Price to Operating Profit (P/OP)
since 2005
Calculation
Steel Dynamics Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 28, 2022 | 3.14 | = | 70.58 | ÷ | 22.48 | 22.48 | = | 4,301,105 | ÷ | 191,299,162 | |
| Mar 1, 2021 | 10.96 | = | 44.01 | ÷ | 4.01 | 4.01 | = | 847,142 | ÷ | 211,005,100 | |
| Feb 27, 2020 | 5.82 | = | 26.89 | ÷ | 4.62 | 4.62 | = | 986,880 | ÷ | 213,554,449 | |
| Feb 27, 2019 | 4.94 | = | 37.95 | ÷ | 7.69 | 7.69 | = | 1,722,409 | ÷ | 224,105,246 | |
| Feb 27, 2018 | 10.51 | = | 47.51 | ÷ | 4.52 | 4.52 | = | 1,066,881 | ÷ | 236,071,369 | |
| Feb 28, 2017 | 12.18 | = | 36.60 | ÷ | 3.00 | 3.00 | = | 727,966 | ÷ | 242,349,757 | |
| Feb 26, 2016 | — | = | 18.11 | ÷ | -0.30 | -0.30 | = | -72,784 | ÷ | 243,186,659 | |
| Mar 2, 2015 | 13.62 | = | 18.06 | ÷ | 1.33 | 1.33 | = | 320,320 | ÷ | 241,529,877 | |
| Mar 3, 2014 | 9.93 | = | 17.21 | ÷ | 1.73 | 1.73 | = | 386,525 | ÷ | 223,004,874 | |
| Feb 27, 2013 | 8.50 | = | 15.11 | ÷ | 1.78 | 1.78 | = | 391,165 | ÷ | 220,114,512 | |
| Feb 27, 2012 | 5.57 | = | 14.86 | ÷ | 2.67 | 2.67 | = | 584,820 | ÷ | 219,035,240 | |
| Feb 23, 2011 | 11.07 | = | 18.53 | ÷ | 1.67 | 1.67 | = | 364,753 | ÷ | 217,929,783 | |
| Feb 22, 2010 | 30.41 | = | 16.80 | ÷ | 0.55 | 0.55 | = | 119,531 | ÷ | 216,333,971 | |
| Feb 27, 2009 | 1.78 | = | 8.35 | ÷ | 4.70 | 4.70 | = | 855,240 | ÷ | 181,993,610 | |
| Feb 27, 2008 | 8.25 | = | 30.23 | ÷ | 3.67 | 3.67 | = | 691,154 | ÷ | 188,563,492 | |
| Feb 26, 2007 | 5.90 | = | 20.07 | ÷ | 3.40 | 3.40 | = | 659,114 | ÷ | 193,879,742 | |
| Mar 9, 2006 | 5.13 | = | 11.56 | ÷ | 2.25 | 2.25 | = | 393,175 | ÷ | 174,576,248 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Steel Dynamics Inc. Annual Report.
Comparison to Competitors
Steel Dynamics Inc., P/OP, long-term trends, comparison to competitors
| Steel Dynamics Inc. | Freeport-McMoRan Inc. | |
|---|---|---|
| Feb 28, 2022 | 3.14 | 7.59 |
| Mar 1, 2021 | 10.96 | 19.69 |
| Feb 27, 2020 | 5.82 | 16.28 |
| Feb 27, 2019 | 4.94 | 3.74 |
| Feb 27, 2018 | 10.51 | 7.34 |
| Feb 28, 2017 | 12.18 | — |
| Feb 26, 2016 | — | — |
| Mar 2, 2015 | 13.62 | 231.88 |
| Mar 3, 2014 | 9.93 | 6.50 |
| Feb 27, 2013 | 8.50 | 5.30 |
| Feb 27, 2012 | 5.57 | 4.49 |
| Feb 23, 2011 | 11.07 | 5.47 |
| Feb 22, 2010 | 30.41 | 4.98 |
| Feb 27, 2009 | 1.78 | — |
| Feb 27, 2008 | 8.25 | 5.89 |
| Feb 26, 2007 | 5.90 | 3.95 |
| Mar 9, 2006 | 5.13 | 4.61 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).