How does Steel Dynamics (STLD) make money?

Steel Dynamics (STLD) primarily makes money through Steel Operations, which accounts for 70.3% of total revenue. For TTM through Q1 2026, Steel Dynamics generated $19.01B in total revenue with a net profit margin of 7.2%.

What is Steel Dynamics (STLD) gross profit margin?

Steel Dynamics (STLD) reported a gross profit margin of 14% for TTM through Q1 2026, equivalent to $2.66B in gross profit. This means Steel Dynamics retains 14% of each revenue unit after direct costs of production.

What is Steel Dynamics (STLD) operating profit margin?

Steel Dynamics (STLD) reported an operating profit margin of 9.4% for TTM through Q1 2026, equivalent to $1.79B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Steel Dynamics (STLD) net profit margin?

Steel Dynamics (STLD) reported a net profit margin of 7.2% for TTM through Q1 2026, equivalent to $1.37B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Steel Dynamics (STLD) spend on capital expenditures?

Steel Dynamics (STLD) spent $780.50M on capital expenditures in TTM through Q1 2026 (4.1% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Steel Dynamics (STLD) free cash flow?

Steel Dynamics (STLD) generated $664.75M in free cash flow for TTM through Q1 2026 (3.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Steel Dynamics (STLD) effective tax rate?

Steel Dynamics (STLD) had an effective tax rate of 27% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Steel Dynamics (STLD) Makes Money: A Visual Guide

Steel Dynamics (STLD) generated $19.01B in revenue, earning $1.37B in net profit (7.2% margin). Its largest revenue source is Steel Operations (70.3% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Steel Dynamics (STLD) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 21, 2026).

Frequently asked questions

How does Steel Dynamics (STLD) make money?: Steel Dynamics (STLD) primarily makes money through Steel Operations, which accounts for 70.3% of total revenue. For TTM through Q1 2026, Steel Dynamics generated $19.01B in total revenue with a net profit margin of 7.2%.
What is Steel Dynamics (STLD) gross profit margin?: Steel Dynamics (STLD) reported a gross profit margin of 14% for TTM through Q1 2026, equivalent to $2.66B in gross profit. This means Steel Dynamics retains 14% of each revenue unit after direct costs of production.
What is Steel Dynamics (STLD) operating profit margin?: Steel Dynamics (STLD) reported an operating profit margin of 9.4% for TTM through Q1 2026, equivalent to $1.79B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Steel Dynamics (STLD) net profit margin?: Steel Dynamics (STLD) reported a net profit margin of 7.2% for TTM through Q1 2026, equivalent to $1.37B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Steel Dynamics (STLD) spend on capital expenditures?: Steel Dynamics (STLD) spent $780.50M on capital expenditures in TTM through Q1 2026 (4.1% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Steel Dynamics (STLD) free cash flow?: Steel Dynamics (STLD) generated $664.75M in free cash flow for TTM through Q1 2026 (3.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Steel Dynamics (STLD) effective tax rate?: Steel Dynamics (STLD) had an effective tax rate of 27% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.