Steel Dynamics, Inc STLD Income Statement

Steel dynamics, inc (STLD)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Net sales
Unrelated parties
10,451	11,801	9,364	7,607	7,407	8,481	7,087	7,007	7,718	6,060	3,810	7,743	4,158
Related parties
13	20	174	169	187	274	285	282	278	239	148	337	225
Total net sales
10,464	11,821	9,538	7,777	7,594	8,755	7,372	7,290	7,997	6,300	3,958	8,080	4,384
Costs of goods sold
8,934	9,499	7,956	6,442	6,862	7,789	6,653	6,570	7,065	5,625	3,559	6,849	3,468
Gross profit
1,530	2,322	1,582	1,334	731	966	719	719	931	675	399	1,231	915
Selling, general and administrative expenses
436	416	394	374	328	317	272	257	263	227	223	276	151
Profit sharing
78	155	91	71	23	42	27	26	43	25	2	66	61
Amortization of intangible assets
29	27	29	28	24	26	31	35	39	45	53	41	11
Impairment charges
-	-	-	132	428	260	0	8	-	12	-	-	-
Operating income
986	1,722	1,066	727	-72	320	386	391	584	364	119	846	690
Interest expense, net of capitalized interest
127	126	134	146	153	137	127	158	176	170	141	144	55
Other income, net
15	23	2	-17	-15	-18	4	-28	16	18	3	33	-5
Income before income taxes
875	1,619	935	564	-242	164	262	204	424	213	-18	734	629
Income tax expense
197	363	129	204	-96	73	99	61	158	83	-7	280	235
Net income
677	1,255	805	360	-145	91	163	142	265	129	-11	454	394
Net income attributable to noncontrolling interests
6	-2	-6	-22	-14	-65	-25	-21	-12	-11	-2	-8	-0
Net income attributable to Steel Dynamics, Inc.
671	1,258	812	382	-130	157	189	163	278	140	-8	463	394
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders
3.06	5.38	3.38	1.57	-0.54	0.68	0.86	0.75	1.27	0.65	-0.04	2.45	2.12
Weighted average common shares outstanding (in shares)
219	233	240	243	242	232	220	219	218	216	200	189	186
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share)
3.04	5.35	3.36	1.56	-0.54	0.67	0.83	0.73	1.22	0.64	-0.04	2.38	2.01
Weighted average common shares and share equivalents outstanding (in shares)
220	235	241	245	242	242	238	236	235	234	200	194	196
Dividends declared per share (in dollars per share)
0.96	0.75	0.62	0.56	0.55	0.46	0.44	0.40	0.40	0.30	0.32	0.40	0.30