Steel Dynamics (STLD) Capital Expenditures (2009 - 2026)
Steel Dynamics' (STLD) quarterly Capital Expenditures came in at $138.0 million in Q1 2026, down 54.84% year-on-year from $305.5 million in Q1 2025, and down 26.8% quarter-over-quarter from $188.5 million in Q4 2025.
Steel Dynamics (STLD) Capital Expenditures (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Capital Expenditures across 18 years of filings, most recently posting $138.0 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at $138.0 million, down 54.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $780.5 million (down 56.62% YoY), and the FY2025 annual result was $948.0 million, down 49.25% from the prior year.
- Capital Expenditures came in at $138.0 million for Q1 2026 at Steel Dynamics, down from $188.5 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $621.4 million in Q3 2024 to a low of $138.0 million in Q1 2026.
- The 5-year median for Capital Expenditures is $305.5 million (2025), against an average of $324.8 million.
- Across the five-year window, Capital Expenditures jumped 131.47% in 2023 and plunged 73.33% in 2025, its largest moves.
- Steel Dynamics' Capital Expenditures stood at $344.2 million in 2022, then surged by 49.61% to $514.9 million in 2023, then fell by 12.0% to $453.2 million in 2024, then slumped by 58.41% to $188.5 million in 2025, then slipped by 26.8% to $138.0 million in 2026.
- The last three Capital Expenditures figures came in at $138.0 million (Q1 2026), $188.5 million (Q4 2025), and $165.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -405.89 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 661.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 137.98 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 64.20 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 152.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 14.88 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 30.00 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 137.98 Mn |
| Mar 31, 2026 | 137.98 Mn |
| Dec 31, 2025 | 188.50 Mn |
| Dec 31, 2025 | 188.50 Mn |
| Sep 30, 2025 | 165.69 Mn |
| Sep 30, 2025 | 165.69 Mn |
| Jun 30, 2025 | 288.33 Mn |
| Jun 30, 2025 | 288.33 Mn |
| Mar 31, 2025 | 305.51 Mn |
| Mar 31, 2025 | 305.51 Mn |
| Dec 31, 2024 | 453.18 Mn |
| Dec 31, 2024 | 453.18 Mn |
| Sep 30, 2024 | 621.36 Mn |
| Sep 30, 2024 | 621.36 Mn |
| Jun 30, 2024 | 419.17 Mn |
| Jun 30, 2024 | 419.17 Mn |
| Mar 31, 2024 | 374.31 Mn |
| Mar 31, 2024 | 374.31 Mn |
| Dec 31, 2023 | 514.95 Mn |
| Dec 31, 2023 | 514.95 Mn |