Steel Dynamics, Inc. (STLD) capitalization

Current snapshot

Market Cap
$25.96B
144.2M shares × $180.00 · as of last filing 2026-03-31
Net Worth
$9.16B
Stockholders' equity · 2026-03-31
Enterprise Value
$29.60B
Market cap + debt − cash
Net Debt
$3.64B
Debt $4.20B − Cash $556.5M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $25.15B
FY'24 2024-12-31 $17.81B
FY'23 2023-12-31 $19.77B
FY'22 2022-12-31 $18.04B
FY'21 2021-12-31 $12.82B
FY'20 2020-12-31 $7.83B
FY'19 2019-12-31 $7.51B
FY'18 2018-12-31 $7.07B
FY'17 2017-12-31 $10.43B
FY'16 2016-12-31 $8.73B
FY'15 2015-12-31 $4.32B
FY'14 2014-12-31 $4.78B
FY'13 2013-12-31 $4.67B
FY'12 2012-12-31 $3.25B
FY'11 2011-12-31 $3.10B
FY'10 2010-12-31 $4.30B
FY'09 2009-12-31 $3.56B
FY'09 2008-12-31 $2.18B
FY'09 2007-12-31 $11.72B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q1'26 2026-03-31 $26.16B
Q4'25 2025-12-31 $24.56B
Q3'25 2025-09-30 $20.58B
Q2'25 2025-06-30 $19.07B
Q1'25 2025-03-31 $18.86B
Q4'24 2024-12-31 $17.24B
Q3'24 2024-09-30 $19.52B
Q2'24 2024-06-30 $20.41B
Q1'24 2024-03-31 $23.62B
Q4'23 2023-12-31 $18.90B
Q3'23 2023-09-30 $17.81B
Q2'23 2023-06-30 $18.39B
Q1'23 2023-03-31 $19.50B
Q4'22 2022-12-31 $16.90B
Q3'22 2022-09-30 $12.89B
Q2'22 2022-06-30 $12.42B
Q1'22 2022-03-31 $16.12B
Q4'21 2021-12-31 $12.10B
Q3'21 2021-09-30 $11.94B
Q2'21 2021-06-30 $12.59B
Q1'21 2021-03-31 $10.77B
Q4'20 2020-12-31 $7.78B
Q3'20 2020-09-30 $6.07B
Q2'20 2020-06-30 $5.51B
Q1'20 2020-03-31 $4.82B
Q4'19 2019-12-31 $7.30B
Q3'19 2019-09-30 $6.53B
Q2'19 2019-06-30 $6.72B
Q1'19 2019-03-31 $7.93B
Q4'18 2018-12-31 $6.77B
Q3'18 2018-09-30 $10.65B
Q2'18 2018-06-30 $10.89B
Q1'18 2018-03-31 $10.51B
Q4'17 2017-12-31 $10.24B
Q3'17 2017-09-30 $8.30B
Q2'17 2017-06-30 $8.70B
Q1'17 2017-03-31 $8.50B
Q4'16 2016-12-31 $8.67B
Q3'16 2016-09-30 $6.14B
Q2'16 2016-06-30 $6.01B
Q1'16 2016-03-31 $5.51B
Q4'15 2015-12-31 $4.34B
Q3'15 2015-09-30 $4.19B
Q2'15 2015-06-30 $5.05B
Q1'15 2015-03-31 $4.88B
Q4'14 2014-12-31 $4.77B
Q3'14 2014-09-30 $5.48B
Q2'14 2014-06-30 $4.34B
Q1'14 2014-03-31 $4.29B
Q4'13 2013-12-31 $4.35B
Q3'13 2013-09-30 $4.00B
Q2'13 2013-06-30 $3.31B
Q1'13 2013-03-31 $3.78B
Q4'12 2012-12-31 $3.01B
Q3'12 2012-09-30 $2.47B
Q2'12 2012-06-30 $2.77B
Q1'12 2012-03-31 $3.44B
Q4'11 2011-12-31 $2.88B
Q3'11 2011-09-30 $2.34B
Q2'11 2011-06-30 $3.84B
Q1'11 2011-03-31 $4.43B
Q4'10 2010-12-31 $3.98B
Q3'10 2010-09-30 $3.31B
Q2'10 2010-06-30 $3.09B
Q1'11 2010-03-31 $4.10B
Q4'09 2009-12-31 $3.83B
Q3'09 2009-09-30 $3.59B
Q2'09 2009-06-30 $2.81B
Q4'09 2008-12-31 $2.03B
Q3'09 2008-09-30 $3.36B
Q2'09 2008-06-30 $7.83B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (STLD CIK 0001022671), tagged with the us-gaap and dei taxonomies. Filing-anchored figures are rendered server-side: the market cap and enterprise value tiles use the split-adjusted close on the latest reported period-end × shares outstanding, so they reconcile with the equity / debt / cash figures from that same filing. The two price-anchored tiles (market cap + enterprise value) re-anchor on the most recent daily close in the browser when JavaScript is enabled; shares outstanding and debt / cash stay filing-anchored, so the EV bridge still uses the latest statement of financial position. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.

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