Steel Dynamics Inc (STLD) — Cash Flow Quality Index

Latest as of March 2026: 0.37x

Steel Dynamics Inc (STLD) has a Cash Flow Quality Index of 0.37x as of March 2026. Operating cash flow of $148.32 Million is below net income of $400.11 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash efficiency ratio of Steel Dynamics Inc to assess how effectively this company generates cash.

Cash Flow Quality Index

0.37x
Operating CF / Net Income

Operating Cash Flow

$148.32 Million
USD

Net Income

$400.11 Million
USD

Data as of

Mar 2026
Most recent filing

Steel Dynamics Inc Cash Flow Quality Index (1997–2025)

Historical Cash Flow Quality Index for Steel Dynamics Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check STLD cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Steel Dynamics Inc (1997–2025)

Year-by-year earnings quality comparison for Steel Dynamics Inc. For live market cap and the full company financial profile, see STLD company net worth.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.22x $1.45 Billion $1.19 Billion ▲ +2.7%
2024 1.19x $1.84 Billion $1.55 Billion ▼ -17.1%
2023 1.44x $3.52 Billion $2.45 Billion ▲ +24.9%
2022 1.15x $4.46 Billion $3.88 Billion ▲ +69.4%
2021 0.68x $2.20 Billion $3.25 Billion ▼ -60.7%
2020 1.73x $987.03 Million $570.83 Million ▼ -16.1%
2019 2.06x $1.40 Billion $677.90 Million ▲ +82.7%
2018 1.13x $1.42 Billion $1.26 Billion ▲ +22.8%
2017 0.92x $739.61 Million $805.80 Million ▼ -61.3%
2016 2.37x $852.77 Million $360.01 Million ▼ -64.8%
2014 6.74x $617.57 Million $91.65 Million ▲ +253.0%
2013 1.91x $312.18 Million $163.52 Million ▼ -39.1%
2012 3.14x $446.30 Million $142.28 Million ▲ +71.4%
2011 1.83x $486.36 Million $265.69 Million ▲ +40.1%
2010 1.31x $169.31 Million $129.60 Million ▼ -21.9%
2008 1.67x $775.30 Million $463.39 Million ▲ +54.2%
2007 1.09x $428.20 Million $394.57 Million ▲ +6.3%
2006 1.02x $404.95 Million $396.71 Million ▼ -27.1%
2005 1.40x $310.76 Million $221.78 Million ▲ +66.9%
2004 0.84x $247.92 Million $295.31 Million ▼ -69.0%
2003 2.71x $127.61 Million $47.15 Million ▲ +83.2%
2002 1.48x $115.02 Million $77.88 Million ▼ -93.1%
2001 21.43x $67.37 Million $3.14 Million ▲ +1021.5%
2000 1.91x $102.79 Million $53.80 Million ▼ -34.4%
1999 2.91x $114.80 Million $39.40 Million ▲ +280.8%
1998 -1.61x $-51.10 Million $31.70 Million ▼ -197.1%
1997 1.66x $85.70 Million $51.60 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.