Non-Current Assets
Goodwill
Steel Dynamics Goodwill remained flat by 0.0% to $477.47M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $477.47M to $477.47M. Over 5 years (FY 2020 to FY 2025), Goodwill shows relatively stable performance with a 0.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2014
Last reportedQ4 2025
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
Metric ID:
goodwillHistorical Data
20 periods
| 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 | $455.53M | $454.68M | $453.84M | $453.09M | $452.34M | $451.59M | $502.07M | $502.07M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M |
| QoQ Change | — | -0.2% | -0.2% | -0.2% | -0.2% | -0.2% | +11.2% | +0.0% | -4.9% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -0.7% | -0.7% | +10.6% | +10.8% | +5.6% | +5.7% | -4.9% | -4.9% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
Range$451.59M – $502.07M
CAGR+1.0%
Avg YoY Growth+1.3%
Median YoY Growth+0.0%
Current Streak11 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Steel Operations | $272.13M | $272.13M | $272.13M | $272.13M | $272.13M | $272.13M | $272.13M | $272.13M |
| Metals Recycling Operations | $203.41M | $203.41M | $189.41M | $189.41M | $189.41M | $189.41M | $189.41M | $189.41M |
| Aluminum Operations | — | — | $14.00M | $14.00M | $14.00M | $14.00M | $14.00M | $14.00M |
| Steel Fabrication Operations | $1.93M | $1.93M | $1.93M | $1.93M | $1.93M | $1.93M | $1.93M | $1.93M |
| Total | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M | $477.47M |
Goodwill at Other Companies
Frequently Asked Questions
- What is Steel Dynamics's goodwill?
- Steel Dynamics (STLD) reported goodwill of $477.47M in Q1 2026.
- How has Steel Dynamics's goodwill changed year-over-year?
- Steel Dynamics's goodwill decreased by 0.0% year-over-year, from $477.47M to $477.47M.
- What is the long-term trend for Steel Dynamics's goodwill?
- Over 5 years (2020 to 2025), Steel Dynamics's goodwill has grown at a 0.9% compound annual growth rate (CAGR), from $457.23M to $477.47M.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.