Steel Dynamics, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.54B | $7.78B | $7.59B | $8.76B | $7.37B | $7.29B | $8.00B | $6.30B |
| Cost of Revenue | $7.96B | $6.44B | $6.86B | $7.79B | $6.65B | $6.57B | $7.07B | $5.63B |
| Gross Profit | $1.58B | $1.33B | $731.7M | $966.2M | $719.1M | $719.9M | $931.5M | $675.7M |
| Gross Margin | 16.6% | 17.2% | 9.6% | 11.0% | 9.8% | 9.9% | 11.6% | 10.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $515.1M | $474.1M | $376.0M | $385.9M | $332.6M | $328.7M | — | — |
| Operating Income | $1.07B | $728.0M | $-72.8M | $320.3M | $386.5M | $391.2M | $584.8M | $364.8M |
| Operating Margin | 11.2% | 9.4% | -1.0% | 3.7% | 5.2% | 5.4% | 7.3% | 5.8% |
| Interest Expense | $134.4M | $146.0M | $154.0M | $137.3M | $127.7M | $158.6M | $177.0M | $170.2M |
| Pretax Income | $935.2M | $564.1M | $-242.1M | $164.8M | $262.8M | $204.1M | $424.3M | $213.5M |
| Income Tax Expense | $129.4M | $204.1M | $-96.9M | $73.2M | $99.3M | $61.8M | $158.6M | $83.9M |
| Net Income | $805.8M | $360.0M | $-145.2M | $91.7M | $163.5M | $142.3M | $265.7M | $140.7M |
| Net Margin | 8.4% | 4.6% | -1.9% | 1.0% | 2.2% | 2.0% | 3.3% | 2.2% |
| EPS (Basic) | $3.38 | $1.57 | $-0.54 | $0.68 | $0.86 | $0.75 | $1.27 | $0.65 |
| EPS (Diluted) | $3.36 | $1.56 | $-0.54 | $0.67 | $0.83 | $0.73 | $1.22 | $0.64 |
| Shares Outstanding (Basic) | 240.1M | 243.6M | 242.0M | 232.5M | 220.9M | 219.2M | 218.5M | 216.8M |
| Shares Outstanding (Diluted) | 241.8M | 245.3M | 242.0M | 242.1M | 239.0M | 236.6M | 236.0M | 234.7M |
| Dividends Per Share | $0.62 | $0.56 | $0.55 | $0.46 | $0.44 | $0.40 | $0.40 | $0.30 |