STLD Q4 2023 Earnings — Steel Dynamics, Inc. Revenue & Financial Results | Market Cap Arena

STLDSteel Dynamics, Inc.

$27B

Q4 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$4.2B-12.3% YoY

Gross Profit

$731M17.3% margin

Operating Income

$519M12.2% margin

Net Income

$424M10.0% margin

EPS (Diluted)

$2.61

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$865M

Free Cash Flow

$350M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$6.1B

Stockholders' Equity

$8.9B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.8B	-12.3%
Gross Profit	$731M	$988M	-26.0%
Operating Income	$519M	$759M	-31.7%
Net Income	$424M	$635M	-33.2%

Revenue Segments

Steel Operations

$2.7B71%

Steel Fabrication Operations

$520M14%

Metals Recycling and Ferrous Resources Operations

$315M8%

All Other Segments

$278M7%

Geographic Segments

U [S]

$3.9B91%

Non Us

$364M9%