Steel Dynamics Inc Financials
Steel Dynamics Inc (STLD) reported $18.2B in revenue for fiscal year 2025, up 3.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Steel Dynamics now runs on revenue that is holding up but much thinner margins, making cash generation depend heavily on reinvestment choices.
FY2025 revenue recovered modestly from FY2024, yet operating margin still slid to8.1% , showing the earnings squeeze is coming from thinner spreads rather than simply weaker sales. The same pattern showed up in cash: operating cash flow fell to$1.45B despite higher revenue, so each incremental dollar of sales converted into less cash than earlier in the cycle; compared with FY2021, a similar sales base now carries a much smaller profit cushion.
The sharp free-cash-flow swing in FY2024 was mostly a capital-spending story, not just weaker operations:
The balance sheet posture is still liquid, but it is less cash-heavy than the current ratio suggests: year-end cash was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Steel Dynamics Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Steel Dynamics Inc has an operating margin of 8.1%, meaning the company retains $8 of operating profit per $100 of revenue. This strong profitability earns a score of 69/100, reflecting efficient cost management and pricing power. This is down from 11.1% the prior year.
Steel Dynamics Inc's revenue grew a modest 3.6% year-over-year to $18.2B. This slow but positive growth earns a score of 27/100.
Steel Dynamics Inc has a moderate D/E ratio of 0.47. This balance of debt and equity financing earns a leverage score of 34/100.
With a current ratio of 3.06, Steel Dynamics Inc holds $3.06 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 78/100.
Steel Dynamics Inc has a free cash flow margin of 2.8%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
Steel Dynamics Inc earns a strong 13.2% return on equity (ROE), meaning it generates $13 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is down from 17.2% the prior year.
Steel Dynamics Inc scores 5.77, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Steel Dynamics Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Steel Dynamics Inc generates $1.22 in operating cash flow ($1.4B OCF vs $1.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Steel Dynamics Inc earns $21.07 in operating income for every $1 of interest expense ($1.5B vs $70.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Steel Dynamics Inc generated $18.2B in revenue in fiscal year 2025. This represents an increase of 3.6% from the prior year.
Steel Dynamics Inc's EBITDA was $2.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 16.3% from the prior year.
Steel Dynamics Inc reported $1.2B in net income in fiscal year 2025. This represents a decrease of 22.9% from the prior year.
Steel Dynamics Inc earned $7.99 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 18.8% from the prior year.
Cash & Balance Sheet
Steel Dynamics Inc generated $501.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 2233.8% from the prior year.
Steel Dynamics Inc held $769.9M in cash against $4.2B in long-term debt as of fiscal year 2025.
Steel Dynamics Inc paid $2.00 per share in dividends in fiscal year 2025. This represents an increase of 8.7% from the prior year.
Margins & Returns
Steel Dynamics Inc's gross margin was 13.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.8 percentage points from the prior year.
Steel Dynamics Inc's operating margin was 8.1% in fiscal year 2025, reflecting core business profitability. This is down 3.0 percentage points from the prior year.
Steel Dynamics Inc's net profit margin was 6.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.2 percentage points from the prior year.
Steel Dynamics Inc's ROE was 13.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.0 percentage points from the prior year.
Capital Allocation
Steel Dynamics Inc spent $900.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 25.7% from the prior year.
Steel Dynamics Inc invested $948.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 49.2% from the prior year.
Not reported for fiscal year 2025.
