Steel Dynamics (STLD) Retained Earnings (2009 - 2026)
Steel Dynamics (STLD) reported Retained Earnings of $16.47 billion for Q2 2026, up 8.6% from $15.17 billion a year earlier and up 2.9% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Steel Dynamics posted Retained Earnings of $15.69 billion, up 6.0% from FY2024.
- Retained Earnings has increased for ten consecutive years, with a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- By year, Retained Earnings came in at $14.8 billion in FY2024 (+9.2%), $13.55 billion in FY2023 (+19.1%), $11.38 billion in FY2022 (+46.6%) and $7.76 billion in FY2021 (+63.1%).
- The Q2 2026 figure ranks as the highest quarterly Retained Earnings in data going back to Q2 2009.
- Year over year, Retained Earnings has now increased in each of the last 39 quarters, with growth averaging 7.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Retained Earnings ranged from 5.2% (Q2 2025) to 72.0% (Q2 2022).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16.02 billion (Q1 2026), $15.69 billion (Q4 2025) and $15.5 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 49.29 Bn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 4.59 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 5.72 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 2.82 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 8.13 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 582.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 33.15 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Steel Dynamics | 33.09 Bn | 29.96 Bn | 958.97 Mn | 16.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.47 Bn |
| Mar 31, 2026 | 16.02 Bn |
| Dec 31, 2025 | 15.69 Bn |
| Sep 30, 2025 | 15.50 Bn |
| Jun 30, 2025 | 15.17 Bn |
| Mar 31, 2025 | 14.94 Bn |
| Dec 31, 2024 | 14.80 Bn |
| Sep 30, 2024 | 14.66 Bn |
| Jun 30, 2024 | 14.41 Bn |
| Mar 31, 2024 | 14.06 Bn |
| Dec 31, 2023 | 13.55 Bn |
| Sep 30, 2023 | 13.19 Bn |
| Jun 30, 2023 | 12.68 Bn |
| Mar 31, 2023 | 11.94 Bn |
| Dec 31, 2022 | 11.38 Bn |
| Sep 30, 2022 | 10.80 Bn |
| Jun 30, 2022 | 9.95 Bn |
| Mar 31, 2022 | 8.80 Bn |
| Dec 31, 2021 | 7.76 Bn |
| Sep 30, 2021 | 6.72 Bn |
API Access
Steel Dynamics Retained Earnings 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=retained-earnings&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();