Steel Dynamics STLD Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Aluminum Operations | $615.33M+29.8% | $473.88M+24.6% | $380.18M+5.9% | $358.94M+3.4% | $347.18M+8.9% | |
| Corporate And Other | $1.48B+10.6% | $1.34B+1.3% | $1.32B-6.5% | $1.41B-5.4% | $1.49B+2.6% | |
| Metals Recycling Operations | $4.4B+1.2% | $4.35B+0.5% | $4.32B+2.5% | $4.22B+1.3% | $4.17B+0.7% | |
| Steel Fabrication Operations | $1.42B+0.2% | $1.42B-3.4% | $1.47B-4.6% | $1.54B-8.0% | $1.67B-5.6% | |
| Steel Operations | $13.92B+3.7% | $13.41B+3.7% | $12.93B+5.1% | $12.3B+1.1% | $12.17B-2.9% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Aluminum Operations | $120.3M-19.4% | $149.25M-12.2% | $169.9M+20.0% | $141.56M+22.9% | $115.22M+24.6% | |
| Corporate And Other | $335.83M+7.6% | $312.08M-2.2% | $319.08M+4.3% | $305.84M-2.7% | $314.33M-9.7% | |
| Metals Recycling Operations | $107.09M+0.3% | $106.82M+13.0% | $94.49M-4.6% | $99.04M-5.3% | $104.62M-7.9% | |
| Steel Fabrication Operations | $107.33M+2.5% | $104.68M+0.8% | $103.85M+2.1% | $101.75M+3.2% | $98.61M0.0% | |
| Steel Operations | $260.96M+6.6% | $244.86M+13.6% | $215.54M+0.6% | $214.32M+2.1% | $209.82M+0.8% | |
| Cost of Goods Sold by Business | ||||||
| Aluminum Operations | $703.87M+41.5% | $497.6M+36.3% | $365.05M+8.1% | $337.66M+3.7% | $325.47M+9.0% | |
| Corporate And Other | $1.44B+10.3% | $1.31B+1.3% | $1.29B-6.7% | $1.38B-5.4% | $1.46B+2.8% | |
| Metals Recycling Operations | $4.17B+0.7% | $4.14B+0.6% | $4.12B+2.1% | $4.03B+1.5% | $3.97B+0.7% | |
| Steel Fabrication Operations | $934.14M+3.0% | $906.56M+0.2% | $904.85M-1.6% | $919.92M-5.0% | $968.5M-3.7% | |
| Steel Operations | $8.99B+1.8% | $8.83B+3.6% | $8.52B+5.3% | $8.09B-25.2% | $10.82B+0.7% | |
| Operating Income by Business | ||||||
| Aluminum Operations | -$208.83M-20.7% | -$172.97M-11.8% | -$154.77M-28.7% | -$120.28M-28.6% | -$93.51M-29.3% | |
| Corporate And Other | -$297.89M-5.7% | -$281.85M+2.7% | -$289.59M-4.3% | -$277.69M+2.9% | -$285.97M+9.9% | |
| Metals Recycling Operations | $118.93M+22.4% | $97.18M-14.5% | $113.62M+28.8% | $88.22M-1.7% | $89.77M+16.9% | |
| Steel Fabrication Operations | $380.19M-6.7% | $407.43M-11.3% | $459.19M-11.3% | $517.76M-14.5% | $605.39M-9.2% | |
| Steel Operations | $1.75B+22.9% | $1.43B+11.7% | $1.28B+18.1% | $1.08B-5.0% | $1.14B-27.9% | |
| Total Assets by Business | ||||||
| Aluminum Operations | $15.1B+7.4% | $14.07B+8.5% | $12.96B+11.2% | $11.66B+13.9% | $10.24B+17.2% | |
| Corporate And Other | $17.72B+3.6% | $17.1B+8.0% | $15.83B+4.2% | $15.2B+5.7% | $14.38B+7.8% | |
| Metals Recycling Operations | $5.95B+1.0% | $5.89B+2.8% | $5.72B-1.5% | $5.81B-2.1% | $5.94B-0.4% | |
| Steel Fabrication Operations | $2.64B+1.9% | $2.59B0.0% | $2.59B-1.5% | $2.63B-6.1% | $2.8B-4.9% | |
| Steel Operations | $36.4B+1.5% | $35.88B+1.3% | $35.42B+0.2% | $35.35B+0.3% | $35.25B0.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Aluminum Operations | $461.12M-22.3% | $593.45M-26.2% | $804.07M-33.9% | $1.22B-5.0% | $1.28B-2.3% | |
| Corporate And Other | $31M+5.6% | $29.34M-35.9% | $45.81M-6.4% | $48.95M-13.9% | $56.83M+3.0% | |
| Metals Recycling Operations | $105.96M-5.4% | $111.96M+6.0% | $105.65M+14.8% | $92.02M+15.8% | $79.48M-4.3% | |
| Steel Fabrication Operations | $11.39M-24.5% | $15.1M-35.6% | $23.44M-5.3% | $24.76M-15.2% | $29.18M-0.7% | |
| Steel Operations | $273.99M-13.7% | $317.55M-11.1% | $357.18M-11.2% | $402.11M-12.1% | $457.7M-0.8% | |
| D&A by Business | ||||||
| Aluminum Operations | $35.9M+84.7% | $19.44M+82.4% | $10.66M+14.5% | $9.31M+13.5% | $8.21M+20.9% | |
| Corporate And Other | $54.57M0.0% | $54.55M-26.2% | $73.92M+9.2% | $67.7M+10.9% | $61.02M+14.4% | |
| Metals Recycling Operations | $66.17M+3.0% | $64.26M+28.5% | $50.02M-2.9% | $51.53M-4.3% | $53.86M-4.1% | |
| Steel Fabrication Operations | $13.85M+5.3% | $13.15M+6.0% | $12.4M+5.0% | $11.82M+4.2% | $11.35M+2.5% | |
| Steel Operations | $407.53M+1.8% | $400.39M+4.4% | $383.66M+2.9% | $372.86M+2.7% | $362.98M+3.2% | |
| Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions by Business | ||||||
| Steel Operations | 131.3%+56.3pp | 75%— | —— | —— | —— | |
| Goodwill by Business | ||||||
| Aluminum Operations | $56M0.0% | $56M0.0% | $56M— | —— | —— | |
| Metals Recycling Operations | $757.65M0.0% | $757.65M0.0% | $757.65M-1.8% | $771.65M-1.8% | $785.65M-1.8% | |
| Steel Fabrication Operations | $7.7M0.0% | $7.7M0.0% | $7.7M0.0% | $7.7M0.0% | $7.7M0.0% | |
| Steel Operations | $1.09B0.0% | $1.09B0.0% | $1.09B0.0% | $1.09B0.0% | $1.09B0.0% | |
| Revenue by Geography | ||||||
| Non Us | $1.15B-0.2% | $1.15B-6.0% | $1.23B-2.5% | $1.26B-8.5% | $1.38B-6.0% | |
| US | $17.86B+4.9% | $17.02B+3.8% | $16.41B+3.3% | $15.89B+0.3% | $15.84B-1.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Steel Dynamics break its business down?
- Steel Dynamics (STLD) reports revenue by business across 5 parts — Aluminum Operations, Corporate And Other, Metals Recycling Operations, Steel Fabrication Operations and Steel Operations. Each is extracted from the segment footnotes and tracked over time.
- Where does Steel Dynamics's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Steel Dynamics's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
