STLD Q3 2024 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena

STLDSteel Dynamics, Inc.

$27B

Q3 2024 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.3B-5.4% YoY

Gross Profit

$605M13.9% margin

Operating Income

$395M9.1% margin

Net Income

$318M7.3% margin

EPS (Diluted)

$2.05

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$760M

Free Cash Flow

$138M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$15.7B

Total Liabilities

$6.6B

Stockholders' Equity

$9.1B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$4.6B	-5.4%
Gross Profit	$605M	$952M	-36.4%
Operating Income	$395M	$734M	-46.1%
Net Income	$318M	$577M	-44.9%

Revenue Segments

Steel Operations

$2.7B77%

Steel Fabrication Operations

$447M12%

Metals Recycling and Ferrous Resources Operations

$395M11%

Geographic Segments

U [S]

$4.0B92%

Non Us

$353M8%