Steel Dynamics (STLD) Gross Margin (2009 - 2026)

Steel Dynamics has disclosed Gross Margin across 18 years of filings, most recently posting 14.66% for Q1 2026.

• Gross Margin for Q1 2026 came in at 14.66%, up 353.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.04% (up 63.0% YoY), and the FY2025 annual result was 13.16%, down 282.0% from the prior year.
• Gross Margin came in at 14.66% for Q1 2026 at Steel Dynamics, up from 11.99% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 32.0% in Q1 2022 to a low of 11.14% in Q1 2025.
• The 5-year median for Gross Margin is 17.26% (2023), against an average of 19.06%.
• Peak annual rise in Gross Margin reached 938 bps in 2022, while the deepest fall reached 1255 bps in 2022.
• Steel Dynamics' Gross Margin stood at 20.46% in 2022, then slipped by 16 bps to 17.26% in 2023, then sank by 34 bps to 11.41% in 2024, then gained by 5 bps to 11.99% in 2025, then climbed by 22 bps to 14.66% in 2026.
• The last three Gross Margin figures came in at 14.66% (Q1 2026), 11.99% (Q4 2025), and 15.7% (Q3 2025), per Business Quant data.