Steel Gross Profit from 2010 to 2024

STLD Stock  USD 144.98  1.41  0.98%   
Steel Dynamics' Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 4.2 B this year. Gross Profit is the profit Steel Dynamics makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-03-31
Previous Quarter
767.2 M
Current Value
605.2 M
Quarterly Volatility
394.7 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' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Steel Dynamics over the last few years. Gross profit is a required income statement account that reflects total revenue of Steel Dynamics minus its cost of goods sold. It is profit before Steel Dynamics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Steel Dynamics' Gross Profit 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.
ViewLast Reported 6.12 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Steel Gross Profit Regression Statistics

Arithmetic Mean2,136,400,543
Coefficient Of Variation88.10
Mean Deviation1,522,016,858
Median1,434,728,000
Standard Deviation1,882,078,917
Sample Variance3542221.1T
Range6.1B
R-Value0.83
Mean Square Error1176580.1T
R-Squared0.69
Significance0.0001
Slope349,977,314
Total Sum of Squares49591094.7T

Steel Gross Profit History

20244.2 B
2023B
20226.1 B
20215.4 B
20201.4 B
20191.5 B
20182.3 B

Other Fundumenentals of Steel Dynamics

Steel Dynamics Gross Profit component correlations

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About Steel Dynamics Financial Statements

Steel Dynamics stakeholders use historical fundamental indicators, such as Steel Dynamics' Gross Profit, 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
Gross ProfitB4.2 B
Gross Profit Margin 0.22  0.21 

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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 Global Correlations module to find global opportunities by holding instruments from different markets.
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
11.13
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.