FN2 Earnings Intelligence
Steel Dynamics, Inc. cash flow
Steel Dynamics, Inc. (STLD) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $1,243.9 | $1,628.4 | $1,400.9 | $589.5 | $769.9 | - | - |
| + Debt | - | - | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $18,408.8 | $22,260.8 | $18,795.3 | $17,540.4 | $18,176.6 | $23,518.4 | $23,565.9 |
| % Growth | 91.7% | 20.9% | -15.6% | -6.7% | 3.6% | 29.4% | 0.2% |
| Gross Profit | $5,362.4 | $6,117.8 | $4,045.9 | $2,802.6 | $2,392.2 | - | - |
| % Margin | 29.1% | 27.5% | 21.5% | 16.0% | 13.2% | - | - |
| EBITDA | $4,648.8 | $5,476 | $3,589 | $2,421.9 | $2,027.4 | - | - |
| % Margin | 25.3% | 24.6% | 19.1% | 13.8% | 11.2% | - | - |
| Net Income | $3,246.8 | $3,879.5 | $2,450.9 | $1,537.1 | $1,185.6 | - | - |
| % Margin | 17.6% | 17.4% | 13.0% | 8.8% | 6.5% | - | - |
| Diluted EPS | $15.56 | $20.92 | $14.64 | $9.84 | $7.99 | $16.63 | $19.34 |
| % Growth | 500.8% | 34.4% | -30.0% | -32.8% | -18.8% | 108.1% | 16.3% |
| Operating Cash Flow | $2,204.1 | $4,460.4 | $3,519.9 | $1,844.5 | $1,449.5 | - | - |
| CapEx | $1,006.2 | $908.9 | $1,657.9 | $1,868 | $948 | - | - |
| Free Cash Flow | $1,197.9 | $3,551.5 | $1,862 | -$23.5 | $501.5 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $18,408.8 | $22,260.8 | $18,795.3 | $17,540.4 | $18,176.6 | $23,518.4 | $23,565.9 |
| Gross Profit | $5,362.4 | $6,117.8 | $4,045.9 | $2,802.6 | $2,392.2 | - | - |
| EBITDA | $4,648.8 | $5,476 | $3,589 | $2,421.9 | $2,027.4 | - | - |
| Net Income | $3,246.8 | $3,879.5 | $2,450.9 | $1,537.1 | $1,185.6 | - | - |
| Diluted EPS | $15.56 | $20.92 | $14.64 | $9.84 | $7.99 | $16.63 | $19.34 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,243.9 | $1,628.4 | $1,400.9 | $589.5 | $769.9 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $3,008.7 | $3,013.2 | $2,611.1 | $2,804 | $4,176.5 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2,204.1 | $4,460.4 | $3,519.9 | $1,844.5 | $1,449.5 |
| Capital Expenditure | $1,006.2 | $908.9 | $1,657.9 | $1,868 | $948 |
| Free Cash Flow | $1,197.9 | $3,551.5 | $1,862 | -$23.5 | $501.5 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 91.7% | 20.9% | -15.6% | -6.7% | 3.6% |
| Gross Margin | 29.1% | 27.5% | 21.5% | 16.0% | 13.2% |
| EBITDA Margin | 25.3% | 24.6% | 19.1% | 13.8% | 11.2% |
| Net Margin | 17.6% | 17.4% | 13.0% | 8.8% | 6.5% |
| FCF Margin | 6.5% | 16.0% | 9.9% | -0.1% | 2.8% |
| Diluted EPS Growth | 500.8% | 34.4% | -30.0% | -32.8% | -18.8% |