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STEEL DYNAMICS INC

LISTEDNASDAQ
SYMBOLSTLD
SIC3312
STATE OF INC.IN
FISCAL YEAR ENDSDecember 31
CIK1022671

STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS) · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

REVENUES, NET INCOME AND FREE CASH FLOW BY FISCAL YEAR$ billions-505101520252016201720182019202020212022202320242025RevenuesNet incomeFree cash flowEARNINGS AND DIVIDENDS PER SHARE$ per share0.0010.0020.0030.002016201720182019202020212022202320242025EPS dilutedDividends per share

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)Amount%
Total debt4,21132.0
Stockholders' equity8,95768.0
Total capitalization13,168100.0

143,328,088 shares outstanding at 23 July 2026 (cover page of the 10-Q filed 28 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)Amount
Long-term debt, incl. current maturities4,211
Long-term debt, noncurrent4,177
Current maturities35

CAPITAL STOCK 12/31/25

Common shares authorized900,000,000
Common shares issued268,644,427
Treasury shares123,704,325
Par or stated value per share ($)0.0025
Outstanding at 7/23/26143,328,088

DIVIDENDS DECLARED/PAID

Fiscal yearPer share $Payout %
20252.0025.0
20241.8418.7
20231.7011.6
20221.366.5
20211.046.7

HISTORY AND BUSINESS

HISTORY: Incorporated in Indiana.

BUSINESS: Classified by the SEC under Standard Industrial Classification 3312, Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). Large accelerated filer. Principal executive office: 7575 W Jefferson Blvd, Fort Wayne, IN 46804. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)12/31/2512/31/2412/31/23
Revenues18,17717,54018,795
Cost of revenues15,78414,73814,749
Gross profit2,3922,8034,046
Selling, general and administrative765664589
Depreciation and amortization551479438
Operating income1,4761,9433,151
Interest expense705676
Income before income taxes1,4931,9833,219
Income taxes306433752
Net income1,1861,5372,451
Earned per share, diluted ($)7.999.8414.64
Dividends per share ($)2.001.841.70

CONSOLIDATED BALANCE SHEET

($ millions)12/31/2512/31/24
Cash and equivalents770589
Receivables, net1,6831,417
Inventories3,7393,114
Total current assets6,4845,431
Property, plant and equipment, net8,5698,118
Goodwill477477
Total assets16,42014,935
Total current liabilities2,1222,151
Long-term debt4,1772,804
Total liabilities7,4895,990
Stockholders' equity8,9578,934
Total liabilities and equity16,42014,935

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year endedRevenuesOper. incomeNet incomeNet margin %EPS diluted $Div. per share $Oper. cash flowCapital expend.Free cash flowTotal assetsTotal liabilitiesTotal debtStockholders' equityROE %Debt / equity
12/31/2518,1771,4761,1866.57.992.001,45094850216,4207,4894,2118,95713.20.47
12/31/2417,5401,9431,5378.89.841.841,8451,868(24)14,9355,9903,2318,93417.20.36
12/31/2318,7953,1512,45113.014.641.703,5201,6581,86214,9086,0693,0718,86727.60.35
12/31/2222,2615,0923,86317.420.921.364,4609093,55214,1606,0643,0718,13047.50.38
12/31/2118,4094,3013,21417.515.561.042,2041,0061,19812,5316,2113,1066,30551.00.49
12/31/209,6018475515.72.591.009871,198(211)9,2664,9173,1034,34512.70.71
12/31/1910,4659876716.43.040.961,3964529448,2764,2112,7344,07616.50.67
12/31/1811,8221,7221,25810.65.350.751,4152391,1767,7043,8162,3773,93532.00.60
12/31/179,5391,0678138.53.360.627391655746,8563,5492,3823,35224.20.71
12/31/167,7777283824.91.560.568531986556,4243,5352,3572,92713.10.81

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

STEEL DYNAMICS INC
CIK 1022671 · EIN 35-1929476

PRINCIPAL OFFICE:

7575 W Jefferson Blvd, Fort Wayne, IN 46804
Tel.: 260 459 3553

INCORPORATED:

Indiana

INDUSTRY (SEC SIC CODE):

3312 · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 27 February 2026

FORMER NAMES:

STEEL DYNAMICS INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/18/268-Kperiod 9/17/26
8/14/268-Kperiod 8/14/26
8/4/268-Kperiod 8/3/26
7/28/2610-Qperiod 6/30/26
7/21/268-Kperiod 7/20/26
6/18/268-Kperiod 6/17/26
5/8/268-Kperiod 5/6/26
4/27/2610-Qperiod 3/31/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/27/26) · 10-K FY2024 (filed 2/28/25) · 10-K FY2023 (filed 2/29/24) · 10-K FY2022 (filed 2/28/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 2/27/20) · 10-K FY2018 (filed 2/27/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.

Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.

Data from SEC filings  ·  Educational only  ·  Not investment advice