8-K
filed January 26, 2023, 6:59 PM ET
ticker STLD
CIK 0001022671
earnings
confidence high
sentiment neutral
materiality 0.80
Steel Dynamics reports record annual results; Q4 EPS $3.61 vs $5.49 YoY
STEEL DYNAMICS INC
2022-FY EPS reported
$20.92
revenue$22,260,774,000
- Record annual net sales $22.3B, net income $3.9B ($20.92 diluted EPS); adjusted EPS $22.68.
- Q4 net income $635M ($3.61 diluted EPS) down from $5.49 in Q4 2021; adjusted Q4 EPS $4.37.
- Record steel fabrication segment earnings $2.4B; steel shipments 12.2M tons.
- Record cash from operations $4.5B; repurchased $1.8B of stock (12% of shares outstanding).
- Outlook: expects Sinton Texas mill 80% utilization in 2023; new coating lines H2 2023.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
STEEL DYNAMICS INC reported fourth quarter 2022 results: revenue $4.8 billion, net income $635 million, EPS $3.61 per diluted share.
- Period
- fourth quarter 2022
- Revenue
- $4.8 billion
- Net income
- $635 million
- EPS
- $3.61 per diluted share
- Result
- reported results
Exact text from the filing
The company reported fourth quarter 2022 net sales of $4.8 billion and net income of $635 million, or $3.61 per diluted share.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
STEEL DYNAMICS INC reported annual 2022 results: revenue $22.3 billion, net income $3.9 billion, EPS $20.92 per diluted share.
- Period
- annual 2022
- Revenue
- $22.3 billion
- Net income
- $3.9 billion
- EPS
- $20.92 per diluted share
- Result
- reported results
Exact text from the filing
Annual 2022 net income was a record $3.9 billion, or $20.92 per diluted share, with record net sales of $22.3 billion
View on SEC.gov
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