Steel Dynamics Inc (STLD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,943,040 | 3,151,180 | 5,091,820 | 4,301,100 | 847,142 |
| Revenue | US$ in thousands | 17,540,400 | 18,795,300 | 22,260,800 | 18,408,800 | 9,601,480 |
| Operating profit margin | 11.08% | 16.77% | 22.87% | 23.36% | 8.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,943,040K ÷ $17,540,400K
= 11.08%
The operating profit margin of Steel Dynamics Inc has exhibited fluctuations over the past five years. Starting at 8.82% on December 31, 2020, the margin saw a notable increase to 23.36% by December 31, 2021. This upward trend continued into the following year, with a slight decrease to 22.87% by December 31, 2022. However, in the subsequent years, the margin experienced a decline, dropping to 16.77% by December 31, 2023, and further down to 11.08% by December 31, 2024. Overall, the company's operating profit margin has shown variability, indicating fluctuations in its profitability relative to its revenue and operating expenses during this period.
Peer comparison
Dec 31, 2024