Steel Dynamics, Inc. (STLD) Return on equity 2016–2025
Steel Dynamics, Inc. (STLD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.2%FY2025 · since FY2016: 12.3% → 13.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.2% | -4.0 pp |
| FY2024 | 17.2% | -10.4 pp |
| FY2023 | 27.6% | -19.9 pp |
| FY2022 | 47.5% | -3.5 pp |
| FY2021 | 51.0% | +37.8 pp |
| FY2020 | 13.1% | -3.5 pp |
| FY2019 | 16.6% | -15.3 pp |
| FY2018 | 31.9% | +7.9 pp |
| FY2017 | 24.0% | +11.7 pp |
| FY2016 | 12.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More STLD financial trends
STLD RevenueSTLD Net incomeSTLD Net marginSTLD Gross profitSTLD Gross marginSTLD Operating incomeSTLD Operating marginSTLD Operating cash flowSTLD Free cash flowSTLD Capital expendituresSTLD Stock buybacksSTLD Dividends paidSTLD Total assetsSTLD Total liabilitiesSTLD Shareholders’ equitySTLD overview →