Schnitzer Steel Industries (SCHN) Revenue & Revenue Breakdown


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Schnitzer Steel Industries Revenue Highlights


Latest Revenue (Y)

$2.88B

Latest Revenue (Q)

$621.06M

Main Segment (Y)

Ferrous Scrap Metal

Main Geography (Y)

Non North America

Schnitzer Steel Industries Revenue by Period


Schnitzer Steel Industries Revenue by Year

DateRevenueChange
2023-08-31$2.88B-17.32%
2022-08-31$3.49B26.36%
2021-08-31$2.76B61.10%
2020-08-31$1.71B-19.71%
2019-08-31$2.13B-9.81%
2018-08-31$2.36B40.12%
2017-08-31$1.69B24.77%
2016-08-31$1.35B-29.39%
2015-08-31$1.92B-24.70%
2014-08-31$2.54B-2.99%
2013-08-31$2.62B-21.52%
2012-08-31$3.34B-3.42%
2011-08-31$3.46B50.32%
2010-08-31$2.30B21.10%
2009-08-31$1.90B-47.82%
2008-08-31$3.64B41.57%
2007-08-31$2.57B38.69%
2006-08-31$1.85B117.41%
2005-08-31$853.08M23.95%
2004-08-31$688.22M38.51%
2003-08-31$496.87M41.70%
2002-08-31$350.65M20.11%
2001-08-31$291.95M-12.54%
2000-08-31$333.79M25.96%
1999-08-31$265.00M-24.95%
1998-08-31$353.10M-2.40%
1997-08-31$361.80M6.60%
1996-08-31$339.40M2.63%
1995-08-31$330.70M26.37%
1994-08-31$261.70M-

Schnitzer Steel Industries generated $2.88B in revenue during NA 2023, up -17.32% compared to the previous quarter, and up 121.88% compared to the same period a year ago.

Schnitzer Steel Industries Revenue by Quarter

DateRevenueChange
2024-02-29$621.06M-7.70%
2023-11-30$672.90M-6.27%
2023-08-31$717.93M-11.32%
2023-05-31$809.61M7.10%
2023-02-28$755.95M26.26%
2022-11-30$598.73M-33.06%
2022-08-31$894.41M-11.45%
2022-05-31$1.01B28.97%
2022-02-28$783.20M-1.87%
2021-11-30$798.12M-5.62%
2021-08-31$845.62M3.03%
2021-05-31$820.72M36.76%
2021-02-28$600.11M21.95%
2020-11-30$492.11M5.92%
2020-08-31$464.59M15.37%
2020-05-31$402.68M-8.37%
2020-02-29$439.48M8.36%
2019-11-30$405.58M-25.96%
2019-08-31$547.80M0.07%
2019-05-31$547.40M15.59%
2019-02-28$473.56M-16.04%
2018-11-30$564.02M-15.76%
2018-08-31$669.58M2.63%
2018-05-31$652.42M16.62%
2018-02-28$559.44M15.76%
2017-11-30$483.28M-2.22%
2017-08-31$494.26M3.60%
2017-05-31$477.09M24.86%
2017-02-28$382.08M14.34%
2016-11-30$334.16M-14.46%
2016-08-31$390.66M11.11%
2016-05-31$351.60M21.63%
2016-02-29$289.08M-10.00%
2015-11-30$321.20M-29.72%
2015-08-31$457.02M-2.20%
2015-05-31$467.31M6.39%
2015-02-28$439.23M-20.94%
2014-11-30$555.59M-19.70%
2014-08-31$691.90M8.49%
2014-05-31$637.79M1.86%
2014-02-28$626.15M6.53%
2013-11-30$587.75M-10.48%
2013-08-31$656.59M-7.56%
2013-05-31$710.29M7.26%
2013-02-28$662.21M11.71%
2012-11-30$592.82M-22.23%
2012-08-31$762.28M-13.36%
2012-05-31$879.87M-0.76%
2012-02-29$886.61M9.17%
2011-11-30$812.18M-24.88%
2011-08-31$1.08B10.21%
2011-05-31$981.06M35.91%
2011-02-28$721.84M6.92%
2010-11-30$675.10M5.64%
2010-08-31$639.09M-9.16%
2010-05-31$703.54M24.67%
2010-02-28$564.33M43.13%
2009-11-30$394.28M-29.12%
2009-08-31$556.23M35.06%
2009-05-31$411.83M1.27%
2009-02-28$406.68M-18.43%
2008-11-30$498.56M-62.06%
2008-08-31$1.31B35.17%
2008-05-31$972.14M29.36%
2008-02-29$751.47M-

