Return on Equity (ROE)
since 2005
Calculation
Steel Dynamics Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to Steel Dynamics, Inc.1 | ÷ | Total Steel Dynamics, Inc. equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 50.98% | = | 100 | × | 3,214,066) | ÷ | 6,304,641) |
| Dec 31, 2020 | 12.68% | = | 100 | × | 550,822) | ÷ | 4,345,164) |
| Dec 31, 2019 | 16.47% | = | 100 | × | 671,103) | ÷ | 4,075,834) |
| Dec 31, 2018 | 31.98% | = | 100 | × | 1,258,379) | ÷ | 3,935,071) |
| Dec 31, 2017 | 24.25% | = | 100 | × | 812,741) | ÷ | 3,351,574) |
| Dec 31, 2016 | 13.05% | = | 100 | × | 382,115) | ÷ | 2,927,020) |
| Dec 31, 2015 | -4.86% | = | 100 | × | (130,311) | ÷ | 2,679,727) |
| Dec 31, 2014 | 5.39% | = | 100 | × | 157,024) | ÷ | 2,913,015) |
| Dec 31, 2013 | 7.43% | = | 100 | × | 189,314) | ÷ | 2,547,323) |
| Dec 31, 2012 | 6.80% | = | 100 | × | 163,551) | ÷ | 2,405,465) |
| Dec 31, 2011 | 12.01% | = | 100 | × | 278,120) | ÷ | 2,315,941) |
| Dec 31, 2010 | 6.72% | = | 100 | × | 140,709) | ÷ | 2,092,870) |
| Dec 31, 2009 | -0.41% | = | 100 | × | (8,184) | ÷ | 1,988,268) |
| Dec 31, 2008 | 28.54% | = | 100 | × | 463,386) | ÷ | 1,623,886) |
| Dec 31, 2007 | 25.80% | = | 100 | × | 394,566) | ÷ | 1,529,196) |
| Dec 31, 2006 | 32.22% | = | 100 | × | 396,707) | ÷ | 1,231,108) |
| Dec 31, 2005 | 25.21% | = | 100 | × | 221,785) | ÷ | 879,868) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Steel Dynamics Inc., ROE, long-term trends, comparison to competitors
| Steel Dynamics Inc. | Freeport-McMoRan Inc. | Newmont Corp. | |
|---|---|---|---|
| Dec 31, 2021 | 50.98% | 30.80% | 5.29% |
| Dec 31, 2020 | 12.68% | 5.89% | 12.30% |
| Dec 31, 2019 | 16.47% | -2.57% | 13.10% |
| Dec 31, 2018 | 31.98% | 26.56% | 3.25% |
| Dec 31, 2017 | 24.25% | 22.78% | -0.92% |
| Dec 31, 2016 | 13.05% | -68.65% | -5.85% |
| Dec 31, 2015 | -4.86% | -156.31% | 1.94% |
| Dec 31, 2014 | 5.39% | -7.15% | 4.94% |
| Dec 31, 2013 | 7.43% | 12.70% | -24.28% |
| Dec 31, 2012 | 6.80% | 17.33% | 13.13% |
| Dec 31, 2011 | 12.01% | 29.15% | 2.84% |
| Dec 31, 2010 | 6.72% | 34.68% | 17.06% |
| Dec 31, 2009 | -0.41% | 30.15% | 12.12% |
| Dec 31, 2008 | 28.54% | -191.70% | 12.01% |
| Dec 31, 2007 | 25.80% | 16.33% | -24.99% |
| Dec 31, 2006 | 32.22% | 59.57% | 8.47% |
| Dec 31, 2005 | 25.21% | 54.00% | 3.84% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Metals & Mining)
Steel Dynamics Inc., ROE, long-term trends, comparison to sector (metals & mining)
| Steel Dynamics Inc. | Metals & Mining | |
|---|---|---|
| Dec 31, 2021 | 50.98% | 15.20% |
| Dec 31, 2020 | 12.68% | 10.33% |
| Dec 31, 2019 | 16.47% | 8.35% |
| Dec 31, 2018 | 31.98% | 14.50% |
| Dec 31, 2017 | 24.25% | 9.25% |
| Dec 31, 2016 | 13.05% | -28.51% |
| Dec 31, 2015 | -4.86% | -62.66% |
| Dec 31, 2014 | 5.39% | -2.80% |
| Dec 31, 2013 | 7.43% | 0.63% |
| Dec 31, 2012 | 6.80% | 15.49% |
| Dec 31, 2011 | 12.01% | 17.26% |
| Dec 31, 2010 | 6.72% | 25.58% |
| Dec 31, 2009 | -0.41% | 20.41% |
| Dec 31, 2008 | 28.54% | -79.33% |
| Dec 31, 2007 | 25.80% | 4.23% |
| Dec 31, 2006 | 32.22% | 19.08% |
| Dec 31, 2005 | 25.21% | 12.89% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Materials)
Steel Dynamics Inc., ROE, long-term trends, comparison to industry (materials)
| Steel Dynamics Inc. | Materials | |
|---|---|---|
| Dec 31, 2021 | 50.98% | 11.62% |
| Dec 31, 2020 | 12.68% | 7.37% |
| Dec 31, 2019 | 16.47% | 6.08% |
| Dec 31, 2018 | 31.98% | 10.19% |
| Dec 31, 2017 | 24.25% | 12.05% |
| Dec 31, 2016 | 13.05% | -15.06% |
| Dec 31, 2015 | -4.86% | -44.42% |
| Dec 31, 2014 | 5.39% | 2.62% |
| Dec 31, 2013 | 7.43% | 5.18% |
| Dec 31, 2012 | 6.80% | 17.50% |
| Dec 31, 2011 | 12.01% | 19.39% |
| Dec 31, 2010 | 6.72% | 24.68% |
| Dec 31, 2009 | -0.41% | 21.08% |
| Dec 31, 2008 | 28.54% | -53.32% |
| Dec 31, 2007 | 25.80% | 7.33% |
| Dec 31, 2006 | 32.22% | 19.81% |
| Dec 31, 2005 | 25.21% | 14.47% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).