Steel Dynamics Inc (STLD)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	1,537,134	1,754,111	2,013,504	2,397,613	2,450,882	2,661,476	2,998,606	3,396,049	3,862,669	4,318,305	4,394,743	3,887,484	3,214,061	2,311,404	1,420,784	793,989	550,822	484,404	535,309	654,115
Revenue (ttm)	US$ in thousands	17,540,390	17,901,670	18,147,110	18,596,110	18,795,320	19,388,190	20,452,840	21,584,090	22,260,780	22,745,150	22,181,730	20,434,160	18,408,860	15,699,440	12,941,980	10,570,970	9,601,470	9,370,720	9,566,730	10,242,950
Net profit margin		8.76%	9.80%	11.10%	12.89%	13.04%	13.73%	14.66%	15.73%	17.35%	18.99%	19.81%	19.02%	17.46%	14.72%	10.98%	7.51%	5.74%	5.17%	5.60%	6.39%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,537,134K ÷ $17,540,390K
= 8.76%

Steel Dynamics Inc's net profit margin has shown some fluctuations over the years. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, has generally improved from 6.39% in March 2020 to 8.76% in December 2024.

The company experienced a significant increase in its net profit margin from March 2021 to June 2022, reaching a peak of 19.81%. This period of substantial growth indicates that Steel Dynamics Inc was able to effectively control costs and generate higher profits relative to its revenue during this time.

However, there was a slight decline in the net profit margin from June 2022 to December 2024, ending at 8.76%. While the net profit margin decreased during this period, it still remained above the levels seen in earlier years, indicating that Steel Dynamics Inc maintained profitability despite some fluctuations.

Overall, the trend in Steel Dynamics Inc's net profit margin shows the company's ability to effectively manage its costs and generate profits, with some variation over the years but maintaining a relatively healthy level of profitability.