Steel Dynamics (STLD) Deferred Taxes (2009 - 2026)
Steel Dynamics' Deferred Taxes came in at $29.98 million for Q2 2026, down 23.4% from $39.13 million a year earlier and down 8.2% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Deferred Taxes (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Steel Dynamics reported Deferred Taxes of $101.67 million, up 247.7% year-over-year; for FY2025, it came in at $94.4 million.
- Deferred Taxes carries a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- Going back by year, Deferred Taxes was -$42.58 million in FY2024, $55.67 million in FY2023 (+49.7%), $37.19 million in FY2022 (-88.5%) and $322.01 million in FY2021 (+573.5%).
- The five-year range for quarterly Deferred Taxes is -$108.55 million (Q4 2025) to $147.57 million (Q3 2025).
- Year-over-year, Deferred Taxes increased in three of the last five quarters, with growth averaging 340.6%.
- The fastest year-over-year change in Deferred Taxes over five years came in Q3 2025 (growth of 894.9%), and the weakest in Q1 2022 (a decline of 96.1%).
- Business Quant data shows STLD's Deferred Taxes at $32.67 million (Q1 2026), -$108.55 million (Q4 2025) and $147.57 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 16.20 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | -101.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 16.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 732.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | -27.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 142.00 Mn |
| 10 | Steel Dynamics | 33.09 Bn | 29.96 Bn | 958.97 Mn | 29.98 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Steel Dynamics Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();