Steel Dynamics (STLD) Revenue & Revenue Breakdown
Steel Dynamics Revenue Highlights
Latest Revenue (Y)
$18.80B
Latest Revenue (Q)
$4.63B
Main Segment (Y)
Steel Operations
Main Geography (Y)
U.S.
Steel Dynamics Revenue by Period
Steel Dynamics Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $18.80B | -15.57% |
| 2022-12-31 | $22.26B | 20.92% |
| 2021-12-31 | $18.41B | 91.73% |
| 2020-12-31 | $9.60B | -8.43% |
| 2019-12-31 | $10.49B | -11.31% |
| 2018-12-31 | $11.82B | 23.93% |
| 2017-12-31 | $9.54B | 22.65% |
| 2016-12-31 | $7.78B | 2.41% |
| 2015-12-31 | $7.59B | -13.27% |
| 2014-12-31 | $8.76B | 18.76% |
| 2013-12-31 | $7.37B | 1.13% |
| 2012-12-31 | $7.29B | -8.84% |
| 2011-12-31 | $8.00B | 26.93% |
| 2010-12-31 | $6.30B | 59.16% |
| 2009-12-31 | $3.96B | -51.01% |
| 2008-12-31 | $8.08B | 84.30% |
| 2007-12-31 | $4.38B | 35.38% |
| 2006-12-31 | $3.24B | 48.24% |
| 2005-12-31 | $2.18B | 1.86% |
| 2004-12-31 | $2.14B | 117.26% |
| 2003-12-31 | $987.25M | 14.20% |
| 2002-12-31 | $864.49M | 42.42% |
| 2001-12-31 | $606.98M | -12.36% |
| 2000-12-31 | $692.62M | 11.93% |
| 1999-12-31 | $618.80M | 20.20% |
| 1998-12-31 | $514.80M | 22.54% |
| 1997-12-31 | $420.10M | 66.31% |
| 1996-12-31 | $252.60M | 252500.00% |
| 1995-12-31 | $100.00K | - |
Steel Dynamics generated $18.80B in revenue during NA 2023, up -15.57% compared to the previous quarter, and up 158.99% compared to the same period a year ago.
Steel Dynamics Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $4.63B | -1.31% |
| 2024-03-31 | $4.69B | 10.88% |
| 2023-12-31 | $4.23B | -7.71% |
| 2023-09-30 | $4.59B | -9.73% |
| 2023-06-30 | $5.08B | 3.85% |
| 2023-03-31 | $4.89B | 1.39% |
| 2022-12-31 | $4.83B | -14.60% |
| 2022-09-30 | $5.65B | -9.03% |
| 2022-06-30 | $6.21B | 11.54% |
| 2022-03-31 | $5.57B | 4.88% |
| 2021-12-31 | $5.31B | 4.37% |
| 2021-09-30 | $5.09B | 13.95% |
| 2021-06-30 | $4.47B | 25.98% |
| 2021-03-31 | $3.54B | 36.27% |
| 2020-12-31 | $2.60B | 11.60% |
| 2020-09-30 | $2.33B | 11.29% |
| 2020-06-30 | $2.09B | -18.67% |
| 2020-03-31 | $2.58B | 8.63% |
| 2019-12-31 | $2.37B | -6.19% |
| 2019-09-30 | $2.53B | -8.80% |
| 2019-06-30 | $2.77B | -1.67% |
| 2019-03-31 | $2.82B | -2.98% |
| 2018-12-31 | $2.90B | -9.92% |
| 2018-09-30 | $3.22B | 4.30% |
| 2018-06-30 | $3.09B | 18.69% |
| 2018-03-31 | $2.60B | 11.44% |
| 2017-12-31 | $2.34B | -4.38% |
| 2017-09-30 | $2.44B | 2.20% |
| 2017-06-30 | $2.39B | 0.95% |
| 2017-03-31 | $2.37B | 23.95% |
| 2016-12-31 | $1.91B | -9.08% |
| 2016-09-30 | $2.10B | 3.82% |
| 2016-06-30 | $2.02B | 16.23% |
| 2016-03-31 | $1.74B | 9.44% |
| 2015-12-31 | $1.59B | -18.45% |
| 2015-09-30 | $1.95B | -2.70% |
| 2015-06-30 | $2.01B | -2.07% |
| 2015-03-31 | $2.05B | -18.66% |
| 2014-12-31 | $2.52B | 7.61% |
| 2014-09-30 | $2.34B | 13.01% |
| 2014-06-30 | $2.07B | 13.10% |
| 2014-03-31 | $1.83B | -1.83% |
| 2013-12-31 | $1.86B | -2.49% |
| 2013-09-30 | $1.91B | 6.13% |
| 2013-06-30 | $1.80B | 0.31% |
| 2013-03-31 | $1.80B | 5.32% |
| 2012-12-31 | $1.71B | 0.69% |
