---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-051064"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:11:27.065062+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics Q1 net income $584M, adj. EBITDA $879M; raises dividend 8%

## Summary
- Q1 net income $584M ($3.67 diluted EPS); adjusted EBITDA $879M; net sales $4.7B.
- Steel shipments 3.3M tons (near-record); steel op income $675M, up 85% sequentially.
- Dividend increased 8% in Q1; $298M share repurchases (1.5% of outstanding shares).
- Cash from ops $355M after $265M profit-sharing; liquidity $3.1B.
- Guidance: strong domestic steel consumption in 2024; new coating lines starting Q2.

## SEC filing metadata
- accession: 0001104659-24-051064
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465924051064/0001104659-24-051064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465924051064/tm2412604d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-051064
- JSON: https://secwatch.observer/filing/0001104659-24-051064.json
- Plain text: https://secwatch.observer/filing/0001104659-24-051064.txt

## Key facts
- Earnings Releases
  STEEL DYNAMICS INC reported first quarter 2024 results: revenue $4.7 billion, net income $584 million, EPS $3.67 per diluted share.
  - Period: first quarter 2024
  - Revenue: $4.7 billion
  - Net income: $584 million
  - EPS: $3.67 per diluted share
  - Result: reported results
  source text: Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced first quarter 2024 financial results. The company reported first quarter 2024 net sales of $4.7 billion and net income of $584 million, or $3.67 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022671/000110465924051064/0001104659-24-051064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.