Steel Fabrication Operations — Cost of Goods Sold
Steel Dynamics Steel Fabrication Operations — Cost of Goods Sold increased by 4.2% to $239.41M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $211.83M to $239.41M. Over 3 years (FY 2022 to FY 2025), Steel Fabrication Operations — Cost of Goods Sold shows a downward trend with a -19.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower costs relative to revenue indicate improved operational efficiency and better margin management.
Detailed definition
The direct costs associated with producing and delivering steel fabrication products, including raw materials, labor, an...
Peer comparison
Standard COGS metric; peers in the steel industry typically report this to calculate gross margins.
stld_segment_steel_fabrication_operations_cost_of_goods_and_services_soldHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $434.34M | $434.34M | $434.34M | $434.34M | $278.88M | $278.88M | $278.88M | $278.88M | $249.54M | $269.48M | $259.11M | $228.08M | $211.83M | $220.90M | $244.04M | $229.79M | $239.41M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -35.8% | +0.0% | +0.0% | +0.0% | -10.5% | +8.0% | -3.8% | -12.0% | -7.1% | +4.3% | +10.5% | -5.8% | +4.2% |
| YoY Change | — | — | — | — | -35.8% | -35.8% | -35.8% | -35.8% | -10.5% | -3.4% | -7.1% | -18.2% | -15.1% | -18.0% | -5.8% | +0.7% | +13.0% |
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Frequently Asked Questions
- What is Steel Dynamics's steel fabrication operations — cost of goods sold?
- Steel Dynamics (STLD) reported steel fabrication operations — cost of goods sold of $239.41M in Q1 2026.
- How has Steel Dynamics's steel fabrication operations — cost of goods sold changed year-over-year?
- Steel Dynamics's steel fabrication operations — cost of goods sold increased by 13.0% year-over-year, from $211.83M to $239.41M.
- What is the long-term trend for Steel Dynamics's steel fabrication operations — cost of goods sold?
- Over 3 years (2022 to 2025), Steel Dynamics's steel fabrication operations — cost of goods sold has grown at a -19.5% compound annual growth rate (CAGR), from $1.74B to $906.56M.
- What does steel fabrication operations — cost of goods sold mean?
- The direct expenses incurred to manufacture and sell steel fabrication products.