Key facts
- 52-week range (closes)
- $142.65 – $282.76 Lowest close Oct 16, 2025, highest Jun 12, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Dec 22, 2022, replacing Abiomed (ABMD) · Johnson & Johnson acquired Abiomed. · All S&P 500 changes
Steel Dynamics (STLD) is trading down at $243.34 (-0.75%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Materials sector.
Steel Dynamics revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $7.78B | $9.54B | $11.8B | $10.5B | $9.60B | $18.4B | $22.3B | $18.8B | $17.5B | $18.2B |
| Growth (year over year) | +2.4% | +22.7% | +23.9% | −11.5% | −8.3% | +91.7% | +20.9% | −15.6% | −6.7% | +3.6% |
| Gross profit | $1.33B | $1.58B | $2.32B | $1.53B | $1.43B | $5.36B | $6.12B | $4.05B | $2.80B | $2.39B |
| Gross margin | 17.2% | 16.6% | 19.6% | 14.6% | 14.9% | 29.1% | 27.5% | 21.5% | 16.0% | 13.2% |
| Operating income | $728.0M | $1.07B | $1.72B | $986.9M | $847.1M | $4.30B | $5.09B | $3.15B | $1.94B | $1.48B |
| Operating margin | 9.4% | 11.2% | 14.6% | 9.4% | 8.8% | 23.4% | 22.9% | 16.8% | 11.1% | 8.1% |
| Net income | $382.1M | $812.7M | $1.26B | $671.1M | $550.8M | $3.21B | $3.86B | $2.45B | $1.54B | $1.19B |
| Net margin | 4.9% | 8.5% | 10.6% | 6.4% | 5.7% | 17.5% | 17.4% | 13.0% | 8.8% | 6.5% |
| EPS (diluted) | $1.56 | $3.36 | $5.35 | $3.04 | $2.59 | $15.56 | $20.92 | $14.64 | $9.84 | $7.99 |
| Balance sheet | ||||||||||
| Cash and equivalents | $841.5M | $1.03B | $828.2M | $1.38B | $1.37B | $1.24B | $1.63B | $1.40B | $589.5M | $769.9M |
| Total assets | $6.42B | $6.86B | $7.70B | $8.28B | $9.27B | $12.5B | $14.2B | $14.9B | $14.9B | $16.4B |
| Total liabilities | $3.54B | $3.55B | $3.82B | $4.21B | $4.92B | $6.21B | $6.06B | $6.07B | $5.99B | $7.49B |
| Long-term debt | $2.35B | $2.35B | $2.35B | $2.64B | $3.02B | $3.01B | $3.01B | $2.61B | $2.80B | $4.18B |
| Shareholders' equity | $2.93B | $3.35B | $3.94B | $4.08B | $4.35B | $6.30B | $8.13B | $8.87B | $8.93B | $8.96B |
| Cash flow | ||||||||||
| Operating cash flow | $852.8M | $739.4M | $1.42B | $1.40B | $987.0M | $2.20B | $4.46B | $3.52B | $1.84B | $1.45B |
| Capital expenditure | $198.2M | $164.9M | $239.4M | $451.9M | $1.20B | $1.01B | $908.9M | $1.66B | $1.87B | $948.0M |
| Free cash flow | $654.6M | $574.5M | $1.18B | $944.3M | −$211.0M | $1.20B | $3.55B | $1.86B | −$23.5M | $501.5M |
| Dividends paid | $135.8M | $145.6M | $168.9M | $200.3M | $209.2M | $213.0M | $237.2M | $271.3M | $282.6M | $291.2M |
| Share buybacks | $25.0M | $252.2M | $523.6M | $348.6M | $106.5M | $1.06B | $1.80B | $1.45B | $1.21B | $900.9M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $4.34B | $3.87B | $4.37B | $4.57B | $4.83B | $4.41B | $5.20B | $6.09B |
| Growth (year over year) | −5.4% | −8.5% | −6.9% | −1.5% | +11.2% | +14.0% | +19.1% | +33.4% |
| Gross profit | $605.2M | $441.7M | $486.5M | $618.5M | $757.9M | $529.3M | $763.2M | $959.0M |
| Gross margin | 13.9% | 11.4% | 11.1% | 13.5% | 15.7% | 12.0% | 14.7% | 15.7% |
| Operating income | $395.4M | $237.5M | $275.1M | $382.9M | $507.8M | $310.2M | $538.0M | $700.5M |
| Operating margin | 9.1% | 6.1% | 6.3% | 8.4% | 10.5% | 7.0% | 10.3% | 11.5% |
| Net income | $317.8M | $207.3M | $217.2M | $298.7M | $403.7M | $266.0M | $403.4M | $534.1M |
| Net margin | 7.3% | 5.4% | 5.0% | 6.5% | 8.4% | 6.0% | 7.8% | 8.8% |
| EPS (diluted) | $2.05 | $1.40 | $1.44 | $2.01 | $2.74 | $1.80 | $2.78 | $3.69 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.02B | $589.5M | $1.19B | $458.0M | $770.4M | $769.9M | $556.5M | $567.7M |
| Total assets | $15.7B | $14.9B | $15.9B | $15.5B | $16.0B | $16.4B | $16.7B | $17.1B |
| Total liabilities | $6.58B | $5.99B | $7.10B | $6.70B | $6.99B | $7.49B | $7.59B | $7.75B |
| Long-term debt | $2.80B | $2.80B | $3.78B | $3.78B | $3.78B | $4.18B | $4.18B | $4.18B |
| Shareholders' equity | $9.08B | $8.93B | $8.82B | $8.86B | $9.00B | $8.96B | $9.16B | $9.42B |
| Cash flow | ||||||||
| Operating cash flow | $759.9M | $346.9M | $152.6M | $301.6M | $722.6M | $272.7M | $148.3M | $427.9M |
| Capital expenditure | $621.4M | $453.2M | $305.5M | $288.3M | $165.7M | $188.5M | $138.0M | $123.8M |
| Free cash flow | $138.5M | −$106.3M | −$152.9M | $13.3M | $556.9M | $84.2M | $10.3M | $304.1M |
| Dividends paid | $71.6M | $70.4M | $69.5M | $74.7M | $73.9M | $73.1M | $72.5M | $76.6M |
| Share buybacks | $309.9M | $295.1M | $250.1M | $200.0M | $210.4M | $240.3M | $115.1M | $200.3M |
From Steel Dynamics's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Steel Dynamics vs the Materials sector and the S&P 500
