Steel Dynamics (STLD) Capital Expenditures (2009 - 2026)
Steel Dynamics' (STLD) quarterly Capital Expenditures came in at $123.8 million in Q2 2026, down 57.05% year-over-year from $288.3 million in Q2 2025, and down 10.25% quarter-over-quarter from $138.0 million in Q1 2026.
Analysis
Steel Dynamics (STLD) Capital Expenditures (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Capital Expenditures across 18 years of filings, most recently posting $123.8 million for Q2 2026.
- In Q2 2026, Capital Expenditures fell 57.05% year-over-year to $123.8 million; the TTM figure through Jun 2026 stood at $616.0 million (down 63.08% YoY), while the FY2025 annual figure was $948.0 million, down 49.25% from the prior year.
- Capital Expenditures came in at $123.8 million for Q2 2026 at Steel Dynamics, down from $138.0 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 $123.8 million in Q2 2026.
- Average Capital Expenditures over 5 years is $313.6 million, with a median of $296.9 million recorded in 2025.
- Year-over-year, Capital Expenditures surged 131.47% in 2023 and tumbled 73.33% in 2025.
- Over 5 years, 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 plunged by 58.41% to $188.5 million in 2025, then sank by 34.3% to $123.8 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $123.8 million in Q2 2026, $138.0 million in Q1 2026, and $188.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | -431.28 Mn |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 571.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 123.84 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -210.27 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 156.14 Mn |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | 4.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | -1.41 Bn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 15.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 123.84 Mn |
| Mar 31, 2026 | 137.98 Mn |
| Dec 31, 2025 | 188.50 Mn |
| Sep 30, 2025 | 165.69 Mn |
| Jun 30, 2025 | 288.33 Mn |
| Mar 31, 2025 | 305.51 Mn |
| Dec 31, 2024 | 453.18 Mn |
| Sep 30, 2024 | 621.36 Mn |
| Jun 30, 2024 | 419.17 Mn |
| Mar 31, 2024 | 374.31 Mn |
| Dec 31, 2023 | 514.95 Mn |
| Sep 30, 2023 | 558.36 Mn |
| Jun 30, 2023 | 358.28 Mn |
| Mar 31, 2023 | 226.32 Mn |
| Dec 31, 2022 | 344.20 Mn |
| Sep 30, 2022 | 241.23 Mn |
| Jun 30, 2022 | 164.14 Mn |
| Mar 31, 2022 | 159.33 Mn |
| Dec 31, 2021 | 204.54 Mn |
| Sep 30, 2021 | 214.63 Mn |