Steel Dynamics (STLD) Intangibles (2009 - 2026)
Steel Dynamics' (STLD) quarterly Intangibles came in at $323.5 million in Q1 2026, up 46.82% year-on-year from $220.3 million in Q1 2025, and down 2.35% quarter-over-quarter from $331.3 million in Q4 2025.
Steel Dynamics (STLD) Intangibles (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Intangibles across 18 years of filings, most recently posting $323.5 million for Q1 2026.
- Intangibles for Q1 2026 came in at $323.5 million, up 46.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $323.5 million (up 46.82% YoY), and the FY2025 annual result was $331.3 million, up 45.79% from the prior year.
- Intangibles came in at $323.5 million for Q1 2026 at Steel Dynamics, down from $331.3 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $569.1 million in Q4 2022 to a low of $206.5 million in Q3 2025.
- The 5-year median for Intangibles is $260.6 million (2023), against an average of $277.8 million.
- Across the five-year window, Intangibles jumped 92.68% in 2022 and slumped 54.7% in 2023, its largest moves.
- Steel Dynamics' Intangibles stood at $569.1 million in 2022, then plunged by 54.7% to $257.8 million in 2023, then fell by 11.84% to $227.2 million in 2024, then jumped by 45.79% to $331.3 million in 2025, then declined by 2.35% to $323.5 million in 2026.
- The last three Intangibles figures came in at $323.5 million (Q1 2026), $331.3 million (Q4 2025), and $206.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 1.01 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 4.89 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 5.49 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 323.49 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 953.00 Mn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 1.10 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 87.00 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 23.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 323.49 Mn |
| Dec 31, 2025 | 331.29 Mn |
| Sep 30, 2025 | 206.55 Mn |
| Jun 30, 2025 | 213.44 Mn |
| Mar 31, 2025 | 220.34 Mn |
| Dec 31, 2024 | 227.23 Mn |
| Sep 30, 2024 | 234.81 Mn |
| Jun 30, 2024 | 242.45 Mn |
| Mar 31, 2024 | 250.10 Mn |
| Dec 31, 2023 | 257.76 Mn |
| Sep 30, 2023 | 265.85 Mn |
| Jun 30, 2023 | 274.01 Mn |
| Mar 31, 2023 | 260.63 Mn |
| Dec 31, 2022 | 569.06 Mn |
| Sep 30, 2022 | 276.59 Mn |
| Jun 30, 2022 | 281.02 Mn |
| Mar 31, 2022 | 288.18 Mn |
| Dec 31, 2021 | 295.35 Mn |
| Sep 30, 2021 | 302.52 Mn |
| Jun 30, 2021 | 309.70 Mn |