Discontinued — last reported Q3 '25

Equity

Redeemable NCI

Steel Dynamics Redeemable NCI remained flat by 0.0% to $141.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 17.5%, from $171.21M to $141.23M. Over 5 years (FY 2020 to FY 2025), Redeemable NCI shows a downward trend with a -2.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2025

How to read this metric

An increase indicates a potential future cash outflow obligation, which could impact liquidity.

Detailed definition

This represents equity interests in subsidiaries held by third parties that have redemption features, allowing the holde...

Peer comparison

Common in companies with complex joint ventures or partially owned subsidiaries.

Metric ID: redeemable_noncontrolling_interests

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$176.41M$186.81M$211.41M$227.91M$168.30M$172.40M$181.50M$186.21M$171.21M$171.21M$171.21M$171.21M$171.21M$171.21M$171.21M$171.21M$141.23M$141.23M$141.23M$141.23M
QoQ Change+5.9%+13.2%+7.8%-26.2%+2.4%+5.3%+2.6%-8.1%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%-17.5%+0.0%+0.0%+0.0%
YoY Change-4.6%-7.7%-14.1%-18.3%+1.7%-0.7%-5.7%-8.1%+0.0%+0.0%+0.0%+0.0%-17.5%-17.5%-17.5%-17.5%
Range$141.23M$227.91M
CAGR-4.6%
Avg YoY Growth-8.0%
Median YoY Growth-6.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Steel Dynamics's redeemable nci?
Steel Dynamics (STLD) reported redeemable nci of $141.23M in Q1 2026.
How has Steel Dynamics's redeemable nci changed year-over-year?
Steel Dynamics's redeemable nci decreased by 17.5% year-over-year, from $171.21M to $141.23M.
What is the long-term trend for Steel Dynamics's redeemable nci?
Over 5 years (2020 to 2025), Steel Dynamics's redeemable nci has grown at a -2.3% compound annual growth rate (CAGR), from $158.61M to $141.23M.
What does redeemable nci mean?
Equity held by others in a subsidiary that the company may be required to repurchase.