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Net Income at other companies

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$322.9M+37.9%
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MetallusMTUS
$5.4M+315%
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Worthington SteelWS
$83.8M+50.4%
Commercial Metals logo
Commercial MetalsCMC

Other financials

Income statement

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Revenue$6.1B+33.4%
Gross profit$959.0M+55.1%
Operating income$700.5M+83.0%
EPS (diluted)$3.69+83.6%

Balance sheet

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Cash & equivalents$567.7M+23.9%
Total debt$4.2B+10.6%
Total equity$9.4B+6.3%
Total assets$17.1B+10.1%

Cash flow

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Operating cash flow$427.9M+41.9%
CapEx$123.8M-57.0%
Free cash flow$304.1M+2,190%

Valuation

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Market cap$33.81B+73.1%
Enterprise value$37.43B+63.7%
P/E21×+2.3×
P/S1.7×+0.5×

Profitability

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Gross margin14.7%+2.1pp
Operating margin10%+2.5pp
Net margin7.8%+1.8pp
FCF margin4.7%+4.2pp

Returns & leverage

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Return on equity17.6%+6.0pp
Debt / equity0.4×0.0×
Current ratio3.2×+0.1×

Where this comes from

Reported directly by Steel Dynamics in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Steel Dynamics’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 11:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-087414
Line itemThree-Month Periods Ended / June 30, 2026Three-Month Periods Ended / June 30, 2025Six-Month Periods Ended / June 30, 2026Six-Month Periods Ended / June 30, 2025
Income tax expense152,67986,675265,787149,650
Net income530,785301,191930,890518,870
Net loss (income) attributable to noncontrolling interests3,302(2,465)6,633(2,993)
Net income attributable to Steel Dynamics, Inc.$534,087$298,726$937,523$515,877
Basic earnings per share attributable to Steel
Dynamics, Inc. stockholders$3.71$2.01$6.49$3.45
Weighted average common shares outstanding143,997148,387144,397149,325
Diluted earnings per share attributable to Steel

Cover / Front Matter

FAQ

What is Steel Dynamics's net income?
Steel Dynamics (STLD) reported net income of $534.09M in Q2 2026.
How has Steel Dynamics's net income changed year-over-year?
Steel Dynamics's net income increased by 78.8% year-over-year, from $298.73M to $534.09M.
What is the long-term trend for Steel Dynamics's net income?
Over 4 years (2021 to 2025), Steel Dynamics's net income has grown at a -22.3% compound annual growth rate (CAGR), from $3.25B to $1.19B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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