earnings
confidence high
sentiment positive
materiality 0.80
Steel Dynamics Q2 net income $299M ($2.01 EPS) up 38% sequentially; first aluminum coils shipped
STEEL DYNAMICS INC
2025-Q2 EPS reported
$3.44
revenue$8,934,318,000
- Q2 net sales $4.6B, net income $299M ($2.01 EPS); Q1 was $217M ($1.44 EPS), prior year Q2 was $428M ($2.72 EPS).
- Steel operations operating income $382M, up 66% sequentially; average selling price rose $136/ton to $1,134.
- Shipped first aluminum flat rolled coils June 16; aluminum mill expected to exit 2025 at 40-50% utilization.
- Repaid $400M senior notes due June 2025; repurchased $200M common stock (1.1% shares); liquidity $1.9B.
- Sinton flat roll division had oxygen supply limitation (65+ days) reducing volume ~55K tons; supply restored.