| 2012-09-30 | $1.69B | -11.33% |
| 2012-06-30 | $1.91B | -3.64% |
| 2012-03-31 | $1.98B | 6.66% |
| 2011-12-31 | $1.86B | -9.06% |
| 2011-09-30 | $2.04B | -1.74% |
| 2011-06-30 | $2.08B | 3.16% |
| 2011-03-31 | $2.02B | 31.92% |
| 2010-12-31 | $1.53B | -3.54% |
| 2010-09-30 | $1.58B | -2.98% |
| 2010-06-30 | $1.63B | 4.95% |
| 2010-03-31 | $1.56B | 31.87% |
| 2009-12-31 | $1.18B | 0.65% |
| 2009-09-30 | $1.17B | 47.98% |
| 2009-06-30 | $792.16M | -2.76% |
| 2009-03-31 | $814.65M | -32.70% |
| 2008-12-31 | $1.21B | -52.79% |
| 2008-09-30 | $2.56B | 6.66% |
| 2008-06-30 | $2.40B | 26.38% |
| 2008-03-31 | $1.90B | 31.09% |
| 2007-12-31 | $1.45B | - |
Steel Dynamics generated $4.63B in revenue during Q2 2024, up -1.31% compared to the previous quarter, and up 94.67% compared to the same period a year ago.
Steel Dynamics Revenue Breakdown
Steel Dynamics Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other | $1.16B | $1.26B | $1.25B | - | - |
| Steel Operations | $11.60B | $13.80B | $12.62B | $6.87B | $7.61B |
| Steel Fabrication Operations | $2.80B | $4.25B | $1.76B | $895.23M | $960.66M |
| Metals Recycling Operations | $1.40B | $1.55B | $1.66B | $820.26M | $972.20M |
| Corporate And Other | - | - | - | $500.50M | $388.55M |
Steel Dynamics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Steel Operations (68.38%), Steel Fabrication Operations (16.49%), Metals Recycling Operations (8.26%), and Other (6.87%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other | $311.11M | $524.83M | $259.96M | $380.15M | $317.37M | $314.10M | $330.57M | $297.12M | $291.14M | $337.01M | - | - | - | - | - | - | - | - | - | - |
| Metals Recycling and Ferrous Resources Operations | $390.92M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Steel Operations | $3.13B | $5.63B | $3.12B | $2.85B | $2.79B | $3.51B | $3.93B | $3.57B | $3.63B | $3.50B | $3.09B | $2.40B | $1.80B | $1.63B | $1.58B | $1.86B | $1.69B | $1.84B | $2.04B | $2.04B |
| All Other Segments | $311.11M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Steel Fabrication Operations | $446.10M | $1.15B | $779.37M | $868.70M | $1.09B | $1.14B | $1.09B | $929.84M | $679.96M | $493.45M | $330.71M | $256.96M | $217.90M | $241.44M | $214.95M | $220.94M | $245.88M | $245.91M | $240.44M | $228.43M |
| Metals Recycling Operations | $390.92M | $649.98M | $368.56M | $382.80M | $293.02M | $328.19M | $476.09M | $448.04M | $415.01M | $430.09M | $449.87M | $363.88M | $256.58M | $202.03M | $126.82M | $234.83M | $193.56M | $230.09M | $262.83M | $285.73M |
| Corporate And Other | - | - | - | - | - | - | - | - | - | - | $319.69M | $304.25M | $165.71M | $120.17M | $94.27M | $120.34M | $98.33M | $77.33M | $99.64M | $113.25M |
Steel Dynamics's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Steel Operations (62.88%), Steel Fabrication Operations (8.95%), Metals Recycling and Ferrous Resources Operations (7.84%), Metals Recycling Operations (7.84%), Other (6.24%), and All Other Segments (6.24%).
