Cash & Equivalents
Steel Dynamics Cash & Equivalents decreased by 27.7% to $556.53M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 53.1%, from $1.19B to $556.53M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -10.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.11B | $1.10B | $1.24B | $1.19B | $1.01B | $1.42B | $1.63B | $1.60B | $1.48B | $1.77B | $1.40B | $1.04B | $829.98M | $1.02B | $589.46M | $1.19B | $458.05M | $770.36M | $769.88M | $556.53M |
| QoQ Change | — | -1.6% | +13.5% | -4.4% | -15.3% | +41.1% | +14.6% | -1.4% | -8.1% | +19.7% | -20.7% | -25.8% | -20.1% | +22.3% | -41.9% | +101.4% | -61.4% | +68.2% | -0.1% | -27.7% |
| YoY Change | — | — | — | — | -9.6% | +29.6% | +30.9% | +34.9% | +46.5% | +24.3% | -14.0% | -35.2% | -43.7% | -42.5% | -57.9% | +14.2% | -44.8% | -24.1% | +30.6% | -53.1% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Steel Dynamics's cash & equivalents?
- Steel Dynamics (STLD) reported cash & equivalents of $556.53M in Q1 2026.
- How has Steel Dynamics's cash & equivalents changed year-over-year?
- Steel Dynamics's cash & equivalents decreased by 53.1% year-over-year, from $1.19B to $556.53M.
- What is the long-term trend for Steel Dynamics's cash & equivalents?
- Over 5 years (2020 to 2025), Steel Dynamics's cash & equivalents has grown at a -10.9% compound annual growth rate (CAGR), from $1.37B to $769.88M.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.