Steel Dynamics (STLD) Other Operating Expenses (2009 - 2024)
Steel Dynamics' Other Operating Expenses was $9.8 million in Q3 2024, down 93.3% from $145.9 million a year earlier and down 16.2% from the prior quarter.
Steel Dynamics (STLD) Other Operating Expenses (2009 - 2024) Analysis & Trends
For FY2023, Other Operating Expenses at Steel Dynamics came in at $19.3 million, down 96.5% from FY2022.
- Other Operating Expenses shows a five-year compound annual growth rate of -45.9% (FY2018 to FY2023).
- In earlier years, Other Operating Expenses was $545.62 million in FY2022 (-15.3%), $643.98 million in FY2021 (+34.9%), $477.45 million in FY2020 (+9.4%) and $436.5 million in FY2019 (+4.8%).
- Quarterly Other Operating Expenses has moved between -$412.11 million (Q4 2023) and $182.29 million (Q4 2021) over five years.
- Compared with a year earlier, Other Operating Expenses has declined for three straight quarters, with an average decline of 39.9% over the last seven quarters.
- The best year-over-year quarter for Other Operating Expenses over five years was Q2 2021 (growth of 41.2%); the worst was Q1 2024 (a decline of 96.6%).
- Per Business Quant data, STLD's Other Operating Expenses in the three quarters before Q3 2024 was $11.7 million (Q2 2024), $4.9 million (Q1 2024) and -$412.11 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Steel Dynamics | 31.83 Bn | 28.70 Bn | 958.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 9.80 Mn |
| Jun 30, 2024 | 11.70 Mn |
| Mar 31, 2024 | 4.90 Mn |
| Dec 31, 2023 | -412.11 Mn |
| Sep 30, 2023 | 145.90 Mn |
| Jun 30, 2023 | 141.21 Mn |
| Mar 31, 2023 | 144.31 Mn |
| Dec 31, 2022 | 142.60 Mn |
| Sep 30, 2022 | 132.63 Mn |
| Jun 30, 2022 | 118.38 Mn |
| Mar 31, 2022 | 152.02 Mn |
| Dec 31, 2021 | 182.29 Mn |
| Sep 30, 2021 | 157.53 Mn |
| Jun 30, 2021 | 154.38 Mn |
| Mar 31, 2021 | 149.78 Mn |
| Dec 31, 2020 | 137.02 Mn |
| Sep 30, 2020 | 118.24 Mn |
| Jun 30, 2020 | 109.30 Mn |
| Mar 31, 2020 | 112.90 Mn |
| Dec 31, 2019 | 111.97 Mn |
Steel Dynamics Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();