For the year ending 2025-12-31, STLD had $180,262K increase in cash & cash equivalents over the period. $501,509K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 1,187,311 | 1,549,956 | 2,467,332 | 3,879,492 |
| Depreciation and amortization | 551,390 | 478,907 | 437,804 | 384,202 |
| Equity-based compensation | 68,983 | 66,589 | 61,744 | 59,240 |
| Deferred income taxes | 94,397 | -42,583 | 55,665 | 37,186 |
| Other adjustments | -10,208 | -5,507 | -19,716 | -1,795 |
| Accounts receivable | 157,456 | -191,108 | -446,765 | 110,560 |
| Inventories | 423,435 | 221,036 | -232,282 | -413,262 |
| Other assets | 77,276 | 13,718 | 23,777 | 6,884 |
| Accounts payable | 206,843 | -67,361 | -30,148 | -289,042 |
| Income taxes receivable/payable | 52,179 | 10,183 | 56,756 | 31,623 |
| Accrued expenses | -43,194 | -102,035 | -164,779 | 63,679 |
| Net cash provided by operating activities | 1,449,534 | 1,844,503 | 3,519,928 | 4,460,403 |
| Purchases of property, plant and equipment | 948,025 | 1,868,006 | 1,657,905 | 908,902 |
| Purchases of short-term investments | 39,571 | 739,340 | 1,145,493 | 927,584 |
| Proceeds from maturities of short-term investments | 186,996 | 1,312,294 | 1,054,742 | 297,950 |
| Business combinations, net of cash acquired | 175,774 | - | - | 134,090 |
| Investments in unconsolidated affiliates | - | - | - | 222,480 |
| Other investing activities | -1,417 | 8,308 | 221,593 | -15,837 |
| Net cash used in investing activities | -974,957 | -1,303,360 | -1,970,249 | -1,879,269 |
| Issuance of current and long-term debt | 3,553,683 | 2,482,919 | 1,365,664 | 1,465,257 |
| Repayment of current and long-term debt | 2,567,864 | 2,324,058 | 1,367,553 | 1,507,475 |
| Dividends paid | 291,176 | 282,616 | 271,317 | 237,163 |
| Purchases of treasury stock | 900,870 | 1,212,164 | 1,452,203 | 1,800,905 |
| Other financing activities | -88,088 | -16,678 | -51,725 | -116,298 |
| Net cash used in financing activities | -294,315 | -1,352,597 | -1,777,134 | -2,196,584 |
| Increase (decrease) in cash and equivalents, and restricted cash | 180,262 | -811,454 | -227,455 | 384,550 |
| Cash and equivalents, and restricted cash at beginning of period | 595,010 | 1,406,464 | 1,633,919 | 1,249,369 |
| Cash and equivalents, and restricted cash at end of period | 775,272 | 595,010 | 1,406,464 | 1,633,919 |
STEEL DYNAMICS INC (STLD)
STEEL DYNAMICS INC (STLD)