Steel Dynamics (STLD) Change in Inventory (2009 - 2026)
Steel Dynamics' (STLD) quarterly Change in Inventory came in at $48.8 million in Q2 2026, down 70.11% year-over-year from $163.4 million in Q2 2025, and down 72.0% quarter-over-quarter from $174.4 million in Q1 2026.
Analysis
Steel Dynamics (STLD) Change in Inventory (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Change in Inventory across 18 years of filings, most recently posting $48.8 million for Q2 2026.
- In Q2 2026, Change in Inventory fell 70.11% year-over-year to $48.8 million; the TTM figure through Jun 2026 stood at $497.1 million (up 160.3% YoY), while the FY2025 annual figure was $423.4 million, up 91.57% from the prior year.
- Change in Inventory came in at $48.8 million for Q2 2026 at Steel Dynamics, down from $174.4 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $338.3 million in Q4 2025 to a low of -$270.6 million in Q3 2022.
- Average Change in Inventory over 5 years is $12.3 million, with a median of $16.4 million recorded in 2024.
- Year-over-year, Change in Inventory slumped 885.76% in 2023 and jumped 1363.05% in 2026.
- Over 5 years, Change in Inventory stood at -$258.9 million in 2022, then surged by 83.02% to -$44.0 million in 2023, then surged by 258.21% to $69.5 million in 2024, then soared by 386.56% to $338.3 million in 2025, then slumped by 85.56% to $48.8 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were $48.8 million in Q2 2026, $174.4 million in Q1 2026, and $338.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | - |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 377.00 Mn |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 48.84 Mn |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | -196.69 Mn |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | - |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | -55.00 Mn |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 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 | 1.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.84 Mn |
| Mar 31, 2026 | 174.43 Mn |
| Dec 31, 2025 | 338.33 Mn |
| Sep 30, 2025 | -64.50 Mn |
| Jun 30, 2025 | 163.42 Mn |
| Mar 31, 2025 | -13.81 Mn |
| Dec 31, 2024 | 69.54 Mn |
| Sep 30, 2024 | -28.17 Mn |
| Jun 30, 2024 | 46.65 Mn |
| Mar 31, 2024 | 133.03 Mn |
| Dec 31, 2023 | -43.95 Mn |
| Sep 30, 2023 | -102.38 Mn |
| Jun 30, 2023 | 55.16 Mn |
| Mar 31, 2023 | -141.11 Mn |
| Dec 31, 2022 | -258.87 Mn |
| Sep 30, 2022 | -270.63 Mn |
| Jun 30, 2022 | 130.55 Mn |
| Mar 31, 2022 | -14.32 Mn |
| Dec 31, 2021 | 633.36 Mn |
| Sep 30, 2021 | 412.95 Mn |