Schnitzer Steel Industries (SCHN) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart

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
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/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
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

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	$3.42B
SCHN	Schnitzer Steel Industries	$2.88B	$621.06M
ZEUS	Olympic Steel	$2.56B	$470.00M
TMST	Metallus	$1.36B	$343.70M
USAP	Universal Stainless & Alloy Products	$285.94M	$87.25M
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 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.