Schnitzer Steel Industries generated $621.06M in revenue during Q2 2024, up -7.70% compared to the previous quarter, and up 103.73% compared to the same period a year ago.

Schnitzer Steel Industries Revenue Breakdown


Schnitzer Steel Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceAug 23Aug 22Aug 21Aug 20Aug 19
Steel Products$507.55M$531.73M$379.20M$336.98M$367.96M
Ferrous Scrap Metal$1.44B$1.91B$1.56B$862.49M-
Nonferrous Scrap Metal$781.10M$892.44M$684.86M$390.30M-
Retailand Other$153.59M$147.38M$136.59M$122.58M-
Retail And Other Revenues---$122.58M$132.08M
Ferrous Revenues---$862.49M$1.16B
Nonferrous Revenues---$390.30M$468.02M

Schnitzer Steel Industries's latest annual revenue breakdown by segment (product or service), as of Aug 23: Ferrous Scrap Metal (49.96%), Nonferrous Scrap Metal (27.10%), Steel Products (17.61%), and Retailand Other (5.33%).

Quarterly Revenue by Product

Product/ServiceNov 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19May 19Feb 19Nov 18May 18
Retailand Other$41.17M$43.93M$34.35M$34.81M$37.88M$42.37M$32.55M$34.59M$35.43M$38.47M$30.92M$31.78M$32.91M$31.79M$27.36M$30.52M----
Ferrous Scrap Metal$348.90M$405.35M$434.12M$261.73M$479.78M$530.30M$438.31M$465.86M$534.32M$448.68M$322.68M$252.21M$228.55M$201.97M$232.07M$199.90M----
Nonferrous Scrap Metal$169.29M$222.90M$179.66M$177.68M$229.66M$272.21M$196.14M$194.43M$213.32M$204.51M$147.32M$119.71M$112.43M$85.51M$94.52M$97.84M----
Steel Products$113.53M$137.43M$107.83M$124.52M$147.09M$165.21M$116.20M$103.24M$62.54M$129.06M$99.19M$88.41M$90.70M$83.41M$85.54M$77.33M----
Auto and Metals Recycling----------------$429.02M$386.06M$522.34M-
Intersegment Eliminations----------------$-3.06M$-2.90M$-2.78M-
Cascade Steel and Scrap----------------$121.43M$90.40M$130.39M$130.08M

Schnitzer Steel Industries's latest quarterly revenue breakdown by segment (product or service), as of Nov 23: Ferrous Scrap Metal (51.85%), Nonferrous Scrap Metal (25.16%), Steel Products (16.87%), and Retailand Other (6.12%).

Schnitzer Steel Industries Revenue Breakdown by Country

Annual Revenue by Country

CountryAug 20Aug 19Aug 18
Non North America$910.78M--
North America$801.56M--
CHINA--$255.10M
TURKEY--$262.83M

Schnitzer Steel Industries's latest annual revenue breakdown by geography, as of Aug 20: Non North America (53.19%), and North America (46.81%).

