RDUS · Schnitzer Steel Industries, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '22 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $726.99M | $642.51M | $656.54M | $673.92M | $621.06M | $672.90M | $809.61M | $755.95M | $598.73M | $1.01B |
| Cost of Revenue | $677.44M | $615.01M | $623.13M | $628.39M | $581.00M | $633.42M | $713.68M | $682.94M | $550.01M | $834.38M |
| Gross Profit | $49.55M | $27.50M | $33.41M | $45.53M | $40.06M | $39.48M | $95.92M | $73.02M | $48.72M | $175.71M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $56.35M | $54.94M | $56.68M | $62.10M | $62.16M | $63.10M | $68.53M | $63.96M | $64.23M | $77.67M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $24.03M | - | - | $23.47M | - | - | $21.45M | - |
| Operating Income | ($7.20M) | ($28.68M) | ($24.91M) | ($235.49M) | ($26.72M) | ($22.99M) | $27.51M | $8.54M | ($16.31M) | $97.84M |
| Interest Expense | $9.13M | $8.77M | $8.86M | $7.37M | $5.80M | $4.81M | $5.15M | $4.91M | $3.32M | $2.22M |
| Income Tax | ($328.0K) | ($4.28M) | $3.79M | ($44.55M) | $1.20M | ($10.17M) | $7.22M | ($513.0K) | ($6.03M) | $20.04M |
| Net Income | ($16.96M) | ($32.98M) | ($37.17M) | ($198.39M) | ($33.98M) | ($17.96M) | $13.46M | $4.35M | ($17.79M) | $74.63M |
| EPS - Basic | ($0.59) | ($1.15) | ($1.30) | ($6.97) | ($1.19) | ($0.64) | $0.48 | $0.16 | $0.64 | $2.65 |
| EPS - Diluted | ($0.59) | ($1.15) | ($1.30) | ($6.97) | ($1.19) | ($0.64) | $0.47 | $0.15 | $0.64 | $2.52 |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '22 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.21M | $5.44M | $15.22M | $5.55M | $13.56M | $4.41M | $6.03M | $11.46M | $3.54M | $43.80M |
| Accounts Receivable | - | - | - | $203.00M | $217.00M | $189.00M | $208.00M | $238.00M | $212.00M | $230.00M |
| Inventory | $272.96M | $281.76M | $306.36M | $293.93M | $314.42M | $281.06M | $278.64M | $286.73M | $345.20M | $315.19M |
| Accounts Payable | $193.94M | $193.06M | $180.81M | $202.50M | $192.20M | $200.57M | $209.42M | $212.60M | $185.17M | $217.69M |
| Current Assets | $573.99M | $546.16M | $588.26M | $609.13M | $594.59M | $535.45M | $550.34M | $593.49M | $634.56M | $671.39M |
| Total Assets | $1.47B | $1.46B | $1.51B | $1.53B | $1.75B | $1.69B | $1.72B | $1.78B | $1.82B | $1.83B |
| Current Liabilities | $309.81M | $302.07M | $291.65M | $316.57M | $303.98M | $305.16M | $323.93M | $321.21M | $309.01M | $381.57M |
| Long-term Debt | - | - | - | $393.61M | - | - | $230.00M | - | - | $230.00M |
| Total Liabilities | $944.09M | $913.18M | $927.89M | $908.03M | $898.06M | $808.38M | $804.29M | $852.66M | $894.12M | $868.12M |
| Stockholders' Equity | $525.61M | $542.72M | $580.43M | $623.11M | $844.44M | $880.99M | $908.18M | $924.95M | $924.74M | $953.98M |
| Retained Earnings | $502.91M | $525.37M | $563.77M | $606.42M | $831.64M | $870.98M | $894.32M | $917.27M | $918.09M | $941.15M |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '22 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.91M) | - | - | ($1.30M) | - | - | ($62.15M) | - |
| Investing Cash Flow | - | - | ($11.78M) | - | - | ($24.20M) | - | - | ($72.20M) | - |
| Financing Cash Flow | - | - | $23.35M | - | - | $23.82M | - | - | $94.13M | - |
| CapEx | - | - | $12.06M | - | - | $24.81M | - | - | $47.52M | - |
| Free Cash Flow | - | - | ($13.96M) | - | - | ($26.11M) | - | - | ($109.67M) | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '22 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 6.8% | 4.3% | 5.1% | 6.8% | 6.5% | 5.9% | 11.8% | 9.7% | 8.1% | 17.4% |
| Operating margin | -1.0% | -4.5% | -3.8% | -34.9% | -4.3% | -3.4% | 3.4% | 1.1% | -2.7% | 9.7% |
