Steel Dynamics Inc (STLD)

Quick ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Cash US$ in thousands 769,878 589,464 1,400,890 1,628,420 1,243,870
Short-term investments US$ in thousands 147,811 721,210 628,215 351
Receivables US$ in thousands 1,682,660 1,417,200 1,608,310 2,056,050 1,916,430
Total current liabilities US$ in thousands 2,122,250 2,150,580 2,332,300 2,032,300 2,227,370
Quick ratio 1.16 1.00 1.60 2.12 1.42

December 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($769,878K + $—K + $1,682,660K) ÷ $2,122,250K
= 1.16


Peer comparison

Dec 31, 2025

Company name
Symbol
Quick ratio
Steel Dynamics Inc
STLD
1.16
Commercial Metals Company
CMC
1.78
Nucor Corp
NUE
1.45

See also:

Steel Dynamics Inc Quick Ratio