What is Steel Dynamics's interest expense?

Steel Dynamics (STLD) reported interest expense of $33.24M in Q1 2026.

How has Steel Dynamics's interest expense changed year-over-year?

Steel Dynamics's interest expense increased by 174.0% year-over-year, from $12.13M to $33.24M.

What is the long-term trend for Steel Dynamics's interest expense?

Over 4 years (2021 to 2025), Steel Dynamics's interest expense has grown at a 5.2% compound annual growth rate (CAGR), from $57.21M to $70.04M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Steel Dynamics STLD Interest Expense

Interest Expense at other companies

Commercial MetalsCMC

$40.93M+267%

Cleveland-CliffsCLF

-$148M-5.7%

RelianceRS

$15.4M+33.9%

Worthington SteelWS

$20.7M+1,970%

ConstelliumCSTM

$29M0.0%

Suncoke EnergySXC

-$8.7M-67.3%

Other financials

Income statement

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Revenue$5.2B+19.1%

Gross profit$763.2M+56.9%

Operating income$538.0M+95.5%

Net income$403.4M+85.8%

EPS (diluted)$2.78+93.1%

Balance sheet

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Cash & equivalents$556.5M-53.1%

Total debt$4.2B+0.1%

Total equity$9.2B+3.9%

Total assets$16.7B+5.0%

Cash flow

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Operating cash flow$148.3M-2.8%

CapEx$138.0M-54.8%

Free cash flow$10.3M+107%

Valuation

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Market cap$33.77B+67.2%

Enterprise value$37.41B+59.1%

P/E24.6×+5.2×

P/S1.8×+0.6×

Profitability

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Gross margin14%+0.6pp

Operating margin9.1%+0.6pp

Net margin7.2%+0.4pp

FCF margin3.5%+2.9pp

Returns & leverage

See full

Return on equity15.3%+2.2pp

Debt / equity0.5×0.0×

Current ratio3.1×+0.4×

Where this comes from

Reported directly by Steel Dynamics in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: Steel Dynamics’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Steel Dynamics's interest expense?: Steel Dynamics (STLD) reported interest expense of $33.24M in Q1 2026.
How has Steel Dynamics's interest expense changed year-over-year?: Steel Dynamics's interest expense increased by 174.0% year-over-year, from $12.13M to $33.24M.
What is the long-term trend for Steel Dynamics's interest expense?: Over 4 years (2021 to 2025), Steel Dynamics's interest expense has grown at a 5.2% compound annual growth rate (CAGR), from $57.21M to $70.04M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.