Steel Dynamics Inc (STLD) stock
STLDNasdaqSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 16/3042% above fair value
$229.43−7.68 (-3.24%)
Close on Nov 13, 2026Market cap $32.63BP/E 16.9Yield 0.87%
Steel Dynamics total debt
Total debt is short-term plus long-term borrowings on the balance sheet at the end of each period.
Steel Dynamics's total debt was $4.20B at Sep 30, 2026. For fiscal 2025 it was $4.21B, up 30.3% from the year before. Over ten years it grew 5.0% a year on average. The highest annual figure on record is $4.21B in fiscal 2025.
Annual total debt
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.21B | +30.3% |
| FY2024 | Dec 31, 2024 | $3.23B | +5.2% |
| FY2023 | Dec 31, 2023 | $3.07B | +0.0% |
| FY2022 | Dec 31, 2022 | $3.07B | -1.1% |
| FY2021 | Dec 31, 2021 | $3.11B | +0.1% |
| FY2020 | Dec 31, 2020 | $3.10B | +13.5% |
| FY2019 | Dec 31, 2019 | $2.73B | +15.0% |
| FY2018 | Dec 31, 2018 | $2.38B | -0.2% |
| FY2017 | Dec 31, 2017 | $2.38B | +1.1% |
| FY2016 | Dec 31, 2016 | $2.36B | -9.2% |
| FY2015 | Dec 31, 2015 | $2.59B | -13.0% |
| FY2014 | Dec 31, 2014 | $2.98B | +41.5% |
| FY2013 | Dec 31, 2013 | $2.11B | -4.3% |
| FY2012 | Dec 31, 2012 | $2.20B | -7.5% |
| FY2011 | Dec 31, 2011 | $2.38B | -0.3% |
| FY2010 | Dec 31, 2010 | $2.39B | +16.2% |
| FY2009 | Dec 31, 2009 | $2.05B | -7.4% |
| FY2008 | Dec 31, 2008 | $2.22B | – |
Quarterly total debt
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $4.20B | +11.1% |
| Q2 FY2026 | Jun 30, 2026 | $4.18B | +10.6% |
| Q1 FY2026 | Mar 31, 2026 | $4.20B | +0.1% |
| Q4 FY2025 | Dec 31, 2025 | $4.21B | +30.3% |
| Q3 FY2025 | Sep 30, 2025 | $3.78B | +2.7% |
| Q2 FY2025 | Jun 30, 2025 | $3.78B | +24.9% |
| Q1 FY2025 | Mar 31, 2025 | $4.20B | +38.1% |
| Q4 FY2024 | Dec 31, 2024 | $3.23B | +5.2% |
| Q3 FY2024 | Sep 30, 2024 | $3.68B | +19.0% |
| Q2 FY2024 | Jun 30, 2024 | $3.03B | -1.3% |
| Q1 FY2024 | Mar 31, 2024 | $3.04B | -0.7% |
| Q4 FY2023 | Dec 31, 2023 | $3.07B | +0.0% |
| Q3 FY2023 | Sep 30, 2023 | $3.10B | +2.0% |
| Q2 FY2023 | Jun 30, 2023 | $3.07B | +0.6% |
| Q1 FY2023 | Mar 31, 2023 | $3.06B | -0.6% |
| Q4 FY2022 | Dec 31, 2022 | $3.07B | -1.1% |
| Q3 FY2022 | Sep 30, 2022 | $3.04B | -1.3% |
| Q2 FY2022 | Jun 30, 2022 | $3.05B | -2.0% |
| Q1 FY2022 | Mar 31, 2022 | $3.08B | -0.6% |
| Q4 FY2021 | Dec 31, 2021 | $3.11B | +0.1% |
| Q3 FY2021 | Sep 30, 2021 | $3.07B | +13.1% |
| Q2 FY2021 | Jun 30, 2021 | $3.11B | +14.7% |
| Q1 FY2021 | Mar 31, 2021 | $3.10B | +14.0% |
| Q4 FY2020 | Dec 31, 2020 | $3.10B | +13.5% |
| Q3 FY2020 | Sep 30, 2020 | $2.72B | +11.5% |
| Q2 FY2020 | Jun 30, 2020 | $2.71B | +11.6% |
| Q1 FY2020 | Mar 31, 2020 | $2.72B | +11.5% |
| Q4 FY2019 | Dec 31, 2019 | $2.73B | +15.0% |
| Q3 FY2019 | Sep 30, 2019 | $2.44B | +3.0% |
| Q2 FY2019 | Jun 30, 2019 | $2.43B | +2.4% |
| Q1 FY2019 | Mar 31, 2019 | $2.44B | +3.0% |
| Q4 FY2018 | Dec 31, 2018 | $2.38B | -0.2% |
| Q3 FY2018 | Sep 30, 2018 | $2.37B | -6.6% |
| Q2 FY2018 | Jun 30, 2018 | $2.37B | -0.2% |
| Q1 FY2018 | Mar 31, 2018 | $2.36B | +0.3% |
| Q4 FY2017 | Dec 31, 2017 | $2.38B | +1.1% |
| Q3 FY2017 | Sep 30, 2017 | $2.53B | – |
| Q2 FY2017 | Jun 30, 2017 | $2.37B | – |
| Q1 FY2017 | Mar 31, 2017 | $2.36B | – |
| Q4 FY2016 | Dec 31, 2016 | $2.36B | – |
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