About Steel Dynamics, Inc.
https://stld.steeldynamics.comSteel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations.

CEO
Mark D. Millett
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2008-03-31 | Forward | 2:1 |
| 2006-11-21 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 746
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Jefferies
Buy

Citigroup
Buy

BMO Capital
Outperform

Wells Fargo
Overweight

Keybanc
Overweight

Morgan Stanley
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership

METATRON CAPITAL SICAV PLC
Shares:198.45M
Value:$33.9B

VANGUARD GROUP INC
Shares:17.16M
Value:$2.93B

BLACKROCK INC.
Shares:12.44M
Value:$2.13B
Summary
Showing Top 3 of 1,041
About Steel Dynamics, Inc.
https://stld.steeldynamics.comSteel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.83B ▲ | $243.23M ▲ | $403.69M ▲ | 8.36% ▲ | $2.75 ▲ | $665.91M ▲ |
| Q2-2025 | $4.57B ▲ | $235.61M ▲ | $298.73M ▲ | 6.54% ▲ | $2 ▲ | $538.11M ▲ |
| Q1-2025 | $4.37B ▲ | $211.4M ▲ | $217.15M ▲ | 4.97% ▼ | $1.45 ▲ | $426.54M ▲ |
| Q4-2024 | $3.87B ▼ | $204.23M ▼ | $207.29M ▼ | 5.35% ▼ | $1.36 ▼ | $384.09M ▼ |
| Q3-2024 | $4.34B | $209.78M | $317.8M | 7.32% | $2.06 | $546.15M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $770.36M ▲ | $15.97B ▲ | $6.99B ▲ | $9B ▲ |
| Q2-2025 | $497.63M ▼ | $15.55B ▼ | $6.7B ▼ | $8.86B ▲ |
| Q1-2025 | $1.21B ▲ | $15.93B ▲ | $7.1B ▲ | $8.82B ▼ |
| Q4-2024 | $737.27M ▼ | $14.94B ▼ | $5.99B ▼ | $8.93B ▼ |
| Q3-2024 | $1.66B | $15.66B | $6.58B | $9.08B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $403.69M ▲ | $722.61M ▲ | $-120.53M ▲ | $-289.66M ▲ | $312.31M ▲ | $556.92M ▲ |
| Q2-2025 | $301.19M ▲ | $301.61M ▲ | $-305.7M ▼ | $-724.78M ▼ | $-728.87M ▼ | $13.28M ▲ |
| Q1-2025 | $217.68M ▲ | $152.6M ▼ | $-178.76M ▼ | $623.29M ▲ | $597.14M ▲ | $-152.9M ▼ |
| Q4-2024 | $207.29M ▼ | $346.87M ▼ | $51.16M ▲ | $-823.77M ▼ | $-425.75M ▼ | $-106.3M ▼ |
| Q3-2024 | $320.89M | $759.85M | $-852M | $277.37M | $185.23M | $138.5M |
Revenue by Products
| Product | Q3-2024 | Q4-2024 | Q1-2025 | Q2-2025 |
|---|---|---|---|---|
Metals Recycling and Ferrous Resources Operations | $390.00M ▲ | $3.35Bn ▲ | $1.07Bn ▼ | $1.16Bn ▲ |
Steel Fabrication Operations | $450.00M ▲ | $880.00M ▲ | $350.00M ▼ | $340.00M ▼ |
Steel Operations | $2.75Bn ▲ | $6.65Bn ▲ | $3.15Bn ▼ | $3.38Bn ▲ |
Revenue by Geography
| Region | Q3-2024 | Q4-2024 | Q2-2025 | Q1-2025 |
|---|---|---|---|---|
NonUS | $350.00M ▲ | $310.00M ▼ | $0 ▼ | $330.00M ▲ |
US | $3.99Bn ▲ | $3.57Bn ▼ | $4.29Bn ▲ | $4.04Bn ▼ |

CEO
Mark D. Millett
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2008-03-31 | Forward | 2:1 |
| 2006-11-21 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 746
Ratings Snapshot
Rating : A-
Most Recent Analyst Grades

Jefferies
Buy

Citigroup
Buy

BMO Capital
Outperform

Wells Fargo
Overweight

Keybanc
Overweight

Morgan Stanley
Overweight
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership

METATRON CAPITAL SICAV PLC
Shares:198.45M
Value:$33.9B

VANGUARD GROUP INC
Shares:17.16M
Value:$2.93B

BLACKROCK INC.
Shares:12.44M
Value:$2.13B
Summary
Showing Top 3 of 1,041




