What is Steel Dynamics's accrued expenses?

Steel Dynamics (STLD) reported accrued expenses of $225.70M in Q1 2026.

How has Steel Dynamics's accrued expenses changed year-over-year?

Steel Dynamics's accrued expenses increased by 30.2% year-over-year, from $173.32M to $225.70M.

What is the long-term trend for Steel Dynamics's accrued expenses?

Over 5 years (2020 to 2025), Steel Dynamics's accrued expenses has grown at a 12.4% compound annual growth rate (CAGR), from $201.78M to $361.49M.

What does accrued expenses mean?

Expenses the company has incurred but has not yet received a bill for or paid.

Discontinued — last reported Q3 '19

Current Liabilities

Accrued Expenses

Steel Dynamics Accrued Expenses decreased by 37.6% to $225.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.2%, from $173.32M to $225.70M. Over 5 years (FY 2020 to FY 2025), Accrued Expenses shows an upward trend with a 12.4% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2014

Last reportedQ3 2019

How to read this metric

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

Detailed definition

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Peer comparison

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

Historical 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	$276.23M	$406.54M	$539.81M	$275.62M	$428.76M	$545.31M	$610.56M	$209.52M	$321.30M	$405.56M	$469.14M	$209.78M	$277.31M	$334.86M	$373.22M	$173.32M	$233.40M	$302.25M	$361.49M	$225.70M
QoQ Change	—	+47.2%	+32.8%	-48.9%	+55.6%	+27.2%	+12.0%	-65.7%	+53.4%	+26.2%	+15.7%	-55.3%	+32.2%	+20.8%	+11.5%	-53.6%	+34.7%	+29.5%	+19.6%	-37.6%
YoY Change	—	—	—	—	+55.2%	+34.1%	+13.1%	-24.0%	-25.1%	-25.6%	-23.2%	+0.1%	-13.7%	-17.4%	-20.4%	-17.4%	-15.8%	-9.7%	-3.1%	+30.2%

Range$173.32M – $610.56M

CAGR-4.2%

Avg YoY Growth-3.9%

Median YoY Growth-14.8%

Frequently Asked Questions

What is Steel Dynamics's accrued expenses?: Steel Dynamics (STLD) reported accrued expenses of $225.70M in Q1 2026.
How has Steel Dynamics's accrued expenses changed year-over-year?: Steel Dynamics's accrued expenses increased by 30.2% year-over-year, from $173.32M to $225.70M.
What is the long-term trend for Steel Dynamics's accrued expenses?: Over 5 years (2020 to 2025), Steel Dynamics's accrued expenses has grown at a 12.4% compound annual growth rate (CAGR), from $201.78M to $361.49M.
What does accrued expenses mean?: Expenses the company has incurred but has not yet received a bill for or paid.