Quarterly Revenue by Country

CountryFeb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19May 19Feb 19Nov 18May 18
Nonferrous Scrap Metal$179.66M$177.68M$229.66M$272.21M$196.14M$194.43M$213.32M$204.51M$147.32M$119.71M$112.43M$85.51M$94.52M$97.84M----
Steel Products$107.83M$124.52M$147.09M$165.21M$116.20M$103.24M$62.54M$129.06M$99.19M$88.41M$90.70M$83.41M$85.54M$77.33M----
Ferrous Scrap Metal$434.12M$261.73M$479.78M$530.30M$438.31M$465.86M$534.32M$448.68M$322.68M$252.21M$228.55M$201.97M$232.07M$199.90M----
Retailand Other$34.35M$34.81M$37.88M$42.37M$32.55M$34.59M$35.43M$38.47M$30.92M$31.78M$32.91M$31.79M$27.36M$30.52M----
Auto and Metals Recycling--------------$429.02M$386.06M$522.34M-
Intersegment Eliminations--------------$-3.06M$-2.90M$-2.78M-
Cascade Steel and Scrap--------------$121.43M$90.40M$130.39M$130.08M

Schnitzer Steel Industries's latest quarterly revenue breakdown by geography, as of Feb 23: Ferrous Scrap Metal (57.43%), Nonferrous Scrap Metal (23.77%), Steel Products (14.26%), and Retailand Other (4.54%).

Schnitzer Steel Industries Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PKXPOSCO$77.13T$18.10T
MTArcelorMittal$68.28B$16.28B
TXTernium$19.03B$4.74B
RSReliance Steel & Aluminum$14.81B$3.42B
ZEUSOlympic Steel$2.56B$470.00M
USAPUniversal Stainless & Alloy Products$285.94M$87.25M
MSBMesabi Trust$22.86M$79.00M

SCHN Revenue FAQ


What is Schnitzer Steel Industries’s yearly revenue?

Schnitzer Steel Industries's yearly revenue for 2023 was $2.88B, representing a decrease of -17.32% compared to 2022. The company's yearly revenue for 2022 was $3.49B, representing an increase of 26.36% compared to 2021. SCHN's yearly revenue for 2021 was $2.76B, representing an increase of 61.10% compared to 2020.

What is Schnitzer Steel Industries’s quarterly revenue?

Schnitzer Steel Industries's quarterly revenue for Q2 2024 was $621.06M, a -7.70% decrease from the previous quarter (Q1 2024), and a -17.84% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $672.9M, a -6.27% decrease from the previous quarter (Q4 2023), and a 12.39% increase year-over-year (Q1 2023). SCHN's quarterly revenue for Q4 2023 was $717.93M, a -11.32% decrease from the previous quarter (Q3 2023), and a -19.73% decrease year-over-year (Q4 2022).

What is Schnitzer Steel Industries’s revenue growth rate?

Schnitzer Steel Industries's revenue growth rate for the last 3 years (2021-2023) was 4.48%, and for the last 5 years (2019-2023) was 35.14%.

What are Schnitzer Steel Industries’s revenue streams?

Schnitzer Steel Industries's revenue streams in g 23 are Steel Products, Ferrous Scrap Metal, Nonferrous Scrap Metal, and Retailand Other. Steel Products generated $507.55M in revenue, accounting 17.61% of the company's total revenue, down -4.55% year-over-year. Ferrous Scrap Metal generated $1.44B in revenue, accounting 49.96% of the company's total revenue, down -24.78% year-over-year. Nonferrous Scrap Metal generated $781.1M in revenue, accounting 27.10% of the company's total revenue, down -12.48% year-over-year. Retailand Other generated $153.59M in revenue, accounting 5.33% of the company's total revenue, up 4.21% year-over-year.

What is Schnitzer Steel Industries’s main source of revenue?

For the fiscal year ending Aug 23, the largest source of revenue of Schnitzer Steel Industries was Ferrous Scrap Metal. This segment made a revenue of $1.44B, representing 49.96% of the company's total revenue.