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Steel Dynamics STLD Aluminum Operations — Cost of Goods Sold

Other segment segments

Steel Operations
$3.03B+5.6%
Metals Recycling Operations
$1.05B+3.0%
Corporate And Other
$481.07M+38.8%
Steel Fabrication Operations
$239.41M+13.0%

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$1.13M
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ELAConsumer — Cost of Goods Sold
$72.09M+121%

Other financials

Income statement

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Revenue$5.2B+19.1%
Gross profit$763.2M+56.9%
Operating income$538.0M+95.5%
Net income$403.4M+85.8%
EPS (diluted)$2.78+93.1%

Balance sheet

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Cash & equivalents$556.5M-53.1%
Total debt$4.2B+0.1%
Total equity$9.2B+3.9%
Total assets$16.7B+5.0%

Cash flow

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Operating cash flow$148.3M-2.8%
CapEx$138.0M-54.8%
Free cash flow$10.3M+107%

Valuation

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Market cap$35.4B+86.0%
Enterprise value$39.05B+74.6%
P/E25.8×+7.5×
P/S1.9×+0.8×

Profitability

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Gross margin14%+0.6pp
Operating margin9.1%+0.6pp
Net margin7.2%+0.4pp
FCF margin3.5%+2.9pp

Returns & leverage

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Return on equity15.3%+2.2pp
Debt / equity0.5×0.0×
Current ratio3.1×+0.4×

Where this comes from

Reported directly by Steel Dynamics in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Steel Dynamics’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Steel Dynamics's aluminum operations — cost of goods sold?
Steel Dynamics (STLD) reported aluminum operations — cost of goods sold of $297.73M in Q1 2026.
How has Steel Dynamics's aluminum operations — cost of goods sold changed year-over-year?
Steel Dynamics's aluminum operations — cost of goods sold increased by 225.5% year-over-year, from $91.47M to $297.73M.
What is the long-term trend for Steel Dynamics's aluminum operations — cost of goods sold?
Over 3 years (2022 to 2025), Steel Dynamics's aluminum operations — cost of goods sold has grown at a 23.1% compound annual growth rate (CAGR), from $266.95M to $497.6M.
What does aluminum operations — cost of goods sold mean?
The direct costs attributable to the production of aluminum goods, including raw materials, labor, and manufacturing overhead. This metric is essential for calculating the gross margin of the aluminum segment.