---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-005488"
form_type: "8-K"
ticker: "STLD"
cik: "0001022671"
company_name: "STEEL DYNAMICS INC"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T12:52:59.477147+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Steel Dynamics 2024 EPS $9.84, down 33% YoY; Q4 $1.36 vs $2.61

## Summary
- Annual net sales $17.5B (-7% YoY), net income $1.5B (-40% YoY), diluted EPS $9.84 vs $14.64.
- Q4 net sales $3.9B, net income $207M, diluted EPS $1.36; sequential Q3 EPS was $2.05.
- Steel ops op income $1.6B; fabrication $667M; metals recycling $77M (all annual).
- Sinton Texas flat roll division Q4 operating loss $58M; expects positive contributions H1 2025.
- Share repurchases $1.2B (6% of outstanding); liquidity $2.2B; dividends $283M.

## SEC filing metadata
- accession: 0001104659-25-005488
- form_type: 8-K
- ticker: STLD
- cik: 0001022671
- company_name: STEEL DYNAMICS INC
- filed_at: 2025-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022671/000110465925005488/0001104659-25-005488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022671/000110465925005488/tm254167d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-005488
- JSON: https://secwatch.observer/filing/0001104659-25-005488.json
- Plain text: https://secwatch.observer/filing/0001104659-25-005488.txt

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