Steel Dynamics (Steel Dynamics) Net Margin %

: 10.02% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Steel Dynamics's Net Income for the three months ended in Dec. 2023 was $424 Mil. Steel Dynamics's Revenue for the three months ended in Dec. 2023 was $4,233 Mil. Therefore, Steel Dynamics's net margin for the quarter that ended in Dec. 2023 was 10.02%.

The historical rank and industry rank for Steel Dynamics's Net Margin % or its related term are showing as below:

STLD' s Net Margin % Range Over the Past 10 Years
Min: -1.72 Med: 7.47 Max: 17.46
Current: 13.04

STLD's Net Margin % is ranked better than
88.6% of 605 companies
in the Steel industry
Industry Median: 2.91 vs STLD: 13.04

Steel Dynamics Net Margin % Historical Data

The historical data trend for Steel Dynamics's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steel Dynamics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

6.41

5.74

17.46

17.35

13.04

Steel Dynamics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																13.15	13.02	15.98	12.58	10.02

Competitive Comparison

For the Steel subindustry, Steel Dynamics's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Steel Dynamics Net Margin % Distribution

For the Steel industry and Basic Materials sector, Steel Dynamics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Steel Dynamics's Net Margin % falls into.

Steel Dynamics Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Steel Dynamics's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2450.882	/	18795.316
	=	13.04 %

Steel Dynamics's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	424.27	/	4233.423
	=	10.02 %

Steel Dynamics (NAS:STLD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Steel Dynamics Net Margin % Related Terms

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Steel Dynamics (Steel Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Dynamics Inc (NAS:STLD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

STLD:Mexico 1STLD:Italy SD5:Germany

Address

7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804

Website

https://www.steeldynamics.com

Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.

Executives

Glenn Pushis	officer: Senior Vice President	4500 COUNTY ROAD 59, BUTLER IN 46721
James C Marcuccilli	director	127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman	director	161 SHAWFORD WAY, LAKE FOREST IL 60045
Richard A Poinsatte	officer: Senior Vice President	6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Jennifer L Hamann	director	1400 DOUGLAS STREET, OMAHA NE 68130
Christopher A Graham	officer: Vice President	7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Gabriel Shaheen	director	1540 PARILLA CIRCLE, TRINITY FL 34655
Keith E Busse	director	7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson	officer: Senior Vice President	203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Luis Manuel Sierra	director	1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Miguel Alvarez	officer: Senior Vice President	7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
Mark D Millett	director, officer: President and CEO	7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler	officer: Executive Vice President & CFO	7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn	officer: Executive Vice President	7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew	director	10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603