Steel Dynamics (STLD) Deferred Taxes (2009 - 2026)
Steel Dynamics (STLD) posted Deferred Taxes of $30.0 million for Q2 2026, down 8.24% sequentially from $32.7 million in Q1 2026, and down 23.39% YoY from $39.1 million in Q2 2025.
Steel Dynamics (STLD) Deferred Taxes (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Deferred Taxes for 18 years, with the latest figure at $30.0 million in Q2 2026.
- Quarterly Deferred Taxes fell 23.39% year-over-year to $30.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $101.7 million (up 247.67% YoY) and the FY2025 annual result came in at $94.4 million, up 321.68% from the prior year.
- Deferred Taxes slipped to $30.0 million in Q2 2026 per STLD's latest filing, from $32.7 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $147.6 million in Q3 2025 and troughed at -$108.6 million in Q4 2025.
- A 5-year average of $11.5 million and a median of $11.9 million in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes surged 1745.68% in 2023, then plunged 333.39% in 2024.
- Over 5 years, Deferred Taxes stood at $33.2 million in 2022, then slumped by 149.24% to -$16.3 million in 2023, then tumbled by 150.6% to -$41.0 million in 2024, then slumped by 164.97% to -$108.6 million in 2025, then soared by 127.62% to $30.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $30.0 million, $32.7 million, and -$108.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | - |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | -27.00 Mn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 142.00 Mn |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 29.98 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | - |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -17.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 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 | 5.17 Mn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -2.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.98 Mn |
| Mar 31, 2026 | 32.67 Mn |
| Dec 31, 2025 | -108.55 Mn |
| Sep 30, 2025 | 147.57 Mn |
| Jun 30, 2025 | 39.13 Mn |
| Mar 31, 2025 | 16.25 Mn |
| Dec 31, 2024 | -40.97 Mn |
| Sep 30, 2024 | 14.83 Mn |
| Jun 30, 2024 | 4.58 Mn |
| Mar 31, 2024 | -21.02 Mn |
| Dec 31, 2023 | -16.35 Mn |
| Sep 30, 2023 | 19.63 Mn |
| Jun 30, 2023 | 43.38 Mn |
| Mar 31, 2023 | 9.01 Mn |
| Dec 31, 2022 | 33.20 Mn |
| Sep 30, 2022 | 3.99 Mn |
| Jun 30, 2022 | -2.64 Mn |
| Mar 31, 2022 | 2.63 Mn |
| Dec 31, 2021 | 133.53 Mn |
| Sep 30, 2021 | 71.01 Mn |