Steel Dynamics (STLD) Tax Rate (2009 - 2026)

Steel Dynamics (STLD) posted Tax Rate of 22.34% for Q2 2026, up 1.36% sequentially from 22.04% in Q1 2026, and down 1.0% YoY from 22.56% in Q2 2025.

Steel Dynamics (STLD) Tax Rate (2009 - 2026) Analysis & Trends

Steel Dynamics has reported Tax Rate for 18 years, with the latest figure at 22.34% in Q2 2026.

Quarterly Tax Rate fell 1.0% year-over-year to 22.34% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.26% (down 230.0% YoY) and the FY2025 annual result came in at 21.0%, down 286.0% from the prior year.
Tax Rate rose to 22.34% in Q2 2026 per STLD's latest filing, from 22.04% in the prior quarter.
Over five years, Tax Rate peaked at 30.2% in Q4 2024 and troughed at 15.75% in Q4 2022.
A 5-year average of 22.58% and a median of 22.8% in 2025 frame the typical range for Tax Rate.
The sharpest annual moves came in 2024 and 2025: Tax Rate soared 895 bps in 2024, then tumbled 1283 bps in 2025.
Over 5 years, Tax Rate stood at 15.75% in 2022, then soared by 35 bps to 21.25% in 2023, then soared by 42 bps to 30.2% in 2024, then slumped by 42 bps to 17.37% in 2025, then advanced by 29 bps to 22.34% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 22.34%, 22.04%, and 17.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Ternium	111.14 Bn	101.25 Bn	941.02 Mn	-4.70%
2	Nucor	56.70 Bn	54.00 Bn	2.03 Bn	21.23%
3	ArcelorMittal	56.04 Bn	51.19 Bn	-	-20.30%
4	Steel Dynamics	33.00 Bn	32.41 Bn	958.97 Mn	22.34%
5	Reliance	19.66 Bn	19.43 Bn	1.30 Bn	24.71%
6	Cleveland-Cliffs	6.60 Bn	6.53 Bn	132.00 Mn	13.16%
7	Gerdau	5.50 Bn	4.36 Bn	558.98 Mn	-27.62%
8	GRUPO SIMEC, S.A.B. de C.V	4.56 Bn	3.00 Bn	-	-
9	Posco Holdings	4.35 Bn	1.86 Bn	1.04 Bn	-88.84%
10	Worthington Steel	1.74 Bn	1.66 Bn	118.80 Mn	-20.81%

Download Data