was Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
Steel Dynamics has 157.13 million shares outstanding. The number of shares has decreased by -7.61% in one year.
| Shares Outstanding | 157.13M |
| Shares Change (YoY) | -7.61% |
| Shares Change (QoQ) | -1.80% |
| Owned by Insiders (%) | 6.68% |
| Owned by Institutions (%) | 86.38% |
| Float | 146.48M |
Valuation Ratios
The trailing PE ratio is 9.12 and the forward PE ratio is 12.56. Steel Dynamics's PEG ratio is 10.91.
| PE Ratio | 9.12 |
| Forward PE | 12.56 |
| PS Ratio | 1.13 |
| Forward PS | 1.12 |
| PB Ratio | 2.31 |
| P/FCF Ratio | 15.68 |
| PEG Ratio | 10.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.13, with an EV/FCF ratio of 16.69.
| EV / Earnings | 9.30 |
| EV / Sales | 1.20 |
| EV / EBITDA | 6.13 |
| EV / EBIT | 6.99 |
| EV / FCF | 16.69 |
Financial Position
The company has a current ratio of 2.87, with a Debt / Equity ratio of 0.33.
| Current Ratio | 2.87 |
| Quick Ratio | 1.49 |
| Debt / Equity | 0.33 |
| Debt / EBITDA | 0.84 |
| Debt / FCF | 2.27 |
| Interest Coverage | 48.37 |
Financial Efficiency
Return on equity (ROE) is 27.00% and return on invested capital (ROIC) is 19.44%.
| Return on Equity (ROE) | 27.00% |
| Return on Assets (ROA) | 16.10% |
| Return on Capital (ROIC) | 19.44% |
| Revenue Per Employee | $1.48M |
| Profits Per Employee | $190,287 |
| Employee Count | 12,600 |
| Asset Turnover | 1.25 |
| Inventory Turnover | 4.86 |
Taxes
In the past 12 months, Steel Dynamics has paid $726.44 million in taxes.
| Income Tax | 726.44M |
| Effective Tax Rate | 23.25% |
Stock Price Statistics
The stock price has increased by +37.26% in the last 52 weeks. The beta is 1.48, so Steel Dynamics's price volatility has been higher than the market average.
| Beta (1Y) | 1.48 |
| 52-Week Price Change | +37.26% |
| 50-Day Moving Average | 138.43 |
| 200-Day Moving Average | 118.93 |
| Relative Strength Index (RSI) | 45.60 |
| Average Volume (30 Days) | 1,122,106 |
Short Selling Information
The latest short interest is 5.23 million, so 3.33% of the outstanding shares have been sold short.
| Short Interest | 5.23M |
| Short Previous Month | 4.89M |
| Short % of Shares Out | 3.33% |
| Short % of Float | 3.57% |
| Short Ratio (days to cover) | 4.67 |
Income Statement
In the last 12 months, Steel Dynamics had revenue of $18.60 billion and earned $2.40 billion in profits. Earnings per share was $14.61.
| Revenue | 18.60B |
| Gross Profit | 3.97B |
| Operating Income | 3.07B |
| Pretax Income | 3.12B |
| Net Income | 2.40B |
| EBITDA | 3.64B |
| EBIT | 3.19B |
| Earnings Per Share (EPS) | $14.61 |
Balance Sheet
The company has $1.69 billion in cash and $3.04 billion in debt, giving a net cash position of -$1.35 billion or -$8.56 per share.
| Cash & Cash Equivalents | 1.69B |
| Total Debt | 3.04B |
| Net Cash | -1.35B |
| Net Cash Per Share | -$8.56 |
| Equity / Book Value | 9.07B |
| Book Value Per Share | 57.74 |
| Working Capital | 4.30B |
Cash Flow
In the last 12 months, operating cash flow was $3.14 billion and capital expenditures -$1.81 billion, giving a free cash flow of $1.34 billion.
| Operating Cash Flow | 3.14B |
| Capital Expenditures | -1.81B |
| Free Cash Flow | 1.34B |
| FCF Per Share | $8.42 |
Margins
Gross margin is 21.35%, with operating and profit margins of 16.49% and 12.89%.
| Gross Margin | 21.35% |
| Operating Margin | 16.49% |
| Pretax Margin | 16.80% |
| Profit Margin | 12.89% |
| EBITDA Margin | 19.55% |
| EBIT Margin | 17.15% |
| FCF Margin | 7.18% |
Dividends & Yields
This stock pays an annual dividend of $1.84, which amounts to a dividend yield of 1.38%.
| Dividend Per Share | $1.84 |
| Dividend Yield | 1.38% |
| Dividend Growth (YoY) | 15.69% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 12.59% |
| Buyback Yield | 7.61% |
| Shareholder Yield | 8.99% |
| Earnings Yield | 11.45% |
| FCF Yield | 6.38% |
Analyst Forecast
The average price target for Steel Dynamics is $125.29, which is -5.85% lower than the current price. The consensus rating is "Hold".
| Price Target | $125.29 |
| Price Target Difference | -5.85% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 31, 2008. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 31, 2008 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Steel Dynamics has an Altman Z-Score of 5.69 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.69 |
| Piotroski F-Score | 6 |