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Steel Dynamics (STLD)

(Delayed Data from NSDQ)

$134.04 USD

134.04
1,053,986

+1.01 (0.76%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $134.01 -0.03 (-0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 22% (196 out of 252)

Industry: Steel - Producers

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Balance Sheet

Research for STLD

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Steel Dynamics, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,122 2,257 1,244 1,369 1,644
Receivables 1,608 2,056 1,916 972 844
Notes Receivable 0 0 0 0 0
Inventories 2,895 3,130 3,531 1,844 1,689
Other Current Assets 163 195 210 74 76
Total Current Assets 6,788 7,638 6,901 4,258 4,253
Net Property & Equipment 6,734 5,374 4,751 4,106 3,136
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 735 770 749 782 781
Deposits & Other Assets 651 379 130 120 106
Total Assets 14,908 14,160 12,531 9,266 8,276
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,088 1,017 1,281 769 513
Current Portion Long-Term Debt 460 57 97 87 89
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 778 951 836 400 402
Income Taxes Payable 6 7 14 2 2
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 2,332 2,032 2,227 1,259 1,007
Mortgages 0 0 0 0 0
Deferred Taxes/Income 945 889 855 536 484
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,611 3,013 3,009 3,016 2,645
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 181 130 120 106 75
Minority Interest (Liabilities) 171 182 211 159 144
Total Liabilities 6,240 6,246 6,422 5,076 4,355
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 1,218 1,213 1,219 1,207 1,181
Retained Earnings 13,546 11,376 7,761 4,759 4,419
Other Equity -198 -215 -198 -154 -155
Treasury Stock 5,898 4,460 2,674 1,624 1,525
Total Shareholder's Equity 8,668 7,914 6,109 4,190 3,921
Total Liabilities & Shareholder's Equity 14,908 14,160 12,531 9,266 8,276
Total Common Equity 8,668 7,914 6,109 4,190 3,921
Shares Outstanding 161.82 175.57 198.40 210.30 215.40
Book Value Per Share 53.57 45.08 30.79 19.92 18.20

Fiscal Year End for Steel Dynamics, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,122 2,266 2,087 2,320
Receivables NA 1,608 1,882 2,143 2,127
Notes Receivable NA 0 0 0 0
Inventories NA 2,895 2,942 3,044 2,989
Other Current Assets NA 163 139 122 127
Total Current Assets NA 6,788 7,229 7,396 7,563
Net Property & Equipment NA 6,734 6,313 5,784 5,491
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 735 743 751 763
Deposits & Other Assets NA 651 644 620 403
Total Assets NA 14,908 14,929 14,551 14,220
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,088 1,060 1,049 1,139
Current Portion Long-Term Debt NA 460 86 57 46
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 778 742 614 506
Income Taxes Payable NA 6 30 39 129
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 2,332 1,918 1,759 1,821
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 945 961 941 898
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,611 3,009 3,011 3,014
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 182 175 180
Minority Interest (Liabilities) NA 171 171 171 186
Total Liabilities NA 6,240 6,242 6,058 6,100
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 1,218 1,215 1,204 1,194
Retained Earnings NA 13,546 13,189 12,682 11,941
Other Equity NA -198 -207 -213 -215
Treasury Stock NA 5,898 5,511 5,180 4,801
Total Shareholder's Equity NA 8,668 8,687 8,494 8,120
Total Liabilities & Shareholder's Equity NA 14,908 14,929 14,551 14,220
Total Common Equity 0 8,668 8,687 8,494 8,120
Shares Outstanding 157.95 161.82 165.60 169.00 169.00
Book Value Per Share 0.00 53.57 52.46 50.26 48.05