Steel Dynamics (STLD) Income After Tax (2009 - 2026)
Steel Dynamics (STLD) recorded Income After Tax of $755.69 million in Q3 2026, up 87.1% from $403.93 million a year earlier and up 42.4% from the prior quarter.
Steel Dynamics (STLD) Income After Tax (2009 - 2026) Analysis & Trends
On a TTM basis, Steel Dynamics' Income After Tax came in at $1.95 billion as of Sep 30, 2026, up 72.3% year-over-year; for FY2025, it came in at $1.19 billion, down 23.4% from FY2024.
- Annual Income After Tax has declined for three straight years, though with a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- Across earlier years, Income After Tax came in at $1.55 billion in FY2024 (-37.2%), $2.47 billion in FY2023 (-36.4%), $3.88 billion in FY2022 (+19.5%) and $3.25 billion in FY2021 (+468.8%).
- The Q3 2026 figure is the highest quarterly Income After Tax since Q2 2023.
- On a year-over-year basis, Income After Tax has increased for five consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- Peak year-over-year performance for Income After Tax in the last five years was growth of 456.3% in Q4 2021, against a decline of 62.9% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $530.79 million (Q2 2026), $400.11 million (Q1 2026) and $264.52 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | 2.78 Bn |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 2.37 Bn |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | 797.80 Mn |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 1.35 Bn |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 1.39 Bn |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 1.89 Bn |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | 1.28 Bn |
| 10 | Steel Dynamics | 31.88 Bn | 28.69 Bn | 1.28 Bn | 755.69 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 755.69 Mn |
| Jun 30, 2026 | 530.79 Mn |
| Mar 31, 2026 | 400.11 Mn |
| Dec 31, 2025 | 264.52 Mn |
| Sep 30, 2025 | 403.93 Mn |
| Jun 30, 2025 | 301.19 Mn |
| Mar 31, 2025 | 217.68 Mn |
| Dec 31, 2024 | 209.87 Mn |
| Sep 30, 2024 | 320.89 Mn |
| Jun 30, 2024 | 431.69 Mn |
| Mar 31, 2024 | 587.50 Mn |
| Dec 31, 2023 | 427.04 Mn |
| Sep 30, 2023 | 579.78 Mn |
| Jun 30, 2023 | 816.18 Mn |
| Mar 31, 2023 | 644.33 Mn |
| Dec 31, 2022 | 639.01 Mn |
| Sep 30, 2022 | 918.48 Mn |
| Jun 30, 2022 | 1.21 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.10 Bn |
Steel Dynamics Income After Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=profit-after-tax&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=profit-after-tax&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();