Steel Dynamics annual capital expenditures (capex)
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Steel Dynamics Capital Expenditures (CapEx) Growth & History (STLD)
Steel Dynamics's capital expenditures (capex) was $948.0M for fiscal 2025.
View full Steel Dynamics company overviewSteel Dynamics annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $948.0M | −$920.0M | −49.25% |
| 2024 | 2024-12-31 | $1.87B | $210.1M | +12.67% |
| 2023 | 2023-12-31 | $1.66B | $749.0M | +82.41% |
| 2022 | 2022-12-31 | $908.9M | −$97.3M | −9.67% |
| 2021 | 2021-12-31 | $1.01B | −$191.8M | −16.01% |
| 2020 | 2020-12-31 | $1.20B | $746.1M | +165.09% |
| 2019 | 2019-12-31 | $451.9M | $212.6M | +88.79% |
| 2018 | 2018-12-31 | $239.4M | $74.5M | +45.14% |
| 2017 | 2017-12-31 | $164.9M | −$33.2M | −16.77% |
| 2016 | 2016-12-31 | $198.2M | $83.7M | +73.06% |
| 2015 | 2015-12-31 | $114.5M | $2.7M | +2.43% |
| 2014 | 2014-12-31 | $111.8M | −$75.1M | −40.17% |
| 2013 | 2013-12-31 | $186.8M | −$36.7M | −16.41% |
| 2012 | 2012-12-31 | $223.5M | $56.5M | +33.84% |
| 2011 | 2011-12-31 | $167.0M | $33.6M | +25.20% |
| 2010 | 2010-12-31 | $133.4M | −$196.7M | −59.58% |
| 2009 | 2009-12-31 | $330.1M | −$82.4M | −19.99% |
| 2008 | 2008-12-31 | $412.5M | $17.3M | +4.38% |
| 2007 | 2007-12-31 | $395.2M | — | — |
Steel Dynamics quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $123.8M | −$164.5M | −57.05% |
| Q1 2026 | 2026-03-31 | $138.0M | −$167.5M | −54.84% |
| Q4 2025 | 2025-12-31 | $188.5M | −$264.7M | −58.41% |
| Q3 2025 | 2025-09-30 | $165.7M | −$455.7M | −73.33% |
| Q2 2025 | 2025-06-30 | $288.3M | −$130.8M | −31.21% |
| Q1 2025 | 2025-03-31 | $305.5M | −$68.8M | −18.38% |
| Q4 2024 | 2024-12-31 | $453.2M | −$61.8M | −12.00% |
| Q3 2024 | 2024-09-30 | $621.4M | $63.0M | +11.28% |
| Q2 2024 | 2024-06-30 | $419.2M | $60.9M | +16.99% |
| Q1 2024 | 2024-03-31 | $374.3M | $148.0M | +65.39% |
| Q4 2023 | 2023-12-31 | $514.9M | $170.7M | +49.61% |
| Q3 2023 | 2023-09-30 | $558.4M | $317.1M | +131.47% |
| Q2 2023 | 2023-06-30 | $358.3M | $194.1M | +118.27% |
| Q1 2023 | 2023-03-31 | $226.3M | $67.0M | +42.04% |
| Q4 2022 | 2022-12-31 | $344.2M | $139.7M | +68.28% |
| Q3 2022 | 2022-09-30 | $241.2M | $26.6M | +12.39% |
| Q2 2022 | 2022-06-30 | $164.1M | −$113.1M | −40.79% |
| Q1 2022 | 2022-03-31 | $159.3M | −$150.5M | −48.58% |
| Q4 2021 | 2021-12-31 | $204.5M | −$138.6M | −40.39% |
| Q3 2021 | 2021-09-30 | $214.6M | −$113.0M | −34.49% |
| Q2 2021 | 2021-06-30 | $277.2M | −$32.5M | −10.50% |
| Q1 2021 | 2021-03-31 | $309.9M | $92.3M | +42.44% |
| Q4 2020 | 2020-12-31 | $343.2M | $184.9M | +116.83% |
| Q3 2020 | 2020-09-30 | $327.6M | $173.5M | +112.58% |
| Q2 2020 | 2020-06-30 | $309.7M | $224.6M | +263.86% |
