Steel Dynamics (STLD) Change in Inventory (2009 - 2026)
Steel Dynamics (STLD) posted Change in Inventory of $48.8 million for Q2 2026, down 72.0% sequentially from $174.4 million in Q1 2026, and down 70.11% YoY from $163.4 million in Q2 2025.
Steel Dynamics (STLD) Change in Inventory (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Change in Inventory for 18 years, with the latest figure at $48.8 million in Q2 2026.
- Quarterly Change in Inventory fell 70.11% year-over-year to $48.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $497.1 million (up 160.3% YoY) and the FY2025 annual result came in at $423.4 million, up 91.57% from the prior year.
- Change in Inventory retreated to $48.8 million in Q2 2026 per STLD's latest filing, from $174.4 million in the prior quarter.
- Over five years, Change in Inventory peaked at $338.3 million in Q4 2025 and troughed at -$270.6 million in Q3 2022.
- A 5-year average of $12.3 million and a median of $16.4 million in 2024 frame the typical range for Change in Inventory.
- The sharpest annual moves came in 2023 and 2026: Change in Inventory tumbled 885.76% in 2023, then surged 1363.05% in 2026.
- Over 5 years, Change in Inventory stood at -$258.9 million in 2022, then jumped by 83.02% to -$44.0 million in 2023, then jumped by 258.21% to $69.5 million in 2024, then surged by 386.56% to $338.3 million in 2025, then plunged by 85.56% to $48.8 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $48.8 million, $174.4 million, and $338.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 377.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 48.84 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 91.40 Mn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -55.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | -196.69 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | - |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -18.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 48.84 Mn |
| Jun 30, 2026 | 48.84 Mn |
| Mar 31, 2026 | 174.43 Mn |
| Mar 31, 2026 | 174.43 Mn |
| Dec 31, 2025 | 338.33 Mn |
| Dec 31, 2025 | 338.33 Mn |
| Sep 30, 2025 | -64.50 Mn |
| Sep 30, 2025 | -64.50 Mn |
| Jun 30, 2025 | 163.42 Mn |
| Jun 30, 2025 | 163.42 Mn |
| Mar 31, 2025 | -13.81 Mn |
| Mar 31, 2025 | -13.81 Mn |
| Dec 31, 2024 | 69.54 Mn |
| Dec 31, 2024 | 69.54 Mn |
| Sep 30, 2024 | -28.17 Mn |
| Sep 30, 2024 | -28.17 Mn |
| Jun 30, 2024 | 46.65 Mn |
| Jun 30, 2024 | 46.65 Mn |
| Mar 31, 2024 | 133.03 Mn |
| Mar 31, 2024 | 133.03 Mn |