Steel Dynamics, Inc. (STLD) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,3691,6441,0571,029841727361
Cash and cash equivalents1,3691,3818281,029841727361
Short-term investments 262229    
Receivables9728441,044869730614903
Inventory, net of allowances, customer advances and progress billings1,8441,6891,8591,5191,2751,1491,618
Inventory1,8441,6891,8591,5191,2751,1491,618
Deferred tax assets    36
Other current assets74767392834856
Other undisclosed current assets0      
Total current assets:4,2584,2534,0333,5082,9302,5382,974
Noncurrent Assets
Property, plant and equipment4,1063,1362,9462,6762,7872,9513,124
Intangible assets, net (including goodwill)7827817006446776761,116
Goodwill457453430387393397745
Intangible assets, net (excluding goodwill)325328270257284279371
Restricted cash and investments   17182019
Other noncurrent assets1201062511111778
Deferred tax assets, net    (542)
Other undisclosed noncurrent assets      542
Total noncurrent assets:5,0074,0233,6713,3473,4943,6644,337
TOTAL ASSETS:9,2668,2767,7046,8566,4246,2027,311
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,163914981824696512783
Accounts payable761510537474382277490
Accrued liabilities179175147125114100108
Employee-related liabilities20220826519616595129
Taxes payable2274626
Interest and dividends payable20182626303950
Debt8789242941746
Due to related parties94141613721
Other liabilities  444350314235293
Other undisclosed current liabilities  (444)(350)(314)(235)(293)
Total current liabilities:1,2591,0071,019869713535851
Noncurrent Liabilities
Long-term debt and lease obligation3,0162,6452,3522,3532,3532,5782,978
Long-term debt, excluding current maturities3,0162,6452,3522,3532,3532,5782,978
Liabilities, other than long-term debt64355944532846941719
Deferred tax liabilities, net436306448401 
Deferred income tax liabilities536484
Other liabilities10675922211719
Other undisclosed noncurrent liabilities      542
Total noncurrent liabilities:3,6593,2042,7972,6812,8222,9953,539
Total liabilities:4,9174,2113,8163,5493,5353,5314,389
Temporary equity, carrying amount159144111111111126126
Stockholders' equity
Stockholders' equity attributable to parent, including:4,3454,0763,9353,3522,9272,6802,796
Common stock1111111
Treasury stock, value(1,624)(1,525)(1,184)(665)(417)(396)(399)
Additional paid in capital1,2071,1811,1601,1421,1331,1101,083
Accumulated other comprehensive income (loss)2(0)0    
Retained earnings4,7594,4193,9582,8752,2101,9652,228
Other undisclosed stockholders' equity attributable to parent      (117)
Stockholders' equity attributable to noncontrolling interest(156)(155)(159)(157)(150)(135)(117)
Other undisclosed stockholders' equity      235
Total stockholders' equity:4,1903,9213,7763,1952,7772,5452,913
Other undisclosed liabilities and equity      (117)
TOTAL LIABILITIES AND EQUITY:9,2668,2767,7046,8566,4246,2027,311

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9,60110,46511,8229,5397,7777,5948,756
Revenue, net9,5397,7777,5948,756
Cost of revenue
(Cost of Goods and Services Sold)
(8,167)(8,934)(9,499)(7,957)(6,442)(6,863)(7,790)
Gross profit:1,4351,5312,3231,5821,335732966
Operating expenses(638)(587)(28)(29)(162)(454)(939)
Other undisclosed operating income (loss)5143(573)(486)(445)(351)293
Operating income (loss):8479871,7221,067728(73)320
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(47)16243(18)(15)(18)
Interest and debt expense(95)(127)(127)(134)(146)(154)(137)
Income (loss) from continuing operations before income taxes:7058751,620935564(242)165
Income tax expense (benefit)(135)(197)(364)(129)(204)97(73)
Net income (loss):5716781,256806360(145)92
Net income (loss) attributable to noncontrolling interest(20)(7)37221565
Net income (loss) available to common stockholders, basic:5516711,258813382(130)157
Dilutive securities, effect on basic earnings per share      4
Net income (loss) available to common stockholders, diluted:5516711,258813382(130)161

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):5716781,256806360(145)92
Other comprehensive income (loss)(1)0     
Other undisclosed comprehensive income (loss)3(0)0    
Comprehensive income (loss):5736781,256806360(145)92
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(20)(7)37221565
Comprehensive income (loss), net of tax, attributable to parent:5536711,259813382(130)157

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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