Latest period
$780.50M
YoY change
-49.2%
5Y CAGR
-4.6%
Peak year (2024)
$1.87B
Cumulative CapEx
$12.43B
CapEx history chart for Steel Dynamics (STLD) from 1995 to 2025
Latest: $948.02M
CapEx growth chart for Steel Dynamics (STLD) from 1995 to 2025
Latest: -49.2%
CapEx history table for Steel Dynamics (STLD) from 1995 to 2025
| 2025 | $948.02M | -49.2% | −$919.98M | ||
| 2024 | $1.87B | +12.7% | +$210.10M | ||
| 2023 | $1.66B | +82.4% | +$749.00M | ||
| 2022 | $908.90M | -9.7% | −$97.34M | ||
| 2021 | $1.01B | -16.0% | −$191.82M | ||
| 2020 | $1.20B | +165.1% | +$746.11M | ||
| 2019 | $451.94M | +88.8% | +$212.56M | ||
| 2018 | $239.39M | +45.1% | +$74.45M | ||
| 2017 | $164.94M | -16.8% | −$33.23M | ||
| 2016 | $198.16M | +73.1% | +$83.66M | ||
| 2015 | $114.50M | +2.4% | +$2.72M | ||
| 2014 | $111.78M | -40.2% | −$75.06M | ||
| 2013 | $186.84M | -16.4% | −$36.68M | ||
| 2012 | $223.53M | +33.8% | +$56.52M | ||
| 2011 | $167.01M | +25.2% | +$33.61M | ||
| 2010 | $133.39M | -59.6% | −$196.66M | ||
| 2009 | $330.05M | -20.0% | −$82.44M | ||
| 2008 | $412.50M | +4.4% | +$17.30M | ||
| 2007 | $395.20M | +207.3% | +$266.58M | ||
| 2006 | $128.62M | +102.9% | +$65.23M | ||
| 2005 | $63.39M | -37.9% | −$38.66M | ||
| 2004 | $102.05M | -25.7% | −$35.22M | ||
| 2003 | $137.27M | -3.7% | −$5.33M | ||
| 2002 | $142.60M | +57.2% | +$51.89M | ||
| 2001 | $90.71M | -17.8% | −$19.66M | ||
| 2000 | $110.38M | -12.9% | −$16.32M | ||
| 1999 | $126.70M | -34.7% | −$67.40M | ||
| 1998 | $194.10M | +10.8% | +$18.90M | ||
| 1997 | $175.20M | +109.3% | +$91.50M | ||
| 1996 | $83.70M | -62.7% | −$140.70M | ||
| 1995 | $224.40M | — | — |
- 2025$948.02M-49.2%
- 2024$1.87B+12.7%
- 2023$1.66B+82.4%
- 2022$908.90M-9.7%
- 2021$1.01B-16.0%
- 2020$1.20B+165.1%
- 2019$451.94M+88.8%
- 2018$239.39M+45.1%
- 2017$164.94M-16.8%
- 2016$198.16M+73.1%
- 2015$114.50M+2.4%
- 2014$111.78M-40.2%
- 2013$186.84M-16.4%
- 2012$223.53M+33.8%
- 2011$167.01M+25.2%
- 2010$133.39M-59.6%
- 2009$330.05M-20.0%
- 2008$412.50M+4.4%
- 2007$395.20M+207.3%
- 2006$128.62M+102.9%
- 2005$63.39M-37.9%
- 2004$102.05M-25.7%
- 2003$137.27M-3.7%
- 2002$142.60M+57.2%
- 2001$90.71M-17.8%
- 2000$110.38M-12.9%
- 1999$126.70M-34.7%
- 1998$194.10M+10.8%
- 1997$175.20M+109.3%
- 1996$83.70M-62.7%
- 1995$224.40M—
CapEx values are taken from Steel Dynamics's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Steel Dynamics (STLD)
According to Steel Dynamics's latest reported financial statements, the company's current CapEx (TTM) is $780.50M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Steel Dynamics (STLD) most recent annual CapEx stands at $948.02M (2025) – plunged 49.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Steel Dynamics CapEx compounded at -4.6% per year, with a net decline across the window.
Between 2024 and 2025, Steel Dynamics CapEx plunged 49.2%, falling from $1.87B to $948.02M.
2024 marks the peak CapEx at $1.87B, with the historical low of $63.39M recorded in 2005.
Steel Dynamics Capital Expenditures by Year
Steel Dynamics Capital Expenditures 2025: $948.02M
In 2025, Steel Dynamics reported CapEx of $948.02M, plunged 49.2% below 2024.
Steel Dynamics Capital Expenditures 2024: $1.87B
Steel Dynamics CapEx in 2024 was $1.87B, grew 12.7% from 2023. This figure represents the highest annual value in the available history.
Steel Dynamics Capital Expenditures 2023: $1.66B
2023's CapEx for Steel Dynamics came in at $1.66B, surged 82.4% from 2022.
Steel Dynamics Capital Expenditures 2022: $908.90M
Steel Dynamics posted CapEx of $908.90M in 2022, declined 9.7% below 2021.
Steel Dynamics Capital Expenditures 2021: $1.01B
Steel Dynamics CapEx in 2021 was $1.01B.
See more financial history for Steel Dynamics (STLD).
Sector peers by CapEx
Basic Materials peers of Steel Dynamics (STLD), ranked by their latest CapEx
| $5.26B | |
| $4.49B | |
| $3.04B | |
| $2.71B | |
| $2.56B | |
| $1.33B | |
| $1.05B | |
| $797.60M |
- $5.26B
- $4.49B
- $3.04B
- $2.71B
- $2.56B
- $1.33B
- $1.05B
- $797.60M
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