Steel Dynamics (STLD) Interest Expenses (2009 - 2026)
Steel Dynamics (STLD) posted Interest Expenses of $39.12 million for Q2 2026, up 125.1% from $17.38 million a year earlier and up 17.7% from the prior quarter.
Steel Dynamics (STLD) Interest Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expenses at Steel Dynamics was $112.89 million, up 84.6% year-over-year; for FY2025, it was $70.04 million, up 24.3% from FY2024.
- Annual Interest Expenses shows a five-year compound annual growth rate of -5.9% (FY2020 to FY2025).
- In prior years, Steel Dynamics' Interest Expenses was $56.35 million in FY2024 (-26.3%), $76.48 million in FY2023 (-16.4%), $91.54 million in FY2022 (+60.0%) and $57.21 million in FY2021 (-39.7%).
- The Q2 2026 figure stands as the highest quarterly Interest Expenses since Q1 2015.
- On a year-over-year basis, Interest Expenses has increased in each of the last three quarters, with growth averaging 49.1% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q1 2026, with growth of 174.0%; the weakest was Q1 2024, with a decline of 46.8%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $33.24 million (Q1 2026), $26.96 million (Q4 2025) and $13.57 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | - |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | -50.43 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.04 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | -26.00 Mn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 36.00 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | -136.00 Mn |
| 10 | Steel Dynamics | 31.83 Bn | 28.70 Bn | 958.97 Mn | 39.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.12 Mn |
| Mar 31, 2026 | 33.24 Mn |
| Dec 31, 2025 | 26.96 Mn |
| Sep 30, 2025 | 13.57 Mn |
| Jun 30, 2025 | 17.38 Mn |
| Mar 31, 2025 | 12.13 Mn |
| Dec 31, 2024 | 14.58 Mn |
| Sep 30, 2024 | 17.07 Mn |
| Jun 30, 2024 | 12.72 Mn |
| Mar 31, 2024 | 11.98 Mn |
| Dec 31, 2023 | 14.80 Mn |
| Sep 30, 2023 | 18.42 Mn |
| Jun 30, 2023 | 20.77 Mn |
| Mar 31, 2023 | 22.51 Mn |
| Dec 31, 2022 | 23.86 Mn |
| Sep 30, 2022 | 25.35 Mn |
| Jun 30, 2022 | 25.67 Mn |
| Mar 31, 2022 | 16.67 Mn |
| Dec 31, 2021 | 12.34 Mn |
| Sep 30, 2021 | 12.70 Mn |
Steel Dynamics Interest Expenses 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=interest-expenses&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();