Steel Dynamics, Inc. (STLD) financial statements (2020 and earlier)

Company profile

Business Address 7575 W JEFFERSON BLVD
FORT WAYNE, IN 46804
State of Incorp. IN
Fiscal Year End December 31
SIC 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6441,0571,029841727361395
Cash and cash equivalents1,3818281,029841727361395
Short-term investments262229     
Receivables8441,044869730614903721
Inventory, net of allowances, customer advances and progress billings1,6891,8591,5191,2751,1491,6181,315
Inventory1,6891,8591,5191,2751,1491,6181,315
Deferred tax assets    3618
Other current assets76739283485625
Total current assets:4,2534,0333,5082,9302,5382,9742,474
Noncurrent Assets
Property, plant and equipment3,1362,9462,6762,7872,9513,1242,226
Intangible assets, net (including goodwill)7817006446776761,1161,118
Goodwill453430387393397745732
Intangible assets, net (excluding goodwill)328270257284279371386
Restricted cash and investments  1718201924
Other noncurrent assets106251111177891
Deferred tax assets, net    (542)(556)
Other undisclosed noncurrent assets     542556
Total noncurrent assets:4,0233,6713,3473,4943,6644,3373,459
TOTAL ASSETS:8,2767,7046,8566,4246,2027,3115,933
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities914981824696512783592
Accounts payable510537474382277490405
Accrued liabilities17514712511410010890
Employee-related liabilities2082651961659512993
Taxes payable2746264
Interest and dividends payable182626303950 
Debt89242941746342
Due to related parties4141613721 
Other liabilities 444350314235293219
Other undisclosed current liabilities (444)(350)(314)(235)(293)(177)
Total current liabilities:1,0071,019869713535851975
Noncurrent Liabilities
Long-term debt and lease obligation2,6452,3522,3532,3532,5782,9781,766
Long-term debt, excluding current maturities2,6452,3522,3532,3532,5782,9781,766
Liabilities, other than long-term debt5594453284694171923
Deferred tax liabilities, net436306448401  
Deferred income tax liabilities484
Other liabilities7592221171923
Other undisclosed noncurrent liabilities     542556
Total noncurrent liabilities:3,2042,7972,6812,8222,9953,5392,345
Total liabilities:4,2113,8163,5493,5353,5314,3893,321
Temporary equity, carrying amount144111111111126126117
Stockholders' equity
Stockholders' equity attributable to parent, including:4,0763,9353,3522,9272,6802,7962,496
Common stock1111111
Treasury stock, value(1,525)(1,184)(665)(417)(396)(399)(719)
Additional paid in capital1,1811,1601,1421,1331,1101,0831,086
Accumulated other comprehensive income (loss)(0)0     
Retained earnings4,4193,9582,8752,2101,9652,2282,180
Other undisclosed stockholders' equity attributable to parent     (117)(51)
Stockholders' equity attributable to noncontrolling interest(155)(159)(157)(150)(135)(117)(51)
Other undisclosed stockholders' equity     235103
Total stockholders' equity:3,9213,7763,1952,7772,5452,9132,547
Other undisclosed liabilities and equity     (117)(51)
TOTAL LIABILITIES AND EQUITY:8,2767,7046,8566,4246,2027,3115,933

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues10,46511,8229,5397,7777,5948,7567,373
Revenue, net9,5397,7777,5948,7567,373
Cost of revenue
(Cost of Goods and Services Sold)
(8,934)(9,499)(7,957)(6,442)(6,863)(7,790)(6,654)
Gross profit:1,5312,3231,5821,335732966719
Operating expenses(587)(28)(29)(162)(454)(939)(333)
Other undisclosed operating income (loss)43(573)(486)(445)(351)293 
Operating income (loss):9871,7221,067728(73)320387
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
16243(18)(15)(18)4
Interest and debt expense(127)(127)(134)(146)(154)(137)(128)
Income (loss) from continuing operations before income taxes:8751,620935564(242)165263
Income tax expense (benefit)(197)(364)(129)(204)97(73)(99)
Net income (loss):6781,256806360(145)92164
Net income (loss) attributable to noncontrolling interest(7)3722156526
Net income (loss) available to common stockholders, basic:6711,258813382(130)157189
Dilutive securities, effect on basic earnings per share     4 
Other undisclosed net income available to common stockholders, diluted      9
Net income (loss) available to common stockholders, diluted:6711,258813382(130)161199

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):6781,256806360(145)92164
Other comprehensive income0      
Other undisclosed comprehensive income (loss)(0)0     
Comprehensive income (loss):6781,256806360(145)92164
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(7)37221565(26)
Comprehensive income (loss), net of tax, attributable to parent:6711,259813382(130)157138

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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