STLDSteel Dynamics, Inc.

$26B

FY 2011 Earnings

Basic Materials Steel

Income Statement

Revenue

$8.0B+26.9% YoY

Gross Profit

$932M11.6% margin

Operating Income

$585M7.3% margin

Net Income

$278M3.5% margin

EPS (Diluted)

$1.22

Cash Flow

Operating Cash Flow

$486M

Free Cash Flow

$319M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$6.0B

Total Liabilities

$3.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$391M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.0B	$6.3B	+26.9%
Gross Profit	$932M	$676M	+37.9%
Operating Income	$585M	$365M	+60.3%
Net Income	$278M	$141M	+97.7%

STLD FY 2011 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena