Steel Dynamics, Inc. (STLD) Net Income CAGR:17.23%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, Steel Dynamics, Inc.'s Net Income CAGR averages -26.07% over 3 years and 11.56% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how Steel Dynamics, Inc.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
STLD Net Income CAGR Chart
Steel Dynamics, Inc. (STLD)
STLD Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
STLD Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $1.54B | $1.19B | $-351.54M | -22.87% | -22.87% |
| 2024 | $2.45B | $1.54B | $-913.75M | -37.28% | -37.28% |
| 2023 | $3.86B | $2.45B | $-1.41B | -36.55% | -36.55% |
| 2022 | $3.21B | $3.86B | +$648.61M | +20.18% | +20.18% |
| 2021 | $550.82M | $3.21B | +$2.66B | +483.50% | +483.50% |
| 2020 | $671.10M | $550.82M | $-120.28M | -17.92% | -17.92% |
| 2019 | $1.26B | $671.10M | $-587.28M | -46.67% | -46.67% |
| 2018 | $812.74M | $1.26B | +$445.64M | +54.83% | +54.83% |
| 2017 | $382.12M | $812.74M | +$430.63M | +112.70% | +112.70% |
| 2016 | $-130.31M | $382.12M | +$512.43M | N/A | N/A |
| 2015 | $157.02M | $-130.31M | $-287.33M | -182.99% | N/A |
| 2014 | $189.31M | $157.02M | $-32.29M | -17.06% | -17.06% |
| 2013 | $163.55M | $189.31M | +$25.76M | +15.75% | +15.75% |
| 2012 | $278.12M | $163.55M | $-114.57M | -41.19% | -41.19% |
| 2011 | $140.71M | $278.12M | +$137.41M | +97.66% | +97.66% |
| 2010 | $-8.18M | $140.71M | +$148.89M | N/A | N/A |
| 2009 | $463.39M | $-8.18M | $-471.57M | -101.77% | N/A |
| 2008 | $394.57M | $463.39M | +$68.82M | +17.44% | +17.44% |
| 2007 | $396.71M | $394.57M | $-2.14M | -0.54% | -0.54% |
| 2006 | $221.78M | $396.71M | +$174.92M | +78.87% | +78.87% |
| 2005 | $295.31M | $221.78M | $-73.53M | -24.90% | -24.90% |
| 2004 | $47.15M | $295.31M | +$248.17M | +526.36% | +526.36% |
| 2003 | $77.88M | $47.15M | $-30.73M | -39.46% | -39.46% |
| 2002 | $3.14M | $77.88M | +$74.73M | +2377.00% | +2377.00% |
| 2001 | $53.80M | $3.14M | $-50.65M | -94.16% | -94.16% |
| 2000 | $39.40M | $53.80M | +$14.39M | +36.54% | +36.54% |
| 1999 | $31.70M | $39.40M | +$7.70M | +24.29% | +24.29% |
| 1998 | $44.00M | $31.70M | $-12.30M | -27.95% | -27.95% |
| 1997 | $-9.90M | $44.00M | +$53.90M | N/A | N/A |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $403.44M | +51.6% | +85.8% |
| Q4 2025 | $266.03M | -34.1% | +28.3% |
| Q3 2025 | $403.69M | +35.1% | +27.0% |
| Q2 2025 | $298.73M | +37.6% | -30.2% |
| Q1 2025 | $217.15M | +4.8% | -62.8% |
| Q4 2024 | $207.29M | -34.8% | -51.1% |
| Q3 2024 | $317.80M | -25.7% | -44.9% |
| Q2 2024 | $428.00M | -26.7% | -47.3% |
| Q1 2024 | $584.04M | +37.7% | -8.4% |
| Q4 2023 | $424.27M | -26.5% | -33.2% |
| Q3 2023 | $577.20M | -28.9% | -36.9% |
| Q2 2023 | $812.11M | +27.4% | -32.9% |
| Q1 2023 | $637.31M | +0.4% | -42.3% |
| Q4 2022 | $634.86M | -30.6% | -41.8% |
| Q3 2022 | $914.33M | -24.4% | -7.7% |
| Q2 2022 | $1.21B | +9.6% | +72.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About Steel Dynamics, Inc.
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.
- Sector
- Basic Materials
- Industry
- Steel
- CEO
- Mark D. Millett