Steel Dynamics Inc (STLD) — 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 how much of Steel Dynamics Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 tangible equity quality of Steel Dynamics Inc to evaluate the tangible quality of the company's equity base.
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 Steel Dynamics Inc market capitalisation.
| 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 | — |