Growth Metrics

Steel Dynamics (STLD) Invested Capital (2016 - 2025)

Steel Dynamics' Invested Capital history spans 17 years, with the latest figure at $9.0 billion for Q4 2025.

  • For Q4 2025, Invested Capital fell 25.9% year-over-year to $9.0 billion; the TTM value through Dec 2025 reached $9.0 billion, down 25.9%, while the annual FY2025 figure was $9.0 billion, 25.9% down from the prior year.
  • Invested Capital for Q4 2025 was $9.0 billion at Steel Dynamics, down from $12.6 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $12.9 billion in Q1 2025 and bottomed at $7.7 billion in Q1 2021.
  • The 5-year median for Invested Capital is $11.4 billion (2023), against an average of $10.9 billion.
  • The largest annual shift saw Invested Capital surged 77.25% in 2021 before it decreased 25.9% in 2025.
  • A 5-year view of Invested Capital shows it stood at $9.2 billion in 2021, then increased by 19.61% to $11.0 billion in 2022, then increased by 6.85% to $11.8 billion in 2023, then increased by 3.11% to $12.1 billion in 2024, then fell by 25.9% to $9.0 billion in 2025.
  • Per Business Quant, the three most recent readings for STLD's Invested Capital are $9.0 billion (Q4 2025), $12.6 billion (Q3 2025), and $12.5 billion (Q2 2025).