STEEL DYNAMICS INC
STLDIndustrials & materialssteeldynamics.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Oct 23, 2026
Next reportJanuary 25, 2027after close · forecast 6.021 $/share
Revenue
$6.51B
▲ +34.8% vs prior year YoY
Net income
$756.00M
▲ +87.3% vs prior year YoY
EPS
5.26$
▲ +92.0% vs prior year YoY
Net margin
11.6%
▲ +3.3 pp vs prior year YoY
Revenue▲ +34.8%
Margins (% of revenue)GrossOperatingNet
Net income▲ +87.3%
EPS▲ +92.0%
Financial statements
View 10-Q filed October 23, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $3.87B | $4.37B | $4.57B | $4.83B | $4.41B | $5.20B | $6.09B | $6.51B | ▲ +34.8% |
| Gross profit | $441.73M | $486.54M | $618.47M | $757.88M | $529.29M | $763.22M | $958.97M | $1.28B | ▲ +69.2% |
| Operating income | $237.50M | $275.14M | $382.86M | $507.76M | $310.23M | $538.00M | $700.48M | $1.01B | ▲ +98.2% |
| Net income | $207.29M | $217.15M | $298.73M | $403.69M | $266.03M | $403.44M | $534.09M | $756.00M | ▲ +87.3% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | 1.44 $ | 2.01 $ | 2.74 $ | — | 2.78 $ | 3.69 $ | 5.26 $ | ▲ +92.0% |
| Margins (% of revenue) | |||||||||
| Gross | 11.4 % | 11.1 % | 13.5 % | 15.7 % | 12.0 % | 14.7 % | 15.7 % | 19.7 % | ▲ +4.0 pt |
| Operating | 6.1 % | 6.3 % | 8.4 % | 10.5 % | 7.0 % | 10.3 % | 11.5 % | 15.5 % | ▲ +4.9 pt |
| Net | 5.4 % | 5.0 % | 6.5 % | 8.4 % | 6.0 % | 7.8 % | 8.8 % | 11.6 % | ▲ +3.3 pt |
| Balance sheet | |||||||||
| Assets | $14.94B | $15.93B | $15.55B | $15.97B | $16.42B | $16.72B | $17.11B | $17.84B | ▲ +11.7% |
| Liabilities | $5.99B | $7.10B | $6.70B | $6.99B | $7.49B | $7.59B | $7.75B | $8.06B | ▲ +15.2% |
| Equity | $8.77B | $8.66B | $8.70B | $8.83B | $8.79B | $8.99B | $9.22B | $9.64B | ▲ +9.1% |
| Cash | $589.46M | $1.19B | $458.05M | $770.36M | $769.88M | $556.53M | $567.71M | $928.56M | ▲ +20.5% |
| Capital | |||||||||
| Shares outstanding | 150.16M | 148.45M | 147.20M | 146.03M | 144.88M | 144.21M | 143.33M | 142.22M | ▼ -2.6% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.