Steel Dynamics Inc (STLD) — Capital Reinvestment Ratio
Latest as of March 2026:
0.93x
Steel Dynamics Inc (STLD) has a Capital Reinvestment Ratio of 0.93x as of March 2026, meaning it reinvests 1% of its operating cash flow ($148.32 Million) in capital expenditures ($137.98 Million). See Steel Dynamics Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.93x
Capex / Operating Cash Flow
Operating Cash Flow
$148.32 Million
USD
Capital Expenditures
$137.98 Million
USD
Data as of
Mar 2026
Most recent filing
Steel Dynamics Inc Capital Reinvestment Ratio (1997–2025)
This chart tracks Steel Dynamics Inc's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for Steel Dynamics Inc (1997–2025)
Year-by-year Capital Reinvestment Ratio for Steel Dynamics Inc from 1997 to 2025. For live market cap and broader valuation context, see STLD market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.65x | $1.45 Billion | $948.02 Million | ▼ -35.4% |
| 2024 | 1.01x | $1.84 Billion | $1.87 Billion | ▲ +115.0% |
| 2023 | 0.47x | $3.52 Billion | $1.66 Billion | ▲ +131.1% |
| 2022 | 0.20x | $4.46 Billion | $908.90 Million | ▼ -55.4% |
| 2021 | 0.46x | $2.20 Billion | $1.01 Billion | ▼ -62.4% |
| 2020 | 1.21x | $987.03 Million | $1.20 Billion | ▲ +275.0% |
| 2019 | 0.32x | $1.40 Billion | $451.94 Million | ▲ +91.4% |
| 2018 | 0.17x | $1.42 Billion | $239.39 Million | ▼ -24.2% |
| 2017 | 0.22x | $739.61 Million | $164.94 Million | ▼ -4.0% |
| 2016 | 0.23x | $852.77 Million | $198.16 Million | ▲ +110.8% |
| 2015 | 0.11x | $1.04 Billion | $114.50 Million | ▼ -39.1% |
| 2014 | 0.18x | $617.57 Million | $111.78 Million | ▼ -69.8% |
| 2013 | 0.60x | $312.18 Million | $186.84 Million | ▲ +19.5% |
| 2012 | 0.50x | $446.30 Million | $223.53 Million | ▲ +45.9% |
| 2011 | 0.34x | $486.36 Million | $167.01 Million | ▼ -56.4% |
| 2010 | 0.79x | $169.31 Million | $133.39 Million | ▲ +6.4% |
| 2009 | 0.74x | $445.56 Million | $330.05 Million | ▲ +39.2% |
| 2008 | 0.53x | $775.30 Million | $412.50 Million | ▼ -42.4% |
| 2007 | 0.92x | $428.20 Million | $395.20 Million | ▲ +190.6% |
| 2006 | 0.32x | $404.95 Million | $128.62 Million | ▲ +55.7% |
| 2005 | 0.20x | $310.76 Million | $63.39 Million | ▼ -50.4% |
| 2004 | 0.41x | $247.92 Million | $102.05 Million | ▼ -61.7% |
| 2003 | 1.08x | $127.61 Million | $137.27 Million | ▼ -13.2% |
| 2002 | 1.24x | $115.02 Million | $142.60 Million | ▼ -7.9% |
| 2001 | 1.35x | $67.37 Million | $90.71 Million | ▲ +25.4% |
| 2000 | 1.07x | $102.79 Million | $110.38 Million | ▼ -2.7% |
| 1999 | 1.10x | $114.80 Million | $126.70 Million | ▼ -46.0% |
| 1997 | 2.04x | $85.70 Million | $175.20 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow