Net Income for Steel Dynamics (STLD)
According to Steel Dynamics's latest reported financial statements, the company's current net income (TTM) is $1.37B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

STLD
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.37B
YoY change
-22.9%
5Y CAGR
+16.6%
Peak year (2022)
$3.86B
Cumulative net income
$18.75B
Net Income history chart for Steel Dynamics (STLD) from 1995 to 2025
Net Income history table for Steel Dynamics (STLD) from 1995 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.19B | -22.9% | ||
| 2024 | $1.54B | -37.3% | ||
| 2023 | $2.45B | -36.5% | ||
| 2022 | $3.86B | +20.2% | ||
| 2021 | $3.21B | +483.5% | ||
| 2020 | $550.82M | -17.9% | ||
| 2019 | $671.10M | -46.7% | ||
| 2018 | $1.26B | +54.8% | ||
| 2017 | $812.74M | +112.7% | ||
| 2016 | $382.12M | -393.2% | ||
| 2015 | -$130.31M | -183.0% | ||
| 2014 | $157.02M | -17.1% | ||
| 2013 | $189.31M | +15.8% | ||
| 2012 | $163.55M | -41.2% | ||
| 2011 | $278.12M | +97.7% | ||
| 2010 | $140.71M | -1819.3% | ||
| 2009 | -$8.18M | -101.8% | ||
| 2008 | $463.39M | +17.4% | ||
| 2007 | $394.57M | -0.5% | ||
| 2006 | $396.71M | +78.9% | ||
| 2005 | $221.78M | -24.9% | ||
| 2004 | $295.31M | +526.4% | ||
| 2003 | $47.15M | -39.5% | ||
| 2002 | $77.88M | +2377.0% | ||
| 2001 | $3.14M | -94.2% | ||
| 2000 | $53.80M | +36.5% | ||
| 1999 | $39.40M | +24.3% | ||
| 1998 | $31.70M | -28.0% | ||
| 1997 | $44.00M | -544.4% | ||
| 1996 | -$9.90M | -50.3% | ||
| 1995 | -$19.90M | — |
Net Income values are taken from Steel Dynamics's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Steel Dynamics (STLD) most recent annual net income stands at $1.19B (2025) – declined 22.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Steel Dynamics net income compounded at +16.6% per year, with the latest reading among the more recent periods of the dataset.
Steel Dynamics net income peaked at $3.86B in 2022; the latest annual figure is $1.19B in 2025 (69.3% below peak).
The highest annual net income of $3.86B was reported in 2022. The lowest in the available history was -$130.31M in 2015.
Within Basic Materials, Steel Dynamics (STLD) ranks 9th among 8 peers we track. The peer median for net income is $3.75B.
Steel Dynamics Net Income by Year
Steel Dynamics Net Income 2025: $1.19B
Steel Dynamics net income in 2025 was $1.19B, declined 22.9% below 2024.
Steel Dynamics Net Income 2024: $1.54B
Steel Dynamics net income in 2024 was $1.54B, plunged 37.3% below 2023.
Steel Dynamics Net Income 2023: $2.45B
Steel Dynamics net income in 2023 was $2.45B, plunged 36.5% below 2022.
Steel Dynamics Net Income 2022: $3.86B
Steel Dynamics net income in 2022 was $3.86B, grew 20.2% from 2021. This figure represents the highest annual value in the available history.
Steel Dynamics Net Income 2021: $3.21B
Steel Dynamics net income in 2021 was $3.21B.
See more financial history for Steel Dynamics (STLD).
Sector peers — Net Income
Companies in the same sector as Steel Dynamics, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Newmont Corporation (NEM) | $7.08B | Basic Materials |
| Linde plc (LIN) | $6.90B | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | $4.46B | Basic Materials |
| Southern Copper Corporation (SCCO) | $4.33B | Basic Materials |
| CRH plc (CRH) | $3.17B | Basic Materials |
| The Sherwin-Williams Company (SHW) | $2.57B | Basic Materials |
| Freeport-McMoRan Inc. (FCX) | $2.20B | Basic Materials |
| Ecolab Inc. (ECL) | $2.08B | Basic Materials |
Frequently asked questions
What is Steel Dynamics's net income?
- Latest reported net income for Steel Dynamics (STLD) is $1.37B (period ending March 31, 2026).
How has Steel Dynamics net income changed year-over-year?
- Steel Dynamics (STLD) net income changed -22.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Steel Dynamics net income?
- Steel Dynamics (STLD) net income compound annual growth rate is +16.6% over the most recent 5 years available.
When did Steel Dynamics net income hit its highest annual value?
- Steel Dynamics net income reached its highest annual value of $3.86B in 2022.
What was Steel Dynamics net income in 2024?
- Steel Dynamics (STLD) net income in 2024 was $1.54B.
What was Steel Dynamics net income in 2025?
- Steel Dynamics (STLD) net income in 2025 was $1.19B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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