STLD Q1 2024 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena

STLDSteel Dynamics, Inc.

$27B

Q1 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.7B-4.1% YoY

Gross Profit

$981M20.9% margin

Operating Income

$751M16.0% margin

Net Income

$584M12.4% margin

EPS (Diluted)

$3.67

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$355M

Free Cash Flow

-$19M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$15.0B

Total Liabilities

$6.0B

Stockholders' Equity

$9.1B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$4.9B	-4.1%
Gross Profit	$981M	$1.1B	-7.1%
Operating Income	$751M	$835M	-10.1%
Net Income	$584M	$637M	-8.4%

Revenue Segments

Steel Operations

$3.1B73%

Steel Fabrication Operations

$446M10%

Metals Recycling and Ferrous Resources Operations

$391M9%

All Other Segments

$311M7%

Geographic Segments

U [S]

$4.3B91%

Non Us

$416M9%