Steel Dynamics, Inc. (NASDAQ: STLD), a leading steel producer and metal recycler, on Monday announced results for the fourth quarter of fiscal 2025, reporting an increase in sales and profit.
- Fourth-quarter sales rose to $4.41 billion from $3.87 billion in the comparable period last year
- Net income attributable to the company was $266.03 million in the December quarter, vs. $207.3 million last year
- On a per-share basis, fourth-quarter earnings jumped to $1.82 from $1.36 in Q4 2024
- During the quarter, total steel shipments reached a record high of 3.30 million tons
- Fourth quarter operating income for steel operations was $322 million, 35% lower than in the third quarter
- Operating income from metals recycling operations was $19 million in Q4, down $13 million sequentially
- The steel fabrication operations generated operating income of $91 million in Q4, lower than $107 million in Q3 2025
- The company issued $800 million in unsecured notes, comprised of $650 million of 4% notes due 2028 and $150 million of 5.25% notes due 2035
- The company generated cash flow from operations of $273 million during the quarter
- Steel Dynamics made $188 million in capital investments, paid cash dividends of $73 million, and repurchased $240 million in the fourth quarter