Steel Dynamics Inc (STLD) — Net Asset Quality Index

Latest as of March 2026: 54.6%

Steel Dynamics Inc (STLD) has a Net Asset Quality Index of 54.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $16.72 Billion minus total liabilities of $7.59 Billion yields net assets of $9.13 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Steel Dynamics Inc (STLD) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

54.6%
Equity / Total Assets

Net Assets

$9.13 Billion
USD

Total Assets

$16.72 Billion
USD

Total Liabilities

$7.59 Billion
USD

Steel Dynamics Inc Net Asset Quality Index Over Time (1995–2025)

This chart shows how Steel Dynamics Inc's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the index stands at 54.6%, representing net assets of $9.13 Billion against total assets of $16.72 Billion USD. See STLD net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Steel Dynamics Inc (1995–2025)

The table below presents the year-by-year Net Asset Quality Index for Steel Dynamics Inc from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Steel Dynamics Inc.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 54.4% $8.93 Billion $16.41 Billion $7.48 Billion ▼ -5.5 pp
2024 59.9% $8.95 Billion $14.94 Billion $5.99 Billion ▲ +0.6 pp
2023 59.3% $8.84 Billion $14.91 Billion $6.07 Billion ▲ +2.1 pp
2022 57.2% $8.10 Billion $14.16 Billion $6.06 Billion ▲ +6.7 pp
2021 50.4% $6.32 Billion $12.53 Billion $6.21 Billion ▲ +3.5 pp
2020 46.9% $4.35 Billion $9.27 Billion $4.92 Billion ▼ -2.2 pp
2019 49.1% $4.06 Billion $8.28 Billion $4.21 Billion ▼ -1.3 pp
2018 50.5% $3.89 Billion $7.70 Billion $3.82 Billion ▲ +2.2 pp
2017 48.2% $3.31 Billion $6.86 Billion $3.55 Billion ▲ +3.3 pp
2016 45.0% $2.89 Billion $6.42 Billion $3.54 Billion ▲ +1.9 pp
2015 43.1% $2.67 Billion $6.20 Billion $3.53 Billion ▲ +3.1 pp
2014 40.0% $2.92 Billion $7.31 Billion $4.39 Billion ▼ -4.1 pp
2013 44.0% $2.61 Billion $5.93 Billion $3.32 Billion ▲ +1.4 pp
2012 42.6% $2.48 Billion $5.82 Billion $3.34 Billion ▲ +2.9 pp
2011 39.6% $2.37 Billion $5.98 Billion $3.61 Billion ▲ +1.5 pp
2010 38.1% $2.13 Billion $5.59 Billion $3.46 Billion ▼ -0.9 pp
2009 39.1% $2.00 Billion $5.13 Billion $3.13 Billion ▲ +8.0 pp
2008 31.1% $1.63 Billion $5.25 Billion $3.62 Billion ▼ -3.0 pp
2007 34.1% $1.54 Billion $4.52 Billion $2.98 Billion ▼ -20.8 pp
2006 54.9% $1.23 Billion $2.25 Billion $1.01 Billion ▲ +4.7 pp
2005 50.1% $880.99 Million $1.76 Billion $876.70 Million ▲ +1.1 pp
2004 49.0% $849.59 Million $1.73 Billion $884.03 Million ▲ +8.4 pp
2003 40.6% $587.85 Million $1.45 Billion $860.59 Million ▼ -0.7 pp
2002 41.3% $526.29 Million $1.28 Billion $749.40 Million ▲ +5.4 pp
2001 35.9% $423.34 Million $1.18 Billion $756.75 Million ▼ -3.8 pp
2000 39.6% $422.87 Million $1.07 Billion $644.20 Million ▼ 0.0 pp
1999 39.7% $393.20 Million $991.60 Million $598.40 Million ▲ +1.0 pp
1998 38.7% $351.10 Million $907.50 Million $556.40 Million ▼ -14.0 pp
1997 52.7% $337.60 Million $640.90 Million $303.30 Million ▲ +2.0 pp
1996 50.7% $264.60 Million $522.30 Million $257.70 Million ▲ +31.0 pp
1995 19.6% $63.00 Million $320.70 Million $257.70 Million
pp = percentage points