Steel Dynamics Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 |
|---|---|---|---|---|---|
| Revenue | $6.30B | $4.02B | $8.07B | $4.41B | $3.21B |
| Steel Operations | $4.13B | $2.61B | $4.92B | $3.58B | $2.88B |
| Metals Recycling Operations | $1.89B | $1.17B | $2.73B | $432.6M | $0 |
| Steel Fabrication Operations | $279.5M | $237.2M | $428.3M | $394.8M | $333.6M |
| Other Operations | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $5.63B | $3.56B | $6.85B | $3.47B | — |
| Gross Profit | $675.7M | $399.1M | $1.23B | $915.7M | — |
| Gross Margin | 10.7% | 9.9% | 15.3% | 20.8% | — |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — |
| Operating Income | $364.8M | $119.5M | $846.4M | $690.7M | — |
| Operating Margin | 5.8% | 3.0% | 10.5% | 15.7% | — |
| Interest Expense | $170.2M | $141.4M | $144.6M | $55.4M | — |
| Pretax Income | $213.5M | $-18.2M | $734.9M | $629.8M | — |
| Income Tax Expense | $83.9M | $-7.2M | $280.4M | $235.7M | — |
| Net Income | $140.7M | $-8.2M | $463.4M | $394.6M | — |
| Net Margin | 2.2% | -0.2% | 5.7% | 8.9% | — |
| EPS (Basic) | $0.65 | $-0.04 | $2.45 | $2.12 | — |
| EPS (Diluted) | $0.64 | $-0.04 | $2.38 | $2.01 | — |
| Shares Outstanding (Basic) | 216.8M | 200.7M | 189.1M | 186.3M | — |
| Shares Outstanding (Diluted) | 234.7M | 200.7M | 194.6M | 196.8M | — |
| Dividends Per Share | $0.30 | $0.33 | $0.40 | $0.30 | — |