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Steel Dynamics (STLD) Operating Expenses (2016 - 2025)

Steel Dynamics (STLD) has disclosed Operating Expenses for 14 consecutive years, with $184.6 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 4.38% to $184.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $765.3 million through Dec 2025, up 15.24% year-over-year, with the annual reading at $765.3 million for FY2025, 15.24% up from the prior year.
  • Operating Expenses hit $184.6 million in Q4 2025 for Steel Dynamics, down from $200.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $200.8 million in Q3 2025 to a low of $141.2 million in Q2 2023.
  • Historically, Operating Expenses has averaged $168.2 million across 3 years, with a median of $163.9 million in 2024.
  • Biggest YoY gain for Operating Expenses was 23.74% in 2025; the steepest drop was 4.38% in 2025.
  • Year by year, Operating Expenses stood at $157.2 million in 2023, then rose by 12.53% to $176.9 million in 2024, then rose by 4.38% to $184.6 million in 2025.
  • Business Quant data shows Operating Expenses for STLD at $184.6 million in Q4 2025, $200.8 million in Q3 2025, and $198.0 million in Q2 2025.