Steel Dynamics (STLD) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The downward trajectory continued from earlier periods in the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The downward trajectory continued from earlier periods in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-10.8%
Change from the immediately preceding quarter.
Year-over-year
-8.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $4.7B | -4.1% |
| Jun 30, 2024 | $4.6B | -8.8% |
| Sep 30, 2024 | $4.3B | -5.4% |
| Dec 31, 2024 | $3.9B | -8.5% |
Revenue performance
The reported revenue decreased relative to the immediately preceding quarter, marking a continuation of the sequential declines seen throughout the year.
Quarterly comparison
Revenue was lower than in the same quarter one year earlier, reflecting a deeper year-over-year contraction compared to the prior quarter's annual comparison.
What to watch
Monitor whether the pace of quarterly revenue decline slows or reverses in the coming periods.