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Steel Dynamics STLD Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Aluminum Operations$473.88M+48.7%$318.69M+11.5%$285.91M-2.1%$292.09M
Corporate And Other$1.34B-8.0%$1.45B+23.9%$1.17B-9.0%$1.29B+1.7%
Metals Recycling Operations$4.35B+5.1%$4.14B-0.5%$4.16B-1.0%$4.2B-8.5%
Steel Fabrication Operations$1.42B-19.9%$1.77B-36.9%$2.81B-34.1%$4.26B+141%
Steel Operations$13.41B+7.1%$12.53B-4.1%$13.07B-13.5%$15.1B+7.7%
Segment Reporting Other Item Amount by Business
Aluminum Operations$149.25M+61.4%$92.45M+198%$31M+199%$10.37M
Corporate And Other$312.08M-10.4%$348.15M-16.9%$419.04M-28.5%$586.3M
Metals Recycling Operations$106.82M-6.0%$113.65M-18.3%$139.11M+21.4%$114.62M
Steel Fabrication Operations$104.68M+6.2%$98.6M+0.6%$98M+3.0%$95.19M
Steel Operations$244.86M+17.6%$208.14M-0.3%$208.77M-5.5%$220.93M
Cost of Goods Sold by Business
Aluminum Operations$497.6M+66.7%$298.57M+25.6%$237.76M-10.9%$266.95M
Corporate And Other$1.31B-8.1%$1.42B+23.8%$1.15B-11.4%$1.3B
Metals Recycling Operations$4.14B+5.0%$3.95B-0.6%$3.97B-0.4%$3.99B
Steel Fabrication Operations$906.56M-9.9%$1.01B-9.8%$1.12B-35.8%$1.74B
Steel Operations$8.83B-17.8%$10.74B-2.2%$10.98B-6.9%$11.79B
Operating Income by Business
Aluminum Operations-$172.97M-139%-$72.33M-522%$17.15M+16.1%$14.77M
Corporate And Other-$281.85M+11.2%-$317.41M+19.6%-$394.62M+33.6%-$594.08M-8.1%
Metals Recycling Operations$97.18M+26.5%$76.81M$106.14M-41.7%
Steel Fabrication Operations$407.43M-38.9%$666.98M-58.1%$1.59B-34.3%$2.42B+564%
Steel Operations$1.43B-9.8%$1.58B-15.9%$1.88B-39.2%$3.09B-29.0%
Total Assets by Business
Aluminum Operations$14.07B+61.0%$8.74B
Corporate And Other$17.1B+28.2%$13.33B-2.8%$13.71B+59.9%$8.58B+52.3%
Metals Recycling Operations$5.89B-1.2%$5.96B+5.4%$5.65B+7.5%$5.26B+2.2%
Steel Fabrication Operations$2.59B-12.1%$2.94B-28.0%$4.09B-28.6%$5.73B+89.0%
Steel Operations$35.88B+1.8%$35.26B+1.5%$34.73B-2.9%$35.77B+13.3%
Segment Expenditure Addition To Long Lived Assets by Business
Aluminum Operations$593.45M-54.7%$1.31B+35.3%$967.74M+410%$189.81M
Corporate And Other$29.34M-46.8%$55.18M+95.2%$28.26M
Metals Recycling Operations$111.96M+34.9%$83.02M-55.3%$185.9M+191%$63.97M+38.0%
Steel Fabrication Operations$15.1M-48.6%$29.37M+33.3%$22.04M+25.8%$17.52M+35.4%
Steel Operations$317.55M-31.2%$461.52M+1.7%$453.96M-26.0%$613.68M-34.8%
D&A by Business
Aluminum Operations$19.44M+187%$6.79M$5.13M
Corporate And Other$54.55M+2.3%$53.34M+105%$26.07M+4.2%$25.03M+32.1%
Metals Recycling Operations$64.26M+14.4%$56.15M-14.7%$65.8M+34.7%$48.85M-12.2%
Steel Fabrication Operations$13.15M+18.8%$11.07M+13.1%$9.79M+0.6%$9.73M-2.3%
Steel Operations$400.39M+13.9%$351.56M+6.1%$331.23M+12.1%$295.47M+12.3%
Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions by Business
Steel Operations75%
Goodwill by Business
Aluminum Operations$56M
Metals Recycling Operations$757.65M-5.3%$799.65M-4.6%$838.25M+9.9%$762.86M+5.3%
Steel Fabrication Operations$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%
Revenue by Geography
Non Us$1.15B-21.2%$1.46B-19.9%$1.83B+29.7%$1.41B+26.0%
US$17.02B+5.9%$16.08B-5.3%$16.97B-18.6%$20.85B+20.6%

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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.