STLD Q3 2023 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena

STLDSteel Dynamics, Inc.

$27B

Q3 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.6B-18.8% YoY

Gross Profit

$952M20.8% margin

Operating Income

$734M16.0% margin

Net Income

$577M12.6% margin

EPS (Diluted)

$3.47

QoQ Revenue Growth

-9.7%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$555M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$6.1B

Stockholders' Equity

$8.9B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$5.7B	-18.8%
Gross Profit	$952M	$1.5B	-35.0%
Operating Income	$734M	$1.2B	-39.9%
Net Income	$577M	$914M	-36.9%

Revenue Segments

Steel Operations

$2.9B71%

Steel Fabrication Operations

$630M15%

Metals Recycling and Ferrous Resources Operations

$335M8%

All Other Segments

$247M6%

Geographic Segments

U [S]

$4.1B90%

Non Us

$471M10%