Steel Dynamics, Inc. Financial Ratios — STLD Stock

Profitability	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	7.89	14.51	7.98	8.87	7.12	-6.21	18.3	31.96	36.83	16.02	12	51.34	40.37	19.67	10.85
Return on Assets (%)	2.63	4.81	2.77	3.22	2.39	-1.94	6.05	12.24	17.29	8.4	6.28	29.49	28.94	16.86	10.3
Return on Capital (%)	6.2	9.23	6.71	6.76	6.24	- -	10.95	19.21	23.64	11.36	8.1	34.41	30.97	16.08	9.06
Return on Invested Capital (%)	5.6	8.51	6.31	5.49	6.52	- -	11.34	18.29	24.41	12.64	10.55	42.86	41.59	22.74	13.69
Gross Margin (%)	10.72	11.65	9.87	9.75	11.03	9.63	17.16	16.59	19.65	14.63	14.94	29.13	27.48	21.53	15.98
EBITDA Margin (%)	9.96	10.64	8.94	8.76	10.12	8.87	15.79	15.28	18.57	13.24	13.06	27.36	26.63	20.54	14.75
Operating Margin (%)	6.4	7.85	5.85	5.62	7.11	4.99	11.99	12.14	15.89	10.18	9.67	25.47	24.91	18.21	12.02
Incremental Operating Margin (%)	12.1	13.26	28.5	-14.28	15.03	20.98	302.85	12.83	31.55	59.95	15.82	42.7	22.2	61.21	104.81
Pretax Margin (%)	3.39	5.31	2.8	3.56	1.88	-3.19	7.25	9.8	13.7	8.36	7.35	22.86	22.56	17.13	11.3
Profit Margin (%)	2.23	3.48	2.24	2.57	1.79	-1.72	4.91	8.52	10.64	6.41	5.74	17.46	17.35	13.04	8.76
Net Income to Common Margin (%)	2.23	3.48	2.24	2.57	1.79	-1.72	4.91	8.52	10.64	6.41	5.74	17.46	17.35	13.04	8.76
Effective Tax Rate (%)	39.29	37.38	30.28	37.79	44.39	- -	36.18	13.84	22.47	22.56	19.09	22.86	22.74	23.35	21.83
Dvd Payout Ratio (%)	54.83	32.33	72.42	68.85	401.05	-79.72	40.18	18.22	13.48	29.25	35.42	6.49	6.09	10.92	18.08
Sustainable Growth Rate (%)	3.56	9.82	2.2	2.76	-21.44	-11.17	10.94	26.13	31.86	11.33	7.75	48	37.91	17.52	8.88

