Steel Dynamics, Inc. STLD NASDAQ

Steel Dynamics, Inc. (STLD) has shown declining revenue growth over the past 3 years, expanding from $22.3B to $18.2B (average -6.2%/yr). Net income reached $1.2B, reflecting earnings decline at -32.2%/yr on average. The net profit margin is 6.5%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 13% (low), with a -14.5pp trend over the period. With a $28B market cap and MOAT composite score of 41/100, the company has a low competitive position.

Criteria proven by this page:

• GROWTH (15/100, Fail) — revenue or earnings are not growing
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 31-year history, the company was profitable in 27 of 31 years — a solid long-term record with occasional losses
• INCOME (45/100, Partial) — the company is profitable but margin is below 15%
• MOAT (41/100, Fail) — limited competitive moat based on margins and scale

Overall SharesGrow Score: 56/100 with 2/7 criteria passed.