Steel Dynamics, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $769.9M | $589.5M | $1.40B | $1.63B | $1.24B | $1.37B | $1.38B | $828.2M |
| Accounts Receivable | $1.68B | $1.42B | $1.61B | $1.98B | $1.91B | $968.0M | $841.4M | $1.04B |
| Inventory | $3.74B | $3.11B | $2.89B | $3.13B | $3.53B | $1.84B | $1.69B | $1.86B |
| Total Current Assets | $6.48B | $5.43B | $6.79B | $7.64B | $6.90B | $4.26B | $4.25B | $4.03B |
| Property, Plant & Equipment | $8.57B | $8.12B | $6.73B | $5.37B | $4.75B | $4.11B | $3.14B | $2.95B |
| Goodwill | $477.5M | $477.5M | $477.5M | $502.1M | $453.8M | $457.2M | $452.9M | $429.6M |
| Intangible Assets (Excl. Goodwill) | $331.3M | $227.2M | $257.8M | $267.5M | $295.3M | $324.6M | $327.9M | $270.3M |
| Total Assets | $16.42B | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | $1.01B | $1.27B | $760.5M | $509.7M | $536.7M |
| Total Current Liabilities | $2.12B | $2.15B | $2.33B | $2.03B | $2.23B | $1.26B | $1.01B | $1.02B |
| Long-Term Debt | $4.18B | $2.80B | $2.61B | $3.01B | $3.01B | $3.02B | $2.64B | $2.35B |
| Total Liabilities | $7.49B | $5.99B | $6.07B | $6.06B | $6.21B | $4.92B | $4.21B | $3.82B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $15.69B | $14.80B | $13.55B | $11.38B | $7.76B | $4.76B | $4.42B | $3.96B |
| Total Stockholders' Equity | $8.96B | $8.93B | $8.87B | $8.13B | $6.30B | $4.35B | $4.08B | $3.94B |