8-K
filed July 20, 2023, 7:59 PM ET
ticker STLD
CIK 0001022671
earnings
confidence high
sentiment neutral
materiality 0.70
Steel Dynamics Q2 net income $812M ($4.81 EPS); YoY down but sequential improvement
STEEL DYNAMICS INC
2023-Q2 EPS reported
$8.49
revenue$9,974,836,000
- Q2 net income $812M ($4.81 EPS); YoY down 33% but up 28% sequentially.
- Steel ops operating income $706M (more than double Q1); shipments 3.2M tons.
- Steel fabrication ops income $462M, strong but below Q1.
- Cash flow from ops $808M; $380M share repurchases; liquidity $3.5B.
- Credit upgrades to investment grade from Moody's and S&P Global.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
STEEL DYNAMICS INC reported the six months ended June 30, 2023 results: revenue $10.0 billion, net income $1.4 billion, EPS $8.49 per diluted share.
- Period
- the six months ended June 30, 2023
- Revenue
- $10.0 billion
- Net income
- $1.4 billion
- EPS
- $8.49 per diluted share
- Result
- reported results
Exact text from the filing
For the six months ended June 30, 2023, net income was $1.4 billion, or $8.49 per diluted share, with net sales of $10.0 billion
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
STEEL DYNAMICS INC reported second quarter 2023 results: revenue $5.1 billion, net income $812 million, EPS $4.81 per diluted share.
- Period
- second quarter 2023
- Revenue
- $5.1 billion
- Net income
- $812 million
- EPS
- $4.81 per diluted share
- Result
- reported results
Exact text from the filing
The company reported second quarter 2023 net sales of $5.1 billion and net income of $812 million, or $4.81 per diluted share.
View on SEC.gov
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