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Steel Dynamics Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Steel Dynamics holds $16.7B in total assets. Shareholders' equity is $9.2B against $4.2B in total debt. Cash and equivalents total $556.5M. The current ratio is 3.13 and debt-to-equity is 0.458. Based on the Q1 2026 filing.

Total Assets$16.7BTotal Stockholders Equity$9.2BLong Term Debt$4.2BCash And Equivalents$556.5MTotal Current Assets$6.8BTotal Current Liabilities$2.2B
Latest FilingQ1 2026
Report Date2026-04-27
Market Cap$33.8B
P/E Ratio24.67
ROE15.25%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued expenses$373.2M$173.3M$233.4M$302.2M$361.5M$225.7M
Accrued Manufacturing Costs$373.2M$173.3M$233.4M$302.2M$361.5M$225.7M
Other Commercial Liabilities$366.7M$373.3M$355.0M$435.2M$427.4M$408.2M
Accrued Income Taxes, Current$3.8M$43.2M$2.1M$3.1M$67.3M$135.2M
Accrued Liabilities, Current$366.7M$373.3M$355.0M$435.2M$427.4M$408.2M
Compensation and benefits$373.2M$173.3M$233.4M$302.2M$361.5M$225.7M
Current portion of long-term debt$427.0M$418.9M$1.5M$1.4M$34.7M$22.1M
Income taxes payable$3.8M$43.2M$2.1M$3.1M$67.3M$135.2M
Total current liabilities$2.2B$2.3B$1.8B$2.0B$2.1B$2.2B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Accumulated other comprehensive income (loss)——$1.2M-$1.3M-$598.0K-$858.0K
Common stock$652.0K$652.0K$652.0K$652.0K$653.0K$653.0K
Additional paid-in capital$1.2B$1.2B$1.2B$1.2B$1.2B$1.2B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$652.0K$652.0K$652.0K$652.0K$653.0K$653.0K
Noncontrolling interests-$160.3M-$162.0M-$161.2M-$166.0M-$168.0M-$172.7M
Redeemable noncontrolling interests$171.2M$171.2M$141.2M$141.2M$141.2M$141.2M
Retained earnings$14.8B$14.9B$15.2B$15.5B$15.7B$16.0B
Total liabilities and stockholders' equity$14.9B$15.9B$15.5B$16.0B$16.4B$16.7B
Total stockholders' equity$8.9B$8.8B$8.9B$9.0B$9.0B$9.2B
Treasury stock$7.1B$7.3B$7.5B$7.7B$8.0B$8.1B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$589.5M$1.2B$458.0M$770.4M$769.9M$556.5M
Other current assets$163.1M$190.3M$231.1M$351.4M$293.1M$274.1M
Inventories$3.1B$3.1B$3.3B$3.2B$3.7B$3.9B
Prepaid expenses and other current assets$163.1M$190.3M$231.1M$351.4M$293.1M$274.1M
Total current assets$5.4B$6.2B$5.7B$6.1B$6.5B$6.8B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$681.2M$693.3M$701.7M$708.1M$557.4M$574.2M
Goodwill$477.5M$477.5M$477.5M$477.5M$477.5M$477.5M
Intangible assets, net$227.2M$220.3M$213.4M$206.5M$331.3M$323.5M
Other intangible assets—net$227.2M$220.3M$213.4M$206.5M$331.3M$323.5M
Other non-current assets$681.2M$693.3M$701.7M$708.1M$557.4M$574.2M
Other non-current assets$681.2M$693.3M$701.7M$708.1M$557.4M$574.2M
Property and equipment, net$8.1B$8.3B$8.5B$8.5B$8.6B$8.5B
Software and Technology Licenses, Net$681.2M$693.3M$701.7M$708.1M$557.4M$574.2M
Total assets$14.9B$15.9B$15.5B$16.0B$16.4B$16.7B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$2.8B$3.8B$3.8B$3.8B$4.2B$4.2B
Other non-current liabilities$133.2M$134.5M$148.4M$151.8M$186.2M$194.4M
Total liabilities$6.0B$7.1B$6.7B$7.0B$7.5B$7.6B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred income taxes$902.2M$918.4M$957.6M$1.1B$1.0B$1.0B
Noncontrolling interests in subsidiaries-$160.3M-$162.0M-$161.2M-$166.0M-$168.0M-$172.7M
Redeemable noncontrolling interests in subsidiaries$171.2M$171.2M$141.2M$141.2M$141.2M$141.2M