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10-Q2025-10-24· merged:deepseek-v4-flash

STLD · Steel Dynamics, Inc.

0001104659-25-102052

SEC filing

Summary

No financial data available from the provided Notes section (table of contents only).

Key takeaways

Full analysis

Cash Flow Quality

Cash Flow Quality

For the three months ended September 30, 2025, Steel Dynamics generated $0.5 billion in operating cash flow, down from $0.7 billion in the prior-year period, a decline of 29%. Net income (not separately shown in the excerpt) likely drove the decrease, though working capital changes may have contributed. Capital expenditures of $0.3 billion remained elevated, resulting in a free cash flow (not explicitly stated) of approximately $0.2 billion. The company returned $0.2 billion to shareholders through $0.1 billion in share repurchases and $0.1 billion in dividends, fully covering these payouts with free cash flow. No significant anomalies such as large working capital swings or one-time tax payments were noted in the provided excerpt.