Steel Dynamics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	769.88	589.46	1,401	1,628	1,244
Short-Term Investments	-	147.81	721.21	628.22	-
Cash & Short-Term Investments	769.88	737.28	2,122	2,257	1,244
Cash Growth	4.42%	-65.26%	-5.96%	81.42%	-9.12%
Accounts Receivable	1,680	1,363	1,535	1,976	1,911
Other Receivables	2.41	54.23	73.25	79.77	5.05
Total Trade Receivables	1,683	1,417	1,608	2,056	1,916
Inventory	3,739	3,114	2,895	3,130	3,531
Other Current Assets	293.12	163.13	162.79	195.37	209.59
Total Current Assets	6,484	5,431	6,788	7,638	6,901
Net Property, Plant & Equipment	8,569	8,118	6,734	5,374	4,751
Other Intangible Assets	331.29	227.23	257.76	267.51	295.35
Goodwill	477.47	477.47	477.47	502.07	453.84
Other Long-Term Assets	557.38	681.2	651.15	378.73	129.6
Total Assets	16,420	14,935	14,908	14,160	12,531
Accounts Payable	1,231	979.91	1,088	1,017	1,281
Accrued Expenses	788.93	739.9	778.46	951.2	835.89
Current Portion of Long-Term Debt	34.66	426.99	459.99	57.33	97.17
Other Current Liabilities	67.32	3.78	5.52	6.52	13.75
Total Current Liabilities	2,122	2,151	2,332	2,032	2,227
Long-Term Debt	4,177	2,804	2,611	3,013	3,009
Other Long-Term Liabilities	1,191	1,035	1,126	1,019	974.99
Total Long-Term Liabilities	5,367	3,839	3,737	4,032	3,984
Total Liabilities	7,489	5,990	6,069	6,064	6,211
Common Stock	0.65	0.65	0.65	0.65	0.65
Treasury Stock	-7,981	-7,094	-5,898	-4,460	-2,674
Additional Paid-in Capital	1,249	1,230	1,218	1,213	1,219
Accumulated Other Comprehensive Income	-0.6	-	0.42	0.89	-2.09
Retained Earnings	15,689	14,798	13,546	11,376	7,761
Total Common Shareholders' Equity	8,957	8,934	8,867	8,130	6,305
Minority Interest	-26.77	10.96	-27.14	-34.55	15.53
Shareholders' Equity	8,930	8,945	8,840	8,096	6,320
Total Liabilities & Equity	16,420	14,935	14,908	14,160	12,531
Total Debt	4,211	3,231	3,071	3,071	3,106
Net Cash (Debt)	-3,441	-2,494	-948.96	-813.94	-1,862
Net Cash Per Share	-23.19	-15.97	-5.67	-4.41	-9.01
Book Value	8,957	8,934	8,867	8,130	6,305
Book Value Per Share	60.36	57.22	52.96	44.04	30.51
Tangible Book Value	8,148	8,230	8,131	7,361	5,555
Tangible Book Value Per Share	54.91	52.71	48.57	39.87	26.89

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.