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
DateValue
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