| Q1 2020 | 2020-03-31 | $217.5M | $163.1M | +299.62% |
| Q4 2019 | 2019-12-31 | $158.3M | $95.3M | +151.55% |
| Q3 2019 | 2019-09-30 | $154.1M | $83.5M | +118.11% |
| Q2 2019 | 2019-06-30 | $85.1M | $29.9M | +54.19% |
| Q1 2019 | 2019-03-31 | $54.4M | $3.8M | +7.57% |
| Q4 2018 | 2018-12-31 | $62.9M | $25.7M | +69.17% |
| Q3 2018 | 2018-09-30 | $70.7M | $27.9M | +65.13% |
| Q2 2018 | 2018-06-30 | $55.2M | $11.9M | +27.57% |
| Q1 2018 | 2018-03-31 | $50.6M | $8.9M | +21.42% |
| Q4 2017 | 2017-12-31 | $37.2M | −$37.8M | −50.41% |
| Q3 2017 | 2017-09-30 | $42.8M | −$17.0M | −28.41% |
| Q2 2017 | 2017-06-30 | $43.3M | $7.6M | +21.26% |
| Q1 2017 | 2017-03-31 | $41.7M | $14.0M | +50.42% |
| Q4 2016 | 2016-12-31 | $75.0M | $46.9M | +167.42% |
| Q3 2016 | 2016-09-30 | $59.8M | $29.5M | +97.37% |
| Q2 2016 | 2016-06-30 | $35.7M | $12.9M | +56.37% |
| Q1 2016 | 2016-03-31 | $27.7M | −$5.6M | −16.92% |
| Q4 2015 | 2015-12-31 | $28.0M | −$836,000 | −2.89% |
| Q3 2015 | 2015-09-30 | $30.3M | $5.8M | +23.46% |
| Q2 2015 | 2015-06-30 | $22.8M | −$10.7M | −31.95% |
| Q1 2015 | 2015-03-31 | $33.4M | $8.5M | +34.26% |
| Q4 2014 | 2014-12-31 | $28.9M | −$11.2M | −27.98% |
| Q3 2014 | 2014-09-30 | $24.5M | −$27.6M | −52.97% |
| Q2 2014 | 2014-06-30 | $33.5M | −$15.7M | −31.89% |
| Q1 2014 | 2014-03-31 | $24.8M | −$20.5M | −45.22% |
| Q4 2013 | 2013-12-31 | $40.1M | −$24.7M | −38.16% |
| Q3 2013 | 2013-09-30 | $52.2M | −$6.2M | −10.59% |
| Q2 2013 | 2013-06-30 | $49.2M | −$5.6M | −10.14% |
| Q1 2013 | 2013-03-31 | $45.3M | −$209,000 | −0.46% |
| Q4 2012 | 2012-12-31 | $64.8M | −$10.4M | −13.79% |
| Q3 2012 | 2012-09-30 | $58.3M | $20.2M | +53.02% |
| Q2 2012 | 2012-06-30 | $54.8M | $19.8M | +56.65% |
| Q1 2012 | 2012-03-31 | $45.6M | $26.9M | +143.70% |
| Q4 2011 | 2011-12-31 | $75.2M | $37.7M | +100.43% |
| Q3 2011 | 2011-09-30 | $38.1M | $13.9M | +57.39% |
| Q2 2011 | 2011-06-30 | $35.0M | −$6.0M | −14.61% |
| Q1 2011 | 2011-03-31 | $18.7M | −$12.0M | −39.08% |
| Q4 2010 | 2010-12-31 | $37.5M | — | — |
| Q3 2010 | 2010-09-30 | $24.2M | −$71.4M | −74.68% |
| Q2 2010 | 2010-06-30 | $41.0M | −$32.2M | −44.02% |
| Q1 2010 | 2010-03-31 | $30.7M | — | — |
| Q3 2009 | 2009-09-30 | $95.7M | −$20.0M | −17.27% |
| Q2 2009 | 2009-06-30 | $73.2M | −$28.1M | −27.72% |
| Q3 2008 | 2008-09-30 | $115.6M | — | — |
| Q2 2008 | 2008-06-30 | $101.2M | — | — |
Steel Dynamics capital expenditures (capex) trends
Over the last five fiscal years, Steel Dynamics's capital expenditures (capex) decreased from $1.20B to $948.0M, a change of −$250.0M. The latest reported quarter, Q2 2026, shows $123.8M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Steel Dynamics source filings ↗