Steel Dynamics, Inc. (STLD) Tax Rate: 20.47%
Is Steel Dynamics, Inc.’s tax rate high or low?
Steel Dynamics, Inc.'s tax rate of 20.47% is in line with its 5-year average of 21.72%, around the middle of its 5-year range (19.09%–23.35%).
3.22% below its 12-month average of 21.15%.
STLD Tax Rate Chart
STLD Average Tax Rate Chart
STLD Current vs Average Tax Rate Chart
STLD Tax Rate Metrics
TAX RATE
20.47%
TAX RATE AVG TTM
21.15%
TAX RATE AVG 3Y
22.10%
TAX RATE AVG 5Y
21.72%
TAX RATE AVG 10Y
24.13%
TAX RATE AVG 15Y
28.41%
TAX RATE AVG 20Y
30.71%
CURRENT VS TTM AVG
-3.22%
CURRENT VS 3Y AVG
-7.37%
CURRENT VS 5Y AVG
-5.77%
CURRENT VS 10Y AVG
-15.17%
CURRENT VS 15Y AVG
-27.95%
CURRENT VS 20Y AVG
-33.35%
Steel Dynamics, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Steel Dynamics, Inc. Tax Rate FAQ
- What is the tax rate for Steel Dynamics, Inc. (STLD)?
- The tax rate for STLD stock is 20.47%.
- Is Steel Dynamics, Inc.'s tax rate high or low?
- Steel Dynamics, Inc.'s tax rate of 20.47% is in line with its 5-year average of 21.72%, around the middle of its 5-year range (19.09%–23.35%).
- What is the TTM average tax rate for Steel Dynamics, Inc. (STLD)?
- The TTM average tax rate for STLD stock is 21.15%.
- What is the 3Y average tax rate for Steel Dynamics, Inc. (STLD)?
- The 3Y average tax rate for STLD stock is 22.10%.
- What is the 5Y average tax rate for Steel Dynamics, Inc. (STLD)?
- The 5Y average tax rate for STLD stock is 21.72%.
- What is the 10Y average tax rate for Steel Dynamics, Inc. (STLD)?
- The 10Y average tax rate for STLD stock is 24.13%.
- What is the 15Y average tax rate for Steel Dynamics, Inc. (STLD)?
- The 15Y average tax rate for STLD stock is 28.41%.
- What is the 20Y average tax rate for Steel Dynamics, Inc. (STLD)?
- The 20Y average tax rate for STLD stock is 30.71%.
Steel Dynamics, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 20.47% |
| 2024-12-31 | 21.83% |
| 2023-12-31 | 23.35% |
| 2022-12-31 | 22.74% |
| 2021-12-31 | 22.86% |
| 2020-12-31 | 19.09% |
| 2019-12-31 | 22.56% |
| 2018-12-31 | 22.47% |
| 2017-12-31 | 13.84% |
| 2016-12-31 | 36.18% |
| 2015-12-31 | 40.04% |
| 2014-12-31 | 44.39% |
| 2013-12-31 | 37.79% |
| 2012-12-31 | 30.28% |
| 2011-12-31 | 37.38% |
| 2010-12-31 | 39.29% |
| 2009-12-31 | 39.58% |
| 2008-12-31 | 37.70% |
| 2007-12-31 | 37.39% |
| 2006-12-31 | 37.19% |
| 2005-12-31 | 38.50% |
| 2004-12-31 | 37.83% |
| 2003-12-31 | 37.50% |
| 2002-12-31 | 37.44% |
| 2001-12-31 | 38.50% |
| 2000-12-31 | 36.33% |
| 1999-12-31 | 39.57% |
| 1998-12-31 | 39.73% |
| 1997-12-31 | 13.13% |
| 1996-12-31 | 139.80% |
Related Metrics
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