Financial Statements

Steel Dynamics, Inc. (STLD)

$87.79

+3.40 (+4.03%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 4,7594,4193,9582,875-
Net Income 3,2145516711,258813
Stock Dividends 1-2-10-62,208
Dividend Paid -213-209-200-169-146
Retained Earnings 7,7614,7594,4193,9582,875

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4,1063,1362,9462,676-
Annual Depreciation 1,6522,1686425092,841
Capital Expenditure -1,006-1,198-452-239-165
Net PPE 4,7514,1063,1362,9462,676

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -387430453457
New Purchases --269-396-149-
Intangible and Goodwill 387430453457454

Steel Dynamics, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Steel Dynamics, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.