Steel Dynamics (STLD) Inventory (2009 - 2026)
Steel Dynamics' (STLD) quarterly Inventory came in at $3.9 billion in Q1 2026, up 26.11% year-on-year from $3.1 billion in Q1 2025, and up 4.54% quarter-over-quarter from $3.7 billion in Q4 2025.
Steel Dynamics (STLD) Inventory (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Inventory across 18 years of filings, most recently posting $3.9 billion for Q1 2026.
- Inventory for Q1 2026 came in at $3.9 billion, up 26.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 26.11% YoY), and the FY2025 annual result was $3.7 billion, up 20.07% from the prior year.
- Inventory came in at $3.9 billion for Q1 2026 at Steel Dynamics, up from $3.7 billion in the prior quarter.
- In the past five years, Inventory ranged from a high of $3.9 billion in Q1 2026 to a low of -$32.3 million in Q2 2025.
- The 5-year median for Inventory is $3.1 billion (2025), against an average of $3.0 billion.
- Across the five-year window, Inventory surged 58.59% in 2022 and sank 101.05% in 2025, its largest moves.
- Steel Dynamics' Inventory stood at $3.1 billion in 2022, then declined by 7.52% to $2.9 billion in 2023, then gained by 7.57% to $3.1 billion in 2024, then climbed by 20.07% to $3.7 billion in 2025, then climbed by 4.54% to $3.9 billion in 2026.
- The last three Inventory figures came in at $3.9 billion (Q1 2026), $3.7 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 4.17 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 5.64 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 3.91 Bn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 2.23 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 4.59 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 62.42 Mn |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 19.87 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 435.60 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 69.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.91 Bn |
| Dec 31, 2025 | 3.74 Bn |
| Sep 30, 2025 | 3.20 Bn |
| Jun 30, 2025 | -32.30 Mn |
| Mar 31, 2025 | 3.10 Bn |
| Dec 31, 2024 | 3.11 Bn |
| Sep 30, 2024 | 3.04 Bn |
| Jun 30, 2024 | 3.07 Bn |
| Mar 31, 2024 | 3.03 Bn |
| Dec 31, 2023 | 2.89 Bn |
| Sep 30, 2023 | 2.94 Bn |
| Jun 30, 2023 | 3.04 Bn |
| Mar 31, 2023 | 2.99 Bn |
| Dec 31, 2022 | 3.13 Bn |
| Sep 30, 2022 | 3.38 Bn |
| Jun 30, 2022 | 3.65 Bn |
| Mar 31, 2022 | 3.52 Bn |
| Dec 31, 2021 | 3.53 Bn |
| Sep 30, 2021 | 2.89 Bn |
| Jun 30, 2021 | 2.48 Bn |