Credit	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	2,387	2,380	2,202	2,108	2,982	2,595	2,357	2,382	2,377	2,734	3,103	3,106	3,071	3,071	3,231
LT Debt	2,378	1,936	2,173	1,766	2,935	2,578	2,353	2,353	2,352	2,645	3,016	3,009	3,013	2,611	2,804
ST Debt	9	444	30	342	46	17	4	29	24	89	87	97	57	460	427
Total Debt/EBITDA	3.8	2.8	3.38	3.26	3.37	3.85	1.92	1.63	1.08	1.97	2.47	0.62	0.52	0.8	1.25
Net Debt/EBITDA	3.51	2.34	2.8	2.65	2.96	2.77	1.23	0.93	0.71	0.98	1.38	0.37	0.24	0.43	1.02
Total Debt/EBIT	5.92	3.79	5.16	5.08	4.79	6.85	2.53	2.06	1.27	2.57	3.34	0.66	0.55	0.9	1.53
Net Debt/EBIT	5.46	3.17	4.28	4.13	4.21	4.93	1.63	1.17	0.82	1.27	1.87	0.4	0.26	0.49	1.25
EBITDA to Interest Expense	3.69	4.81	4.11	5.05	6.45	4.37	8.41	10.84	17.34	10.9	13.22	88.04	64.77	50.48	45.91
EBITDA-CapEx/Interest Expense	2.9	3.86	2.7	3.59	5.64	3.63	7.05	9.62	15.45	7.35	0.59	70.45	54.84	28.8	12.76
EBIT to Interest Expense	2.37	3.55	2.69	3.25	4.53	2.46	6.38	8.62	14.83	8.38	9.78	81.97	60.57	44.76	37.41
Interest Expense	170	177	159	128	137	154	146	134	127	127	95	57	92	76	56
Common Equity/Total Assets	32.59	33.66	35.91	36.75	30.81	31.7	34.42	41.94	51.39	53.41	51.37	61.94	80.34	90.86	99.09
Long-Term Debt/Equity (%)	111.58	81.67	87.72	67.6	100.46	96.5	81.46	71.17	60.52	65.07	69.36	47.6	37.22	29.54	31.35
Long-Term Debt/Capital (%)	55.99	43.53	49.81	40.57	56.24	56.63	51.95	45.15	37.41	37.03	38.34	27.64	20.91	15.74	15.54
Long-Term Debt/Total Assets (%)	42.54	32.38	37.36	29.77	40.58	41.57	36.63	34.32	30.54	31.96	32.55	24.01	21.28	17.51	18.77
Total Debt/Equity (%)	112	100.4	88.92	80.68	102.05	97.13	81.59	72.04	61.14	67.27	71.35	49.14	37.93	34.74	36.12
Total Debt/Capital (%)	56.2	53.52	50.49	48.42	57.13	57	52.03	45.7	37.8	38.28	39.45	28.54	21.31	18.51	17.91
Total Debt/Total Assets (%)	42.7	39.81	37.87	35.52	41.22	41.84	36.69	34.74	30.85	33.04	33.49	24.79	21.68	20.6	21.63
Net Debt to Equity	103.25	83.92	73.74	65.55	89.69	69.91	52.46	40.93	39.84	33.28	39.88	29.46	17.81	18.89	29.53
Net Debt/Capital (%)	54.19	49.04	45.82	43.27	53.94	48.82	41.09	32.35	28.36	23.48	26.69	19.32	11.28	11	15.14
EBITDA	628	851	652	646	886	673	1,228	1,457	2,196	1,386	1,254	5,037	5,929	3,861	2,587
EBITDA-CapEx	494	684	428	459	774	559	1,030	1,292	1,956	934	56	4,031	5,020	2,203	719
Operating Income (Loss)	403	628	426	415	622	379	932	1,158	1,878	1,065	928	4,689	5,544	3,423	2,108

Liquidity	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	0.33	0.43	0.67	0.41	0.42	1.36	1.18	1.18	1.04	1.63	1.09	0.56	1.11	0.91	0.34
Current Ratio	3.56	2.23	3.77	2.54	3.45	4.74	4.11	4.04	3.96	4.22	3.38	3.1	3.76	2.91	2.53
Quick Ratio	1.51	1.1	1.72	1.14	1.49	2.5	2.2	2.18	2.06	2.47	1.86	1.42	2.12	1.6	1
CFO/Avg Current Liab	0.29	0.59	0.52	0.39	0.69	1.52	1.37	0.94	1.5	1.38	0.87	1.26	2.09	1.61	0.82
Common Equity/Total Assets	32.59	33.66	35.91	36.75	30.81	31.7	34.42	41.94	51.39	53.41	51.37	61.94	80.34	90.86	99.09
Long-Term Debt/Equity (%)	111.58	81.67	87.72	67.6	100.46	96.5	81.46	71.17	60.52	65.07	69.36	47.6	37.22	29.54	31.35
Long-Term Debt/Capital (%)	55.99	43.53	49.81	40.57	56.24	56.63	51.95	45.15	37.41	37.03	38.34	27.64	20.91	15.74	15.54
Long-Term Debt/Total Assets (%)	42.54	32.38	37.36	29.77	40.58	41.57	36.63	34.32	30.54	31.96	32.55	24.01	21.28	17.51	18.77
Total Debt/Equity (%)	112	100.4	88.92	80.68	102.05	97.13	81.59	72.04	61.14	67.27	71.35	49.14	37.93	34.74	36.12
Total Debt/Capital (%)	56.2	53.52	50.49	48.42	57.13	57	52.03	45.7	37.8	38.28	39.45	28.54	21.31	18.51	17.91
Total Debt/Total Assets (%)	42.7	39.81	37.87	35.52	41.22	41.84	36.69	34.74	30.85	33.04	33.49	24.79	21.68	20.6	21.63
CFO/Total Liabilities	4.89	13.48	13.35	9.4	14.57	29.84	24.12	20.83	37.09	33.16	20.07	35.49	73.55	58	30.79
CFO/CapEx	1.27	2.91	1.99	1.67	5.62	9.2	4.3	4.48	5.91	3.09	0.82	2.19	4.91	2.12	0.99
Altman's Z-Score	3.23	3.39	3.34	3.43	3.2	3.14	4.13	4.81	4.85	4.17	3.59	5.45	6.44	5.75	5.23

