Steel Dynamics reports Q3 EPS $2.74, consensus $2.63

Reports Q3 revenue $4.8B, consensus $4.76B. “Our teams performed exceptionally well in the third quarter, achieving strong financial performance and hitting several operating milestones, while continuing to prioritize the safety and well-being of one another,” said Mark D. Millett, Chairman and Chief Executive Officer. “Consolidated third quarter 2025 operating income improved 33 percent and adjusted EBITDA increased 24 percent sequentially. Our three-year after-tax return-on-invested capital of 15 percent is a testament to our ongoing high-return capital allocation strategy. We are growing, returning significant capital to shareholders, while also maintaining strong returns as compared to best-in-class domestic manufacturers.”