steel dynamics, inc. is unique among american steel companies. founded in 1993, sdi began production at its butler, in, flat roll mill in 1996. this state-of-the-art mill remains a world leader in its productivity and production of flat roll steel. finishing facilities at the butler mill and in jeffersonville, in, produce pickled, cold roll, galvanized, and painted flat roll steel. new millennium building systems, a steel fabrication business producing joists, girders, and decking for nonresidential construction projects, began operations in 2000, and today consists of 6 manufacturing facilities in the u.s. and mexico. sdi entered the steel long-products business in 2002, with the production of wide-flange beams at the company’s minimill in columbia city, in. in 2010, it was expanded to include production of standard rail, and in 2013 the capability for manufacturing premium rail was added. also in 2002, sdi acquired a steel mill near indianapolis to produce engineered bar steel and

Company profile
Ticker
STLD
Exchange
Website
CEO
Mark Millett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Aluminum Dynamics, LLC • Mesabi Nugget Delaware, LLC • New Millennium Building Systems, LLC • OmniSource, LLC • Roanoke Electric Steel Corporation • SDI Biocarbon Solutions, LLC • Steel Dynamics Columbus, LLC • Steel Dynamics Enterprises, Inc. • Steel Dynamics Heartland, LLC • Steel Dynamics Sales North America, Inc. ...
IRS number
351929476
STLD stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Steel Dynamics Provides Third Quarter 2023 Earnings Guidance
19 Sep 23
8-K
Steel Dynamics Appoints Jennifer Hamann
15 Sep 23
8-K
Steel Dynamics Announces Third Quarter 2023 Cash Dividend
21 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Other Events
2 Aug 23
8-K
Entry into a Material Definitive Agreement
21 Jul 23
8-K
Steel Dynamics Reports Second Quarter 2023 Results
20 Jul 23
UPLOAD
Letter from SEC
13 Jul 23
8-K
Other Events
10 Jul 23
CORRESP
Correspondence with SEC
7 Jul 23
Transcripts
STLD
Earnings call transcript
2023 Q2
20 Jul 23
STLD
Earnings call transcript
2023 Q1
20 Apr 23
STLD
Earnings call transcript
2022 Q4
26 Jan 23
STLD
Earnings call transcript
2022 Q3
20 Oct 22
STLD
Earnings call transcript
2022 Q2
21 Jul 22
STLD
Earnings call transcript
2022 Q1
21 Apr 22
STLD
Earnings call transcript
2021 Q4
25 Jan 22
STLD
Earnings call transcript
2021 Q3
19 Oct 21
STLD
Earnings call transcript
2021 Q2
20 Jul 21
STLD
Earnings call transcript
2021 Q1
20 Apr 21
Latest ownership filings
4
Luis Manuel Sierra
18 Aug 23
4
Christopher A Graham
17 Aug 23
144
Notice of proposed sale of securities
14 Aug 23
4
Christopher A Graham
8 Aug 23
4
Gabriel Shaheen
2 Aug 23
4
Luis Manuel Sierra
14 Jul 23
4
RICHARD P TEETS JR
14 Jul 23
4
Steven Alan Sonnenberg
14 Jul 23
4
Gabriel Shaheen
14 Jul 23
4
Bradley S Seaman
14 Jul 23
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.48 bn | 1.48 bn | 1.48 bn | 1.48 bn | 1.48 bn | 1.48 bn |
Cash burn (monthly) | 43.19 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 124.37 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.36 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 31.4 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 682 |
Opened positions | 75 |
Closed positions | 96 |
Increased positions | 230 |
Reduced positions | 287 |
13F shares | Current |
---|---|
Total value | 14.53 tn |
Total shares | 133.69 mm |
Total puts | 635.10 k |
Total calls | 1.60 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.30 mm | $2.32 tn |
BLK Blackrock | 16.37 mm | $1.78 tn |
STT State Street | 8.15 mm | $891.74 bn |
FMR | 7.93 mm | $863.70 bn |
Dimensional Fund Advisors | 4.62 mm | $503.23 bn |
Royal London Asset Management | 3.73 mm | $406.57 bn |
Geode Capital Management | 3.64 mm | $396.02 bn |
Capital Research Global Investors | 2.77 mm | $301.95 bn |
IVZ Invesco | 2.68 mm | $292.45 bn |
MS Morgan Stanley | 2.59 mm | $282.41 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Aug 23 | Luis Manuel Sierra | Common Stock | Grant | Acquire A | No | No | 0 | 319 | 0.00 | 6,006 |
15 Aug 23 | Graham Christopher A | Common Stock | Sell | Dispose S | No | No | 105.11 | 16,017 | 1.68 mm | 61,353 |
15 Aug 23 | Graham Christopher A | Common Stock | Sell | Dispose S | No | No | 105.03 | 16,957 | 1.78 mm | 77,370 |
15 Aug 23 | Graham Christopher A | Common Stock | Sell | Dispose S | No | No | 104.93 | 15,026 | 1.58 mm | 94,327 |
4 Aug 23 | Graham Christopher A | Common Stock | Sale back to company | Dispose D | No | No | 105.44 | 3,897 | 410.90 k | 109,353 |
4 Aug 23 | Graham Christopher A | Common Stock | Option exercise | Acquire M | No | No | 42.83 | 3,897 | 166.91 k | 113,250 |
4 Aug 23 | Graham Christopher A | Common Stock | Sale back to company | Dispose D | No | No | 105.44 | 3,269 | 344.68 k | 109,353 |
4 Aug 23 | Graham Christopher A | Common Stock | Option exercise | Acquire M | No | No | 29.13 | 3,269 | 95.23 k | 112,622 |
4 Aug 23 | Graham Christopher A | Stock Appreciation Rights Common Stock | Option exercise | Dispose M | No | No | 42.83 | 3,897 | 166.91 k | 3,016 |
4 Aug 23 | Graham Christopher A | Stock Appreciation Rights Common Stock | Option exercise | Dispose M | No | No | 29.13 | 3,269 | 95.23 k | 0 |
News
US Stocks See Modest Gains, Energy Outperforms, Bond Carnage Deepens: What's Driving Markets Monday?
25 Sep 23
Benzinga's Top Ratings Upgrades, Downgrades For September 25, 2023
25 Sep 23
Citigroup Upgrades Steel Dynamics to Buy, Announces $130 Price Target
25 Sep 23
BMO Capital Maintains Market Perform on Steel Dynamics, Lowers Price Target to $107
19 Sep 23
Steel Dynamics Issues Caution on Q3 Outlook - What's Going On?
18 Sep 23
Press releases
Steel Dynamics Provides Third Quarter 2023 Earnings Guidance
18 Sep 23
Steel Dynamics Appoints Jennifer Hamann to the Company's Board of Directors
15 Sep 23
Steel Dynamics Announces Third Quarter 2023 Cash Dividend
18 Aug 23
Sinton Texas Flat Roll Steel Mill Hot Mill Restart
1 Aug 23
Steel Dynamics Accelerates Progress Towards Decarbonization Goals with Renewable Energy
31 Jul 23