STLD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.5B | $18.2B+3.6% | $17.5B-6.7% | $18.8B-15.6% | $22.3B+20.9% | $18.4B+91.7% | $9.6B-8.3% | $10.5B-11.5% | $11.8B+23.9% | $9.5B+22.7% | $7.8B+2.4% | $7.6B-13.3% | $8.8B+18.8% | $7.4B+1.1% | $7.3B-8.8% | $8.0B |
| Cost of Revenue | $17.5B | $15.8B+7.1% | $14.7B-0.1% | $14.7B-8.6% | $16.1B+23.7% | $13.0B+59.8% | $8.2B-8.6% | $8.9B-5.9% | $9.5B+19.4% | $8.0B+23.5% | $6.4B-6.1% | $6.9B-11.9% | $7.8B+17.1% | $6.7B+1.3% | $6.6B-7.0% | $7.1B |
| Gross Profit | $3.0B | $2.4B-14.6% | $2.8B-30.7% | $4.0B-33.9% | $6.1B+14.1% | $5.4B+273.8% | $1.4B-6.3% | $1.5B-34.1% | $2.3B+46.8% | $1.6B+18.5% | $1.3B+82.4% | $731.7M-24.3% | $966.2M+34.4% | $719.1M-0.1% | $719.9M-22.7% | $931.5M |
| SG&A Expenses | $754.2M | $765.3M+15.2% | $664.1M+12.8% | $588.6M+7.9% | $545.6M-15.3% | $644.0M | N/A | N/A | $600.4M+16.6% | $515.1M+8.7% | $474.1M+26.1% | $376.0M-2.6% | $385.9M+16.0% | $332.6M+1.2% | $328.7M | N/A |
| Operating Income | $2.1B | $1.5B-24.0% | $1.9B-38.3% | $3.2B-38.1% | $5.1B+18.4% | $4.3B+407.7% | $847.1M-14.2% | $986.9M-42.7% | $1.7B+61.4% | $1.1B+46.6% | $728.0M+1100.2% | -$72.8M-122.7% | $320.3M-17.1% | $386.5M-1.2% | $391.2M-33.1% | $584.8M |
| Interest Expense | $112.9M | $70.0M+24.3% | $56.3M-26.3% | $76.5M-16.4% | $91.5M+60.0% | $57.2M-39.7% | $94.9M-25.4% | $127.1M+0.4% | $126.6M-5.8% | $134.4M-8.0% | $146.0M-5.1% | $153.9M+12.2% | $137.3M+7.5% | $127.7M-19.5% | $158.6M-10.4% | $177.0M |
| Income Tax | $421.8M | $305.7M-29.4% | $432.9M-42.4% | $751.6M-34.2% | $1.1B+18.6% | $962.3M+614.6% | $134.7M-31.8% | $197.4M-45.8% | $364.0M+181.2% | $129.4M-36.6% | $204.1M+310.6% | -$96.9M-232.5% | $73.2M-26.3% | $99.3M+60.7% | $61.8M-61.1% | $158.6M |
| Net Income | $1.6B | $1.2B-22.9% | $1.5B-37.3% | $2.5B-36.5% | $3.9B+20.2% | $3.2B+463.1% | $570.8M-15.8% | $677.9M-46.0% | $1.3B+55.8% | $805.8M+123.8% | $360.0M+348.0% | -$145.2M-258.4% | $91.7M-44.0% | $163.5M+14.9% | $142.3M-46.4% | $265.7M |
| EPS (Diluted) | — | $7.99-18.8% | $9.84-32.8% | $14.64-30.0% | $20.92+34.4% | $15.56+500.8% | $2.59-14.8% | $3.04-43.2% | $5.35+59.2% | $3.36+115.4% | $1.56+388.9% | -$0.54 | $0.67-19.3% | $0.83+13.7% | $0.73-40.2% | $1.22 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
STLD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.4B+9.9% | $14.9B+0.2% | $14.9B+5.3% | $14.2B+13.0% | $12.5B+35.2% | $9.3B+12.0% | $8.3B+7.4% | $7.7B+12.4% | $6.9B+6.7% | $6.4B+3.6% | $6.2B-14.3% | $7.2B+22.8% | $5.9B+1.3% | $5.8B-2.7% | $6.0B |
| Current Assets | $6.5B+19.4% | $5.4B-20.0% | $6.8B-11.1% | $7.6B+10.7% | $6.9B+62.1% | $4.3B+0.1% | $4.3B+5.5% | $4.0B+14.9% | $3.5B+19.8% | $2.9B+15.4% | $2.5B-13.6% | $2.9B+18.8% | $2.5B+7.7% | $2.3B-6.5% | $2.5B |
| Cash & Equivalents | $769.9M+30.6% | $589.5M-57.9% | $1.4B-14.0% | $1.6B+30.9% | $1.2B-9.1% | $1.4B-0.9% | $1.4B+66.8% | $828.2M-19.5% | $1.0B+22.2% | $841.5M+15.7% | $727.0M+101.2% | $361.4M-8.6% | $395.2M+5.1% | $375.9M-3.8% | $390.8M |
