Steel Dynamics Inc (STLD) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet product...
Steel Dynamics Inc's revenue increased 3.6% year over year, from $17.54B to $18.18B.
Net income decreased 22.9% over the same period, from $1.54B to $1.19B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 134% in total.
Total debt increased by 48.9% to $4.18B.
The debt-to-equity ratio stands at 0.47, indicating a moderate leverage profile.
Operating cash flow declined 21.4% to $1.45B.
Steel Dynamics Inc maintains a moderate net profit margin of 6.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $4.34B-6.3% | $317.8M | $605.2M | $395.4M | $759.9M | $15.66B | $2.80B | $9.08B |
| Q4 FY2024 | $3.87B-10.8% | $207.3M | $441.7M | $237.5M | $346.9M | $14.94B | $2.80B | $8.93B |
| Q1 FY2025 | $4.37B+12.8% | $217.2M | $486.5M | $275.1M | $152.6M | $15.93B | $3.78B | $8.82B |
| Q2 FY2025 | $4.57B+4.5% | $298.7M | $618.5M | $382.9M | $301.6M | $15.55B | $3.78B | $8.86B |
| Q3 FY2025 | $4.83B+5.8% | $403.7M | $757.9M | $507.8M | $722.6M | $15.97B | $3.78B | $9.00B |
| Q4 FY2025 | $4.41B-8.6% | $266.0M | $529.3M | $310.2M | $272.7M | $16.42B | $4.18B | $8.96B |
| Q1 FY2026 | $5.20B+17.9% | $403.4M | $763.2M | $538.0M | $148.3M | $16.72B | $4.40B | $9.13B |
| Q2 FY2026 | $6.09B+17.0% | $534.1M | $959.0M | $700.5M | $427.9M | $17.11B | $4.39B | $9.36B |
Balance Sheet Summary (Q2 FY2026)
Steel Dynamics Inc (STLD) Financial Statements & Revenue History
Steel Dynamics Inc (STLD) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry trading at $240.54 with a market capitalization of $34. This page provides 42 historical financial statements for Steel Dynamics Inc, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Steel Dynamics Inc reported revenue of $18.2 billion, representing 3.6% year-over-year growth. The net profit margin of 6.5% indicates moderate profitability. The debt-to-equity ratio of 0.47 shows conservative leverage.
STLD Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Steel Dynamics Inc's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether STLD is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track STLD's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Steel Dynamics Inc converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of STLD's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use STLD Financial Data
Investors use Steel Dynamics Inc's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare STLD's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how STLD's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View STLD's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Steel Dynamics Inc's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.STLD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.