← STEEL DYNAMICS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $360.0m |
$805.8m
+123.83%
|
$1.3b
+55.85%
|
$677.9m
-46.02%
|
$570.8m
-15.79%
|
$3.2b
+468.79%
|
$3.9b
+19.49%
|
$2.5b
-36.82%
|
$1.5b
-37.28%
|
$1.2b
-22.87%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $382.1m |
$812.7m
+112.70%
|
$1.3b
+54.83%
|
$671.1m
-46.67%
|
$550.8m
-17.92%
|
$3.2b
+483.50%
|
$3.9b
+20.18%
|
$2.5b
-36.55%
|
$1.5b
-37.28%
|
$1.2b
-22.87%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($22.1m) | ($6.9m) | ($2.6m) | $6.8m | $20.0m | $32.7m | $16.8m | $16.4m | $12.8m | $1.7m | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $360.0m | $805.8m | $1.3b | $677.9m | $570.8m | $3.2b | $3.9b | $2.5b | $1.5b | $1.2b | — | |
| Amortization of Intangible Assets | $28.8m | $29.2m | $27.8m | $29.6m | $29.0m | $29.2m | $27.8m | $34.0m | $30.5m | $27.9m | — | |
| Depreciation | $260.6m | $263.7m | $283.3m | $285.6m | $290.5m | $311.4m | $349.4m | $397.0m | $441.2m | $515.0m | $618.0m | |
| Depreciation, Depletion and Amortization | $296.1m | $299.0m | $317.2m | $321.1m | $325.8m | $347.7m | $384.2m | $437.8m | $478.9m | $551.4m | $618.0m | |
| Deferred Income Tax Expense (Benefit) | $51.0m | ($139.9m) | $59.2m | $48.3m | $45.7m | $318.6m | $34.2m | $55.7m | ($42.6m) | $95.3m | $101.7m | |
| Deferred income taxes | $53.8m | ($135.9m) | $61.8m | $51.7m | $47.8m | $322.0m | $37.2m | $55.7m | ($42.6m) | $94.4m | $101.7m | |
| Share-based Payment Arrangement, Expense | $30.4m | $36.6m | $38.7m | $43.3m | $50.7m | $80.2m | $69.2m | $60.1m | $65.6m | $66.8m | $69.5m | |
| Share-based Payment Arrangement, Noncash Expense | $31.7m | $36.2m | $43.3m | $47.6m | $55.6m | $57.7m | $59.2m | $61.7m | $66.6m | $69.0m | $69.5m | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Nonoperating Income (Expense) | ($17.8m) | $2.8m | $24.0m | $15.6m | ($46.8m) | ($34.8m) | $20.8m | $144.2m | $96.2m | $87.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts receivable | ($106.6m) | ($139.1m) | ($145.9m) | $237.8m | ($111.9m) | ($944.5m) | ($110.6m) | $446.8m | $191.1m | ($157.5m) | ($634.0m) | |
| Increase (Decrease) in Accounts Receivable | $106.6m | $139.1m | $145.9m | ($237.8m) | $111.9m | $944.5m | $110.6m | ($446.8m) | ($191.1m) | $157.5m | ($634.0m) | |
| Increase (Decrease) in Inventories | $115.6m | $242.9m | $246.2m | ($217.9m) | $150.6m | $1.7b | ($413.3m) | ($232.3m) | $221.0m | $423.4m | ($497.1m) | |
| Inventories | ($115.6m) | ($242.9m) | ($246.2m) | $217.9m | ($150.6m) | ($1.7b) | $413.3m | $232.3m | ($221.0m) | ($423.4m) | ($497.1m) | |
| Accounts payable | $106.5m | $96.1m | $37.9m | ($86.4m) | $182.5m | $557.7m | ($289.0m) | ($30.1m) | ($67.4m) | $206.8m | $227.7m | |
| Accrued expenses | $75.2m | $36.0m | $69.8m | ($74.3m) | ($14.4m) | $414.2m | $63.7m | ($164.8m) | ($102.0m) | ($43.2m) | $78.2m | |
| Other assets | $12.1m | $4.2m | ($3.5m) | $13.7m | ($1.5m) | ($2.5m) | ($6.9m) | ($23.8m) | ($13.7m) | ($77.3m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $852.8m |
$739.6m
-13.27%
|
$1.4b
+91.38%
|
$1.4b
-1.35%
|
$987.0m
-29.31%
|
$2.2b
+123.31%
|
$4.5b
+102.37%
|
$3.5b
-21.08%
|
$1.8b
-47.60%
|
$1.4b
-21.41%
|
$1.6b
+8.42%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $198.2m | $164.9m | $239.4m | $451.9m | $1.2b | $1.0b | $908.9m | $1.7b | $1.9b | $948.0m | ($616.0m) | |
| Proceeds from maturities of short-term investments | — | — | $40.0m | $362.8m | $411.5m | — | $297.9m | $1.1b | $1.3b | $187.0m | — | |
| Purchases of short-term investments | — | — | ($268.8m) | ($396.2m) | ($149.4m) | — | ($927.6m) | ($1.1b) | ($739.3m) | ($39.6m) | — | |
| Other investing activities | $8.6m | $32.0m | $6.9m | $5.8m | $2.6m | $6.8m | $15.8m | ($221.6m) | ($8.3m) | $1.4m | — | |
