Income Statement (TTM)
Steel Dynamics, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9,350 | 9,601 | 10,571 | 12,942 | 15,699 | 18,409 | 20,434 | 22,182 | 22,745 | 22,261 | 21,584 | 20,453 | 19,388 | 18,795 | 18,596 | 18,147 | 17,902 | 17,540 | 17,216 | 17,148 |
| Change (%) | 2.68 | 10.10 | 22.43 | 21.31 | 17.26 | 11.00 | 8.55 | 2.54 | -2.13 | -3.04 | -5.24 | -5.21 | -3.06 | -1.06 | -2.41 | -1.35 | -2.02 | -1.85 | -0.39 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 8,042 | 8,167 | 8,751 | 10,207 | 11,657 | 13,046 | 14,089 | 15,153 | 15,853 | 16,143 | 16,193 | 15,638 | 15,086 | 14,749 | 14,626 | 14,709 | 14,810 | 14,738 | 14,907 | 14,996 |
| Change (%) | 1.56 | 7.16 | 16.63 | 14.20 | 11.92 | 7.99 | 7.55 | 4.62 | 1.83 | 0.31 | -3.43 | -3.53 | -2.23 | -0.84 | 0.57 | 0.69 | -0.49 | 1.15 | 0.60 | |
| % of Revenue | 86.00 | 85.06 | 82.79 | 78.87 | 74.25 | 70.87 | 68.95 | 68.31 | 69.70 | 72.52 | 75.02 | 76.46 | 77.81 | 78.47 | 78.65 | 81.05 | 82.73 | 84.02 | 86.59 | 87.45 |
| Gross Operating Profit | 1,309 | 1,435 | 1,820 | 2,735 | 4,043 | 5,362 | 6,345 | 7,028 | 6,892 | 6,118 | 5,391 | 4,815 | 4,303 | 4,046 | 3,971 | 3,439 | 3,092 | 2,803 | 2,308 | 2,152 |
| Change (%) | 9.61 | 26.84 | 50.30 | 47.82 | 32.64 | 18.32 | 10.78 | -1.94 | -11.23 | -11.87 | -10.69 | -10.64 | -5.97 | -1.86 | -13.40 | -10.09 | -9.35 | -17.64 | -6.77 | |
| % of Revenue | 14.00 | 14.94 | 17.21 | 21.13 | 25.75 | 29.13 | 31.05 | 31.69 | 30.30 | 27.48 | 24.98 | 23.54 | 22.19 | 21.53 | 21.35 | 18.95 | 17.27 | 15.98 | 13.41 | 12.55 |
| SG&A | 508 | 539 | 603 | 722 | 863 | 1,032 | 1,114 | 1,136 | 1,102 | 998 | 932 | 906 | 878 | 861 | 869 | 845 | 837 | 829 | 811 | 832 |
| Change (%) | 6.06 | 11.92 | 19.58 | 19.59 | 19.60 | 7.93 | 1.94 | -2.96 | -9.41 | -6.67 | -2.78 | -3.03 | -2.00 | 0.96 | -2.78 | -0.97 | -0.91 | -2.13 | 2.54 | |
| % of Revenue | 5.44 | 5.62 | 5.71 | 5.58 | 5.50 | 5.61 | 5.45 | 5.12 | 4.84 | 4.48 | 4.32 | 4.43 | 4.53 | 4.58 | 4.67 | 4.66 | 4.67 | 4.73 | 4.71 | 4.85 |
| R&D | ||||||||||||||||||||
| Change (%) | ||||||||||||||||||||
| % of Revenue | ||||||||||||||||||||
| OpEx | 8,580 | 8,735 | 9,384 | 10,958 | 12,549 | 14,108 | 15,232 | 16,318 | 16,983 | 17,169 | 17,152 | 16,575 | 15,996 | 15,644 | 15,529 | 15,585 | 15,678 | 15,597 | 15,748 | 15,857 |
| Change (%) | 1.80 | 7.43 | 16.77 | 14.52 | 12.42 | 7.97 | 7.12 | 4.08 | 1.09 | -0.10 | -3.36 | -3.49 | -2.20 | -0.73 | 0.36 | 0.59 | -0.51 | 0.97 | 0.69 | |
| % of Revenue | 91.76 | 90.97 | 88.77 | 84.67 | 79.93 | 76.64 | 74.54 | 73.56 | 74.67 | 77.13 | 79.46 | 81.04 | 82.51 | 83.23 | 83.51 | 85.88 | 87.58 | 88.92 | 91.48 | 92.47 |
| Operating Income | 770 | 867 | 1,187 | 1,984 | 3,150 | 4,301 | 5,202 | 5,864 | 5,762 | 5,092 | 4,432 | 3,878 | 3,392 | 3,151 | 3,067 | 2,562 | 2,224 | 1,943 | 1,467 | 1,291 |
| Change (%) | 12.49 | 36.99 | 67.13 | 58.78 | 36.54 | 20.94 | 12.73 | -1.74 | -11.63 | -12.95 | -12.51 | -12.54 | -7.09 | -2.68 | -16.45 | -13.20 | -12.64 | -24.49 | -12.01 | |
| % of Revenue | 8.24 | 9.03 | 11.23 | 15.33 | 20.07 | 23.36 | 25.46 | 26.44 | 25.33 | 22.87 | 20.54 | 18.96 | 17.49 | 16.77 | 16.49 | 14.12 | 12.42 | 11.08 | 8.52 | 7.53 |
| Interest Expense | -111 | -128 | -117 | -104 | -98 | -57 | -57 | -67 | -80 | -92 | -97 | -92 | -86 | -76 | -66 | -58 | -57 | -56 | -56 | -61 |
| Change (%) | 15.61 | -8.40 | -10.92 | -5.98 | -41.73 | -1.05 | 19.02 | 18.76 | 14.39 | 6.38 | -5.03 | -7.50 | -10.59 | -13.77 | -12.20 | -2.32 | -0.38 | 0.27 | 8.25 | |
| % of Revenue | -1.18 | -1.33 | -1.11 | -0.81 | -0.63 | -0.31 | -0.28 | -0.30 | -0.35 | -0.41 | -0.45 | -0.45 | -0.44 | -0.41 | -0.35 | -0.32 | -0.32 | -0.32 | -0.33 | -0.36 |
| Net Income | 484 | 551 | 794 | 1,421 | 2,311 | 3,214 | 3,887 | 4,395 | 4,318 | 3,863 | 3,396 | 2,999 | 2,661 | 2,451 | 2,398 | 2,014 | 1,754 | 1,537 | 1,170 | 1,041 |
| Change (%) | 13.71 | 44.15 | 78.94 | 62.69 | 39.05 | 20.95 | 13.05 | -1.74 | -10.55 | -12.08 | -11.70 | -11.24 | -7.91 | -2.17 | -16.02 | -12.88 | -12.37 | -23.87 | -11.05 | |
| % of Revenue | 5.18 | 5.74 | 7.51 | 10.98 | 14.72 | 17.46 | 19.02 | 19.81 | 18.99 | 17.35 | 15.73 | 14.66 | 13.73 | 13.04 | 12.89 | 11.10 | 9.80 | 8.76 | 6.80 | 6.07 |
Source: Capital IQ