Steel Dynamics's latest reported figures next to the median of the other 24 S&P 500 Materials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Steel Dynamics | Materials (24 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +3.6% | +4.1% | +7.0% |
| Net margin, latest fiscal year | 6.5% | 7.3% | 13.0% |
| Dividend per share, latest fiscal year | $2.00 | $2.21 | $2.40 |
| Share price change, 1 year | +67.6% | +10.5% | +5.6% |
Steel Dynamics: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Steel Dynamics included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 24/496, net margin 24/496, dividend per share 23/349, 1-year price change 24/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 23 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
About Steel Dynamics
Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the Fortune 500.
Source: Wikipedia — Steel Dynamics
- Headquarters
- Fort Wayne, Indiana From SEC filings, Oct 2026
Recent News (20)
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Why is Steel Dynamics stock sliding today?
Why is Steel Dynamics stock sliding today?
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Steel Dynamics earnings missed by $0.22, revenue topped estimates
Steel Dynamics earnings missed by $0.22, revenue topped estimates
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Steel Dynamics Reports Third Quarter 2026 Results FORT WAYNE, Ind., Oct. 19, 2026 /PRNewswire/ -- Third Quarter 2026 Performance Highlights: Record steel shipments of 3.8 million tons Net sales of $6.5 billion, operating income of $1.0 billion, and n…
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Steel Dynamics announces six leadership promotions
Steel Dynamics announces six leadership promotions
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Steel Dynamics Announces Leadership Promotions Leadership Promotions Supporting Steel Dynamics Long-Term Growth FORT WAYNE, Ind., Oct. 19, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced leadership promotions in support…
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Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher - 24/7 Wall St. Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher 24/7 Wall St.
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/C O R R E C T I O N - Steel Dynamics, Inc./ In the news release, Steel Dynamics Announces Third Quarter 2026 Earnings Conference Call and Webcast, issued Oct. 8, 2026 by Steel Dynamics, Inc. over PR Newswire, we are advised by the company that …
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Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up
Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up
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Nucor and Steel Dynamics Just Pulled Back—The Steel Story Still Looks Strong
Nucor and Steel Dynamics Just Pulled Back—The Steel Story Still Looks Strong
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Why is Steel Dynamics stock sliding today?
Why is Steel Dynamics stock sliding today?
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S&P 500 Premarket Gainers for Sept. 11, 2026: CPRT, ORCL, STLD, IP and RL Rise S&P 500 Premarket Gainers for Sept. 11, 2026: CPRT, ORCL, STLD, IP and RL Rise ChartMill
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STLD Stock Leads U.S. Steel Stocks Higher Amid Escalating Trade War With Canada
STLD Stock Leads U.S. Steel Stocks Higher Amid Escalating Trade War With Canada
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Are Wall Street Analysts Predicting Steel Dynamics Stock Will Climb or Sink?
Are Wall Street Analysts Predicting Steel Dynamics Stock Will Climb or Sink?
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Steel Dynamics Announces Third Quarter 2026 Cash Dividend FORT WAYNE, Ind., Aug. 14, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a third quarter cash dividend of $0.53 per common …
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Widening Spreads and Tariff Protection Drive Steel Dynamics’ (STLD) Rally
Widening Spreads and Tariff Protection Drive Steel Dynamics’ (STLD) Rally
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Steel Dynamics Q2 Earnings Call Highlights Steel Dynamics Q2 Earnings Call Highlights
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Steel Dynamics, Inc. Q2 2026 Earnings Call Summary Steel Dynamics, Inc. Q2 2026 Earnings Call Summary
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