Steel Dynamics (STLD) Cash from Operations (2009 - 2026)
Steel Dynamics' Cash from Operations came in at $427.94 million for Q2 2026, up 41.9% from $301.61 million a year earlier and up 188.5% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Cash from Operations (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Steel Dynamics reported Cash from Operations of $1.57 billion, up 0.7% year-over-year; for FY2025, it came in at $1.45 billion, down 21.4% from FY2024.
- Cash from Operations has declined in each of the last three years, though with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Going back by year, Cash from Operations was $1.84 billion in FY2024 (-47.6%), $3.52 billion in FY2023 (-21.1%), $4.46 billion in FY2022 (+102.4%) and $2.2 billion in FY2021 (+123.3%).
- The five-year range for quarterly Cash from Operations is $148.32 million (Q1 2026) to $1.5 billion (Q3 2022).
- Year-over-year, Cash from Operations increased in 1 of the last eight quarters, with an average decline of 19.6%.
- The fastest year-over-year change in Cash from Operations over five years came in Q4 2021 (growth of 424.8%), and the weakest in Q4 2024 (a decline of 59.9%).
- Business Quant data shows STLD's Cash from Operations at $148.32 million (Q1 2026), $272.71 million (Q4 2025) and $722.61 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 1.99 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 2.92 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 256.00 Mn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 2.05 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 2.14 Bn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 1.70 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 1.40 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 961.00 Mn |
| 10 | Steel Dynamics | 33.32 Bn | 30.19 Bn | 958.97 Mn | 427.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 427.94 Mn |
| Mar 31, 2026 | 148.32 Mn |
| Dec 31, 2025 | 272.71 Mn |
| Sep 30, 2025 | 722.61 Mn |
| Jun 30, 2025 | 301.61 Mn |
| Mar 31, 2025 | 152.60 Mn |
| Dec 31, 2024 | 346.87 Mn |
| Sep 30, 2024 | 759.85 Mn |
| Jun 30, 2024 | 382.56 Mn |
| Mar 31, 2024 | 355.22 Mn |
| Dec 31, 2023 | 864.64 Mn |
| Sep 30, 2023 | 1.11 Bn |
| Jun 30, 2023 | 807.81 Mn |
| Mar 31, 2023 | 733.78 Mn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 1.50 Bn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 818.97 Mn |
| Dec 31, 2021 | 723.90 Mn |
| Sep 30, 2021 | 630.82 Mn |
API Access
Steel Dynamics Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();