Steel Dynamics (STLD) Work In Process (2010 - 2026)
Steel Dynamics (STLD) posted Work In Process of $706.6 million for Q2 2026, up 13.45% sequentially from $622.8 million in Q1 2026, and up 88.7% YoY from $374.4 million in Q2 2025.
Steel Dynamics (STLD) Work In Process (2010 - 2026) Analysis & Trends
Steel Dynamics has reported Work In Process for 17 years, with the latest figure at $706.6 million in Q2 2026.
- Quarterly Work In Process rose 88.7% year-over-year to $706.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $706.6 million (up 88.7% YoY) and the FY2025 annual result came in at $414.5 million, up 54.07% from the prior year.
- Work In Process rose to $706.6 million in Q2 2026 per STLD's latest filing, from $622.8 million in the prior quarter.
- Over five years, Work In Process peaked at $706.6 million in Q2 2026 and troughed at $256.1 million in Q4 2022.
- A 5-year average of $370.2 million and a median of $334.8 million in 2024 frame the typical range for Work In Process.
- The widest YoY moves for Work In Process: up 107.78% in 2022, down 36.33% in 2022.
- Over 5 years, Work In Process stood at $256.1 million in 2022, then grew by 15.96% to $296.9 million in 2023, then slipped by 9.4% to $269.0 million in 2024, then surged by 54.07% to $414.5 million in 2025, then jumped by 70.46% to $706.6 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $706.6 million, $622.8 million, and $414.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |