The Tip Desk

STEEL DYNAMICS INC

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$18.2$17.5$18.8$22.3$18.4
Operating income$1.5$1.9$3.2$5.1$4.3
Net income$1.2$1.5$2.5$3.9$3.2
Balance Sheet
Total debt$4.3$3.3$3.1$3.1$3.2
Cash Flow Statement
Free cash flow$0.5-$<0.1$1.9$3.6$1.2
Dividends$0.3$0.3$0.3$0.2$0.2
Share repurchases$0.9$1.2$1.5$1.8$1.1

Shares outstanding 143.3M · Free float 89.5%

Annual filing data through FY ended December 31, 2025; float as of September 23, 2026.

Earnings

Other Coverage