Quarterly ResultApr 27, 2026, 04:09 PM
STLD Q1 Net Income +85.8% to $403.4M; EPS $2.78; Sales $5.2B
AI Summary
Steel Dynamics Inc. reported strong first-quarter 2026 results with net income attributable to stockholders increasing 85.8% to $403.4 million, or $2.78 diluted EPS, compared to $217.2 million, or $1.44 diluted EPS, in Q1 2025. Total net sales rose 19.1% to $5.20 billion. The company also increased its quarterly dividend to $0.53 per share. The results reflect robust performance across its steel and metals recycling operations, with the aluminum segment still showing an operating loss.
Key Highlights
- Net income attributable to STLD stockholders rose 85.8% to $403.4 million in Q1 2026.
- Diluted earnings per share increased 93.1% to $2.78 for Q1 2026.
- Total net sales grew 19.1% to $5.20 billion in Q1 2026.
- Dividends declared per share increased to $0.53 in Q1 2026 from $0.50 in Q1 2025.
- Steel Operations operating income increased to $555.5 million in Q1 2026 from $228.9 million.
- Metals Recycling Operations operating income rose to $47.5 million in Q1 2026 from $25.7 million.
- Aluminum Operations reported an operating loss of $64.6 million in Q1 2026.
- Net cash provided by operating activities was $148.3 million in Q1 2026.
Price Impact
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