Steel Dynamics Inc (STLD)

Inventory turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cost of revenue US$ in thousands 15,812,300 14,737,800 14,749,400 16,142,900 13,046,400
Inventory US$ in thousands 3,738,520 3,113,730 2,894,630 3,129,960 3,531,130
Inventory turnover 4.23 4.73 5.10 5.16 3.69

December 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $15,812,300K ÷ $3,738,520K
= 4.23


Peer comparison

Dec 31, 2025

Company name
Symbol
Inventory turnover
Steel Dynamics Inc
STLD
4.23
Commercial Metals Company
CMC
7.04
Nucor Corp
NUE
5.24

See also:

Steel Dynamics Inc Inventory Turnover