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Steel Dynamics STLD US — Revenue

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$36.04B+38.9%
Enterprise value$39.68B+36.5%
P/E26.3×+4.1×
P/S1.9×+0.4×

Profitability

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Gross margin14%+0.6pp
Operating margin9.1%+0.6pp
Net margin7.2%+0.4pp

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 US — revenue?
Steel Dynamics (STLD) reported US — revenue of $4.88B in Q1 2026.
How has Steel Dynamics's US — revenue changed year-over-year?
Steel Dynamics's US — revenue increased by 20.7% year-over-year, from $4.04B to $4.88B.
What is the long-term trend for Steel Dynamics's US — revenue?
Over 4 years (2021 to 2025), Steel Dynamics's US — revenue has grown at a -0.4% compound annual growth rate (CAGR), from $17.29B to $17.02B.