STLD
Steel Dynamics, Inc.
Stock
$231.99+5.82 (+2.57%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.5B | $18.2B | $17.5B | $18.8B | $22.3B | $18.4B | $9.6B | $10.5B | $11.8B | $9.5B | $7.8B | $7.6B | $8.8B | $7.4B | $7.3B | $8.0B | $6.3B | $4.0B | $8.1B | $4.4B |
| Cost of revenue | $17.5B | $15.8B | $14.7B | $14.7B | $16.1B | $13.0B | $8.2B | $8.9B | $9.5B | $8.0B | $6.4B | $6.9B | $7.8B | $6.7B | $6.6B | $7.1B | $5.6B | $3.6B | $6.8B | $3.5B |
| Gross profit | $3.0B | $2.4B | $2.8B | $4.0B | $6.1B | $5.4B | $1.4B | $1.5B | $2.3B | $1.6B | $1.3B | $732M | $966M | $719M | $720M | $932M | $676M | $399M | $1.2B | $916M |
| SG&A | $754M | $765M | $664M | $589M | $546M | $644M | — | — | $600M | $515M | $474M | $376M | $386M | $333M | $329M | — | — | — | — | — |
| Other operating expenses | $199M | $151M | $195M | $306M | $480M | $417M | — | — | — | — | $133M | $429M | $260M | — | — | — | — | — | — | — |
| Operating income | $2.1B | $1.5B | $1.9B | $3.2B | $5.1B | $4.3B | $847M | $987M | $1.7B | $1.1B | $728M | −$73M | $320M | $387M | $391M | $585M | $365M | $120M | $846M | $691M |
| Non-operating income | −$35M | $17M | $40M | $68M | −$71M | −$92M | −$142M | −$112M | −$103M | −$132M | −$164M | −$169M | −$156M | −$124M | −$187M | −$161M | −$151M | −$138M | −$111M | −$61M |
| Pretax income | $2.0B | $1.5B | $2.0B | $3.2B | $5.0B | $4.2B | $705M | $875M | $1.6B | $935M | $564M | −$242M | $165M | $263M | $204M | $424M | $213M | −$18M | $735M | $630M |
| Taxes | $414M | $307M | $446M | $768M | $1.2B | $995M | $155M | $204M | $361M | $122M | $182M | −$112M | $7.8M | $74M | $41M | $146M | $73M | −$10M | $272M | $235M |
| Net income | $1.6B | $1.2B | $1.5B | $2.5B | $3.9B | $3.2B | $551M | $671M | $1.3B | $813M | $382M | −$130M | $157M | $189M | $164M | $278M | $141M | −$8.2M | $463M | $395M |
| Diluted EPS | $11.03 | $7.99 | $9.84 | $14.64 | $20.92 | $15.56 | $2.59 | $3.04 | $5.35 | $3.36 | $1.56 | −$0.54 | $0.67 | $0.83 | $0.73 | $1.22 | $0.64 | −$0.04 | $2.38 | $2.01 |
| Diluted shares | — | 148.4M | 156.1M | 167.4M | 184.6M | 206.6M | 212.3M | 220.7M | 235.2M | 241.8M | 245.3M | 242.0M | 242.1M | 239.0M | 236.6M | 236.0M | 234.7M | 200.7M | 194.6M | 196.8M |
| Revenue growth | — | +3.6% | −6.7% | −15.6% | +20.9% | +91.7% | −8.3% | −11.5% | +23.9% | +22.7% | +2.4% | −13.3% | +18.8% | +1.1% | −8.8% | +26.9% | +59.2% | −51.0% | +84.3% | — |
| Gross margin | 14.7% | 13.2% | 16.0% | 21.5% | 27.5% | 29.1% | 14.9% | 14.6% | 19.6% | 16.6% | 17.2% | 9.6% | 11.0% | 9.8% | 9.9% | 11.6% | 10.7% | 10.1% | 15.2% | 20.9% |
| Operating margin | 10.0% | 8.1% | 11.1% | 16.8% | 22.9% | 23.4% | 8.8% | 9.4% | 14.6% | 11.2% | 9.4% | −1.0% | 3.7% | 5.2% | 5.4% | 7.3% | 5.8% | 3.0% | 10.5% | 15.8% |
| Net margin | 7.8% | 6.5% | 8.8% | 13.0% | 17.4% | 17.5% | 5.7% | 6.4% | 10.6% | 8.5% | 4.9% | −1.7% | 1.8% | 2.6% | 2.2% | 3.5% | 2.2% | −0.2% | 5.7% | 9.0% |