Return on Equity (ROE)
since 2005
Calculation
Steel Dynamics Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to Steel Dynamics, Inc.1 | ÷ | Total Steel Dynamics, Inc. equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 50.98% | = | 100 | × | 3,214,066) | ÷ | 6,304,641) |
| Dec 31, 2020 | 12.68% | = | 100 | × | 550,822) | ÷ | 4,345,164) |
| Dec 31, 2019 | 16.47% | = | 100 | × | 671,103) | ÷ | 4,075,834) |
| Dec 31, 2018 | 31.98% | = | 100 | × | 1,258,379) | ÷ | 3,935,071) |
| Dec 31, 2017 | 24.25% | = | 100 | × | 812,741) | ÷ | 3,351,574) |
| Dec 31, 2016 | 13.05% | = | 100 | × | 382,115) | ÷ | 2,927,020) |
| Dec 31, 2015 | -4.86% | = | 100 | × | (130,311) | ÷ | 2,679,727) |
| Dec 31, 2014 | 5.39% | = | 100 | × | 157,024) | ÷ | 2,913,015) |
| Dec 31, 2013 | 7.43% | = | 100 | × | 189,314) | ÷ | 2,547,323) |
| Dec 31, 2012 | 6.80% | = | 100 | × | 163,551) | ÷ | 2,405,465) |
| Dec 31, 2011 | 12.01% | = | 100 | × | 278,120) | ÷ | 2,315,941) |
| Dec 31, 2010 | 6.72% | = | 100 | × | 140,709) | ÷ | 2,092,870) |
| Dec 31, 2009 | -0.41% | = | 100 | × | (8,184) | ÷ | 1,988,268) |
| Dec 31, 2008 | 28.54% | = | 100 | × | 463,386) | ÷ | 1,623,886) |
| Dec 31, 2007 | 25.80% | = | 100 | × | 394,566) | ÷ | 1,529,196) |
| Dec 31, 2006 | 32.22% | = | 100 | × | 396,707) | ÷ | 1,231,108) |
| Dec 31, 2005 | 25.21% | = | 100 | × | 221,785) | ÷ | 879,868) |
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$ in thousands
Comparison to Competitors
Steel Dynamics Inc., ROE, long-term trends, comparison to competitors
| Steel Dynamics Inc. | Freeport-McMoRan Inc. | |
|---|---|---|
| Dec 31, 2021 | 50.98% | 30.80% |
| Dec 31, 2020 | 12.68% | 5.89% |
| Dec 31, 2019 | 16.47% | -2.57% |
| Dec 31, 2018 | 31.98% | 26.56% |
| Dec 31, 2017 | 24.25% | 22.78% |
| Dec 31, 2016 | 13.05% | -68.65% |
| Dec 31, 2015 | -4.86% | -156.31% |
| Dec 31, 2014 | 5.39% | -7.15% |
| Dec 31, 2013 | 7.43% | 12.70% |
| Dec 31, 2012 | 6.80% | 17.33% |
| Dec 31, 2011 | 12.01% | 29.15% |
| Dec 31, 2010 | 6.72% | 34.68% |
| Dec 31, 2009 | -0.41% | 30.15% |
| Dec 31, 2008 | 28.54% | -191.70% |
| Dec 31, 2007 | 25.80% | 16.33% |
| Dec 31, 2006 | 32.22% | 59.57% |
| Dec 31, 2005 | 25.21% | 54.00% |
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).
Comparison to Industry (Materials)
Steel Dynamics Inc., ROE, long-term trends, comparison to industry (materials)
| Steel Dynamics Inc. | Materials | |
|---|---|---|
| Dec 31, 2021 | 50.98% | 16.54% |
| Dec 31, 2020 | 12.68% | 8.40% |
| Dec 31, 2019 | 16.47% | 5.74% |
| Dec 31, 2018 | 31.98% | 12.42% |
| Dec 31, 2017 | 24.25% | 27.34% |
| Dec 31, 2016 | 13.05% | -11.75% |
| Dec 31, 2015 | -4.86% | -73.64% |
| Dec 31, 2014 | 5.39% | 5.03% |
| Dec 31, 2013 | 7.43% | 17.62% |
| Dec 31, 2012 | 6.80% | 21.12% |
| Dec 31, 2011 | 12.01% | 29.47% |
| Dec 31, 2010 | 6.72% | 30.11% |
| Dec 31, 2009 | -0.41% | 27.87% |
| Dec 31, 2008 | 28.54% | -82.36% |
| Dec 31, 2007 | 25.80% | 18.96% |
| Dec 31, 2006 | 32.22% | 33.59% |
| Dec 31, 2005 | 25.21% | 29.22% |
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).