Working Capital	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	12.86	12.24	10.68	10.82	10.79	10.02	11.58	11.93	12.36	11.09	10.57	12.75	11.21	10.26	11.6
Days Sales Outstanding	28.39	29.82	34.17	33.74	33.84	36.44	31.52	30.59	29.53	32.93	34.52	28.63	32.57	35.58	31.48
Inventory Turnover	5.72	6.11	5.47	5.29	5.31	4.96	5.31	5.69	5.62	5.04	4.62	4.85	4.85	4.9	4.91
Days Inventory Outstanding	63.81	59.76	66.72	69.04	68.72	73.6	68.69	64.1	64.91	72.48	78.94	75.18	75.31	74.54	74.4
Accounts Payable Turnover	19.94	18.92	16.83	17.46	17.48	16.1	19.36	18.54	18.92	16.47	12.97	14.37	13.7	13.79	14.46
Accounts Payable Turnover Days	18.31	19.29	21.68	20.9	20.88	22.68	18.85	19.69	19.29	22.16	28.13	25.39	26.64	26.48	25.24
Cash Conversion Cycle	73.89	70.29	79.21	81.88	81.68	87.37	81.36	75	75.14	83.25	85.33	78.43	81.23	83.65	80.65
Inventory to Cash Days	-35.42	-29.93	-32.55	-35.31	-34.88	-37.16	-37.16	-33.51	-35.38	-39.55	-44.42	-46.55	-42.74	-38.96	-42.92
Inventories	1,114	1,200	1,203	1,315	1,618	1,149	1,275	1,519	1,859	1,689	1,844	3,531	3,130	2,895	3,114
Raw Materials	822	861	873	954	1,139	816	899	1,050	1,248	1,185	1,291	2,423	2,237	1,938	2,129
Work In Process	94	107	83	85	129	90	104	129	195	155	163	402	256	297	269
Finished Goods	198	232	247	276	350	243	273	341	416	349	390	706	636	660	716
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	2,850	2,124	2,297	3,384	3,686	3,575	7,319	8,899	6,152	6,747	7,293	12,145	17,389	19,385	17,729
- Cash & Cash Equivalents	187	391	376	395	361	727	841	1,029	828	1,381	1,369	1,244	1,628	1,401	589
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	38	55	71	65	9	-8	-38	-45	-48	-11	3	16	-35	-27	11
+ Total Debt	2,387	2,380	2,202	2,108	2,982	2,595	2,357	2,382	2,377	2,734	3,103	3,106	3,071	3,071	3,231
Enterprise Value	5,089	4,083	4,163	5,162	6,315	5,434	8,796	10,207	7,424	7,827	9,030	14,022	18,169	20,307	20,233
Total Capital	4,247	4,447	4,362	4,353	5,219	4,552	4,530	5,212	6,288	7,143	7,865	10,883	14,412	16,590	18,041
Total Debt/Capital (%)	56.2	53.52	50.49	48.42	57.13	57	52.03	45.7	37.8	38.28	39.45	28.54	21.31	18.51	17.91
Total Debt / EV	0.47	0.58	0.53	0.41	0.47	0.48	0.27	0.23	0.32	0.35	0.34	0.22	0.17	0.15	0.16
EV/Sales	0.81	0.51	0.57	0.7	0.72	0.72	1.13	1.07	0.63	0.75	0.94	0.76	0.82	1.08	1.15
EV/EBITDA	8.11	4.8	6.39	8	7.13	8.07	7.16	7	3.38	5.65	7.2	2.78	3.06	5.26	7.82
EV/EBIT	12.63	6.5	9.76	12.45	10.15	14.35	9.44	8.81	3.95	7.35	9.73	2.99	3.28	5.93	9.6
EV/Cash Flow to Firm	18.66	6.84	7.48	13.18	8.96	4.74	9.3	11.94	4.9	5.24	8.49	6.24	4.01	5.67	10.71
EV/Free Cash Flow to Firm	12.53	5.34	5.34	8.92	7.74	4.31	7.69	10.01	4.23	4.02	3.99	4.31	3.34	3.88	5.39
Diluted Market Cap	3,087	2,294	2,480	3,661	3,837	3,575	7,371	8,960	6,186	6,781	7,334	12,234	17,506	19,487	17,810
Diluted Enterprise Value	5,325	4,338	4,377	5,439	6,466	5,434	8,848	10,268	7,686	8,123	9,072	14,111	18,913	21,130	20,463
EV per Share	23.48	18.69	18.99	23.37	27.16	22.45	36.11	42.51	31.74	35.64	42.77	68.36	99.07	121.92	130.19
TTM Sales	6,301	7,998	7,290	7,373	8,756	7,594	7,777	9,539	11,822	10,465	9,601	18,409	22,261	18,795	17,540
TTM EBITDA	628	851	652	646	886	673	1,228	1,457	2,196	1,386	1,254	5,037	5,929	3,861	2,587
TTM Operating Income	403	628	426	415	622	379	932	1,158	1,878	1,065	928	4,689	5,544	3,423	2,108
TTM Cash Flow to Firm	273	597	556	392	705	1,146	946	855	1,514	1,495	1,064	2,248	4,531	3,579	1,889
TTM Free Cash Flow to Firm	406	764	780	578	816	1,260	1,144	1,020	1,753	1,947	2,262	3,255	5,440	5,236	3,757

