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Steel Dynamics (STLD)
NASDAQ:STLD
US Market
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Steel Dynamics (STLD) Operating Income by Segment

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Operating Income by Segment

Shows the profit generated from each business segment, highlighting which areas are driving profitability and which may need strategic adjustments.
Steel operations are the profit engine—higher shipments, above‑industry utilization and improving realized prices have driven a clear recovery and underpin free‑cash‑flow and capital returns. Fabrication and recycling look steadier and seasonally poised to contribute, but aluminum is a near‑term drag from startup quality, inventory and working‑capital hits; management’s ramp and certification progress make it a meaningful optionality if throughput and cost trends normalize. Treat large swings in “Other” as episodic noise rather than core earnings momentum.
Date
Other
Steel Operations
Metals Recycling
Steel Fabrication
Aluminum
Mar 31, 2026
-$90.95M$556.56M$47.47M$89.51M-$64.59M
Dec 31, 2025
-$74.20M$322.34M$18.64M$90.55M-$47.10M
Sep 30, 2025
-$72.05M$496.79M$31.53M$107.02M-$56.51M
Jun 30, 2025
-$97.55M$719.84M$47.82M$84.59M-$49.86M
Mar 31, 2025
-$68.54M$229.96M$25.71M$116.75M-$28.73M
Dec 31, 2024
$549.37M$164.99M$142.19M$23.36M-$28.90K
Sep 30, 2024
-$60.15M$301.25M$6.13M$165.59M-$22.02M
Jun 30, 2024
-$73.94M$438.62M$28.23M$180.74M-$19.25M
Mar 31, 2024
-$97.87M$670.93M$18.73M$178.34M$0.00
Dec 31, 2023
-$320.81M$366.86M$1.98M$249.89M$0.00