Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Steel Dynamics, Inc. (STLD) had Return on Tangible Equity of 4.96% for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$4.83B
Net Income	$403.69M
Cost of Goods Sold	$4.07B
Gross Profit	$757.88M
Operating Expenses	$4.32B
Operating Income	$507.76M
Non-Operating Income/Expense	$6.09M
Pre-Tax Income	$513.85M
Normalized Pre-Tax Income	$513.85M
Income after Taxes	$403.93M
Income from Continuous Operations	$403.93M
Consolidated Net Income/Loss	$403.93M
Normalized Income after Taxes	$403.93M
EBIT	$507.76M
EBITDA	$646.24M
Weighted-Average Shares Outstanding (Basic)	146.95M
Weighted-Average Shares Outstanding (Diluted)	147.60M
Earnings per Share (EPS) (Basic)	$2.75
Earnings per Share (EPS) (Diluted)	$2.74
Balance Sheet Financials
Current Assets	$6.08B
Property, Plant, and Equipment	$8.49B
Long-Term Assets	$9.89B
Total Assets	$15.97B
Current Liabilities	$1.96B
Long-Term Debt	$3.78B
Long-Term Liabilities	$5.18B
Total Liabilities	$7.14B
Common Equity	$8.83B
Tangible Shareholders Equity	$8.15B
Shareholders Equity	$8.83B
Common Shares Outstanding	146.16M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.18B
Cash Flow from Investing Activities	$-604.98M
Cash Flow from Financial Activities	$-391.15M
Beginning Cash	$595.01M
End Cash	$775.70M
Increase/Decrease in Cash	$180.69M
Stock-Based Compensation	$45.34M
Common Stock Dividends Paid	$-218.10M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.11
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.30
Debt to Equity Ratio	0.43
Gross Margin	15.70%
Operating Margin	10.52%
EBIT Margin	10.52%
EBITDA Margin	--
Pre-Tax Profit Margin	10.64%
Profit Margin	8.36%
Free Cash Flow	$417.29M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.30
Inventory Turnover	1.27
Receiveable Turnover	2.74
Days Sales in Receivables	32.84
Return on Equity	4.57%
Return on Tangible Equity	4.96%
Return on Assets	2.53%
Return on Investments	3.20%
Book Value Per Share	$60.41
Free Cash Flow per Share	$2.83
Operating Cash Flow per Share	$7.97

Data from Zacks Investment Research, Inc.