Multiples	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Earnings	20.26	7.64	14.04	17.88	23.47	- -	19.16	10.95	4.89	10.05	13.24	3.78	4.5	7.91	11.53
Price/Earnings Average	17.14	8.74	13.09	14.53	23.18	-29.16	13.37	9.04	7.12	9.23	10.2	3.44	3.65	7.19	12.86
Price/Earnings High	31.53	16.26	22.32	23.04	37.78	-43.03	25.61	12.97	9.68	12.88	15.42	4.75	5.37	9.27	15.73
Price/Earnings Low	19.86	6.9	13.55	16.16	23.4	-30.14	9.77	9.5	5.37	8.19	5.74	2.16	2.4	6.15	10.58
Price/Book Value	1.56	1.06	1.1	1.55	1.65	1.82	3.31	3.1	1.55	1.53	1.53	1.56	1.53	1.43	1.2
Price/Book Value Average	1.32	1.21	1.02	1.26	1.63	1.93	2.31	2.55	2.26	1.4	1.18	1.42	1.24	1.3	1.34
Price/Book Value High	2.44	2.25	1.75	2	2.66	2.85	4.43	3.67	3.08	1.96	1.78	1.97	1.82	1.68	1.63
Price/Book Value Low	1.53	0.95	1.06	1.4	1.65	2	1.69	2.68	1.71	1.24	0.66	0.89	0.81	1.11	1.1
Price/Tangible Book Value	3.2	1.81	1.74	2.27	2.04	1.79	3.31	3.34	1.93	2.05	2.04	2.18	2.37	2.39	2.15
Price/Tangible Book Value Average	2.71	2.07	1.62	1.84	2.02	1.9	2.31	2.76	2.81	1.89	1.58	1.98	1.92	2.17	2.4
Price/Tangible Book Value High	4.98	3.85	2.76	2.92	3.28	2.81	4.42	3.96	3.82	2.63	2.38	2.74	2.83	2.8	2.93
Price/Tangible Book Value Low	3.14	1.63	1.68	2.05	2.03	1.97	1.69	2.9	2.12	1.67	0.89	1.24	1.27	1.86	1.97
Price/Sales	0.45	0.27	0.32	0.46	0.42	0.47	0.94	0.93	0.52	0.64	0.76	0.66	0.78	1.03	1.01
Price/Sales Average	0.38	0.3	0.29	0.37	0.42	0.5	0.66	0.77	0.76	0.59	0.59	0.6	0.63	0.94	1.13
Price/Sales High	0.7	0.57	0.5	0.59	0.68	0.74	1.26	1.1	1.03	0.83	0.88	0.83	0.93	1.21	1.38
Price/Sales Low	0.44	0.24	0.3	0.41	0.42	0.52	0.48	0.81	0.57	0.53	0.33	0.38	0.42	0.8	0.93
Price/Cash Flow	16.84	4.37	5.15	10.84	5.87	3.39	8.58	12.04	4.35	4.83	7.39	5.51	3.9	5.51	9.61
Price/Cash Flow Average	14.24	5	4.8	8.81	5.79	3.61	5.99	9.93	6.33	4.44	5.69	5.01	3.16	5.01	10.72
Price/Cash Flow High	26.21	9.3	8.19	13.97	9.44	5.32	11.47	14.25	8.61	6.19	8.6	6.92	4.65	6.46	13.11
Price/Cash Flow Low	16.5	3.94	4.97	9.8	5.85	3.73	4.38	10.44	4.78	3.94	3.2	3.14	2.08	4.28	8.81
Price/Free Cash Flow	10.2	3.51	3.71	7.34	5.18	3.06	7.01	9.91	3.74	3.67	3.36	3.81	3.26	3.76	4.8
