TTM
$1.79B
YoY change
-24.0%
5Y CAGR
+11.7%
Peak year (2022)
$5.09B
Cumulative operating income
$27.71B
Operating Income history chart for Steel Dynamics (STLD) from 1995 to 2025
Latest: $1.48B
Operating Income growth chart for Steel Dynamics (STLD) from 1995 to 2025
Latest: -24.0%
Operating Income history table for Steel Dynamics (STLD) from 1995 to 2025
| 2025 | $1.48B | -24.0% | −$467.05M | ||
| 2024 | $1.94B | -38.3% | −$1.21B | ||
| 2023 | $3.15B | -38.1% | −$1.94B | ||
| 2022 | $5.09B | +18.4% | +$790.72M | ||
| 2021 | $4.30B | +407.7% | +$3.45B | ||
| 2020 | $847.14M | -14.2% | −$139.74M | ||
| 2019 | $986.88M | -42.7% | −$735.53M | ||
| 2018 | $1.72B | +61.4% | +$655.53M | ||
| 2017 | $1.07B | +46.6% | +$338.92M | ||
| 2016 | $727.97M | -1100.2% | +$800.75M | ||
| 2015 | −$72.78M | -122.7% | −$393.10M | ||
| 2014 | $320.32M | -17.1% | −$66.20M | ||
| 2013 | $386.52M | -1.2% | −$4.64M | ||
| 2012 | $391.17M | -33.1% | −$193.66M | ||
| 2011 | $584.82M | +60.3% | +$220.07M | ||
| 2010 | $364.75M | +205.2% | +$245.22M | ||
| 2009 | $119.53M | -86.0% | −$735.71M | ||
| 2008 | $855.24M | +23.7% | +$164.09M | ||
| 2007 | $691.15M | +4.9% | +$32.04M | ||
| 2006 | $659.11M | +67.6% | +$265.94M | ||
| 2005 | $393.18M | -22.4% | −$113.73M | ||
| 2004 | $506.91M | +424.7% | +$410.30M | ||
| 2003 | $96.61M | -41.1% | −$67.30M | ||
| 2002 | $163.90M | +532.2% | +$137.98M | ||
| 2001 | $25.93M | -75.4% | −$79.48M | ||
| 2000 | $105.40M | +18.7% | +$16.60M | ||
| 1999 | $88.80M | +36.2% | +$23.60M | ||
| 1998 | $65.20M | 0.0% | $0.00 | ||
| 1997 | $65.20M | +258.2% | +$47.00M | ||
| 1996 | $18.20M | -209.0% | +$34.90M | ||
| 1995 | −$16.70M | — | — |
- 2025$1.48B-24.0%
- 2024$1.94B-38.3%
- 2023$3.15B-38.1%
- 2022$5.09B+18.4%
- 2021$4.30B+407.7%
- 2020$847.14M-14.2%
- 2019$986.88M-42.7%
- 2018$1.72B+61.4%
- 2017$1.07B+46.6%
- 2016$727.97M-1100.2%
- 2015−$72.78M-122.7%
- 2014$320.32M-17.1%
- 2013$386.52M-1.2%
- 2012$391.17M-33.1%
- 2011$584.82M+60.3%
- 2010$364.75M+205.2%
- 2009$119.53M-86.0%
- 2008$855.24M+23.7%
- 2007$691.15M+4.9%
- 2006$659.11M+67.6%
- 2005$393.18M-22.4%
- 2004$506.91M+424.7%
- 2003$96.61M-41.1%
- 2002$163.90M+532.2%
- 2001$25.93M-75.4%
- 2000$105.40M+18.7%
- 1999$88.80M+36.2%
- 1998$65.20M0.0%
- 1997$65.20M+258.2%
- 1996$18.20M-209.0%
- 1995−$16.70M—
Operating Income 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 Operating Income at Steel Dynamics (STLD)
According to Steel Dynamics's latest reported financial statements, the company's current operating income (TTM) is $1.79B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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 operating income stands at $1.48B (2025) – declined 24.0% year-over-year.
Over 2020–2025 (5 years), Steel Dynamics operating income expanded at a +11.7% compound annual rate, with mixed annual results across the window.
Steel Dynamics operating income peaked at $5.09B in 2022; the latest annual figure is $1.48B in 2025 (71.0% below peak).
Across the available history, operating income reached its high of $5.09B in 2022 and its low of −$72.78M in 2015.
Steel Dynamics Operating Income by Year
Steel Dynamics Operating Income 2025: $1.48B
2025's operating income for Steel Dynamics came in at $1.48B, declined 24.0% below 2024.
Steel Dynamics Operating Income 2024: $1.94B
Steel Dynamics posted operating income of $1.94B in 2024, plunged 38.3% below 2023.
Steel Dynamics Operating Income 2023: $3.15B
In 2023, Steel Dynamics reported operating income of $3.15B, plunged 38.1% below 2022.
Steel Dynamics Operating Income 2022: $5.09B
Steel Dynamics operating income in 2022 was $5.09B, grew 18.4% from 2021. This figure represents the highest annual value in the available history.
Steel Dynamics Operating Income 2021: $4.30B
Steel Dynamics operating income in 2021 was $4.30B.
See more financial history for Steel Dynamics (STLD).
Sector peers by Operating Income
Basic Materials peers of Steel Dynamics (STLD), ranked by their latest operating income
| $10.35B | |
| $8.94B | |
| $7.00B | |
| $6.33B | |
| $6.29B | |
| $5.32B | |
| $3.80B | |
| $2.91B |
- $10.35B
- $8.94B
- $7.00B
- $6.33B
- $6.29B
- $5.32B
- $3.80B
- $2.91B
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