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Steel Dynamics (STLD)
NASDAQ:STLD
US Market
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Steel Dynamics (STLD) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 28, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
2.56
Last Year’s EPS
1.36
Same Quarter Last Year
Based on 8 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 20, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive sentiment with strong operational and financial performance, particularly in steel and aluminum operations. However, some challenges remain, including higher aluminum startup losses and potential shipment reductions due to maintenance. Overall, the positives outweigh the negatives, indicating successful execution of strategic initiatives and growth projects.
Company Guidance
In the Steel Dynamics third quarter 2025 earnings call, the company reported significant achievements and guidance across several metrics. They recorded a revenue of $4.8 billion, with an adjusted EBITDA of $664 million and operating income of $508 million. Steel shipments reached a record 3.6 million tons, supported by metal spread expansion due to a $27 per ton decline in average scrap costs, contrasting with a $15 per ton decline in average realized pricing. The company's cash flow from operations was robust at $723 million, and they ended September with liquidity exceeding $2.2 billion. In terms of strategic investments, capital expenditures for 2026 are projected to be between $500 million and $600 million. Steel Dynamics also highlighted their Biocarbon team's inaugural shipment as part of their decarbonization efforts and expressed optimism for their aluminum operations to achieve a monthly EBITDA breakeven by the fourth quarter of 2025. They also noted the impact of recent trade rulings on coated flat rolled steel, which are expected to positively influence demand. Additionally, the company has repurchased $661 million of its common stock during the year, reflecting their strong cash flow generation and commitment to shareholder returns.
Record Steel Shipments
Steel Dynamics achieved record steel shipments of 3,600,000 tons for the third quarter of 2025.
Strong Financial Performance
Revenues reached $4.8 billion, with an adjusted EBITDA of $664 million and cash flow from operations of $723 million.
Growth in Steel Operations
Operating income for steel operations was $498 million, a 30% increase sequentially, supported by a 20% improvement in shipments from Sinton.
Successful Aluminum Qualification
Aluminum operations received early quality certifications, and the division is on track to achieve EBITDA breakeven in the fourth quarter of 2025.
Biocarbon Team Milestone
The Biocarbon team shipped its first product, a significant step in the company's decarbonization efforts.
Metals Recycling Operations
Operating income from metals recycling was $32 million, significantly above sequential second quarter results.

Steel Dynamics (STLD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

STLD Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 28, 2026
2025 (Q4)
2.56 / -
1.36
Oct 20, 2025
2025 (Q3)
2.63 / 2.74
2.0533.66% (+0.69)
Jul 21, 2025
2025 (Q2)
2.24 / 2.01
2.72-26.10% (-0.71)
Apr 22, 2025
2025 (Q1)
1.38 / 1.44
3.67-60.76% (-2.23)
Jan 22, 2025
2024 (Q4)
1.29 / 1.36
2.61-47.89% (-1.25)
Oct 16, 2024
2024 (Q3)
1.98 / 2.05
3.47-40.92% (-1.42)
Jul 17, 2024
2024 (Q2)
2.71 / 2.72
4.81-43.45% (-2.09)
Apr 23, 2024
2024 (Q1)
3.51 / 3.67
4.01-8.48% (-0.34)
Jan 23, 2024
2023 (Q4)
2.63 / 2.61
4.37-40.27% (-1.76)
Oct 18, 2023
2023 (Q3)
3.54 / 3.47
5.46-36.45% (-1.99)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

STLD Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 20, 2025
$146.28$153.82+5.15%
Jul 21, 2025
$134.04$131.76-1.70%
Apr 22, 2025
$116.52$121.58+4.34%
Jan 22, 2025
$121.48$120.97-0.42%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Steel Dynamics (STLD) report earnings?
Steel Dynamics (STLD) is schdueled to report earning on Jan 28, 2026, After Close (Confirmed).
    What is Steel Dynamics (STLD) earnings time?
    Steel Dynamics (STLD) earnings time is at Jan 28, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is STLD EPS forecast?
          STLD EPS forecast for the fiscal quarter 2025 (Q4) is 2.56.

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