Discontinued — last reported Q1 '23

Business Segments · CapEx

Steel Operations — CapEx

Steel Dynamics Steel Operations — CapEx decreased by 41.9% to $120.54M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 11.5%, from $136.19M to $120.54M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2023

How to read this metric

High spending suggests growth or modernization, while low spending may indicate a focus on cash preservation or maintenance-only mode.

Detailed definition

This represents the cash outflows dedicated to capital expenditures for the steel segment's physical assets, such as mac...

Peer comparison

Standard capital expenditure (CapEx) metric reported by all industrial and manufacturing firms.

Metric ID: stld_segment_steel_operations_payments_to_acquire_property_plant_and_equipment

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23
Value$257.25M$200.72M$196.44M$136.19M$135.86M$131.75M$207.35M$120.54M
QoQ Change-22.0%-2.1%-30.7%-0.2%-3.0%+57.4%-41.9%
YoY Change-47.2%-34.4%+5.6%-11.5%
Range$120.54M$257.25M
CAGR-35.2%
Avg YoY Growth-21.9%
Median YoY Growth-22.9%

Frequently Asked Questions

What is Steel Dynamics's steel operations — capex?
Steel Dynamics (STLD) reported steel operations — capex of $120.54M in Q1 2023.
How has Steel Dynamics's steel operations — capex changed year-over-year?
Steel Dynamics's steel operations — capex decreased by 11.5% year-over-year, from $136.19M to $120.54M.
What does steel operations — capex mean?
The amount of cash spent on purchasing or upgrading physical assets for the steel segment.