TTM
14.0%
YoY change
−2.97pp
Trough year (2015)
9.6%
Peak year (2021)
29.1%
Latest annual
13.0%
Gross Margin history chart for Steel Dynamics (STLD) from 1996 to 2025
Latest: 13.0%
Gross Margin change chart for Steel Dynamics (STLD) from 1996 to 2025
Latest: −2.97pp
Gross Margin history table for Steel Dynamics (STLD) from 1996 to 2025
| 2025 | 13.0% | -2.97pp | ||
| 2024 | 16.0% | -5.55pp | ||
| 2023 | 21.5% | -5.96pp | ||
| 2022 | 27.5% | -1.65pp | ||
| 2021 | 29.1% | +14.19pp | ||
| 2020 | 14.9% | +0.31pp | ||
| 2019 | 14.6% | -5.02pp | ||
| 2018 | 19.6% | +3.06pp | ||
| 2017 | 16.6% | -0.58pp | ||
| 2016 | 17.2% | +7.53pp | ||
| 2015 | 9.6% | -1.40pp | ||
| 2014 | 11.0% | +1.28pp | ||
| 2013 | 9.8% | -0.12pp | ||
| 2012 | 9.9% | -1.77pp | ||
| 2011 | 11.6% | +0.92pp | ||
| 2010 | 10.7% | +0.64pp | ||
| 2009 | 10.1% | -5.16pp | ||
| 2008 | 15.2% | -5.65pp | ||
| 2007 | 20.9% | -4.74pp | ||
| 2006 | 25.6% | +3.42pp | ||
| 2005 | 22.2% | -5.93pp | ||
| 2004 | 28.1% | +11.93pp | ||
| 2003 | 16.2% | -9.89pp | ||
| 2002 | 26.1% | +12.25pp | ||
| 2001 | 13.8% | -9.07pp | ||
| 2000 | 22.9% | -4.64pp | ||
| 1999 | 27.6% | +4.93pp | ||
| 1998 | 22.6% | -4.44pp | ||
| 1997 | 27.1% | +6.72pp | ||
| 1996 | 20.3% | — |
- 202513.0%-2.97pp
- 202416.0%-5.55pp
- 202321.5%-5.96pp
- 202227.5%-1.65pp
- 202129.1%+14.19pp
- 202014.9%+0.31pp
- 201914.6%-5.02pp
- 201819.6%+3.06pp
- 201716.6%-0.58pp
- 201617.2%+7.53pp
- 20159.6%-1.40pp
- 201411.0%+1.28pp
- 20139.8%-0.12pp
- 20129.9%-1.77pp
- 201111.6%+0.92pp
- 201010.7%+0.64pp
- 200910.1%-5.16pp
- 200815.2%-5.65pp
- 200720.9%-4.74pp
- 200625.6%+3.42pp
- 200522.2%-5.93pp
- 200428.1%+11.93pp
- 200316.2%-9.89pp
- 200226.1%+12.25pp
- 200113.8%-9.07pp
- 200022.9%-4.64pp
- 199927.6%+4.93pp
- 199822.6%-4.44pp
- 199727.1%+6.72pp
- 199620.3%—
Gross Margin values are taken from Steel Dynamics's reported income 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 Gross Margin at Steel Dynamics (STLD)
According to Steel Dynamics's latest reported financial statements, the company's latest reported gross margin is 14.0%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Steel Dynamics (STLD) came in at 13.01% – contracted 3.0 percentage points year-over-year.
The highest annual gross margin of 29.13% was reported in 2021. The lowest in the available history was 9.63% in 2015.
Steel Dynamics Gross Margin by Year
Steel Dynamics Gross Margin 2025: 13.0%
In 2025, Steel Dynamics reported gross margin of 13.01%, contracted 3.0 percentage points from 2024.
Steel Dynamics Gross Margin 2024: 16.0%
Steel Dynamics gross margin in 2024 was 15.98%, contracted 5.5 percentage points from 2023.
Steel Dynamics Gross Margin 2023: 21.5%
2023's gross margin for Steel Dynamics came in at 21.53%, contracted 6.0 percentage points from 2022.
Steel Dynamics Gross Margin 2022: 27.5%
Steel Dynamics posted gross margin of 27.48% in 2022, contracted 1.6 percentage points from 2021.
Steel Dynamics Gross Margin 2021: 29.1%
Steel Dynamics gross margin in 2021 was 29.13%.
See more financial history for Steel Dynamics (STLD).
Sector peers by Gross Margin
Basic Materials peers of Steel Dynamics (STLD), ranked by their latest gross margin
| 61.8% | |
| 60.4% | |
| 55.1% | |
| 49.1% | |
| 46.0% | |
| 44.3% | |
| 35.6% | |
| 27.8% |
- 55.1%
- 46.0%
- 44.3%
- 35.6%
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Steel Dynamics (STLD) Key Financials
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