Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. It operates through two segments, Auto and Metals Recycling (AMR); and Cascade Steel and Scrap (CSS). The AMR segment buys, collects, processes, recycles, sells, and brokers scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, and smelters. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 53 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, and alternators to wholesalers. The CSS segment produces various finished steel products using recycled metal and other raw materials. It offers semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Miscellaneous durable goods
Sub-IndustrySteel
SectorBasic Materials
SymbolNASDAQ:SCHN
CUSIP80688210
Phone503-224-9900
Debt
Debt-to-Equity Ratio0.28
Current Ratio2.20
Quick Ratio1.12
Price-To-Earnings
Trailing P/E Ratio17.97
Forward P/E Ratio7.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.69 billion
Price / Sales0.44
Cash Flow$3.3414 per share
Price / Cash8.23
Book Value$19.86 per share
Price / Book1.38
Profitability
EPS (Most Recent Fiscal Year)$1.53
Net Income$44.51 million
Net Margins5.25%
Return on Equity17.21%
Return on Assets9.76%
Miscellaneous
Employees3,183
Outstanding Shares26,950,000
Market Cap$759.96 million