| Inventory | $3.7B+20.1% | $3.1B+7.6% | $2.9B-7.5% | $3.1B-11.4% | $3.5B+91.5% | $1.8B+9.1% | $1.7B-9.2% | $1.9B+22.4% | $1.5B+19.1% | $1.3B+10.9% | $1.1B-29.0% | $1.6B+23.1% | $1.3B+9.3% | $1.2B+0.2% | $1.2B |
| Accounts Receivable | N/A | N/A | N/A | $2.0B+3.4% | $1.9B+97.5% | $968.0M+15.0% | $841.4M-19.1% | $1.0B+22.9% | $846.4M+20.3% | $703.6M+21.4% | $579.3M-32.6% | $859.8M+29.5% | $664.2M+10.8% | $599.5M-11.8% | $679.9M |
| Goodwill | $477.5M0.0% | $477.5M0.0% | $477.5M-4.9% | $502.1M+10.6% | $453.8M-0.7% | $457.2M+1.0% | $452.9M+5.4% | $429.6M+11.1% | $386.9M-1.6% | $393.4M-1.0% | $397.5M-46.7% | $745.2M+1.8% | $732.0M-0.9% | $738.5M-0.9% | $745.1M |
| Total Liabilities | $7.5B+25.0% | $6.0B-1.3% | $6.1B+0.1% | $6.1B-2.4% | $6.2B+26.3% | $4.9B+16.8% | $4.2B+10.3% | $3.8B+7.5% | $3.5B+0.4% | $3.5B+0.1% | $3.5B-18.1% | $4.3B+31.6% | $3.3B-1.9% | $3.3B-7.5% | $3.6B |
| Current Liabilities | $2.1B-1.3% | $2.2B-7.8% | $2.3B+14.8% | $2.0B-8.8% | $2.2B+76.9% | $1.3B+25.0% | $1.0B-1.2% | $1.0B+17.3% | $868.5M+21.8% | $712.8M+33.2% | $535.3M-37.1% | $850.6M-12.8% | $975.2M+59.9% | $609.7M-44.6% | $1.1B |
| Long-Term Debt | $4.2B+48.9% | $2.8B+7.4% | $2.6B-13.3% | $3.0B+0.2% | $3.0B-0.2% | $3.0B+14.0% | $2.6B+12.4% | $2.4B0.0% | $2.4B0.0% | $2.4B-8.7% | $2.6B-12.2% | $2.9B+66.2% | $1.8B-18.7% | $2.2B+12.2% | $1.9B |
| Total Equity | $9.0B+0.3% | $8.9B+0.8% | $8.9B+9.1% | $8.1B+29.0% | $6.3B+45.1% | $4.3B+6.6% | $4.1B+3.6% | $3.9B+17.4% | $3.4B+14.5% | $2.9B+9.2% | $2.7B-8.0% | $2.9B+16.7% | $2.5B+5.0% | $2.4B+3.4% | $2.3B |
| Retained Earnings | $15.7B+6.0% | $14.8B+9.2% | $13.5B+19.1% | $11.4B+46.6% | $7.8B+63.1% | $4.8B+7.7% | $4.4B+11.6% | $4.0B+37.7% | $2.9B+30.0% | $2.2B+12.5% | $2.0B-11.8% | $2.2B+2.2% | $2.2B+4.4% | $2.1B+3.8% | $2.0B |
STLD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.6B | $1.4B-21.4% | $1.8B-47.6% | $3.5B-21.1% | $4.5B+102.4% | $2.2B+123.3% | $987.0M-29.3% | $1.4B-1.4% | $1.4B+91.4% | $739.4M-13.3% | $852.8M-19.1% | $1.1B+67.7% | $628.2M+101.2% | $312.2M-30.0% | $445.7M-8.4% | $486.4M |
| Capital Expenditures | $616.0M | $948.0M-49.2% | $1.9B+12.7% | $1.7B+82.4% | $908.9M-9.7% | $1.0B-16.0% | $1.2B+165.1% | $451.9M+88.8% | $239.4M+45.1% | $164.9M-16.8% | $198.2M+73.1% | $114.5M+2.4% | $111.8M-40.2% | $186.8M-16.4% | $223.5M+33.8% | $167.0M |
| Free Cash Flow | $955.6M | $501.5M+2233.8% | -$23.5M-101.3% | $1.9B-47.6% | $3.6B+196.5% | $1.2B+667.7% | -$211.0M-122.3% | $944.3M-19.7% | $1.2B+104.7% | $574.5M-12.2% | $654.6M-30.3% | $939.1M+81.8% | $516.4M+312.1% | $125.3M-43.6% | $222.2M-30.4% | $319.3M |
