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+77.2% | $473.88M+48.7% | $380.18M+23.2% | $358.94M+20.9% | $347.18M+21.1% | |
| Corporate And Other | $1.48B-0.8% | $1.34B-8.0% | $1.32B-10.5% | $1.41B+7.5% | $1.49B+31.7% | |
| Metals Recycling Operations | $4.4B+5.5% | $4.35B+5.1% | $4.32B+9.3% | $4.22B+6.0% | $4.17B+3.2% | |
| Steel Fabrication Operations | $1.42B-15.0% | $1.42B-19.9% | $1.47B-22.8% | $1.54B-26.1% | $1.67B-30.0% | |
| Steel Operations | $13.92B+14.4% | $13.41B+7.1% | $12.93B+1.1% | $12.3B-5.8% | $12.17B-9.3% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Aluminum Operations | $120.3M+4.4% | $149.25M+61.4% | $169.9M+148% | $141.56M+180% | $115.22M+200% | |
| Corporate And Other | $335.83M+6.8% | $312.08M-10.4% | $319.08M-12.6% | $305.84M-23.3% | $314.33M-24.5% | |
| Metals Recycling Operations | $107.09M+2.4% | $106.82M-6.0% | $94.49M-29.6% | $99.04M-28.3% | $104.62M-25.3% | |
| Steel Fabrication Operations | $107.33M+8.8% | $104.68M+6.2% | $103.85M+7.1% | $101.75M+5.5% | $98.61M+1.3% | |
| Steel Operations | $260.96M+24.4% | $244.86M+17.6% | $215.54M+0.1% | $214.32M+1.8% | $209.82M-0.1% | |
| Cost of Goods Sold by Business | ||||||
| Aluminum Operations | $703.87M+116% | $497.6M+66.7% | $365.05M+30.8% | $337.66M+30.3% | $325.47M+34.0% | |
| Corporate And Other | $1.44B-1.4% | $1.31B-8.1% | $1.29B-9.4% | $1.38B+5.5% | $1.46B+25.1% | |
| Metals Recycling Operations | $4.17B+5.0% | $4.14B+5.0% | $4.12B+2.1% | $4.03B0.0% | $3.97B0.0% | |
| Steel Fabrication Operations | $934.14M-3.5% | $906.56M-9.9% | $904.85M-14.4% | $919.92M-14.6% | $968.5M-10.8% | |
| Steel Operations | $8.99B-16.9% | $8.83B-17.8% | $8.52B-22.2% | $8.09B-26.7% | $10.82B-1.9% | |
| Operating Income by Business | ||||||
| Aluminum Operations | -$208.83M-123% | -$172.97M-139% | -$154.77M-1,065% | -$120.28M-7,805% | -$93.51M-878% | |
| Corporate And Other | -$297.89M-4.2% | -$281.85M+11.2% | -$289.59M+9.1% | -$277.69M+20.4% | -$285.97M+27.7% | |
| Metals Recycling Operations | $118.93M+32.5% | $97.18M+26.5% | $113.62M— | $88.22M— | $89.77M— | |
| Steel Fabrication Operations | $380.19M-37.2% | $407.43M-38.9% | $459.19M-40.7% | $517.76M-44.9% | $605.39M-50.4% | |
| Steel Operations | $1.75B+53.8% | $1.43B-9.8% | $1.28B-27.9% | $1.08B-44.5% | $1.14B-48.4% | |
| Total Assets by Business | ||||||
| Aluminum Operations | $15.1B+47.5% | $14.07B+61.0% | $12.96B+75.7% | $11.66B— | $10.24B— | |
| Corporate And Other | $17.72B+23.3% | $17.1B+28.2% | $15.83B+19.4% | $15.2B+13.9% | $14.38B+5.1% | |
| Metals Recycling Operations | $5.95B+0.2% | $5.89B-1.2% | $5.72B-4.6% | $5.81B-1.8% | $5.94B+3.4% | |
| Steel Fabrication Operations | $2.64B-5.7% | $2.59B-12.1% | $2.59B-15.7% | $2.63B-20.9% | $2.8B-23.9% | |
| Steel Operations | $36.4B+3.3% | $35.88B+1.8% | $35.42B+0.8% | $35.35B+0.8% | $35.25B+0.7% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Aluminum Operations | $461.12M-64.0% | $593.45M-54.7% | $804.07M-39.1% | $1.22B+2.5% | $1.28B+13.1% | |
| Corporate And Other | $31M-45.5% | $29.34M-46.8% | $45.81M+11.7% | $48.95M+41.4% | $56.83M+123% | |
| Metals Recycling Operations | $105.96M+33.3% | $111.96M+34.9% | $105.65M-11.5% | $92.02M-50.5% | $79.48M-59.6% | |
| Steel Fabrication Operations | $11.39M-61.0% | $15.1M-48.6% | $23.44M+0.4% | $24.76M+5.1% | $29.18M+27.0% | |
| Steel Operations | $273.99M-40.1% | $317.55M-31.2% | $357.18M-23.7% | $402.11M-12.4% | $457.7M+6.6% | |
| D&A by Business | ||||||
| Aluminum Operations | $35.9M+337% | $19.44M+187% | $10.66M+9.3% | $9.31M+18.3% | $8.21M— | |
| Corporate And Other | $54.57M-10.6% | $54.55M+2.3% | $73.92M+174% | $67.7M+161% | $61.02M+133% | |
| Metals Recycling Operations | $66.17M+22.9% | $64.26M+14.4% | $50.02M-25.3% | $51.53M-22.1% | $53.86M-21.6% | |
| Steel Fabrication Operations | $13.85M+22.0% | $13.15M+18.8% | $12.4M+14.1% | $11.82M+12.6% | $11.35M+11.9% | |
| Steel Operations | $407.53M+12.3% | $400.39M+13.9% | $383.66M+9.5% | $372.86M+9.3% | $362.98M+8.6% | |
| Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions by Business | ||||||
| Steel Operations | 131.3%— | 75%— | —— | —— | —— | |
| Goodwill by Business | ||||||
| Aluminum Operations | $56M— | $56M— | $56M— | —— | —— | |
| Metals Recycling Operations | $757.65M-3.6% | $757.65M-5.3% | $757.65M-6.9% | $771.65M-5.2% | $785.65M-3.4% | |
| 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-16.4% | $1.15B-21.2% | $1.23B-19.3% | $1.26B-23.2% | $1.38B-23.6% | |
| US | $17.86B+12.8% | $17.02B+5.9% | $16.41B+0.2% | $15.89B-3.7% | $15.84B-5.7% |
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.