| Payments for (Proceeds from) Other Investing Activities | ($8.6m) | ($32.0m) | ($6.9m) | ($5.8m) | ($2.6m) | ($6.8m) | ($15.8m) | $221.6m | $8.3m | ($1.4m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($312.9m) | ($139.1m) | ($895.3m) | ($576.7m) | ($993.3m) | ($999.4m) | ($1.9b) | ($2.0b) | ($1.3b) | ($975.0m) | ($747.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance of current and long-term debt | $473.9m | $620.0m | $445.6m | $1.6b | $2.5b | $1.5b | $1.5b | $1.4b | $2.5b | $3.6b | — | |
| Repayment of current and long-term debt | ($729.0m) | ($609.9m) | ($455.5m) | ($1.3b) | ($2.2b) | ($1.5b) | ($1.5b) | ($1.4b) | ($2.3b) | ($2.6b) | — | |
| Payments for Repurchase of Common Stock | $25.0m | $252.2m | $523.6m | $348.6m | $106.5m | $1.1b | $1.8b | $1.5b | $1.2b | $900.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $135.8m | $145.6m | $168.9m | $200.3m | $209.2m | $213.0m | $237.2m | $271.3m | $282.6m | $291.2m | ($296.0m) | |
| Dividends paid | ($136) | ($146) | ($169) | ($200) | ($209) | ($213) | ($237) | ($271) | ($283) | ($291) | ($296.0m) | |
| Other financing activities | ($19.1m) | ($25.7m) | ($18.5m) | ($27.6m) | ($37.1m) | ($50.4m) | ($116.3m) | ($51.7m) | ($16.7m) | ($88.1m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($425.4m) |
($413.3m)
+2.84%
|
($720.9m)
-74.40%
|
($266.6m)
+63.01%
|
($7.0m)
+97.36%
|
($1.3b)
-18763.07%
|
($2.2b)
-65.22%
|
($1.8b)
+19.10%
|
($1.4b)
+23.89%
|
($294.3m)
+78.24%
|
($714.3m)
-142.68%
|
|
| Increase (decrease) in cash and equivalents, and restricted cash | $114.4m | $187.0m | ($200.7m) | $553.0m | ($13.3m) | ($124.8m) | $384.6m | ($227.5m) | ($811.5m) | $180.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $114.4m | $187.0m | ($200.7m) | $553.0m | ($13.3m) | ($124.8m) | $384.6m | ($227.5m) | ($811.5m) | $180.3m | $573.0m | |
| Cash and equivalents, and restricted cash at beginning of period | $848.1m | $1.0b | $834.4m | $1.4b | $1.4b | $1.2b | $1.6b | $1.4b | $595.0m | $775.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $114.4m | $187.0m | $834.4m | $1.4b | $1.4b | $1.2b | $1.6b | $1.4b | $595.0m | $775.3m | $573.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Business combinations, net of cash acquired | ($123.4m) | ($6.2m) | ($434.0m) | ($97.1m) | ($60.0m) | — | ($134.1m) | — | — | ($175.8m) | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | — | ($76.7m) | — | |
| Equity-based compensation | $31.7m | $36.2m | $43.3m | $47.6m | $55.6m | $57.7m | $59.2m | $61.7m | $66.6m | $69.0m | — | |
| Goodwill | $393.4m | $386.9m | $429.6m | $452.9m | $457.2m | $453.8m | $502.1m | $477.5m | $477.5m | $477.5m | $0 | |
| Income Tax Expense (Benefit) | $204.1m | $129.4m | $364.0m | $197.4m | $134.7m | $962.3m | $1.1b | $751.6m | $432.9m | $305.7m | — | |
| Income Taxes Paid, Net | $159.9m | $296.5m | $288.4m | $155.5m | $50.4m | $737.2m | $1.1b | $642.7m | $463.8m | $152.0m | — | |
| Income taxes receivable/payable | ($13.9m) | ($33.9m) | $26.5m | ($12.1m) | $32.6m | ($105.9m) | $31.6m | $56.8m | $10.2m | $52.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $56.3m | $70.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $150.7m | $135.4m | $124.0m | $134.6m | $111.6m | $103.4m | $101.0m | $103.2m | $101.0m | $156.7m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | $111.9m | $90.1m | $36.8m | — | |
| Other adjustments | $20.7m | $14.1m | ($1.2m) | $1.4m | $31.0m | ($3.2m) | ($1.8m) | ($19.7m) | ($5.5m) | ($10.2m) | — | |
| Purchases of treasury stock | ($25.0m) | ($252.2m) | ($523.6m) | ($348.6m) | ($106.5m) | ($1.1b) | ($1.8b) | ($1.5b) | ($1.2b) | ($900.9m) | — | |
| Supplemental disclosure of cash flow information: |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.