Steel Dynamics, Inc.
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $3.96B | $8.08B | $4.38B |
| Cost of Revenue | $3.56B | $6.85B | $3.47B |
| Gross Profit | $399.1M | $1.23B | $915.7M |
| Gross Margin | 10.1% | 15.2% | 20.9% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | — | — | — |
| Operating Income | $119.5M | $846.4M | $690.7M |
| Operating Margin | 3.0% | 10.5% | 15.8% |
| Interest Expense | $141.4M | $144.6M | $55.4M |
| Pretax Income | $-18.2M | $734.9M | $629.8M |
| Income Tax Expense | $-7.2M | $280.4M | $235.7M |
| Net Income | $-8.2M | $463.4M | $394.6M |
| Net Margin | -0.2% | 5.7% | 9.0% |
| EPS (Basic) | $-0.04 | $2.45 | $2.12 |
| EPS (Diluted) | $-0.04 | $2.38 | $2.01 |
| Shares Outstanding (Basic) | 200.7M | 189.1M | 186.3M |
| Shares Outstanding (Diluted) | 200.7M | 194.6M | 196.8M |
| Dividends Per Share | $0.33 | $0.40 | $0.30 |