Steel Dynamics STLD
NASDAQ STLD
$237.10 -3.59 (-1.49%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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