STLD Q1 2023 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena

STLDSteel Dynamics, Inc.

$27B

Q1 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.9B-12.1% YoY

Gross Profit

$1.1B21.6% margin

Operating Income

$835M17.1% margin

Net Income

$637M13.0% margin

EPS (Diluted)

$3.70

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$734M

Free Cash Flow

$507M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$5.9B

Stockholders' Equity

$8.3B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$5.6B	-12.1%
Gross Profit	$1.1B	$1.8B	-40.8%
Operating Income	$835M	$1.5B	-44.1%
Net Income	$637M	$1.1B	-42.3%

Revenue Segments

Steel Operations

$2.8B64%

Steel Fabrication Operations

$869M19%

Metals Recycling and Ferrous Resources Operations

$383M9%

All Other Segments

$380M8%

Geographic Segments

U [S]

$4.5B91%

Non Us

$442M9%