earnings
confidence high
sentiment negative
materiality 0.75
Steel Dynamics Q1 EPS $1.44, down 63% YoY; record steel shipments 3.5M tons
STEEL DYNAMICS INC
2025-Q1 EPS reported
$1.44
revenue$4,369,195,000
- Net sales $4.4B, net income $217M ($1.44 diluted EPS), down 63% from $584M in Q1 2024.
- Adjusted EBITDA $448M; cash flow from operations $153M after $165M profit-sharing distribution.
- Record steel shipments of 3.5M tons; steel operations operating income $230M, up 39% sequentially.
- Issued $1.0B in unsecured notes (5.250% due 2035, 5.750% due 2055); proceeds for general corporate purposes.
- First aluminum ingot cast at Mississippi mill; expects commercial shipments mid-2025.