Steel Dynamics (STLD) Revenue & Revenue Breakdown

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Steel Dynamics Revenue Highlights

Latest Revenue (Y)

$18.80B

Latest Revenue (Q)

$4.34B

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
2024-09-30	$4.34B	-6.28%
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 $4.34B in revenue during Q3 2024, up -6.28% compared to the previous quarter, and up 85.44% 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
Steel Fabrication Operations	$2.80B	$4.25B	$1.76B	$895.23M	$960.66M
Other	$1.16B	$1.26B	$1.25B	-	-
Metals Recycling and Ferrous Resources Operations	$1.40B	-	-	-	-
Steel Operations	$11.60B	$13.80B	$12.62B	$6.87B	$7.61B
Metals Recycling Operations	$1.40B	$1.55B	$1.66B	$820.26M	$972.20M
All Other Segments	$1.16B	-	-	-	-
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 (59.40%), Steel Fabrication Operations (14.33%), Metals Recycling and Ferrous Resources Operations (7.17%), Metals Recycling Operations (7.17%), Other (5.96%), and All Other Segments (5.96%).

Quarterly Revenue by Product

Product/Service	Sep 24	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
Metals Recycling and Ferrous Resources Operations	$394.66M	$390.92M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Steel Fabrication Operations	$446.66M	$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
Steel Operations	$2.75B	$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
All Other Segments	-	$311.11M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other	-	$311.11M	$524.83M	$259.96M	$380.15M	$317.37M	$314.10M	$330.57M	$297.12M	$291.14M	$337.01M	-	-	-	-	-	-	-	-	-
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
Corporate And Other	-	-	-	-	-	-	-	-	-	-	-	$319.69M	$304.25M	$165.71M	$120.17M	$94.27M	$120.34M	$98.33M	$77.33M	$99.64M

Steel Dynamics's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Steel Operations (76.54%), Steel Fabrication Operations (12.45%), and Metals Recycling and Ferrous Resources Operations (11.00%).

Steel Dynamics Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non Us	$1.83B	$512.29M	$537.12M	-	-
U.S.	$16.97B	$20.85B	$17.29B	-	-
Non-U.S.	$1.83B	$1.41B	$1.12B	-	-
U [S]	$16.97B	-	-	-	-
U	-	-	-	$9.09B	$9.93B

Steel Dynamics's latest annual revenue breakdown by geography, as of Dec 23: U.S. (45.14%), U [S] (45.14%), Non Us (4.86%), and Non-U.S. (4.86%).

Quarterly Revenue by Country

Country	Sep 24	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
U [S]	$3.99B	$4.28B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U.S.	-	$4.28B	$7.99B	$4.53B	$4.45B	$4.49B	$5.29B	$5.82B	$5.25B	$5.01B	$4.76B	-	-	-	-	-	-	-	-	-
Non Us	-	$415.51M	$278.64M	$218.59M	$160.81M	$133.06M	$80.01M	$124.15M	$140.57M	$126.85M	$145.54M	-	-	-	-	-	-	-	-	-
Non-U.S.	-	$415.51M	$835.19M	$550.26M	$442.19M	$339.51M	$356.94M	$390.86M	$321.69M	$296.91M	$323.77M	-	-	-	-	-	-	-	-	-
U	-	-	-	-	-	-	-	-	-	-	-	$4.19B	$3.33B	$2.44B	$2.20B	$2.01B	$2.23B	$2.39B	$2.64B	$2.67B

Steel Dynamics's latest quarterly revenue breakdown by geography, as of Sep 24: U [S] (100.00%).

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	$7.44B
CLF	Cleveland-Cliffs	$22.00B	$4.57B
TX	Ternium	$19.03B	$4.74B
STLD	Steel Dynamics	$18.80B	$4.34B
X	United States Steel	$16.04B	$3.85B
RS	Reliance Steel & Aluminum	$14.81B	$3.42B
CMC	Commercial Metals	$7.93B	$1.91B
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 Q3 2024 was $4.34B, a -6.28% decrease from the previous quarter (Q2 2024), and a -5.35% decrease year-over-year (Q3 2023). The company'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). STLD'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).

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 Steel Fabrication Operations, Other, Metals Recycling and Ferrous Resources Operations, Steel Operations, Metals Recycling Operations, and All Other Segments. Steel Fabrication Operations generated $2.8B in revenue, accounting 14.33% of the company's total revenue, down -34.09% year-over-year. Other generated $1.16B in revenue, accounting 5.96% of the company's total revenue, down -7.48% year-over-year. Metals Recycling and Ferrous Resources Operations generated $1.4B in revenue, accounting 7.17% of the company's total revenue Steel Operations generated $11.6B in revenue, accounting 59.40% of the company's total revenue, down -15.93% year-over-year. Metals Recycling Operations generated $1.4B in revenue, accounting 7.17% of the company's total revenue, down -9.32% year-over-year. All Other Segments generated $1.16B in revenue, accounting 5.96% of the company's total revenue

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 59.40% of the company's total revenue.