---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-006779"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:42:59.160457+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics reports record annual results; Q4 EPS $3.61 vs $5.49 YoY

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-006779
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/0001104659-23-006779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/tm234445d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-006779
- JSON: https://secwatch.observer/filing/0001104659-23-006779.json
- Plain text: https://secwatch.observer/filing/0001104659-23-006779.txt

## Key facts
- Earnings Releases
  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
  source text: The company reported fourth quarter 2022 net sales of $4.8 billion and net income of $635 million, or $3.61 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/0001104659-23-006779-index.htm
- Earnings Releases
  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
  source text: Annual 2022 net income was a record $3.9 billion, or $20.92 per diluted share, with record net sales of $22.3 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022671/000110465923006779/0001104659-23-006779-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.