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Steel Dynamics Inc  (STLD)
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials
 

The Iron & Steel company reported that Revenues decreased in single digits, during the financial span ending December 31 2022

Steel Dynamics Inc reported fourth quarter of 2022 operating surplus of $759.048 million


Published Mar 23 2023
Goran Soko / CSIMarket.com Contributer


Port_talbot_large_pdIn the financial time-frame closing December 31 2022 earnings per share dropped by -33.76 % to $3.63 per share due to Revenue decrease of -9.121 % to $4.83 billions, year on year.

In the preceding quarter STLD realized Revenue of $5.65 billions and bottom line of $5.03 per share.


Net income of $639.011 millions in the financial time-frame closing December 31 2022 fell by -41.68 % from $1,095.697 millions in the corresponding period a year before. Looking further into financial time-frame closing December 31 2022 Steel Dynamics Inc 's profitability, operating margin mitigated to 15.73%, and net margin shrank to 13.24%.
Operating earnings, fell -46.89% to $759.048 millions, squeezing Steel Dynamics Inc 's operating margin to 15.73%, from 26.91% in the fourth quarter of 2021. Observing deeper the financial numbers for the financial 12 Months 2022, company disclosed Revenues of $22.26 billions and bottom-line of $3.88 billions.

Iron & Steel company explained also, that Earnings per share grew by 34.45 % to $20.92 per share from $15.56 in the preceding financial 12 Months , industry's contribution addsRevenues improved by 20.92 % from $18.41 billions a year before.

Steel Dynamics Inc is expected to report next financial earnings on April 28, 2023.



Steel Dynamics Inc's Executive Officers

Steel Dynamics Inc's ROA



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