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

Steel Dynamics' (STLD) quarterly Work In Process came in at $622.8 million in Q1 2026, up 83.56% year-on-year from $339.3 million in Q1 2025, and up 50.26% quarter-over-quarter from $414.5 million in Q4 2025.

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 $622.8 million for Q1 2026.

  • Work In Process for Q1 2026 came in at $622.8 million, up 83.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $622.8 million (up 83.56% YoY), and the FY2025 annual result was $414.5 million, up 54.07% from the prior year.
  • Work In Process came in at $622.8 million for Q1 2026 at Steel Dynamics, up from $414.5 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $622.8 million in Q1 2026 to a low of $256.1 million in Q4 2022.
  • The 5-year median for Work In Process is $330.2 million (2024), against an average of $350.4 million.
  • Peak annual rise in Work In Process reached 107.78% in 2022, while the deepest fall reached 36.33% in 2022.
  • Steel Dynamics' 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 soared by 50.26% to $622.8 million in 2026.
  • The last three Work In Process figures came in at $622.8 million (Q1 2026), $414.5 million (Q4 2025), and $372.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn
3 ArcelorMittal 51.15 Bn 48.81 Bn -
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 236.73 Mn