AK Steel Holding Corp (AKS) Files 10-K for the Fiscal Year Ended on December 31, 2018

AK Steel Holding Corp (AKS, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. AK Steel Holding Corp is engaged in manufacturing steel products such as flat-rolled, carbon, electrical, and stainless steel as well as tubular products for the automotive, construction, appliance, and machinery end markets. AK Steel Holding Corp has a market cap of $940.290 million; its shares were traded at around $2.98 with a P/E ratio of 4.99 and P/S ratio of 0.13.

For the last quarter AK Steel Holding Corp reported a revenue of $1.7 billion, compared with the revenue of $1.5 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.8 billion, an increase of 12.1% from last year. For the last five years AK Steel Holding Corp had an average revenue growth rate of 2% a year.

The reported diluted earnings per share was 59 cents for the year, compared with the loss per share of $0.65 in the previous year. The AK Steel Holding Corp had an operating margin of 5.63%, compared with the operating margin of 4.54% a year before. The 10-year historical median operating margin of AK Steel Holding Corp is 1.72%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, AK Steel Holding Corp has the cash and cash equivalents of $48.6 million, compared with $38.0 million in the previous year. The long term debt was $2 billion, compared with $2.1 billion in the previous year. The interest coverage to the debt is 2.5, which is not a favorable level. AK Steel Holding Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $2.98, AK Steel Holding Corp is traded at 18.8% discount to its historical median P/S valuation band of $3.67. The P/S ratio of the stock is 0.13, while the historical median P/S ratio is 0.17. The stock lost 42.28% during the past 12 months.

For the complete 20-year historical financial data of AKS, click here.