When did Steel Dynamics report Q3 2024 earnings?

Steel Dynamics (STLD) reported Q3 2024 earnings on October 16, 2024 after market close.

What were Steel Dynamics's Q3 2024 revenue and EPS?

Steel Dynamics reported revenue of $4.3B and diluted EPS of $2.05 for Q3 2024.

Did Steel Dynamics beat estimates in Q3 2024?

Revenue beat the consensus estimate of $4.2B by $164.5M. EPS beat the consensus estimate of $1.97 by $0.08.

Where can I find Steel Dynamics's Q3 2024 SEC filings?

You can read the 10-Q periodic report (0001558370-24-015022) directly on SEC EDGAR. The filing index links above go to sec.gov.

Steel Dynamics STLD Q3 2024 earnings

Reported October 16, 2024 · After market close

Revenue$4.3BBeat by $164.5M Diluted EPS$2.05Beat by $0.08

Revenue estimate$4.2B

EPS estimate$1.97

Next report

Jul 20, 2026 (In 1 week)

Revenue estimate$5.6B

EPS estimate$3.66

Financials

Q3 2024

Income statement

See full

Revenue$4.3B-5.4%

Gross profit$605.2M-36.4%

Operating income$395.4M-46.1%

Net income$317.8M-44.9%

EPS (diluted)$2.05-40.9%

Balance sheet

See full

Cash & equivalents$1.0B-42.5%

Total debt$3.7B+19.0%

Total equity$9.1B+2.1%

Total assets$15.7B+4.9%

Cash flow

See full

Operating cash flow$759.9M-31.8%

CapEx$621.4M+11.3%

Free cash flow$138.5M-75.1%

Valuation & ratios

Valuation

as of 09/30/24

See full

Market cap$19.78B+11.7%

Enterprise value$22.45B+17.9%

P/E11.3×+4.6×

P/S1.1×+0.2×

Profitability

See full

Gross margin17.3%-4.9pp

Operating margin12.4%-5.1pp

Net margin9.8%-3.9pp

FCF margin2.4%-9.5pp

Returns & leverage

See full

Return on equity19.5%-12.0pp

Debt / equity0.4×+0.1×

Current ratio2.4×-1.4×

Segments

By segment

See full

Steel Operations$3.0B-8.2%

Metals Recycling Operations$1.0B-2.2%

Steel Fabrication Operations$449.8M-29.0%

Corporate And Other$411.7M+65.3%

Aluminum Operations$83.2M+16.4%

By geography

See full

Non Us$352.5M-25.1%

Other Segments-$656.8M—

Versus estimates

Revenue

Q1 2026$5.2BBeat by $106.1M Q4 2025$4.4BMiss by $137.3M Q3 2025$4.8BBeat by $63.7M Q2 2025$4.6BMiss by $150.8M Q4 2024$3.9BMiss by $97.1M

Q3 2024$4.3BBeat by $164.5M

Diluted EPS

Q1 2026$2.78Miss by $0.05 Q4 2025$1.82Beat by $0.12 Q3 2025$2.74Beat by $0.11 Q2 2025$2.01Miss by $0.23 Q4 2024$1.36Miss by $0.33

Q3 2024$2.05Beat by $0.08

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Questions, answered.

When did Steel Dynamics report Q3 2024 earnings?: Steel Dynamics (STLD) reported Q3 2024 earnings on October 16, 2024 after market close.
What were Steel Dynamics's Q3 2024 revenue and EPS?: Steel Dynamics reported revenue of $4.3B and diluted EPS of $2.05 for Q3 2024.
Did Steel Dynamics beat estimates in Q3 2024?: Revenue beat the consensus estimate of $4.2B by $164.5M. EPS beat the consensus estimate of $1.97 by $0.08.
Where can I find Steel Dynamics's Q3 2024 SEC filings?: You can read the 10-Q periodic report (0001558370-24-015022) directly on SEC EDGAR. The filing index links above go to sec.gov.