Steel Dynamics Inc (STLD) — Financial Flexibility Index
Steel Dynamics Inc (STLD) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $286.30 Million (operating CF $148.32 Million minus capex $137.98 Million) represents 0% of total liabilities ($7.59 Billion). Check Steel Dynamics Inc (STLD) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Steel Dynamics Inc Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for Steel Dynamics Inc across 31 annual periods. For the full cash flow conversion analysis, see how efficiently does Steel Dynamics Inc generate cash.
Annual Financial Flexibility Index for Steel Dynamics Inc (1995–2025)
Year-by-year free cash flow to debt coverage for Steel Dynamics Inc. Explore Steel Dynamics Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | $2.40 Billion | $1.45 Billion | $7.48 Billion | ▼ -48.3% |
| 2024 | 0.62x | $3.71 Billion | $1.84 Billion | $5.99 Billion | ▼ -27.4% |
| 2023 | 0.85x | $5.18 Billion | $3.52 Billion | $6.07 Billion | ▼ -3.6% |
| 2022 | 0.89x | $5.37 Billion | $4.46 Billion | $6.06 Billion | ▲ +71.3% |
| 2021 | 0.52x | $3.21 Billion | $2.20 Billion | $6.21 Billion | ▲ +16.3% |
| 2020 | 0.44x | $2.19 Billion | $987.03 Million | $4.92 Billion | ▲ +1.2% |
| 2019 | 0.44x | $1.85 Billion | $1.40 Billion | $4.21 Billion | ▲ +1.2% |
| 2018 | 0.43x | $1.65 Billion | $1.42 Billion | $3.82 Billion | ▲ +70.2% |
| 2017 | 0.25x | $904.54 Million | $739.61 Million | $3.55 Billion | ▼ -14.3% |
| 2016 | 0.30x | $1.05 Billion | $852.77 Million | $3.54 Billion | ▼ -9.0% |
| 2015 | 0.33x | $1.15 Billion | $1.04 Billion | $3.53 Billion | ▲ +96.5% |
| 2014 | 0.17x | $729.36 Million | $617.57 Million | $4.39 Billion | ▲ +10.6% |
| 2013 | 0.15x | $499.02 Million | $312.18 Million | $3.32 Billion | ▼ -25.1% |
| 2012 | 0.20x | $669.83 Million | $446.30 Million | $3.34 Billion | ▲ +10.8% |
| 2011 | 0.18x | $653.36 Million | $486.36 Million | $3.61 Billion | ▲ +106.9% |
| 2010 | 0.09x | $302.70 Million | $169.31 Million | $3.46 Billion | ▼ -64.7% |
| 2009 | 0.25x | $775.61 Million | $445.56 Million | $3.13 Billion | ▼ -24.4% |
| 2008 | 0.33x | $1.19 Billion | $775.30 Million | $3.62 Billion | ▲ +18.7% |
| 2007 | 0.28x | $823.40 Million | $428.20 Million | $2.98 Billion | ▼ -47.5% |
| 2006 | 0.53x | $533.57 Million | $404.95 Million | $1.01 Billion | ▲ +23.2% |
| 2005 | 0.43x | $374.14 Million | $310.76 Million | $876.70 Million | ▲ +7.8% |
| 2004 | 0.40x | $349.96 Million | $247.92 Million | $884.03 Million | ▲ +28.6% |
| 2003 | 0.31x | $264.88 Million | $127.61 Million | $860.59 Million | ▼ -10.5% |
| 2002 | 0.34x | $257.62 Million | $115.02 Million | $749.40 Million | ▲ +64.6% |
| 2001 | 0.21x | $158.09 Million | $67.37 Million | $756.75 Million | ▼ -36.9% |
| 2000 | 0.33x | $213.17 Million | $102.79 Million | $644.20 Million | ▼ -18.0% |
| 1999 | 0.40x | $241.50 Million | $114.80 Million | $598.40 Million | ▲ +57.0% |
| 1998 | 0.26x | $143.00 Million | $-51.10 Million | $556.40 Million | ▼ -70.1% |
| 1997 | 0.86x | $260.90 Million | $85.70 Million | $303.30 Million | ▲ +590.6% |
| 1996 | 0.12x | $32.10 Million | $-51.60 Million | $257.70 Million | ▼ -84.4% |
| 1995 | 0.80x | $205.40 Million | $-19.00 Million | $257.70 Million | — |