Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
258.38
+7.12 (2.83%)
At close: Aug 3, 2026, 4:00 PM EDT
258.57
+0.19 (0.07%)
After-hours: Aug 3, 2026, 7:56 PM EDT

Steel Dynamics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
20,53918,17717,54018,79522,26118,409
Revenue Growth
19.77%3.63%-6.68%-15.57%20.92%91.73%
Gross Profit
3,0092,3922,8034,0466,1185,362
Operating Income
2,0561,4761,9433,1515,0924,301
Net Income
1,6071,1861,5372,4513,8633,214
Earnings Per Share
11.037.999.8414.6420.9215.56
EPS Growth
60.79%-18.80%-32.79%-30.02%34.45%500.77%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
US Steel Operations
13,58312,49211,31211,60313,78412,619
US Metals Recycling Operations
1,5361,4301,3111,1621,2931,659
US Aluminum Operations
953.38360.55256.05239.1252.12-
US Steel Fabrication Operations
1,4731,4171,7622,7984,2461,761
US Other
1,6421,3221,4351,1651,2771,252
Non-US Steel Operations
641.14529.48749.931,037779.68580.23
Non-US Metals Recycling Operations
1,005611.29694.01774.21602.56-
Non-US Aluminum Operations
-0.542.59.1116.81-
Non-US Steel Fabrication Operations
1.021.331.730.670.180.57
Non-US Other
13.4511.6516.666.239.7812.49
Revenue (Total)
20,53918,17717,54018,79522,26118,409

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
567.71769.88737.282,1222,2571,244
Total Debt
4,1824,2113,2313,0713,0713,106
Net Cash (Debt)
-3,614-3,441-2,494-948.96-813.94-1,862
Net Cash Growth
------
Net Cash Per Share
-24.77-23.19-15.97-5.67-4.41-9.01

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,5721,4501,8453,5204,4602,204
Capital Expenditures
-616.01-948.03-1,868-1,658-908.9-1,006
Free Cash Flow
955.56501.51-23.51,8623,5521,198
Free Cash Flow Growth
----47.57%196.48%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
14.65%13.16%15.98%21.53%27.48%29.13%
Operating Margin
10.01%8.12%11.08%16.77%22.87%23.36%
Pretax Margin
9.84%8.21%11.30%17.13%22.56%22.86%
Profit Margin
7.79%6.53%8.84%13.13%17.43%17.64%
FCF Margin
4.65%2.76%-0.13%9.91%15.95%6.51%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.1202.0001.8401.7001.3601.040
Dividend Per Share Growth
7.29%8.70%8.24%25.00%30.77%4.00%
Dividend Yield
0.82%1.16%1.59%1.38%1.32%1.67%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
23.4521.2111.598.074.673.99
Forward PE
12.9214.0213.6210.057.833.62
P/FCF Ratio
38.7648.97-10.154.7610.10
PS Ratio
1.801.350.981.010.760.66