• Steel Dynamics average return on assets for 2023 was 20.09, a 37.02% decline from 2022.
• Steel Dynamics average return on assets for 2022 was 31.9, a 71.78% decline from 2021.
• Steel Dynamics average return on assets for 2021 was 18.57, a 179.25% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.