Companies / Materials
STLD
Steel Dynamics
Steel
SteelAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health50
Growth23
Profitability29
Cash generation21
Balance sheet77
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)34.8%Revenue growth (FY)3.6%Revenue CAGR (3y)-6.5%Gross margin13.2%Operating margin8.1%Net margin6.5%Free cash flow margin2.8%R&D / revenue—Stock comp / revenue0.4%Net debt / operating cash flow2.40xCurrent ratio3.06Diluted share count change-5.0%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $18.4B | $22.3B | $18.8B | $17.5B | $18.2B |
| Gross profit | $5.4B | $6.1B | $4.0B | $2.8B | $2.4B |
| Operating income | $4.3B | $5.1B | $3.2B | $1.9B | $1.5B |
| Net income | $3.2B | $3.9B | $2.5B | $1.5B | $1.2B |
| Operating cash flow | $2.2B | $4.5B | $3.5B | $1.8B | $1.4B |
| Capital expenditure | $1.0B | $909M | $1.7B | $1.9B | $948M |
| Free cash flow | $1.2B | $3.6B | $1.9B | -$24M | $502M |
| Stock-based comp | $58M | $59M | $62M | $67M | $69M |
| Buybacks | $1.1B | $1.8B | $1.5B | $1.2B | $901M |
| Dividends | $213M | $237M | $271M | $283M | $291M |
| Cash | $1.2B | $1.6B | $1.4B | $589M | $770M |
| Total debt | $3.2B | $3.1B | $3.5B | $3.7B | $4.2B |
| Equity | $6.3B | $8.1B | $8.9B | $8.9B | $9.0B |
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