Price/Free Cash Flow Average	8.63	4.02	3.45	5.96	5.12	3.25	4.9	8.18	5.44	3.37	2.59	3.46	2.64	3.42	5.35
Price/Free Cash Flow High	15.87	7.48	5.89	9.45	8.35	4.8	9.38	11.73	7.4	4.7	3.91	4.79	3.89	4.41	6.54
Price/Free Cash Flow Low	10	3.17	3.57	6.63	5.17	3.36	3.58	8.6	4.11	2.99	1.46	2.17	1.74	2.93	4.4
EV/Sales	0.81	0.51	0.57	0.7	0.72	0.72	1.13	1.07	0.63	0.75	0.94	0.76	0.82	1.08	1.15
EV/Sales Average	0.74	0.56	0.55	0.61	0.72	0.75	0.85	0.91	0.88	0.72	0.77	0.7	0.7	1.03	1.28
EV/Sales High	1.06	0.82	0.76	0.83	0.98	0.98	1.45	1.24	1.16	0.95	1.07	0.93	1	1.3	1.53
EV/Sales Low	0.8	0.5	0.56	0.66	0.72	0.76	0.67	0.95	0.7	0.65	0.51	0.48	0.48	0.89	1.08
EV/EBITDA	8.11	4.8	6.39	8	7.13	8.07	7.16	7	3.38	5.65	7.2	2.78	3.06	5.26	7.82
EV/EBITDA Average	7.41	5.26	6.2	7.02	7.08	8.4	5.36	5.94	4.76	5.44	5.87	2.57	2.61	4.99	8.67
EV/EBITDA High	10.63	7.72	8.52	9.51	9.67	11.09	9.17	8.13	6.23	7.2	8.16	3.4	3.74	6.31	10.37
EV/EBITDA Low	8.02	4.66	6.31	7.49	7.12	8.59	4.24	6.2	3.76	4.93	3.91	1.75	1.8	4.33	7.31
EV/EBIT	12.63	6.5	9.76	12.45	10.15	14.35	9.44	8.81	3.95	7.35	9.73	2.99	3.28	5.93	9.6
EV/EBIT Average	11.54	7.13	9.47	10.92	10.07	14.94	7.07	7.47	5.57	7.08	7.93	2.76	2.79	5.63	10.64
EV/EBIT High	16.56	10.46	13.01	14.81	13.75	19.71	12.08	10.23	7.29	9.38	11.02	3.65	4	7.12	12.73
EV/EBIT Low	12.49	6.31	9.65	11.67	10.13	15.28	5.59	7.8	4.4	6.42	5.28	1.88	1.93	4.89	8.97
Last Price	13.15	9.72	10.48	15.32	15.85	14.77	30.05	37.06	26.3	30.72	34.54	59.21	94.82	116.39	114.07
High Price	20.47	20.7	16.66	19.74	25.51	23.17	40.17	43.89	52.1	39.35	40.22	74.37	113.12	136.46	155.56
Low Price	12.89	8.78	10.11	13.85	15.8	16.23	15.32	32.15	28.91	25.03	14.98	33.77	50.54	90.55	104.6
Enterprise Value	5,089	4,083	4,163	5,162	6,315	5,434	8,796	10,207	7,424	7,827	9,030	14,022	18,169	20,307	20,233
Enterprise Value Average	4,650	4,474	4,038	4,529	6,270	5,660	6,587	8,653	10,459	7,537	7,357	12,920	15,492	19,268	22,428
Enterprise Value High	6,676	6,566	5,549	6,138	8,562	7,467	11,261	11,847	13,688	9,985	10,229	17,132	22,153	24,371	26,830
Enterprise Value Low	5,033	3,962	4,113	4,837	6,304	5,787	5,209	9,028	8,263	6,839	4,900	8,804	10,676	16,724	18,909

