Steel Dynamics (STLD) Financials

Steel Dynamics Inc (STLD) is a leading steel producer in the United States, known for its efficient operations and strong financial performance. The company's income statement reflects its ability to generate consistent earnings and growth. In the most recent financial period, Steel Dynamics reported a revenue of $10.5 billion, a 6% increase compared to the previous year. Gross profit for the period stood at $2.1 billion, with a gross margin of 20%. The company's operating income, or EBIT, was $1.2 billion, while EBITDA reached $1.5 billion. These figures demonstrate Steel Dynamics' ability to generate solid operating profits.

On the balance sheet, Steel Dynamics shows a strong financial position. The company's total assets stand at $13.2 billion, with stockholders' equity of $6.5 billion. Total liabilities amount to $6.7 billion, including a net debt of $2.1 billion. However, Steel Dynamics also maintains a healthy level of cash equivalents, providing liquidity and financial flexibility. The company's cash equivalents position stands at $1.3 billion, helping to support its operations and strategic initiatives.