Steel Dynamics, Inc. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

5,204.86

4,414.05

4,828.22

4,565.12

4,369.19

3,872.14

4,341.61

Other Operating Income

0.00

Total Operating income

5,204.86

4,414.05

4,828.22

4,565.12

4,369.19

3,872.14

4,341.61

Raw Material Cost

4,449.44

3,891.98

4,077.22

3,953.55

3,889.55

3,457.73

3,744.04

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

19.75

0.00

Power Cost

0.00

Manufacturing Expenses

33.24

26.96

13.57

17.38

12.13

14.58

17.07

Selling and Distribution Expenses

217.42

211.84

243.23

228.72

204.50

176.90

202.14

Other Expenses

-3.32

-2.70

-1.36

-1.74

-1.21

-3.43

-1.71

Total Expenditure (Excl Depreciation)

4,666.85

4,103.82

4,320.46

4,182.27

4,094.05

3,634.64

3,946.18

Operating Profit (PBDIT) excl Other Income

538

310.2

507.8

382.9

275.1

237.5

395.4

Other Income

8.45

27.33

19.66

22.39

17.64

21.04

29.66

Operating Profit (PBDIT)

705.73

483.85

665.91

538.11

426.54

384.09

546.15

Interest

33.24

26.96

13.57

17.38

12.13

14.58

17.07

Exceptional Items

0.00

Gross Profit (PBDT)

755.42

522.07

750.99

611.57

479.65

414.41

597.57

Depreciation

159.28

146.28

138.49

132.87

133.76

125.55

121.05

Profit Before Tax

513.21

310.61

513.85

387.87

280.65

243.96

408.02

Tax

113.11

46.09

109.92

86.67

62.98

34.09

87.13

Provisions and contingencies

0.00

Profit After Tax

403.44

266.03

403.69

298.73

217.15

207.29

317.80

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

403.44

266.03

403.69

298.73

217.15

207.29

317.80

Share in Profit of Associates

0.00

Minority Interest

-3.33

-1.52

0.24

2.46

0.53

2.58

3.09

Other related items

0.00

Consolidated Net Profit

400.11

264.51

403.93

301.19

217.68

209.87

320.89

Equity Capital

0.00

Face Value

0.0

Reserves

9,164.86

8,957.18

8,995.14

8,864.05

8,824.71

8,934.29

9,081.50

Earnings per share (EPS)

2.78

1.82

2.73

2.01

1.44

1.36

2.05

Diluted Earnings per share

2.78

1.82

2.73

2.01

1.44

1.36

2.05

Operating Profit Margin (Excl OI)

10.34%

7.03%

10.52%

8.39%

6.3%

6.13%

9.11%

Gross Profit Margin

12.92%

10.35%

13.51%

11.41%

9.48%

9.54%

12.19%

PAT Margin

7.75%

6.03%

8.36%

6.54%

4.97%

5.35%

7.32%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 17.92% vs -8.58% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 51.27% vs -34.51% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 52.75% vs -29.36% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 22.96% vs 98.53% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of Steel Dynamics, Inc. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(USD)

Change(%)

Net Sales

5,204.86

7,687.00

-2,482.14

-32.29%

Other Operating Income

0.00

Total Operating income

5,204.86

7,687.00

-2,482.14

-32.29%

Raw Material Cost

4,449.44

6,814.00

-2,364.56

-34.70%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

33.24

32.00

1.24

3.88%

Selling and Distribution Expenses

217.42

334.00

-116.58

-34.90%

Other Expenses

-3.32

-3.20

-0.12

-3.75%

Total Expenditure (Excl Depreciation)

4,666.85

7,148.00

-2,481.15

-34.71%

Operating Profit (PBDIT) excl Other Income

538.00

539.00

-1.00

-0.19%

Other Income

8.45

20.00

-11.55

-57.75%

Operating Profit (PBDIT)

705.73

938.00

-232.27

-24.76%

Interest

33.24

32.00

1.24

3.88%

Exceptional Items

0.00

-26.00

26.00

100.00%

Gross Profit (PBDT)

755.42

873.00

-117.58

-13.47%

Depreciation

159.28

379.00

-219.72

-57.97%

Profit Before Tax

513.21

501.00

12.21

2.44%

Tax

113.11

78.00

35.11

45.01%

Provisions and contingencies

0.00

Profit After Tax

403.44

376.00

27.44

7.30%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

403.44

376.00

27.44

7.30%

Share in Profit of Associates

0.00

Minority Interest

-3.33

45.00

-48.33

-107.40%

Other related items

0.00

Consolidated Net Profit

400.11

421.00

-20.89

-4.96%

Equity Capital

0.00

Face Value

0.00

0.40

0.00

Reserves

9,164.86

20,936.00

-11,771.14

-56.22%

Earnings per share (EPS)

2.78

1.64

1.14

69.51%

Diluted Earnings per share

2.78

1.64

1.14

69.51%

Operating Profit Margin (Excl OI)

10.34%

7.01%

0.00

3.33%

Gross Profit Margin

12.92%

11.45%

0.00

1.47%

PAT Margin

7.75%

4.89%

0.00

2.86%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 520.49 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 17.92% vs -8.58% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 19.13% vs -6.92% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 40.01 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 51.27% vs -34.51% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 83.79% vs -62.94% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 69.73 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 52.75% vs -29.36% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 70.53% vs -52.79% in Mar 2025

Quarterly - Interest

Interest 3.32 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 22.96% vs 98.53% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 174.38% vs 0.83% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 10.34%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025