Business
Steel Dynamics produces steel, recycles ferrous and nonferrous metals and fabricates steel products.
Steel Dynamics grew and remained profitable and cash-positive, but lower cash conversion and inventory growth made major expansion projects the central return test.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 3.6%OK
- Profitability — Net income declined 22.9% to $1.186B from $1.537BWatch
- Cash flow — Free cash flow turned positive at $501.509M from an outflow of $23.503MOK
- Margins — Operating margin contracted 296 bps to 8.12%Watch
- Accounting — Profitable circular metals model with heavy investmentNote
- Insiders — 0 purchases and 7 salesNote
Leadership changes
From STEEL DYNAMICS INC's own filings, the day they're filed.
- James Marcuccilli · Directors · departureeff. 2024-11-04
- Jennifer L. Hamann · director · appointmenteff. 2023-09-15
Latest filings
- 8-K · Company announcement2026-08-14
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-07-28
- 8-K · Company announcement2026-07-21
- 8-K · Company announcement2026-06-18
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about STEEL DYNAMICS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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