Steel Dynamics Inc (STLD)
Inventory turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 15,791,630 | 15,330,050 | 14,996,110 | 14,907,250 | 14,737,800 | 14,809,940 | 14,708,580 | 14,625,550 | 14,749,430 | 15,085,630 | 15,637,870 | 16,192,640 | 16,142,950 | 15,853,030 | 15,153,410 | 14,089,490 | 13,046,430 | 11,656,600 | 10,206,960 | 8,751,210 |
| Inventory | US$ in thousands | 3,738,520 | 3,195,660 | 3,260,900 | 3,099,050 | 3,113,730 | 3,044,890 | 3,073,640 | 3,027,140 | 2,894,630 | 2,941,630 | 3,044,010 | 2,988,850 | 3,129,960 | 3,376,530 | 3,647,060 | 3,516,820 | 3,531,130 | 2,894,970 | 2,481,830 | 2,217,530 |
| Inventory turnover | 4.22 | 4.80 | 4.60 | 4.81 | 4.73 | 4.86 | 4.79 | 4.83 | 5.10 | 5.13 | 5.14 | 5.42 | 5.16 | 4.70 | 4.15 | 4.01 | 3.69 | 4.03 | 4.11 | 3.95 |
December 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $15,791,630K ÷ $3,738,520K
= 4.22
Peer comparison
Dec 31, 2025
Dec 31, 2025
Company name
Symbol
Inventory turnover
Steel Dynamics Inc
STLD
4.22
Commercial Metals Company
CMC
7.04
Nucor Corp
NUE
5.24