| Investing Cash Flow | -$747.6M | -$975.0M+25.2% | -$1.3B+33.8% | -$2.0B-4.8% | -$1.9B-88.0% | -$999.4M-0.6% | -$993.3M-72.2% | -$576.7M+35.6% | -$895.3M-543.6% | -$139.1M+55.5% | -$312.9M | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$714.3M | -$294.3M+78.2% | -$1.4B+23.9% | -$1.8B+19.1% | -$2.2B-65.2% | -$1.3B-18763.1% | -$7.0M+97.4% | -$266.6M+63.0% | -$720.9M-74.4% | -$413.3M+2.8% | -$425.4M | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | $296.0M | $291.2M+3.0% | $282.6M+4.2% | $271.3M+14.4% | $237.2M+11.4% | $213.0M+1.8% | $209.2M+4.5% | $200.3M+18.6% | $168.9M+16.0% | $145.6M+7.2% | $135.8M+6.4% | $127.6M+21.1% | $105.4M+11.1% | $94.8M+8.2% | $87.6M+7.0% | $81.9M |
| Share Buybacks | $766.1M | $900.9M-25.7% | $1.2B-16.5% | $1.5B-19.4% | $1.8B+69.8% | $1.1B+895.6% | $106.5M-69.4% | $348.6M-33.4% | $523.6M+107.6% | $252.2M+907.6% | $25.0M | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
STLD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.2%-2.8pp | 16.0%-5.5pp | 21.5%-5.9pp | 27.5%-1.7pp | 29.1%+14.2pp | 14.9%+0.3pp | 14.6%-5.0pp | 19.7%+3.1pp | 16.6%-0.6pp | 17.2%+7.5pp | 9.6%-1.4pp | 11.0%+1.3pp | 9.8%-0.1pp | 9.9%-1.8pp | 11.7% |
| Operating Margin | 8.1%-3.0pp | 11.1%-5.7pp | 16.8%-6.1pp | 22.9%-0.5pp | 23.4%+14.5pp | 8.8%-0.6pp | 9.4%-5.1pp | 14.6%+3.4pp | 11.2%+1.8pp | 9.4%+10.3pp | -1.0%-4.6pp | 3.7%-1.6pp | 5.2%-0.1pp | 5.4%-1.9pp | 7.3% |
| Net Margin | 6.5%-2.2pp | 8.8%-4.3pp | 13.0%-4.3pp | 17.3%-0.1pp | 17.5%+11.5pp | 5.9%-0.5pp | 6.5%-4.1pp | 10.6%+2.2pp | 8.5%+3.8pp | 4.6%+6.5pp | -1.9%-3.0pp | 1.1%-1.2pp | 2.2%+0.3pp | 1.9%-1.4pp | 3.3% |
| Return on Equity | 13.2%-4.0pp | 17.2%-10.4pp | 27.6%-19.9pp | 47.5%-3.5pp | 51.0%+37.8pp | 13.1%-3.5pp | 16.6%-15.3pp | 31.9%+7.9pp | 24.0%+11.7pp | 12.3%+17.7pp | -5.4%-8.6pp | 3.1%-3.4pp | 6.6%+0.6pp | 6.0%-5.6pp | 11.6% |
| Return on Assets | 7.2%-3.1pp | 10.3%-6.1pp | 16.4%-10.8pp | 27.3%+1.6pp | 25.7%+19.5pp | 6.2%-2.0pp | 8.2%-8.1pp | 16.3%+4.6pp | 11.8%+6.1pp | 5.6%+7.9pp | -2.3%-3.6pp | 1.3%-1.5pp | 2.8%+0.3pp | 2.5%-2.0pp | 4.4% |
| Current Ratio | 3.06+0.5x | 2.53-0.4x | 2.91-0.8x | 3.76+0.7x | 3.10-0.3x | 3.38-0.8x | 4.22+0.3x | 3.96-0.1x | 4.04-0.1x | 4.11-0.6x | 4.74+1.3x | 3.45+0.9x | 2.54-1.2x | 3.77+1.5x | 2.23 |
| Debt-to-Equity | 0.47+0.2x | 0.310.0x | 0.29-0.1x | 0.37-0.1x | 0.48-0.2x | 0.690.0x | 0.65+0.1x | 0.60-0.1x | 0.70-0.1x | 0.80-0.2x | 0.960.0x | 1.01+0.3x | 0.71-0.2x | 0.91+0.1x | 0.84 |
| FCF Margin | 2.8%+2.9pp | -0.1%-10.0pp | 9.9%-6.0pp | 16.0%+9.4pp | 6.5%+8.7pp | -2.2%-11.2pp | 9.0%-0.9pp | 10.0%+3.9pp | 6.0%-2.4pp | 8.4%-4.0pp | 12.4%+6.5pp | 5.9%+4.2pp | 1.7%-1.3pp | 3.0%-0.9pp | 4.0% |
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Where Steel Dynamics Inc Ranks
Frequently Asked Questions
What is Steel Dynamics Inc's annual revenue?
Steel Dynamics Inc (STLD) reported $18.2B in total revenue for fiscal year 2025. This represents a 3.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Steel Dynamics Inc's revenue growing?
Steel Dynamics Inc (STLD) revenue grew by 3.6% year-over-year, from $17.5B to $18.2B in fiscal year 2025.
Is Steel Dynamics Inc profitable?
Yes, Steel Dynamics Inc (STLD) reported a net income of $1.2B in fiscal year 2025, with a net profit margin of 6.5%.
What is Steel Dynamics Inc's EBITDA?
Steel Dynamics Inc (STLD) had EBITDA of $2.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Steel Dynamics Inc have?
As of fiscal year 2025, Steel Dynamics Inc (STLD) had $769.9M in cash and equivalents against $4.2B in long-term debt.
What is Steel Dynamics Inc's gross margin?
Steel Dynamics Inc (STLD) had a gross margin of 13.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Steel Dynamics Inc's operating margin?
Steel Dynamics Inc (STLD) had an operating margin of 8.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Steel Dynamics Inc's net profit margin?
Steel Dynamics Inc (STLD) had a net profit margin of 6.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Steel Dynamics Inc pay dividends?
Yes, Steel Dynamics Inc (STLD) paid $2.00 per share in dividends during fiscal year 2025.
What is Steel Dynamics Inc's return on equity (ROE)?
Steel Dynamics Inc (STLD) has a return on equity of 13.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Steel Dynamics Inc's free cash flow?
Steel Dynamics Inc (STLD) generated $501.5M in free cash flow during fiscal year 2025. This represents a 2233.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Steel Dynamics Inc's operating cash flow?
Steel Dynamics Inc (STLD) generated $1.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Steel Dynamics Inc's total assets?
Steel Dynamics Inc (STLD) had $16.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Steel Dynamics Inc's capital expenditures?
Steel Dynamics Inc (STLD) invested $948.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Steel Dynamics Inc's current ratio?
Steel Dynamics Inc (STLD) had a current ratio of 3.06 as of fiscal year 2025, which is generally considered healthy.
What is Steel Dynamics Inc's debt-to-equity ratio?
Steel Dynamics Inc (STLD) had a debt-to-equity ratio of 0.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Steel Dynamics Inc's return on assets (ROA)?
Steel Dynamics Inc (STLD) had a return on assets of 7.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Steel Dynamics Inc's Altman Z-Score?
Steel Dynamics Inc (STLD) has an Altman Z-Score of 5.77, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Steel Dynamics Inc's Piotroski F-Score?
Steel Dynamics Inc (STLD) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Steel Dynamics Inc's earnings high quality?
Steel Dynamics Inc (STLD) has an earnings quality ratio of 1.22x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Steel Dynamics Inc cover its interest payments?
Steel Dynamics Inc (STLD) has an interest coverage ratio of 21.07x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Steel Dynamics Inc?
Steel Dynamics Inc (STLD) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.