Steel Dynamics, Inc.

STLD Basic Materials Steel

Steel Dynamics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, up 3.63% from fiscal 2024.

Revenue
+34.8%
EPS
+92.4%
Free cash flow
+25.0%
Total debt
+11.1%

Quarter to September 2026, against a year earlier

252.35 1.55 +0.62%
Market cap
$35.7B
P/E
18.5×
Fwd P/E
14.2×
Dividend yield
0.83%
F-score
5/9
Altman Z
5.03
Beneish M
−2.40
Dividend safety
71/100

Steel Dynamics, Inc. (STLD) Net income

Alert me on Net income

Steel Dynamics, Inc.'s net income for fiscal 2025 was $1.2B, down 23.4% from $1.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $2.0B. Over the past ten years it has ranged from −$145.2M (fiscal 2015) to $3.9B (fiscal 2022); the current reading is higher than 55% of that period. Net income has fallen for 3 consecutive fiscal years. Steel Dynamics, Inc. ranks 2nd of 19 Steel companies by net income.

Net income, annual

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Annual newest first

Period Net income Change
FY2025 $1.2B (23.40%)
FY2024 $1.5B (37.18%)
FY2023 $2.5B (36.40%)
FY2022 $3.9B 19.49%
FY2021 $3.2B 468.79%
FY2020 $570.8M (15.79%)
FY2019 $677.9M (46.02%)
FY2018 $1.3B 55.85%
FY2017 $805.8M 123.83%
FY2016 $360.0M —

Quarterly newest first

Period Net income Change
Sep 2026 $755.7M 42.37%
Jun 2026 $530.8M 32.66%
Mar 2026 $400.1M 51.26%
Dec 2025 $264.5M (34.51%)
43 more quarters

Against its own ten years

Low −$145.2M High $3.9B
Ten-year median $1.2B
Current reading's percentile 55

Net income against peers

What Net income is

Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.

Reported line item

The full definition of Net income →

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