Steel Dynamics Stock-Based Comp decreased by 26.2% to $17.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $17.04M to $17.45M. Over 4 years (FY 2021 to FY 2025), Stock-Based Comp shows an upward trend with a 4.6% CAGR.
An increase may signal a strategy to preserve cash or align employee interests with shareholders, but it also results in share dilution.
Stock-based compensation is a non-cash expense where employees and executives are rewarded with equity or stock options...
High-growth technology firms often have higher stock-based compensation as a percentage of revenue compared to mature industrial firms.
stock_based_compensation| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $9.81M | $9.92M | $20.95M | $16.52M | $11.07M | $12.09M | $19.56M | $16.08M | $11.68M | $12.04M | $21.94M | $15.61M | $13.01M | $12.83M | $25.14M | $17.04M | $14.06M | $14.24M | $23.64M | $17.45M |
| QoQ Change | — | +1.1% | +111.3% | -21.2% | -33.0% | +9.3% | +61.7% | -17.8% | -27.4% | +3.1% | +82.2% | -28.9% | -16.6% | -1.4% | +95.9% | -32.2% | -17.5% | +1.2% | +66.0% | -26.2% |
| YoY Change | — | — | — | — | +12.9% | +21.9% | -6.6% | -2.7% | +5.5% | -0.4% | +12.2% | -2.9% | +11.4% | +6.5% | +14.5% | +9.1% | +8.1% | +11.0% | -5.9% | +2.4% |
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Corporate And Other | $28.00M | $13.60M | $11.20M | $11.50M | $22.00M | $14.50M | $12.60M | $12.90M |
| Total | $19.56M | $16.08M | $11.68M | $12.04M | $21.94M | $15.61M | $13.01M | $12.83M |
Corporate And Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.