earnings
confidence high
sentiment negative
materiality 0.75
Steel Dynamics 2024 EPS $9.84, down 33% YoY; Q4 $1.36 vs $2.61
STEEL DYNAMICS INC
2024-FY EPS reported
$9.84
revenue$17,540,390,000
- Annual net sales $17.5B (-7% YoY), net income $1.5B (-40% YoY), diluted EPS $9.84 vs $14.64.
- Q4 net sales $3.9B, net income $207M, diluted EPS $1.36; sequential Q3 EPS was $2.05.
- Steel ops op income $1.6B; fabrication $667M; metals recycling $77M (all annual).
- Sinton Texas flat roll division Q4 operating loss $58M; expects positive contributions H1 2025.
- Share repurchases $1.2B (6% of outstanding); liquidity $2.2B; dividends $283M.