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Steel Dynamics STLD Non-Controlling Interests

Non-Controlling Interests at other companies

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$134.3M+8.5%
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$8M-57.9%
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Suncoke EnergySXC
$28.3M-5.4%

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%
Net income$534.1M+78.8%
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$37.62B+107%
Enterprise value$41.23B+91.8%
P/E23.4×+5.9×
P/S1.8×+0.8×

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:MinorityInterest.

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
AssetsJune 30, 2026 / (unaudited)December 31, 2025
as of June 30, 2026 and December 31, 2025, respectively(8,287,758)(7,980,549)
Additional paid-in capital1,229,7341,248,634
Retained earnings16,473,69115,689,042
Accumulated other comprehensive income (loss)3,212(598)
Total Steel Dynamics, Inc. equity9,419,5328,957,182
Noncontrolling interests(199,720)(167,997)
Total equity9,219,8128,789,185
Total liabilities and equity$17,113,399$16,419,780

Cover / Front Matter

FAQ

What is Steel Dynamics's non-controlling interests?
Steel Dynamics (STLD) reported non-controlling interests of -$199.72M in Q2 2026.
How has Steel Dynamics's non-controlling interests changed year-over-year?
Steel Dynamics's non-controlling interests decreased by 23.9% year-over-year, from -$161.23M to -$199.72M.
What is the long-term trend for Steel Dynamics's non-controlling interests?
Over 5 years (2020 to 2025), Steel Dynamics's non-controlling interests has grown at a 1.6% compound annual growth rate (CAGR), from -$155.55M to -$168M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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