Metals & Mining
Price
$220.39
-0.62%Market Cap
$31.78B
Day High
$224.40
Day Low
$216.36
Steel Dynamics (STLD) delivered a strong Q1 2026 with revenue surging 19.1% YoY to $5.20B and net income nearly doubling to $403M, driven by significantly improved margins across the business.
Key risk: Significant Cash Decline
Cash and equivalents fell 53.1% YoY to $556.5M from $1.19B, a sharp reduction that could limit financial flexibility for opportunistic investments or to weather a demand downturn. The financing cash outflow of -$222.8M compared to an inflow of $623.3M in the prior year period highlights a meaningful shift in capital activity.
Other Steel companies