Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
246.83
+6.93 (2.89%)
Oct 23, 2026, 12:08 PM EDT - Market open
Steel Dynamics Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 928.56 | 769.88 | 589.46 | 1,401 | 1,628 | 1,244 |
Short-Term Investments | - | - | 147.81 | 721.21 | 628.22 | - |
Cash & Short-Term Investments | 928.56 | 769.88 | 737.28 | 2,122 | 2,257 | 1,244 |
Cash Growth | 20.54% | 4.42% | -65.26% | -5.96% | 81.42% | -9.12% |
Receivables | 2,446 | 1,683 | 1,417 | 1,608 | 2,056 | 1,916 |
Inventory | 4,249 | 3,739 | 3,114 | 2,895 | 3,130 | 3,531 |
Other Current Assets | 390.11 | 293.12 | 163.13 | 162.79 | 195.37 | 209.59 |
Total Current Assets | 8,014 | 6,484 | 5,431 | 6,788 | 7,638 | 6,901 |
Property, Plant & Equipment | 8,491 | 8,740 | 8,231 | 6,862 | 5,484 | 4,852 |
Goodwill | 477.47 | 477.47 | 477.47 | 477.47 | 502.07 | 453.84 |
Other Intangible Assets | 303.82 | 331.29 | 227.23 | 257.76 | 267.51 | 295.35 |
Other Long-Term Assets | 549.3 | 387.2 | 567.7 | 523.65 | 268.09 | 29.48 |
Total Assets | 17,836 | 16,420 | 14,935 | 14,908 | 14,160 | 12,531 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Accounts Payable | 1,605 | 1,231 | 979.91 | 1,088 | 1,017 | 1,281 |
Accrued Expenses | 857.97 | 764.77 | 719.98 | 757.45 | 932.35 | 818.07 |
Current Portion of Long-Term Debt | 20.85 | 34.66 | 426.99 | 459.99 | 57.33 | 97.17 |
Current Portion of Leases | - | 24.16 | 19.92 | 21 | 18.85 | 17.82 |
Current Income Taxes Payable | 64.23 | 67.32 | 3.78 | 5.52 | 6.52 | 13.75 |
Total Current Liabilities | 2,548 | 2,122 | 2,151 | 2,332 | 2,032 | 2,227 |
Long-Term Debt | 4,183 | 4,177 | 2,804 | 2,611 | 3,013 | 3,009 |
Long-Term Leases | 208.93 | 147.5 | 94.42 | 107.15 | 91.79 | 82.25 |
Long-Term Deferred Tax Liabilities | 1,116 | 1,004 | 902.19 | 944.77 | 889.1 | 854.91 |
Other Long-Term Liabilities | - | 38.74 | 38.78 | 73.61 | 37.75 | 37.84 |
Total Liabilities | 8,056 | 7,489 | 5,990 | 6,069 | 6,064 | 6,211 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Common Stock | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 |
Additional Paid-In Capital | 1,243 | 1,249 | 1,230 | 1,218 | 1,213 | 1,219 |
Retained Earnings | 17,154 | 15,689 | 14,798 | 13,546 | 11,376 | 7,761 |
Treasury Stock | -8,563 | -7,981 | -7,094 | -5,898 | -4,460 | -2,674 |
Comprehensive Income & Other | 7.88 | -0.6 | - | 0.42 | 0.89 | -2.09 |
Total Common Equity | 9,842 | 8,957 | 8,934 | 8,867 | 8,130 | 6,305 |
Minority Interest | -62.92 | -26.77 | 10.96 | -27.14 | -34.55 | 15.53 |
Shareholders' Equity | 9,780 | 8,930 | 8,945 | 8,840 | 8,096 | 6,320 |
Total Liabilities & Equity | 17,836 | 16,420 | 14,935 | 14,908 | 14,160 | 12,531 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Total Debt | 4,413 | 4,383 | 3,345 | 3,199 | 3,181 | 3,206 |
Net Cash (Debt) | -3,484 | -3,613 | -2,608 | -1,077 | -924.59 | -1,962 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -24.04 | -24.35 | -16.70 | -6.43 | -5.01 | -9.50 |
Filing Date Shares Outstanding | 142.99 | 144.88 | 150.16 | 158.15 | 171.58 | 191.3 |
Total Common Shares Outstanding | 142.99 | 144.94 | 151.12 | 160.02 | 172.94 | 195 |
Working Capital | 5,466 | 4,362 | 3,281 | 4,456 | 5,606 | 4,674 |
Book Value Per Share | 68.83 | 61.80 | 59.12 | 55.41 | 47.01 | 32.33 |
Tangible Book Value | 9,061 | 8,148 | 8,230 | 8,131 | 7,361 | 5,555 |
Tangible Book Value Per Share | 63.37 | 56.22 | 54.46 | 50.82 | 42.56 | 28.49 |
Land | - | 849.39 | 801.21 | 693.17 | 521.88 | 350.9 |
Buildings | - | 1,907 | 1,488 | 1,255 | 1,239 | 873.13 |
Machinery | - | 9,194 | 7,667 | 6,888 | 6,683 | 5,193 |
Construction In Progress | - | 1,667 | 2,767 | 2,096 | 780.74 | 1,839 |