Steel Dynamics Inc (STLD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 15.89% | 17.14% | 18.82% | 21.27% | 21.48% | 22.19% | 23.54% | 24.98% | 27.48% | 30.30% | 31.69% | 31.05% | 29.13% | 25.75% | 21.13% | 17.21% | 14.94% | 13.97% | 14.38% | 14.77% |
| Operating profit margin | 11.08% | 12.42% | 14.12% | 16.49% | 16.77% | 17.49% | 18.96% | 20.54% | 22.87% | 25.33% | 26.44% | 25.46% | 23.36% | 19.94% | 15.18% | 11.05% | 8.82% | 8.22% | 8.81% | 9.46% |
| Pretax margin | 11.30% | 12.74% | 14.48% | 16.87% | 17.13% | 17.72% | 19.01% | 20.44% | 22.56% | 24.93% | 25.99% | 24.96% | 22.86% | 19.24% | 14.31% | 9.69% | 7.35% | 6.77% | 7.34% | 8.36% |
| 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% |
In the given data, we can observe the trend in profitability ratios of Steel Dynamics Inc over multiple time periods.
1. Gross Profit Margin: The gross profit margin of Steel Dynamics Inc has fluctuated over the years, showing an increasing trend from March 31, 2020 (14.77%) to June 30, 2022 (31.69%). However, there has been a slight decline from June 30, 2022 to December 31, 2024 (15.89%), indicating a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
2. Operating Profit Margin: The operating profit margin reflects the company's ability to control its operating expenses. Steel Dynamics Inc has shown fluctuations in this ratio, with a peak of 26.44% on June 30, 2022, followed by a decreasing trend to 11.08% on December 31, 2024. This indicates a varying level of operational efficiency and cost management over the years.
3. Pretax Margin: The pretax margin represents the company's profitability before taxes. Steel Dynamics Inc saw an increase in this ratio from March 31, 2020 (8.36%) to June 30, 2022 (25.99%), followed by a decline to 11.30% on December 31, 2024. This suggests fluctuations in the company's ability to generate profits before tax expenses.
4. Net Profit Margin: The net profit margin reveals the percentage of each dollar of revenue that translates into profit after all expenses, including taxes. Steel Dynamics Inc exhibited a similar pattern in the net profit margin, increasing from 6.39% on March 31, 2020, to a peak of 19.81% on June 30, 2022, before declining to 8.76% on December 31, 2024. This indicates the company's varying profitability performance over the years.
Overall, the profitability ratios of Steel Dynamics Inc have shown volatility and fluctuations over the years, reflecting changes in revenue, cost management, and operational efficiency. Investors and stakeholders should closely monitor these ratios to assess the company's financial health and performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.01% | 14.20% | 17.01% | 20.41% | 21.03% | 22.72% | 26.65% | 31.17% | 35.96% | 41.02% | 42.77% | 39.84% | 34.32% | 27.14% | 18.38% | 11.53% | 9.14% | 8.94% | 9.95% | 11.61% |
| Return on assets (ROA) | 10.29% | 11.20% | 13.37% | 15.96% | 16.36% | 17.83% | 20.61% | 23.88% | 27.28% | 30.74% | 32.05% | 29.77% | 25.65% | 20.04% | 13.29% | 7.84% | 5.94% | 5.62% | 6.32% | 7.84% |
| Return on total capital | 22.32% | 24.82% | 28.49% | 34.58% | 36.73% | 39.59% | 45.72% | 54.08% | 62.88% | 72.15% | 76.87% | 74.04% | 67.67% | 55.69% | 39.05% | 24.22% | 19.27% | 17.65% | 19.83% | 23.84% |
| Return on equity (ROE) | 17.20% | 19.32% | 22.05% | 26.43% | 27.64% | 29.93% | 34.44% | 40.74% | 47.51% | 54.17% | 57.91% | 55.82% | 50.98% | 41.22% | 28.30% | 16.79% | 12.68% | 11.53% | 12.91% | 15.90% |
Steel Dynamics Inc has shown a positive trend in profitability ratios over the past few years.
1. Operating Return on Assets (Operating ROA) has improved steadily from 11.61% as of March 31, 2020, to a peak of 42.77% as of June 30, 2022. However, there has been a subsequent decrease to 13.01% as of December 31, 2024.
2. Return on Assets (ROA) has also demonstrated a similar upward trajectory, reaching its highest point of 32.05% as of June 30, 2022. Nevertheless, there has been a decline to 10.29% as of December 31, 2024.
3. Return on Total Capital has displayed a consistent growth pattern, peaking at 76.87% as of June 30, 2022. Subsequently, there has been a decrease to 22.32% as of December 31, 2024.
4. Return on Equity (ROE) has followed a comparable trend, with the highest point of 57.91% recorded as of June 30, 2022. The ratio has since declined to 17.20% as of December 31, 2024.
Overall, the profitability ratios of Steel Dynamics Inc indicate a history of strong performance, with fluctuations observed in recent periods. The company should continue to monitor and manage its profitability to sustain its financial health and shareholder value.