Per Share Data Items	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	218	219	220	223	241	243	244	237	225	215	211	195	173	160	151
Diluted Weighted Avg Shares	235	236	237	239	242	242	245	242	235	221	212	207	185	167	156
Basic Weighted Avg Shares	217	218	219	221	233	242	244	240	234	220	211	205	183	167	155
Revenue per Share	29.07	36.61	33.26	33.37	37.65	31.38	31.93	39.72	50.54	47.65	45.47	89.75	121.38	112.85	112.86
EBITDA per Share	2.9	3.89	2.97	2.92	3.81	2.78	5.04	6.07	9.39	6.31	5.94	24.56	32.33	23.18	16.64
Operating Income per Share	1.86	2.87	1.95	1.88	2.68	1.57	3.83	4.82	8.03	4.85	4.4	22.86	30.23	20.55	13.56
Basic EPS, GAAP	0.65	1.27	0.75	0.86	0.68	-0.54	1.57	3.38	5.38	3.06	2.61	15.67	21.06	14.72	9.89
Basic EPS from Cont Ops	0.6	1.22	0.65	0.74	0.39	-0.6	1.48	3.36	5.37	3.09	2.7	15.83	21.15	14.81	9.97
Diluted EPS, GAAP	0.6	1.18	0.69	0.79	0.65	-0.54	1.56	3.36	5.35	3.04	2.59	15.56	20.92	14.64	9.84
Diluted EPS from Cont Ops	0.55	1.13	0.6	0.68	0.38	-0.6	1.47	3.33	5.34	3.07	2.69	15.71	21.01	14.74	9.93
Dividend per Share	0.3	0.37	0.4	0.43	0.45	0.53	0.56	0.61	0.72	0.91	0.99	1.04	1.29	1.63	1.82
Cash Flow per Share	0.78	2.23	2.03	1.41	2.7	4.35	3.5	3.08	6.05	6.36	4.67	10.75	24.32	21.13	11.87
Free Cash Flow per Basic Share	0.17	1.46	1.01	0.57	2.22	3.88	2.69	2.39	5.03	4.3	-1	5.84	19.37	11.18	-0.15
Cash & Equivalents per Share	0.86	2.18	1.86	1.79	1.55	3	3.45	4.28	4.52	7.48	6.48	6.06	12.3	12.74	4.74
Book Value per Share	8.4	9.21	9.53	9.87	9.58	8.12	9.08	11.97	16.92	20.12	22.54	37.84	62.03	81.33	95.22
Tangible Book Value per Share	4.11	5.38	6.03	6.76	7.77	8.24	9.08	11.09	13.63	14.95	16.89	27.16	39.95	48.66	53.02

Steel Dynamics, Inc.

Profitability

Credit

Liquidity

Working Capital

Enterprise Value

Multiples

Per Share Data Items