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Steel Dynamics (STLD) Tax Rate (2016 - 2025)

Steel Dynamics' Tax Rate history spans 16 years, with the latest figure at 23.61% for Q2 2024.

  • For Q2 2024, Tax Rate fell 114.0% year-over-year to 23.61%; the TTM value through Jun 2024 reached 23.08%, down 834.0%, while the annual FY2023 figure was 23.5%, 134.0% up from the prior year.
  • Tax Rate for Q2 2024 was 23.61% at Steel Dynamics, up from 23.28% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.03% in Q1 2023 and bottomed at 22.1% in Q4 2023.
  • The 5-year median for Tax Rate is 23.49% (2024), against an average of 23.59%.
  • The largest annual shift saw Tax Rate skyrocketed 144bps in 2022 before it crashed -175bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 23.37% in 2020, then fell by -3bps to 22.6% in 2021, then grew by 6bps to 23.91% in 2022, then decreased by -8bps to 22.1% in 2023, then grew by 7bps to 23.61% in 2024.
  • Per Business Quant, the three most recent readings for STLD's Tax Rate are 23.61% (Q2 2024), 23.28% (Q1 2024), and 22.1% (Q4 2023).