Steel Dynamics STLD
NASDAQ STLD
$236.66 -4.03 (-1.67%)
As of: Sep 10, 2026 · 2:03 PM EDT

Steel Dynamics (STLD) Work In Process (2010 - 2026)

Steel Dynamics' (STLD) quarterly Work In Process came in at $706.6 million in Q2 2026, up 88.7% year-over-year from $374.4 million in Q2 2025, and up 13.45% quarter-over-quarter from $622.8 million in Q1 2026.

Analysis

Steel Dynamics (STLD) Work In Process (2010 - 2026) Analysis & Trends

Steel Dynamics has disclosed Work In Process across 17 years of filings, most recently posting $706.6 million for Q2 2026.

  • In Q2 2026, Work In Process rose 88.7% year-over-year to $706.6 million; the TTM figure through Jun 2026 stood at $706.6 million (up 88.7% YoY), while the FY2025 annual figure was $414.5 million, up 54.07% from the prior year.
  • Work In Process came in at $706.6 million for Q2 2026 at Steel Dynamics, up from $622.8 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $706.6 million in Q2 2026 to a low of $256.1 million in Q4 2022.
  • Average Work In Process over 5 years is $370.2 million, with a median of $334.8 million recorded in 2024.
  • The largest YoY upside for Work In Process was 107.78% in 2022 against a maximum downside of 36.33% in 2022.
  • Over 5 years, Work In Process stood at $256.1 million in 2022, then advanced by 15.96% to $296.9 million in 2023, then retreated by 9.4% to $269.0 million in 2024, then soared by 54.07% to $414.5 million in 2025, then surged by 70.46% to $706.6 million in 2026.
  • Per Business Quant data, the three most recent Work In Process figures were $706.6 million in Q2 2026, $622.8 million in Q1 2026, and $414.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 112.24 Bn 102.35 Bn 941.02 Mn
2 Nucor 58.03 Bn 55.33 Bn 2.03 Bn
3 Steel Dynamics 34.16 Bn 33.57 Bn 958.97 Mn
4 Gerdau 10.06 Bn 8.99 Bn 558.98 Mn
5 Commercial Metals 7.42 Bn 6.86 Bn 455.14 Mn
6 Cleveland-Cliffs 6.73 Bn 6.66 Bn 132.00 Mn
7 Posco Holdings 4.66 Bn -5.01 Bn 1.11 Bn
8 GRUPO SIMEC, S.A.B. de C.V 4.41 Bn 2.86 Bn -
9 National Steel 1.76 Bn -1.07 Bn 579.08 Mn
10 SunCoke Energy 864.71 Mn 822.01 Mn 100.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 706.55 Mn
Mar 31, 2026 622.81 Mn
Dec 31, 2025 414.49 Mn
Sep 30, 2025 372.26 Mn
Jun 30, 2025 374.43 Mn
Mar 31, 2025 339.29 Mn
Dec 31, 2024 269.03 Mn
Sep 30, 2024 287.01 Mn
Jun 30, 2024 316.02 Mn
Mar 31, 2024 330.22 Mn
Dec 31, 2023 296.93 Mn
Sep 30, 2023 341.04 Mn
Jun 30, 2023 305.69 Mn
Mar 31, 2023 291.54 Mn
Dec 31, 2022 256.07 Mn
Sep 30, 2022 314.66 Mn
Jun 30, 2022 388.83 Mn
Mar 31, 2022 435.90 Mn
Dec 31, 2021 402.21 Mn
Sep 30, 2021 305.29 Mn