Steel Dynamics (STLD) Operating Income (2009 - 2026)
Steel Dynamics (STLD) posted Operating Income of $700.5 million for Q2 2026, up 30.2% sequentially from $538.0 million in Q1 2026, and up 82.96% YoY from $382.9 million in Q2 2025.
Steel Dynamics (STLD) Operating Income (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Operating Income for 18 years, with the latest figure at $700.5 million in Q2 2026.
- Quarterly Operating Income rose 82.96% year-over-year to $700.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.1 billion (up 59.3% YoY) and the FY2025 annual result came in at $1.5 billion, down 24.04% from the prior year.
- Operating Income improved to $700.5 million in Q2 2026 per STLD's latest filing, from $538.0 million in the prior quarter.
- Over five years, Operating Income peaked at $1.6 billion in Q2 2022 and troughed at $237.5 million in Q4 2024.
- A 5-year average of $716.7 million and a median of $629.8 million in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2025: Operating Income soared 151.58% in 2022, then tumbled 63.36% in 2025.
- Over 5 years, Operating Income stood at $759.0 million in 2022, then sank by 31.69% to $518.5 million in 2023, then plunged by 54.2% to $237.5 million in 2024, then surged by 30.62% to $310.2 million in 2025, then jumped by 125.79% to $700.5 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $700.5 million, $538.0 million, and $310.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.01 Bn | 102.12 Bn | 941.02 Mn | 1.37 Bn |
| 2 | Nucor | 57.23 Bn | 54.53 Bn | 2.03 Bn | 1.63 Bn |
| 3 | ArcelorMittal | 56.33 Bn | 51.48 Bn | - | - |
| 4 | Steel Dynamics | 33.19 Bn | 32.60 Bn | 958.97 Mn | 700.48 Mn |
| 5 | Reliance | 19.85 Bn | 19.61 Bn | 1.30 Bn | 441.60 Mn |
| 6 | Cleveland-Cliffs | 6.62 Bn | 6.55 Bn | 132.00 Mn | -49.00 Mn |
| 7 | Gerdau | 5.51 Bn | 4.37 Bn | 558.98 Mn | 623.80 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.36 Bn | 1.86 Bn | 1.04 Bn | 143.68 Mn |
| 10 | Worthington Steel | 1.73 Bn | 1.65 Bn | 118.80 Mn | -74.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 700.48 Mn |
| Mar 31, 2026 | 538.00 Mn |
| Dec 31, 2025 | 310.23 Mn |
| Sep 30, 2025 | 507.76 Mn |
| Jun 30, 2025 | 382.86 Mn |
| Mar 31, 2025 | 275.14 Mn |
| Dec 31, 2024 | 237.50 Mn |
| Sep 30, 2024 | 395.44 Mn |
| Jun 30, 2024 | 559.12 Mn |
| Mar 31, 2024 | 750.98 Mn |
| Dec 31, 2023 | 518.54 Mn |
| Sep 30, 2023 | 733.55 Mn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 835.36 Mn |
| Dec 31, 2022 | 759.05 Mn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.62 Bn |
| Mar 31, 2022 | 1.49 Bn |
| Dec 31, 2021 | 1.43 Bn |
| Sep 30, 2021 | 1.32 Bn |