Steel Dynamics Cash Flow Statement
NASDAQ: STLDIndustrialsSteel/Iron OreUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Steel Dynamics free cash flow
In fiscal 2025, Steel Dynamics generated $1.45 billion of operating cash flow and spent $948.0 million on capital expenditures. That left free cash flow of $501.5 million, a free-cash-flow margin of 2.8% of revenue. Steel Dynamics returned $1.19 billion to shareholders: $291.2 million in dividends and $900.9 million in share repurchases, equal to 238% of free cash flow.
Free cash flow covered dividend payments 1.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Steel Dynamics cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.19B | 1.55B | 2.47B | 3.88B | 3.25B | 570.83M | 677.90M | 1.26B | 805.80M | 360.01M |
| Net Income growth (YoY) | -23.40% | -37.18% | -36.40% | +19.49% | +468.79% | -15.79% | -46.02% | +55.85% | +123.83% | — |
| Depreciation & Amortization | 551.39M | 478.91M | 437.80M | 384.20M | 347.65M | 325.79M | 321.08M | 317.20M | 299.00M | 296.11M |
| Stock-Based Compensation | 68.98M | 66.59M | 61.74M | 59.24M | 57.72M | 55.60M | 47.63M | 43.32M | 36.20M | 31.66M |
| Change in Working Capital | -494.52M | -213.04M | 460.34M | 70.45M | -1.66B | -95.92M | 308.64M | -287.90M | -245.85M | -28.45M |
| Operating Cash Flow | 1.45B | 1.84B | 3.52B | 4.46B | 2.20B | 987.03M | 1.40B | 1.42B | 739.42M | 852.76M |
| Capital Expenditures | -948.02M | -1.87B | -1.66B | -908.90M | -1.01B | -1.20B | -451.94M | -239.39M | -164.94M | -198.16M |
| Investing Cash Flow | -974.96M | -1.30B | -1.97B | -1.88B | -999.42M | -993.26M | -576.69M | -895.26M | -139.10M | -312.89M |
| Dividends Paid | -291.18M | -282.62M | -271.32M | -237.16M | -212.97M | -209.25M | -200.27M | -168.91M | -145.56M | -135.77M |
| Share Repurchases | -900.87M | -1.21B | -1.45B | -1.80B | -1.06B | -106.53M | -348.61M | -523.57M | -252.24M | -25.03M |
| Debt Issued | 3.55B | 2.48B | 1.37B | 1.47B | 1.52B | 2.52B | 1.57B | 445.61M | 620.04M | 473.90M |
| Debt Repaid | -2.57B | -2.32B | -1.37B | -1.51B | -1.52B | -2.18B | -1.26B | -455.49M | -609.91M | -728.99M |
| Financing Cash Flow | -294.31M | -1.35B | -1.78B | -2.20B | -1.33B | -7.05M | -266.63M | -720.87M | -413.33M | -425.43M |
| Net Change in Cash | 180.26M | -811.45M | -227.46M | 384.55M | -124.75M | -13.28M | 552.97M | -200.66M | 186.98M | 114.44M |
| Free Cash Flow | 501.51M | -23.50M | 1.86B | 3.55B | 1.20B | -211.02M | 944.35M | 1.18B | 574.49M | 654.60M |
This table shows 10 annual periods of Steel Dynamics's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow STLD's reporting calendar. What is a cash flow statement?