Stock Analysis on Net
Stock Analysis on Net

Steel Dynamics Inc. (NASDAQ:STLD)

This company has been moved to the archive! The financial data has not been updated since October 26, 2022.

Common-Size Income Statement

Steel Dynamics Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Unrelated parties 99.83 99.86 99.87 99.83 98.17
Related parties 0.17 0.14 0.13 0.17 1.83
Net sales 100.00% 100.00% 100.00% 100.00% 100.00%
Costs of goods sold -70.87 -85.06 -85.37 -80.35 -83.41
Gross profit 29.13% 14.94% 14.63% 19.65% 16.59%
Selling, general and administrative expenses -3.50 -4.97 -4.17 -3.52 -4.14
Profit sharing -2.11 -0.64 -0.75 -1.32 -0.96
Amortization of intangible assets -0.16 -0.30 -0.28 -0.23 -0.31
Asset impairment charges 0.00 -0.20 0.00 0.00 0.00
Operating income 23.36% 8.82% 9.43% 14.57% 11.18%
Interest expense, net of capitalized interest -0.31 -0.99 -1.21 -1.07 -1.41
Other income (expense), net -0.19 -0.49 0.15 0.20 0.03
Income before income taxes 22.86% 7.35% 8.36% 13.70% 9.80%
Income tax expense -5.23 -1.40 -1.89 -3.08 -1.36
Net income 17.64% 5.95% 6.48% 10.62% 8.45%
Net (income) loss attributable to noncontrolling interests -0.18 -0.21 -0.06 0.02 0.07
Net income attributable to Steel Dynamics, Inc. 17.46% 5.74% 6.41% 10.64% 8.52%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Steel Dynamics Inc. operating income as a percentage of net sales decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Steel Dynamics Inc. income before income taxes as a percentage of net sales decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Net income attributable to Steel Dynamics, Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Steel Dynamics Inc. net income attributable to Steel Dynamics, Inc. as a percentage of net sales decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.