Business Segments · Goodwill

Metals Recycling Operations — Goodwill

Steel Dynamics Metals Recycling Operations — Goodwill remained flat by 0.0% to $189.41M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $189.41M to $189.41M. Over 4 years (FY 2021 to FY 2025), Metals Recycling Operations — Goodwill shows relatively stable performance with a 1.1% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2025
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease indicates potential impairment charges or write-downs.

Detailed definition

Represents the intangible asset value recorded when the metals recycling business segment was acquired for a price excee...

Peer comparison

Common in consolidated industrial firms that grow through M&A; peers often report this as segment-level goodwill.

Metric ID: stld_segment_metals_recycling_operations_goodwill

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$181.47M$180.63M$179.78M$179.03M$178.28M$177.54M$228.01M$228.01M$203.41M$203.41M$203.41M$203.41M$203.41M$203.41M$189.41M$189.41M$189.41M$189.41M$189.41M$189.41M
QoQ Change-0.5%-0.5%-0.4%-0.4%-0.4%+28.4%+0.0%-10.8%+0.0%+0.0%+0.0%+0.0%+0.0%-6.9%+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change-1.8%-1.7%+26.8%+27.4%+14.1%+14.6%-10.8%-10.8%+0.0%+0.0%-6.9%-6.9%-6.9%-6.9%+0.0%+0.0%
Range$177.54M$228.01M
CAGR+0.9%
Avg YoY Growth+1.9%
Median YoY Growth-0.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Steel Dynamics's metals recycling operations — goodwill?
Steel Dynamics (STLD) reported metals recycling operations — goodwill of $189.41M in Q1 2026.
How has Steel Dynamics's metals recycling operations — goodwill changed year-over-year?
Steel Dynamics's metals recycling operations — goodwill decreased by 0.0% year-over-year, from $189.41M to $189.41M.
What is the long-term trend for Steel Dynamics's metals recycling operations — goodwill?
Over 4 years (2021 to 2025), Steel Dynamics's metals recycling operations — goodwill has grown at a 1.1% compound annual growth rate (CAGR), from $724.19M to $757.65M.
What does metals recycling operations — goodwill mean?
The premium paid over the fair value of net assets during the acquisition of the metals recycling business.