Steel Dynamics Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| U.S. | $16.97B | $20.85B | $17.29B | - | - |
| Non-U.S. | $1.83B | $1.41B | $1.12B | - | - |
| U | - | - | - | $9.09B | $9.93B |
| Non Us | - | - | - | $512.29M | $537.12M |
Steel Dynamics's latest annual revenue breakdown by geography, as of Dec 23: U.S. (90.28%), and Non-U.S. (9.72%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non Us | $415.51M | $278.64M | $218.59M | $160.81M | $133.06M | $80.01M | $124.15M | $140.57M | $126.85M | $145.54M | $138.32M | - | - | - | - | - | - | - | - | - |
| Non-U.S. | $415.51M | $835.19M | $550.26M | $442.19M | $339.51M | $356.94M | $390.86M | $321.69M | $296.91M | $323.77M | - | - | - | - | - | - | - | - | - | - |
| U [S] | $4.28B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| U.S. | $4.28B | $7.99B | $4.53B | $4.45B | $4.49B | $5.29B | $5.82B | $5.25B | $5.01B | $4.76B | - | - | - | - | - | - | - | - | - | - |
| U | - | - | - | - | - | - | - | - | - | - | $4.19B | $3.33B | $2.44B | $2.20B | $2.01B | $2.23B | $2.39B | $2.64B | $2.67B | $3.09B |
Steel Dynamics's latest quarterly revenue breakdown by geography, as of Mar 24: U [S] (45.57%), U.S. (45.57%), Non Us (4.43%), and Non-U.S. (4.43%).
Steel Dynamics Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PKX | POSCO | $77.13T | $18.10T |
| GGB | Gerdau | $68.92B | $16.21B |
| MT | ArcelorMittal | $68.28B | $16.28B |
| NUE | Nucor | $34.71B | $8.08B |
| CLF | Cleveland-Cliffs | $22.00B | $5.09B |
| TX | Ternium | $19.03B | $4.74B |
| STLD | Steel Dynamics | $18.80B | $4.63B |
| X | United States Steel | $16.04B | $3.85B |
| RS | Reliance Steel & Aluminum | $14.81B | $3.42B |
| CMC | Commercial Metals Company | $7.93B | $2.08B |
| SCHN | Schnitzer Steel Industries | $2.88B | $621.06M |
| ZEUS | Olympic Steel | $2.56B | $470.00M |
STLD Revenue FAQ
What is Steel Dynamics’s yearly revenue?
Steel Dynamics's yearly revenue for 2023 was $18.8B, representing a decrease of -15.57% compared to 2022. The company's yearly revenue for 2022 was $22.26B, representing an increase of 20.92% compared to 2021. STLD's yearly revenue for 2021 was $18.41B, representing an increase of 91.73% compared to 2020.
What is Steel Dynamics’s quarterly revenue?
Steel Dynamics's quarterly revenue for Q2 2024 was $4.63B, a -1.31% decrease from the previous quarter (Q1 2024), and a -8.84% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $4.69B, a 10.88% increase from the previous quarter (Q4 2023), and a -4.07% decrease year-over-year (Q1 2023). STLD's quarterly revenue for Q4 2023 was $4.23B, a -7.71% decrease from the previous quarter (Q3 2023), and a -12.28% decrease year-over-year (Q4 2022).
What is Steel Dynamics’s revenue growth rate?
Steel Dynamics's revenue growth rate for the last 3 years (2021-2023) was 2.10%, and for the last 5 years (2019-2023) was 79.25%.
What are Steel Dynamics’s revenue streams?
Steel Dynamics's revenue streams in c 23 are Other, Steel Operations, Steel Fabrication Operations, and Metals Recycling Operations. Other generated $1.16B in revenue, accounting 6.87% of the company's total revenue, down -7.48% year-over-year. Steel Operations generated $11.6B in revenue, accounting 68.38% of the company's total revenue, down -15.93% year-over-year. Steel Fabrication Operations generated $2.8B in revenue, accounting 16.49% of the company's total revenue, down -34.09% year-over-year. Metals Recycling Operations generated $1.4B in revenue, accounting 8.26% of the company's total revenue, down -9.32% year-over-year.
What is Steel Dynamics’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Steel Dynamics was Steel Operations. This segment made a revenue of $11.6B, representing 68.38% of the company's total revenue.