STLDNasdaqSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31

STEEL DYNAMICS INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 23, 2026

$245.17+4.63 (+1.92%)

Close on Oct 19, 2026

Market cap: $35.45B
P/E (TTM): 22.2
Dividend yield: 0.82%

STEEL DYNAMICS INC balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31	FY 2006 2006-12-31
Cash & Equivalents	770	595	1,406	1,634	1,249	1,374	1,387	834	1,035	848	734	361	395	376	391	187	9.01	16	28	29
Short-Term Investments	0	148	721	628	–	0	262	229	–	–	–	–	–	–	–	–	–	–	–	–
Cash & Short-Term Investments	770	743	2,128	2,262	1,249	1,374	1,650	1,063	1,035	848	734	361	395	376	391	187	9.01	16	28	29
Receivables	1,683	1,417	1,608	2,056	1,911	968	841	1,040	846	704	579	860	664	599	680	584	396	453	–	–
Inventory	3,739	3,114	2,895	3,130	3,531	1,844	1,689	1,859	1,519	1,275	1,149	1,618	1,315	1,203	1,200	1,114	853	1,023	–	–
Other Current Assets	293	163	163	195	210	74	76	73	92	83	48	56	25	20	15	19	9.86	58	–	–
Total Current Assets	6,484	5,431	6,788	7,638	6,901	4,258	4,253	4,033	3,508	2,930	2,538	2,938	2,474	2,296	2,455	2,000	1,457	1,710	–	–
Property, Plant & Equipment	8,569	8,118	6,734	5,374	4,751	4,106	3,136	2,946	2,676	2,787	2,951	3,124	2,226	2,231	2,194	2,213	2,254	2,073	–	–
Gross Property, Plant & Equipment	13,618	12,722	10,933	9,225	8,257	7,332	6,125	5,685	5,166	5,067	5,078	5,010	3,940	3,762	3,552	3,407	–	–	–	–
Accumulated Depreciation	-5,048	-4,604	-4,199	-3,851	-3,505	-3,226	-2,989	-2,739	-2,490	-2,280	-2,126	-1,886	-1,714	-1,531	-1,358	-1,193	–	–	–	–
Operating Lease Right-of-Use Assets	170	114	127	111	100	90	75	–	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	477	477	477	502	454	457	453	430	387	393	397	745	732	739	745	752	758	770	–	–
Intangible Assets	331	227	258	268	295	325	328	270	257	284	279	371	386	417	451	489	534	615	–	–
Other Long-Term Assets	557	681	651	379	130	120	106	25	28	11	17	36	91	105	108	113	115	67	–	–
Total Assets	16,420	14,935	14,908	14,160	12,531	9,266	8,276	7,704	6,856	6,424	6,202	7,233	5,889	5,815	5,979	5,590	5,130	5,254	–	–
Accounts Payable	–	–	–	1,007	1,267	761	510	537	474	382	277	490	405	345	414	335	–	–	–	–
Accrued Expenses	427	367	309	341	296	179	175	147	125	114	100	108	90	82	81	78	85	210	–	–
Current Portion of Long-Term Debt	35	427	460	57	97	87	89	24	29	3.63	17	46	342	30	444	8.92	–	–	–	–
Current Debt	35	427	460	57	97	87	89	24	29	3.63	17	46	342	30	444	8.92	–	–	–	–
Current Portion of Leases	24	20	21	19	18	18	18	–	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	67	3.78	5.52	6.52	14	2.39	2.01	7.47	3.70	5.59	2.02	6.09	4.02	17	11	5.23	5.66	4.11	–	–
Other Current Liabilities	–	–	–	–	–	–	–	444	350	314	235	293	219	220	236	–	–	–	–	–
Total Current Liabilities	2,122	2,151	2,332	2,032	2,227	1,259	1,007	1,019	869	713	535	851	975	610	1,100	561	596	971	–	–
Long-Term Debt	4,177	2,804	2,611	3,013	3,009	3,016	2,645	2,352	2,353	2,353	2,578	2,935	1,766	2,173	1,936	2,378	2,055	2,219	–	–
Long-Term Leases	147	94	107	92	82	73	58	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	172	114	128	111	100	90	75	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	1,004	902	945	889	855	536	484	436	306	448	401	506	–	–	490	457	416	365	–	–
Other Long-Term Liabilities	186	133	181	130	120	106	75	8.87	22	21	17	19	23	19	82	62	60	66	–	–
Total Liabilities	7,489	5,990	6,069	6,064	6,211	4,917	4,211	3,816	3,549	3,535	3,531	4,311	3,276	3,339	3,609	3,459	3,127	3,621	–	–
Total Debt	4,211	3,231	3,071	3,071	3,106	3,103	2,734	2,377	2,382	2,357	2,595	2,982	2,108	2,202	2,380	2,387	2,055	2,219	–	–
Common Stock	0.65	0.65	0.65	0.65	0.65	0.65	0.65	0.65	0.64	0.64	0.64	0.64	0.65	0.64	0.64	0.63	0.63	0.55	–	–
Additional Paid-In Capital	1,249	1,230	1,218	1,213	1,219	1,207	1,181	1,160	1,142	1,133	1,110	1,083	1,086	1,038	1,026	999	973	542	–	–
Retained Earnings	15,689	14,798	13,546	11,376	7,761	4,759	4,419	3,958	2,875	2,210	1,965	2,228	2,180	2,088	2,012	1,821	1,746	1,820	–	–
Treasury Stock	-7,981	-7,094	-5,898	-4,460	-2,674	-1,624	-1,525	-1,184	-665	-417	-396	-399	-719	-720	-723	-728	-731	-737	–	–
Comprehensive Income & Other	-0.60	–	0.42	0.89	-2.09	1.90	-0.01	0.30	–	–	–	–	–	–	–	–	–	-1.41	–	–
Shareholders' Equity	8,957	8,934	8,867	8,130	6,305	4,345	4,076	3,935	3,352	2,927	2,680	2,913	2,496	2,378	2,300	2,077	2,003	1,632	–	–
Noncontrolling Interest	-168	-160	-198	-216	-196	-156	-155	-159	-157	-150	-135	-117	-51	-28	-16	-16	15	8.43	–	–
Total Equity	8,789	8,774	8,668	7,914	6,109	4,190	3,921	3,776	3,195	2,777	2,545	2,796	2,496	2,378	2,300	2,077	2,003	1,632	1,540	1,233
Total Liabilities & Equity	16,420	14,935	14,908	14,160	12,531	9,266	8,276	7,704	6,856	6,424	6,202	7,233	5,933	5,815	5,979	5,590	5,130	5,254	–	–
Shares Outstanding(shares)	145	151	160	173	195	211	215	225	237	244	243	241	223	220	219	218	216	182	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 14.7%
Operating margin: 10.0%
Net margin: 7.8%
Return on equity, FY2025: 13.3%

Financial strength

Current ratio: 3.18
Debt to equity: 0.44
Debt to assets: 24.4%
Cash to current liabilities: 24.8%

Valuation

P/E ratio: 22.2
Price to sales: 1.73
Price to book: 3.76
Dividend yield: 0.82%