Steel Ebit from 2010 to 2024

STLD Stock  USD 143.83  0.20  0.14%   
Steel Dynamics' EBIT is increasing over the years with slightly volatile fluctuation. Overall, EBIT is expected to go to about 3.3 B this year. During the period from 2010 to 2024 Steel Dynamics EBIT annual values regression line had coefficient of variation of  101.73 and r-squared of  0.65. View All Fundamentals
 
EBIT  
First Reported
1997-03-31
Previous Quarter
559.1 M
Current Value
425.1 M
Quarterly Volatility
333.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steel Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steel Dynamics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 459.7 M, Interest Expense of 84.4 M or Total Revenue of 19.7 B, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0156 or PTB Ratio of 2.42. Steel financial statements analysis is a perfect complement when working with Steel Dynamics Valuation or Volatility modules.
  
Check out the analysis of Steel Dynamics Correlation against competitors.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.

Latest Steel Dynamics' Ebit Growth Pattern

Below is the plot of the Ebit of Steel Dynamics over the last few years. It is Steel Dynamics' EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steel Dynamics' overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Steel Ebit Regression Statistics

Arithmetic Mean1,572,410,737
Coefficient Of Variation101.73
Mean Deviation1,296,419,649
Median866,551,000
Standard Deviation1,599,648,934
Sample Variance2558876.7T
Range5.1B
R-Value0.81
Mean Square Error954212.6T
R-Squared0.65
Significance0.0003
Slope289,207,723
Total Sum of Squares35824274T

Steel Ebit History

20243.3 B
20233.2 B
20225.1 B
20214.3 B
2020866.6 M
2019986.9 M
20181.7 B

Other Fundumenentals of Steel Dynamics

About Steel Dynamics Financial Statements

Steel Dynamics stakeholders use historical fundamental indicators, such as Steel Dynamics' Ebit, to determine how well the company is positioned to perform in the future. Although Steel Dynamics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Steel Dynamics' assets and liabilities are reflected in the revenues and expenses on Steel Dynamics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Steel Dynamics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
EBIT3.2 B3.3 B
EBITDA3.2 B3.3 B
Ebt Per Ebit 1.02  0.70 
Ebit Per Revenue 0.17  0.13 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Steel Dynamics is a strong investment it is important to analyze Steel Dynamics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steel Dynamics' future performance. For an informed investment choice regarding Steel Stock, refer to the following important reports:
Check out the analysis of Steel Dynamics Correlation against competitors.
For information on how to trade Steel Stock refer to our How to Trade Steel Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Dynamics. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1.805
Earnings Share
11.12
Revenue Per Share
113.479
Quarterly Revenue Growth
(0.05)
The market value of Steel Dynamics is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Steel Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Dynamics' market value can be influenced by many factors that don't directly affect Steel Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steel Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.