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Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
222.90
+1.00 (0.45%)
Nov 6, 2026, 4:00 PM EST - Market closed

Steel Dynamics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
6,5096,0925,2054,4144,8284,5654,3693,8724,3424,6334,6944,2334,5875,0824,8934,8265,6526,2135,5705,311
Revenue Growth
34.82%33.44%19.13%13.99%11.21%-1.46%-6.92%-8.53%-5.35%-8.84%-4.07%-12.28%-18.84%-18.21%-12.15%-9.12%11.07%39.14%57.14%104.16%
Gross Profit
1,282958.97763.22529.29757.88618.47486.54441.73605.22774.84980.8730.88952.021,3071,056987.551,4641,8831,7831,762
Operating Income
1,006700.48538310.23507.76382.86275.14237.5395.44559.12750.98518.54733.551,064835.36759.051,2201,6181,4951,429
Net Income
756534.09403.44266.03403.69298.73217.15207.29317.8428584.04424.27577.2812.11637.31634.86914.331,2101,1041,091
Earnings Per Share
5.263.692.781.822.742.011.441.352.052.723.672.623.474.813.703.615.036.445.715.49
EPS Growth
91.97%83.58%93.06%34.70%33.66%-26.10%-60.76%-48.48%-40.92%-43.45%-0.81%-27.48%-31.01%-25.31%-35.20%-34.25%3.71%93.98%181.28%523.53%

Revenue by Segment
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
US Steel Operations
4,1423,7443,4053,0523,3813,1542,9052,4942,7452,9383,1342,7282,9043,1242,8472,7863,5123,9303,5733,628
US Metals Recycling Operations
436.22445.81407.08321.84361.11375.53371.88328.8327.81324.67329.84315.06334.92368.56382.8293.02328.19476.09448.04415.01
US Aluminum Operations
474.93497.73227.31157.271.1465.6366.5860.166.8468.0361.08---------
US Steel Fabrication Operations
466.28393.63355.43347.23376.87340.61351.86396.22446.66472.79446.1520.14630.05779.37868.71,0901,1401,086929.84679.96
US Other
590.23537.53485.71302.1316.94356.22347.07285.45402.29439.46307.86305.63247.12259.93352.27317.37314.1330.57297.12291.14
Non-US Steel Operations
207.91261.31133.8988.88157.05121.07162.48151.53171.53194.25232.63187.15282.98326.04241.24150.64208.62212.38189.29158.58
Non-US Metals Recycling Operations
178.56207.95186.11141.2159.88147.2163.02-170.8-----------
Non-US Aluminum Operations
0.770.130.080.54----0.14-----------
Non-US Steel Fabrication Operations
-0.1800.020.810.040.4500.60.041.080.430.140.040.07--0.040.140.05
Non-US Other
12.063.084.42.553.424.351.332.299.441.673.263.831.820.370.2118.624.444.790.682.61
Revenue (Total)
6,5096,0925,2054,4144,8284,5654,3693,8724,3424,6334,6944,2334,5875,0824,8934,8265,6526,2135,5705,311

Cash & Debt
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
928.56567.71556.53769.88770.36497.631,207737.281,6611,2481,6932,1222,2662,0872,3202,2572,0041,3581,1901,244
Total Debt
4,4134,3944,3954,3833,7823,7814,1963,3453,6843,0283,0383,1993,0953,0683,0613,1813,0353,0483,0783,206
Net Cash (Debt)
-3,484-3,826-3,839-3,613-3,012-3,283-2,990-2,608-2,023-1,780-1,345-1,077-828.76-980.64-741.1-924.59-1,031-1,690-1,889-1,962
Net Cash Growth
--------------------
Net Cash Per Share
-24.26-26.46-26.42-24.70-20.41-22.04-19.82-17.07-13.07-11.30-8.44-6.64-4.99-5.81-4.30-5.26-5.68-9.00-9.78-9.87

Cash Flow & CapEx
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
845.79427.94148.32272.71722.61301.61152.6346.87759.85382.56355.22864.641,114807.81733.781,1431,4961,002818.97723.9
Capital Expenditures
-149.61-123.84-137.98-188.5-165.69-288.33-305.51-453.18-621.36-419.17-374.31-514.95-558.36-358.28-226.32-344.2-241.23-164.14-159.33-204.54
Free Cash Flow
696.19304.0910.3484.22556.9213.28-152.9-106.3138.5-36.61-19.09349.69555.34449.53507.46799.231,255837.71659.64519.36
Free Cash Flow Growth
25.01%2189.86%--302.11%----75.06%---56.25%-55.75%-46.34%-23.07%53.89%201.53%170.21%--

Margins
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
19.70%15.74%14.66%11.99%15.70%13.55%11.14%11.41%13.94%16.73%20.89%17.27%20.75%25.72%21.58%20.46%25.91%30.31%32.00%33.17%
Operating Margin
15.46%11.50%10.34%7.03%10.52%8.39%6.30%6.13%9.11%12.07%16.00%12.25%15.99%20.93%17.07%15.73%21.58%26.04%26.84%26.91%
Pretax Margin
15.03%11.22%9.86%7.04%10.64%8.50%6.42%6.30%9.40%12.20%16.31%12.81%16.45%21.14%17.33%15.71%21.38%25.70%26.17%26.53%
Profit Margin
11.61%8.77%7.75%6.03%8.36%6.54%4.97%5.35%7.32%9.24%12.44%10.02%12.58%15.98%13.02%13.15%16.18%19.47%19.82%20.53%
FCF Margin
10.70%4.99%0.20%1.91%11.54%0.29%-3.50%-2.74%3.19%-0.79%-0.41%8.26%12.11%8.85%10.37%16.56%22.20%13.48%11.84%9.78%

Dividends
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
0.5300.5300.5300.5000.5000.5000.5000.4600.4600.4600.4600.4250.4250.4250.4250.3400.3400.3400.3400.260
Dividend Per Share Growth
6.00%6.00%6.00%8.70%8.70%8.70%8.70%8.24%8.24%8.24%8.24%25.00%25.00%25.00%25.00%30.77%30.77%30.77%30.77%4.00%
Dividend Yield
0.94%0.89%1.13%1.17%1.40%1.49%1.50%1.60%1.42%1.35%1.17%1.42%1.49%1.38%1.27%1.37%1.74%1.76%1.34%1.65%

Valuation
Chart
Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
16.2120.5918.9920.8718.2118.2616.0211.3011.0910.119.777.806.676.145.684.443.002.844.073.83
Forward PE
10.1012.2713.1714.0212.3111.7113.1713.6214.3812.4713.7210.059.907.647.647.834.833.804.823.62
P/FCF Ratio
29.0134.6339.1949.3466.00---44.98--10.267.686.125.674.833.965.138.3010.28
PS Ratio
1.431.611.371.361.161.111.090.991.091.121.261.020.920.900.890.770.570.560.770.67