U.S. Markets closed

Steel Dynamics Inc (STLD) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Steel Dynamics Inc (STLD) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Steel Dynamics Inc is a steel producers and metal recycler in the United States. The company produces steel sheet products, long products and steel finishing products. It also operates metals recycling and steel fabrication business. Steel Dynamics Inc has a market cap of $8.71 billion; its shares were traded at around $37.95 with a P/E ratio of 7.10 and P/S ratio of 0.76. The dividend yield of Steel Dynamics Inc stocks is 1.97%. Steel Dynamics Inc had annual average EBITDA growth of 5.10% over the past ten years.


For the last quarter Steel Dynamics Inc reported a revenue of $2.9 billion, compared with the revenue of $2.3 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $11.8 billion, an increase of 23.9% from last year. For the last five years Steel Dynamics Inc had an average revenue growth rate of 7.8% a year.

The reported diluted earnings per share was $5.35 for the year, an increase of 59.2% from previous year. The Steel Dynamics Inc had a decent operating margin of 14.57%, compared with the operating margin of 11.18% a year before. The 10-year historical median operating margin of Steel Dynamics Inc is 6.31%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Steel Dynamics Inc has the cash and cash equivalents of $828.2 million, compared with $1 billion in the previous year. The long term debt was $2.4 billion, compared with $2.4 billion in the previous year. The interest coverage to the debt is at a comfortable level of 13.6. Steel Dynamics Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $37.95, Steel Dynamics Inc is traded at 25.8% premium to its historical median P/S valuation band of $30.17. The P/S ratio of the stock is 0.76, while the historical median P/S ratio is 0.60. The stock lost 18.64% during the past 12 months.

For the complete 20-year historical financial data of STLD, click here.

This article first appeared on GuruFocus.