Steel Dynamics (STLD) Capital Expenditures (2009 - 2026)
Steel Dynamics (STLD) posted Capital Expenditures of $123.8 million for Q2 2026, down 10.25% sequentially from $138.0 million in Q1 2026, and down 57.05% YoY from $288.3 million in Q2 2025.
Steel Dynamics (STLD) Capital Expenditures (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Capital Expenditures for 18 years, with the latest figure at $123.8 million in Q2 2026.
- Quarterly Capital Expenditures fell 57.05% year-over-year to $123.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $616.0 million (down 63.08% YoY) and the FY2025 annual result came in at $948.0 million, down 49.25% from the prior year.
- Capital Expenditures fell to $123.8 million in Q2 2026 per STLD's latest filing, from $138.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $621.4 million in Q3 2024 and troughed at $123.8 million in Q2 2026.
- A 5-year average of $313.6 million and a median of $296.9 million in 2025 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures soared 131.47% in 2023, then plunged 73.33% in 2025.
- Over 5 years, Capital Expenditures stood at $344.2 million in 2022, then jumped by 49.61% to $514.9 million in 2023, then decreased by 12.0% to $453.2 million in 2024, then slumped by 58.41% to $188.5 million in 2025, then tumbled by 34.3% to $123.8 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $123.8 million, $138.0 million, and $188.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 110.44 Bn | 100.55 Bn | 941.02 Mn | -431.28 Mn |
| 2 | Nucor | 56.77 Bn | 54.08 Bn | 2.03 Bn | 571.00 Mn |
| 3 | ArcelorMittal | 55.51 Bn | 50.66 Bn | - | -1.10 Bn |
| 4 | Steel Dynamics | 32.97 Bn | 32.39 Bn | 958.97 Mn | 123.84 Mn |
| 5 | Reliance | 19.71 Bn | 19.48 Bn | 1.30 Bn | 93.40 Mn |
| 6 | Cleveland-Cliffs | 6.62 Bn | 6.55 Bn | 132.00 Mn | 4.00 Mn |
| 7 | Gerdau | 5.50 Bn | 4.37 Bn | 558.98 Mn | -210.27 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.83 Bn | 1.04 Bn | -4.28 Mn |
| 10 | Worthington Steel | 1.75 Bn | 1.66 Bn | 118.80 Mn | 37.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 123.84 Mn |
| Jun 30, 2026 | 123.84 Mn |
| 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 |