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Steel Dynamics (STLD) Cash Flow Waterfall

Trace Steel Dynamics's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$1.45B

Capex

−$780.50M

Free Cash Flow

$664.75M

FCF Margin

+46.0%

Cash flow waterfall for Steel Dynamics (STLD) — TTM through Q1 2026

Free cash flow: $664.75M

Cash flow breakdown for Steel Dynamics (STLD) — TTM through Q1 2026

  • Operating Cash Flow$1.45B
  • Capital Expenditure−$780.50M
  • Free Cash Flow$664.75M
  • Acquisitions−$175.77M
  • Other Investing$21.01M
  • Share Buybacks−$765.82M
  • Dividends Paid−$294.13M
  • Other Financing & FX−$80.58M
  • Net Cash Decrease−$630.55M
Want to see what drove the FCF change?Free Cash Flow Bridge

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