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Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
259.74
+9.47 (3.78%)
At close: Jul 28, 2026, 4:00 PM EDT
263.90
+4.16 (1.60%)
After-hours: Jul 28, 2026, 7:57 PM EDT

Steel Dynamics Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
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 Sep '21
Revenue
6,0925,2054,4144,8284,5654,3693,8724,3424,6334,6944,2334,5875,0824,8934,8265,6526,2135,5705,3115,088
Revenue Growth (YoY)
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%118.30%
Cost of Revenue
5,1334,4423,8854,0703,9473,8833,4303,7363,8583,7133,5033,6353,7753,8373,8394,1874,3303,7873,5493,488
Gross Profit
958.97763.22529.29757.88618.47486.54441.73605.22774.84980.8730.88952.021,3071,056987.551,4641,8831,7831,7621,601
Selling, General & Admin
250.77217.42211.84243.23228.72204.5196.66202.14208.07222.16204.26210.31232.2213.88221.82237.75258.12280.48325.53271.41
Depreciation & Amortization Expenses
7.737.87.226.896.96.97.577.647.657.668.098.1610.926.886.686.847.167.167.187.18
Total Operating Expenses
258.5225.22219.06250.12235.61211.4204.23209.78215.71229.82212.35218.47243.12220.76228.5244.59265.28287.65332.71278.58
Operating Income
700.48538310.23507.76382.86275.14237.5395.44559.12750.98518.54733.551,064835.36759.051,2201,6181,4951,4291,322
Interest Expense
-39.12-33.24-26.96-13.57-17.38-12.13-14.58-17.07-12.72-11.98-14.8-18.42-20.77-22.51-23.86-25.35-25.67-16.67-12.34-12.7
Other Non-Operating Income (Expense)
22.118.4527.3319.6622.3917.6421.0429.6618.7126.7838.539.4631.3534.9423.2613.984.02-20.47-7.94-6.78
Total Non-Operating Income (Expense)
-17.02-24.790.386.095.015.516.4612.595.9914.8123.721.0510.5812.43-0.6-11.37-21.65-37.14-20.28-19.48
Pretax Income
683.46513.21310.61513.85387.87280.65243.96408.03565.11765.78542.24754.61,074847.79758.451,2081,5961,4581,4091,303
Provision for Income Taxes
152.68113.1146.09109.9286.6862.9834.0987.13133.42178.28115.2174.82258.14203.46119.44290381.77350.38313.15302.41
Net Income
530.79400.11264.52403.93301.19217.68209.87320.89431.69587.5427.04579.78816.18644.33639.01918.481,2151,1071,0961,000
Minority Interest in Earnings
-3.3-3.33-1.520.242.470.532.583.093.693.462.772.594.077.024.154.155.13.425.199.4
Net Income to Common
534.09403.44266.03403.69298.73217.15207.29317.8428584.04424.27577.2812.11637.31634.86914.331,2101,1041,091990.76
Net Income Growth (YoY)
78.79%85.79%28.34%27.02%-30.20%-62.82%-51.14%-44.94%-47.30%-8.36%-33.17%-36.87%-32.86%-42.27%-41.78%-7.71%72.23%156.43%480.54%889.35%
Shares Outstanding (Basic)
144145146147148150152154157159161165168172175180186192197202
Shares Outstanding (Diluted)
145145146148149151153155158159162166169172176182188193199204
Shares Change (YoY)
-2.93%-3.64%-4.29%-4.66%-5.47%-5.36%-5.84%-6.80%-6.68%-7.61%-7.74%-8.54%-10.05%-10.74%-11.52%-11.05%-11.13%-8.96%-6.25%-3.66%
EPS (Basic)
3.712.791.832.752.011.451.362.062.733.682.633.494.833.713.635.076.495.745.534.89
EPS (Diluted)
3.692.781.822.742.011.441.362.052.723.672.613.474.813.703.615.036.445.715.494.85
EPS Growth (YoY)
83.58%93.06%33.82%33.66%-26.10%-60.76%-47.89%-40.92%-43.45%-0.81%-27.70%-31.01%-25.31%-35.20%-34.24%3.71%93.98%181.28%516.85%931.92%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
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 Sep '21
Free Cash Flow
304.0910.3484.22556.9213.28-152.9-106.3138.5-36.61-19.09349.7555.34449.53507.46799.231,255837.71659.64519.36416.19
Free Cash Flow Growth (YoY)
2189.86%--302.11%----75.06%---56.25%-55.75%-46.34%-23.07%53.89%201.53%170.21%---
Free Cash Flow Per Share
2.100.070.583.770.09-1.01-0.700.89-0.23-0.122.153.342.662.944.546.914.463.412.612.04
Dividends Per Share
0.5300.5300.5000.5000.5000.5000.4600.4600.4600.4600.4250.4250.4250.4250.3400.3400.3400.3400.2600.260
Dividend Growth (YoY)
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%4.00%
Gross Margin
15.74%14.66%11.99%15.70%13.55%11.14%11.41%13.94%16.73%20.89%17.26%20.75%25.72%21.58%20.46%25.91%30.31%32.00%33.18%31.46%
Operating Margin
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%25.98%
Profit Margin
8.71%7.69%5.99%8.37%6.60%4.98%5.42%7.39%9.32%12.52%10.09%12.64%16.06%13.17%13.24%16.25%19.55%19.88%20.63%19.66%
FCF Margin
4.99%0.20%1.91%11.53%0.29%-3.50%-2.75%3.19%-0.79%-0.41%8.26%12.11%8.85%10.37%16.56%22.20%13.48%11.84%9.78%8.18%
EBITDA
874.4697.28456.51646.24515.72408.9363.05516.49676.18866.23630.26840.971,175943.05861.291,3191,7141,5821,5151,409
EBITDA Margin
14.35%13.40%10.34%13.38%11.30%9.36%9.38%11.90%14.60%18.45%14.89%18.33%23.12%19.27%17.85%23.33%27.58%28.41%28.54%27.70%
EBIT
700.48538310.23507.76382.86275.14237.5395.44559.12750.98518.54733.551,064835.36759.051,2201,6181,4951,4291,322
EBIT Margin
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%25.98%
Effective Tax Rate
22.34%22.04%14.84%21.39%22.35%22.44%13.97%21.35%23.61%23.28%21.25%23.17%24.03%24.00%15.75%24.00%23.91%24.04%22.23%23.22%
SEC Filings: 10-K · 10-Q