Steel Dynamics (STLD) Inventory Average (2009 - 2026)
Steel Dynamics' (STLD) quarterly Inventory Average came in at $3.8 billion in Q1 2026, up 23.08% year-on-year from $3.1 billion in Q1 2025, and up 10.27% quarter-over-quarter from $3.5 billion in Q4 2025.
Steel Dynamics (STLD) Inventory Average (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Inventory Average across 18 years of filings, most recently posting $3.8 billion for Q1 2026.
- Inventory Average for Q1 2026 came in at $3.8 billion, up 23.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (up 23.08% YoY), and the FY2025 annual result was $3.4 billion, up 14.05% from the prior year.
- Inventory Average came in at $3.8 billion for Q1 2026 at Steel Dynamics, up from $3.5 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $3.8 billion in Q1 2026 to a low of $1.5 billion in Q2 2025.
- The 5-year median for Inventory Average is $3.1 billion (2023), against an average of $3.0 billion.
- Across the five-year window, Inventory Average jumped 73.55% in 2022 and slumped 49.73% in 2025, its largest moves.
- Steel Dynamics' Inventory Average stood at $3.3 billion in 2022, then slipped by 10.3% to $2.9 billion in 2023, then increased by 5.52% to $3.1 billion in 2024, then climbed by 12.59% to $3.5 billion in 2025, then gained by 10.27% to $3.8 billion in 2026.
- The last three Inventory Average figures came in at $3.8 billion (Q1 2026), $3.5 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 4.13 Bn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 5.55 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 3.82 Bn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 2.21 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 4.68 Bn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 235.33 Mn |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 979.60 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 424.30 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 72.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.82 Bn |
| Dec 31, 2025 | 3.47 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 3.11 Bn |
| Dec 31, 2024 | 3.08 Bn |
| Sep 30, 2024 | 3.06 Bn |
| Jun 30, 2024 | 3.05 Bn |
| Mar 31, 2024 | 2.96 Bn |
| Dec 31, 2023 | 2.92 Bn |
| Sep 30, 2023 | 2.99 Bn |
| Jun 30, 2023 | 3.02 Bn |
| Mar 31, 2023 | 3.06 Bn |
| Dec 31, 2022 | 3.25 Bn |
| Sep 30, 2022 | 3.51 Bn |
| Jun 30, 2022 | 3.58 Bn |
| Mar 31, 2022 | 3.52 Bn |
| Dec 31, 2021 | 3.21 Bn |
| Sep 30, 2021 | 2.69 Bn |
| Jun 30, 2021 | 2.35 Bn |