Schnitzer Steel Industries (SCHN) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-08-31 | $2.88B | -17.32% |
| 2022-08-31 | $3.49B | 26.36% |
| 2021-08-31 | $2.76B | 61.10% |
| 2020-08-31 | $1.71B | -19.71% |
| 2019-08-31 | $2.13B | -9.81% |
| 2018-08-31 | $2.36B | 40.12% |
| 2017-08-31 | $1.69B | 24.77% |
| 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 | $3.46B | 50.32% |
| 2010-08-31 | $2.30B | 21.10% |
| 2009-08-31 | $1.90B | -47.82% |
| 2008-08-31 | $3.64B | 41.57% |
| 2007-08-31 | $2.57B | 38.69% |
| 2006-08-31 | $1.85B | 117.41% |
| 2005-08-31 | $853.08M | 23.95% |
| 2004-08-31 | $688.22M | 38.51% |
| 2003-08-31 | $496.87M | 41.70% |
| 2002-08-31 | $350.65M | 20.11% |
| 2001-08-31 | $291.95M | -12.54% |
| 2000-08-31 | $333.79M | 25.96% |
| 1999-08-31 | $265.00M | -24.95% |
| 1998-08-31 | $353.10M | -2.40% |
| 1997-08-31 | $361.80M | 6.60% |
| 1996-08-31 | $339.40M | 2.63% |
| 1995-08-31 | $330.70M | 26.37% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-02-29 | $621.06M | -7.70% |
| 2023-11-30 | $672.90M | -6.27% |
| 2023-08-31 | $717.93M | -11.32% |
| 2023-05-31 | $809.61M | 7.10% |
| 2023-02-28 | $755.95M | 26.26% |
| 2022-11-30 | $598.73M | -33.06% |
| 2022-08-31 | $894.41M | -11.45% |
| 2022-05-31 | $1.01B | 28.97% |
| 2022-02-28 | $783.20M | -1.87% |
| 2021-11-30 | $798.12M | -5.62% |
| 2021-08-31 | $845.62M | 3.03% |
| 2021-05-31 | $820.72M | 36.76% |
| 2021-02-28 | $600.11M | 21.95% |
| 2020-11-30 | $492.11M | 5.92% |
| 2020-08-31 | $464.59M | 15.37% |
| 2020-05-31 | $402.68M | -8.37% |
| 2020-02-29 | $439.48M | 8.36% |
| 2019-11-30 | $405.58M | -25.96% |
| 2019-08-31 | $547.80M | 0.07% |
| 2019-05-31 | $547.40M | 15.59% |
| 2019-02-28 | $473.56M | -16.04% |
| 2018-11-30 | $564.02M | -15.76% |
| 2018-08-31 | $669.58M | 2.63% |
| 2018-05-31 | $652.42M | 16.62% |
| 2018-02-28 | $559.44M | 15.76% |
| 2017-11-30 | $483.28M | -2.22% |
| 2017-08-31 | $494.26M | 3.60% |
| 2017-05-31 | $477.09M | 24.86% |
| 2017-02-28 | $382.08M | 14.34% |
| 2016-11-30 | $334.16M | -14.46% |
| 2016-08-31 | $390.66M | 11.11% |
| 2016-05-31 | $351.60M | 21.63% |
| 2016-02-29 | $289.08M | -10.00% |
| 2015-11-30 | $321.20M | -29.72% |
| 2015-08-31 | $457.02M | -2.20% |
| 2015-05-31 | $467.31M | 6.39% |
| 2015-02-28 | $439.23M | -20.94% |
| 2014-11-30 | $555.59M | -19.70% |
| 2014-08-31 | $691.90M | 8.49% |
| 2014-05-31 | $637.79M | 1.86% |
| 2014-02-28 | $626.15M | 6.53% |
| 2013-11-30 | $587.75M | -10.48% |
| 2013-08-31 | $656.59M | -7.56% |
| 2013-05-31 | $710.29M | 7.26% |
| 2013-02-28 | $662.21M | 11.71% |
| 2012-11-30 | $592.82M | -22.23% |
| 2012-08-31 | $762.28M | -13.36% |
| 2012-05-31 | $879.87M | -0.76% |
| 2012-02-29 | $886.61M | 9.17% |
| 2011-11-30 | $812.18M | -24.88% |
| 2011-08-31 | $1.08B | 10.21% |
| 2011-05-31 | $981.06M | 35.91% |
| 2011-02-28 | $721.84M | 6.92% |
| 2010-11-30 | $675.10M | 5.64% |
| 2010-08-31 | $639.09M | -9.16% |
| 2010-05-31 | $703.54M | 24.67% |
| 2010-02-28 | $564.33M | 43.13% |
| 2009-11-30 | $394.28M | -29.12% |
| 2009-08-31 | $556.23M | 35.06% |
| 2009-05-31 | $411.83M | 1.27% |
| 2009-02-28 | $406.68M | -18.43% |
| 2008-11-30 | $498.56M | -62.06% |
| 2008-08-31 | $1.31B | 35.17% |
| 2008-05-31 | $972.14M | 29.36% |
| 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/Service | Aug 23 | Aug 22 | Aug 21 | Aug 20 | Aug 19 |
|---|---|---|---|---|---|
| Nonferrous Scrap Metal | $781.10M | $892.44M | $684.86M | $390.30M | - |
| Retailand Other | $153.59M | $147.38M | $136.59M | $122.58M | - |
| Steel Products | $507.55M | $531.73M | $379.20M | $336.98M | $367.96M |
| Ferrous Scrap Metal | $1.44B | $1.91B | $1.56B | $862.49M | - |
| 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/Service | Nov 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | May 19 | Feb 19 | Nov 18 | May 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
| Country | Aug 20 | Aug 19 | Aug 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
| Country | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | May 19 | Feb 19 | Nov 18 | May 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - |
| 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 | - | - | - | - |
| 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 | - | - | - | - |
| 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 | - | - | - | - |
| 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PKX | POSCO | $77.13T | $18.10T |
| MT | ArcelorMittal | $68.28B | $16.28B |
| TX | Ternium | $19.03B | $4.74B |
| RS | Reliance Steel & Aluminum | $14.81B | $3.64B |
| SCHN | Schnitzer Steel Industries | $2.88B | $621.06M |
| ZEUS | Olympic Steel | $2.56B | $526.25M |
| TMST | Metallus | $1.36B | $343.70M |
| USAP | Universal Stainless & Alloy Products | $285.94M | $82.76M |
| MSB | Mesabi Trust | $22.86M | $6.49M |
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 Nonferrous Scrap Metal, Retailand Other, Steel Products, and Ferrous Scrap Metal. 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. 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.
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.