Steel Dynamics Inc Tangible Net Worth Ratio
Steel Dynamics Inc tangible net worth ratio. Steel Dynamics Inc (STLD) has a Tangible Net Worth Ratio of 96.5% as of March 2026. This metric is calculated by deducting intangible assets ($323.49 Million) from net assets ($9.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Steel Dynamics Inc (STLD) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Steel Dynamics Inc (1995–2025)
Tangible net worth ratio of Steel Dynamics Inc from 1995 to 2025. This chart shows how Steel Dynamics Inc's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 96.5%, reflecting net assets of $9.13 Billion with intangible assets of $323.49 Million USD. Check strategic asset allocation of Steel Dynamics Inc to assess the company's strategic physical and investment asset allocation.
Steel Dynamics Inc Tangible Net Worth Ratio by Year (1995–2025)
Steel Dynamics Inc tangible net worth ratio by year from 1995 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Steel Dynamics Inc from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see STLD market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.3% | $8.93 Billion | $331.29 Million | $16.41 Billion | ▼ -1.2 pp |
| 2024 | 97.5% | $8.95 Billion | $227.23 Million | $14.94 Billion | ▲ +0.4 pp |
| 2023 | 97.1% | $8.84 Billion | $257.76 Million | $14.91 Billion | ▲ +0.4 pp |
| 2022 | 96.7% | $8.10 Billion | $267.51 Million | $14.16 Billion | ▲ +1.4 pp |
| 2021 | 95.3% | $6.32 Billion | $295.35 Million | $12.53 Billion | ▲ +2.8 pp |
| 2020 | 92.5% | $4.35 Billion | $324.58 Million | $9.27 Billion | ▲ +0.6 pp |
| 2019 | 91.9% | $4.06 Billion | $327.90 Million | $8.28 Billion | ▼ -1.1 pp |
| 2018 | 93.0% | $3.89 Billion | $270.33 Million | $7.70 Billion | ▲ +0.8 pp |
| 2017 | 92.2% | $3.31 Billion | $256.91 Million | $6.86 Billion | ▲ +2.1 pp |
| 2016 | 90.2% | $2.89 Billion | $283.98 Million | $6.42 Billion | ▲ +0.6 pp |
| 2015 | 89.6% | $2.67 Billion | $278.96 Million | $6.20 Billion | ▲ +2.2 pp |
| 2014 | 87.3% | $2.92 Billion | $370.67 Million | $7.31 Billion | ▲ +2.1 pp |
| 2013 | 85.2% | $2.61 Billion | $386.16 Million | $5.93 Billion | ▲ +2.0 pp |
| 2012 | 83.2% | $2.48 Billion | $416.63 Million | $5.82 Billion | ▲ +2.2 pp |
| 2011 | 81.0% | $2.37 Billion | $450.89 Million | $5.98 Billion | ▲ +3.9 pp |
| 2010 | 77.0% | $2.13 Billion | $489.24 Million | $5.59 Billion | ▲ +3.7 pp |
| 2009 | 73.4% | $2.00 Billion | $533.51 Million | $5.13 Billion | ▲ +11.1 pp |
| 2008 | 62.2% | $1.63 Billion | $616.46 Million | $5.25 Billion | ▼ -4.4 pp |
| 2007 | 66.6% | $1.54 Billion | $514.55 Million | $4.52 Billion | ▼ -32.4 pp |
| 2006 | 99.0% | $1.23 Billion | $12.23 Million | $2.25 Billion | ▼ -1.0 pp |
| 2005 | 100.0% | $880.99 Million | $0.00 | $1.76 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $849.59 Million | $0.00 | $1.73 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $587.85 Million | $0.00 | $1.45 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $526.29 Million | $0.00 | $1.28 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $423.34 Million | $0.00 | $1.18 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $422.87 Million | $0.00 | $1.07 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $393.20 Million | $0.00 | $991.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $351.10 Million | $0.00 | $907.50 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $337.60 Million | $0.00 | $640.90 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $264.60 Million | $0.00 | $522.30 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $63.00 Million | $0.00 | $320.70 Million | — |