| EBITDA margin | - | - | -0.1% | - | - | 0.1% | - | - | 0.9% | - |
| Net margin | -2.3% | -5.1% | -5.7% | -29.4% | -5.5% | -2.7% | 1.7% | 0.6% | -3.0% | 7.4% |
| Free cash flow margin | - | - | -2.1% | - | - | -3.9% | - | - | -18.3% | - |
| FCF / Net income | - | - | 0.38 | - | - | 1.45 | - | - | 6.17 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.8% | 8.6% | 8.6% | 9.2% | 10.0% | 9.4% | 8.5% | 8.5% | 10.7% | 7.7% |
| Effective tax rate | - | - | - | - | - | - | 34.9% | -13.4% | - | 21.2% |
| Return on assets | -1.2% | -2.3% | -2.5% | -12.9% | -1.9% | -1.1% | 0.8% | 0.2% | -1.0% | 4.1% |
| Return on equity | -3.2% | -6.1% | -6.4% | -31.8% | -4.0% | -2.0% | 1.5% | 0.5% | -1.9% | 7.8% |
| Return on invested capital | - | - | - | -18.3% | - | - | 1.6% | - | - | 6.5% |
| Liquidity | ||||||||||
| Current ratio | 1.85 | 1.81 | 2.02 | 1.92 | 1.96 | 1.75 | 1.70 | 1.85 | 2.05 | 1.76 |
| Quick ratio | 0.97 | 0.88 | 0.97 | 1.00 | 0.92 | 0.83 | 0.84 | 0.95 | 0.94 | 0.93 |
| Cash ratio | 0.05 | 0.02 | 0.05 | 0.02 | 0.04 | 0.01 | 0.02 | 0.04 | 0.01 | 0.11 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | 0.63 | - | - | 0.25 | - | - | 0.24 |
| Debt / Assets | - | - | - | 0.26 | - | - | 0.13 | - | - | 0.13 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.8x | -3.3x | -2.8x | -32.0x | -4.6x | -4.8x | 5.3x | 1.7x | -4.9x | 44.0x |
| Equity multiplier | 2.80 | 2.69 | 2.60 | 2.46 | 2.07 | 1.92 | 1.89 | 1.93 | 1.97 | 1.91 |
| Liabilities / Assets | 0.64 | 0.63 | 0.61 | 0.59 | 0.51 | 0.48 | 0.47 | 0.48 | 0.49 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.49 | 0.44 | 0.43 | 0.44 | 0.36 | 0.40 | 0.47 | 0.42 | 0.33 | 0.55 |
| Inventory turnover | 2.48 | 2.18 | 2.03 | 2.14 | 1.85 | 2.25 | 2.56 | 2.38 | 1.59 | 2.65 |
| Days sales outstanding | - | - | - | 110d | 128d | 103d | 94d | 115d | 129d | 83d |
| Days inventory outstanding | 147d | 167d | 179d | 171d | 198d | 162d | 143d | 153d | 229d | 138d |
| Days payable outstanding | 104d | 115d | 106d | 118d | 121d | 116d | 107d | 114d | 123d | 95d |
| Cash conversion cycle | - | - | - | 163d | 204d | 149d | 129d | 155d | 235d | 126d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.9% | 3.5% | -2.4% | -16.8% | - | - | -19.8% | 26.0% | 21.7% | 23.1% |
| Revenue CAGR (3y) | -10.4% | -5.3% | 3.1% | -6.4% | 1.2% | 11.0% | 26.2% | 16.9% | 7.4% | 22.7% |
| Revenue CAGR (5y) | 12.5% | 7.9% | 10.1% | 4.2% | 5.6% | 6.8% | 4.4% | 14.6% | 12.4% | 16.2% |
| Gross profit growth (YoY) | 8.8% | -31.4% | -15.4% | -52.5% | - | - | -45.4% | -35.4% | -32.3% | 23.4% |
| Operating income growth (YoY) | 96.9% | -7.3% | -8.4% | - | - | - | -71.9% | -85.4% | - | 20.2% |
| Net income growth (YoY) | 91.4% | 2.9% | -106.9% | - | - | - | -82.0% | -90.2% | - | 17.3% |
| EPS growth (YoY) | 91.5% | 3.4% | -103.1% | - | - | - | -81.3% | -90.3% | 28.0% | 17.2% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | -31.2% | 3.9% | 65.1% |
| EPS CAGR (5y) | - | - | - | - | - | - | -18.5% | -17.8% | - | 33.2% |
| FCF growth (YoY) | - | - | 46.5% | - | - | - | - | - | -179.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -15.6% | -35.7% | -34.1% | -31.4% | - | - | -4.8% | 26.7% | 35.1% | 14.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-08-31.
Product / service
$2.74B totalFerrous Scrap Metal$1.39B · 50.7%
Nonferrous Scrap Metal$738.84M · 27.0%
Steel Products$439.76M · 16.1%
Retailand Other$171.54M · 6.3%
Geographic
$746.11M totalBD$410.53M · 55.0%
TR$335.58M · 45.0%
Peer comparison
Same SIC group: Wholesale-Misc Durable Goods
Comparing SCHNITZER STEEL INDUSTRIES against the 2 most active filers in the same SIC group.