Steel Dynamics Inc Cash Flow Quality Index
Steel Dynamics Inc cash flow quality index. 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 STLD debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Steel Dynamics Inc (1997–2025)
Cash flow quality index of Steel Dynamics Inc from 1997 to 2025. Historical Cash Flow Quality Index for Steel Dynamics Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. See how leveraged is Steel Dynamics Inc's balance sheet to measure how much of total assets are equity-financed.
Steel Dynamics Inc Cash Flow Quality Index by Year (1997–2025)
Steel Dynamics Inc cash flow quality index by year from 1997 to 2025. Year-by-year earnings quality comparison for Steel Dynamics Inc. For the full cash flow conversion analysis, see Steel Dynamics Inc (STLD) cash conversion ratio.
| 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 | — |