Steel Dynamics Inc (STLD)
Working capital turnover
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 18,176,600 | 17,540,400 | 18,795,300 | 22,260,800 | 18,408,800 |
| Total current assets | US$ in thousands | 6,484,170 | 5,431,340 | 6,787,830 | 7,638,020 | 6,901,020 |
| Total current liabilities | US$ in thousands | 2,122,250 | 2,150,580 | 2,332,300 | 2,032,300 | 2,227,370 |
| Working capital turnover | 4.17 | 5.35 | 4.22 | 3.97 | 3.94 |
December 31, 2025 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $18,176,600K ÷ ($6,484,170K – $2,122,250K)
= 4.17
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Steel Dynamics Inc
STLD
4.17
Commercial Metals Company
CMC
3.49
Nucor Corp
NUE
4.19