Steel Dynamics (STLD) Change in Taxes (2009 - 2026)

Steel Dynamics has disclosed Change in Taxes across 18 years of filings, most recently posting $74.4 million for Q1 2026.

• Change in Taxes for Q1 2026 came in at $74.4 million, up 73.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $83.8 million (up 174.38% YoY), and the FY2025 annual result was $52.2 million, up 412.41% from the prior year.
• Change in Taxes came in at $74.4 million for Q1 2026 at Steel Dynamics, down from $157.1 million in the prior quarter.
• In the past five years, Change in Taxes ranged from a high of $341.9 million in Q1 2022 to a low of -$203.4 million in Q2 2022.
• The 5-year median for Change in Taxes is -$7.1 million (2023), against an average of $13.2 million.
• Across the five-year window, Change in Taxes tumbled 838.09% in 2022 and surged 4863.49% in 2025, its largest moves.
• Steel Dynamics' Change in Taxes stood at -$115.2 million in 2022, then surged by 65.36% to -$39.9 million in 2023, then jumped by 107.93% to $3.2 million in 2024, then soared by 4863.49% to $157.1 million in 2025, then tumbled by 52.63% to $74.4 million in 2026.
• The last three Change in Taxes figures came in at $74.4 million (Q1 2026), $157.1 million (Q4 2025), and -$65.1 million (Q3 2025), per Business Quant data.