Steel Dynamics (STLD) Other Operating Expenses (2010 - 2024)
Steel Dynamics (STLD) posted Other Operating Expenses of $9.8 million for Q3 2024, down 16.24% sequentially from $11.7 million in Q2 2024, and up 81.48% YoY from $5.4 million in Q4 2023.
Steel Dynamics (STLD) Other Operating Expenses (2010 - 2024) Analysis & Trends
Steel Dynamics has reported Other Operating Expenses for 12 years, with the latest figure at $9.8 million in Q3 2024.
- Quarterly Other Operating Expenses rose 81.48% year-over-year to $9.8 million in Q3 2024, while the trailing twelve-month figure through Jun 2025 was $9.8 million (down 61.87% YoY) and the FY2023 annual result came in at $19.3 million, up 528.89% from the prior year.
- Other Operating Expenses slipped to $9.8 million in Q3 2024 per STLD's latest filing, from $11.7 million in the prior quarter.
- Over five years, Other Operating Expenses peaked at $16.2 million in Q4 2022 and troughed at -$13.4 million in Q1 2022.
- A 5-year average of $2.1 million and a median of $300000.0 in 2020 frame the typical range for Other Operating Expenses.
- The sharpest annual moves came in 2020 and 2021: Other Operating Expenses surged 1525.0% in 2020, then sank 2633.33% in 2021.
- Over 5 years, Other Operating Expenses stood at $11.4 million in 2020, then plunged by 136.84% to -$4.2 million in 2021, then jumped by 485.71% to $16.2 million in 2022, then slumped by 77.16% to $3.7 million in 2023, then surged by 164.86% to $9.8 million in 2024.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $9.8 million, $11.7 million, and $4.9 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 9.80 Mn |
| Jun 30, 2024 | 11.70 Mn |
| Mar 31, 2024 | 4.90 Mn |
| Dec 31, 2023 | 3.70 Mn |
| Sep 30, 2023 | 5.40 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | 9.40 Mn |
| Dec 31, 2022 | 16.20 Mn |
| Sep 30, 2022 | -3.30 Mn |
| Jun 30, 2022 | -4.00 Mn |
| Mar 31, 2022 | -13.40 Mn |
| Dec 31, 2021 | -4.20 Mn |
| Sep 30, 2021 | 200,000.00 |
| Jun 30, 2021 | -7.60 Mn |
| Mar 31, 2021 | -1.80 Mn |
| Dec 31, 2020 | 11.40 Mn |
| Sep 30, 2020 | -100,000.00 |
| Jun 30, 2020 | 300,000.00 |
| Mar 31, 2020 | 300,000.00 |
| Dec 31, 2019 | -800,000.00 |