Steel Dynamics Inc. (STLD) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$253.53 +1.42% NASDAQ • Public Delayed / 60s Snapshot

Steel Dynamics Inc. (STLD) carries a Roarable Rating of C+ (Hold) with 68/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C+ • HOLD / WATCH Cap $36.06B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C+
025507510068
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C · Rk B+
Cash (15)Whales (10)SEC (15)Macro (16)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+4.5% Base Target
$313 Bull$265 Base$207 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:59% Call Buyers ($3.8M)
41% PutsMax Pain: $248.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How STLD Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$501.5M (2.8% FCF Margin)
Revenue$18.18BGross Profit $2.39B (13.2%)Cost of Sales $15.78BOp Profit $1.48B (8.1%)OpEx (R&D/SG&A) $916.2MNet Profit$1.19B (6.5%)Tax/Other $290.4M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $18.80B
FY24
Rev $17.54B
FY25
Rev $18.18B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$18.18B13.2%8.1%$1.19B$501.5M9.4%
FY 2024$17.54B16%11.1%$1.54B-$23.5M13.8%
FY 2023$18.80B44%16.8%$2.45B$2.67B18.3%
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Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring STLD)

  • ✓Live walkthrough of STLD's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
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RQD INSIDER CLUB UPGRADE$49/YEAR
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STLD // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +9.68%▲ RESISTANCE BREAKOUT
2026-10-30O $252.9H $253.2L $246.2C $250.8VOL 806.8K
RES: $246.6SUP: $219.9SMA50: $237.9SMA200: $223.9
$297.5$261.1$224.6$188.2$151.7RES $246.6SUP $219.9$250.82026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

STLD Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
23.5%/yr Implied 5Y Growth

vs. +3.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on STLD today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for STLD. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for STLD today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

STLD Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Steel Dynamics Inc. (STLD)?

In FY 2025 (10-K), STLD converted $18.2B of revenue into a 13.2% gross margin, 8.1% operating margin, and $501.5M in free cash flow (2.8% FCF margin).