earnings
confidence high
sentiment neutral
materiality 0.75
Steel Dynamics Q4 net income $266M ($1.82 EPS); full-year earnings decline to $1.2B
STEEL DYNAMICS INC
2025-FY EPS reported
$7.99
revenue$18,176,581,000
- Q4 net sales $4.4B; net income $266M vs $404M sequential and $207M YoY.
- Full-year net sales $18.2B (+3.6% YoY), net income $1.2B (-20% vs $1.5B), adjusted EBITDA $2.2B.
- Record steel shipments of 13.7M tons; average steel selling price $1,089/ton for 2025, down $15 YoY.
- Issued $800M notes in Nov 2025 (4.000% due 2028, 5.250% due 2035); redeemed $400M 5.000% notes due 2026.
- Share repurchases of $901M in 2025 (over 4% of outstanding); liquidity $2.2B; cash from ops $1.4B.