Growth Metrics

Steel Dynamics (STLD) Gross Margin (2016 - 2025)

Steel Dynamics (STLD) has disclosed Gross Margin for 17 consecutive years, with 11.99% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 58.0% to 11.99% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 13.16% through Dec 2025, down 282.0% year-over-year, with the annual reading at 13.16% for FY2025, 282.0% down from the prior year.
  • Gross Margin hit 11.99% in Q4 2025 for Steel Dynamics, down from 15.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 33.02% in Q4 2021 to a low of 11.14% in Q1 2025.
  • Historically, Gross Margin has averaged 21.21% across 5 years, with a median of 20.82% in 2023.
  • Biggest five-year swings in Gross Margin: surged 1894bps in 2021 and later tumbled -1255bps in 2022.
  • Year by year, Gross Margin stood at 33.02% in 2021, then tumbled by -38bps to 20.46% in 2022, then decreased by -16bps to 17.26% in 2023, then tumbled by -34bps to 11.41% in 2024, then rose by 5bps to 11.99% in 2025.
  • Business Quant data shows Gross Margin for STLD at 11.99% in Q4 2025, 15.7% in Q3 2025, and 13.55% in Q2 2025.