STEEL DYNAMICS INC (STLD) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	22.2B	18.2B	17.5B	18.8B	22.3B
Cost of Revenue	18.7B	15.8B	14.7B	14.7B	16.1B
Gross Profit	3.5B	2.4B	2.8B	4.0B	6.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	848.7M	888.3M	664.1M	588.6M	545.6M
General & Admin Expense	—	—	—	—	545.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	195.4M	306.1M	480.4M
Total Operating Expenses	848.7M	888.3M	859.5M	894.7M	1.0B
Cost and Expenses	19.5B	16.7B	15.6B	15.6B	17.2B
Operating Income (EBIT)	2.7B	1.5B	1.9B	3.2B	5.1B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	138.7M	70.0M	56.3M	76.5M	91.5M
Net Interest Income	(138.7M)	(70.0M)	(56.3M)	(76.5M)	(91.5M)
Other Non-Op Income/Expense	(30.8M)	17.0M	39.8M	67.8M	(70.8M)
Non-Operating Income (excl Interest)	(174.4M)	(87.0M)	(96.2M)	(144.2M)	(20.8M)
EBT (Pre-Tax Income)	2.6B	1.5B	2.0B	3.2B	5.0B
Income Tax Expense	685.0M	305.7M	432.9M	751.6M	1.1B
Bottom Line
Net Income	2.0B	1.2B	1.5B	2.5B	3.9B
Earnings from Cont. Ops	2.0B	1.2B	1.5B	2.5B	3.9B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.0B	1.2B	1.5B	2.5B	3.9B
Per Share
Basic EPS	$13.61	$8.02	$9.89	$14.72	$21.06
Diluted EPS	$13.55	$7.99	$9.84	$14.64	$20.92
Revenue Per Share	$155.39	$122.98	$112.86	$112.85	$121.38
Shares
Basic Shares Outstanding	143.0M	147.8M	155.4M	166.6M	183.4M
Diluted Shares Outstanding	143.6M	148.4M	156.1M	167.4M	184.6M
Profitability Metrics
EBITDA	3.5B	2.1B	2.5B	3.7B	5.5B
D&A	654.3M	551.4M	478.9M	437.8M	384.2M
EBIT	2.8B	1.6B	2.0B	3.3B	5.1B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026