Company / Cost of Revenue
Steel Dynamics Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$15.8B
FY2025
5-year range
$8.2B / $15.8B
FY2021-FY2025
Trend
+7.1%
vs FY2024
Sector context
#9 of 91
Materials
What the data says
Among 91 Materials companies, Steel Dynamics is in the bottom 10% for cost of revenue. Cost of Revenue has increased for 3 consecutive years, from $8.2B in FY2022 to $15.8B in FY2025.
Based on SEC 10-K filings.
$15.8B in FY2025 with a 5-year CAGR of +10.7%. Top quartile in the Materials sector.
Increased from $13.0B to $15.8B over the past 2 years.
Materials sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +24.6%
- 5-Year CAGR
- +10.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in MaterialsTop 90% of 91This company $15.8B Sector average $5.3B
▼
+197.2% above sector average
Key checks
Key Insights
- Steel Dynamics's cost of revenue has grown for 3 consecutive years.
- 5-year CAGR of +10.7%, indicating consistent growth.
- In FY2025, cost of revenue increased 7.1% year-over-year.
- Ranks #9 out of 91 companies in the Materials sector.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $15.8B | +7.1% |
| FY2024 | $14.7B | +13.0% |
| FY2023 | $13.0B | +59.8% |
| FY2022 | $8.2B | -8.6% |
| FY2021 | $8.9B | -5.9% |
| FY2020 | $9.5B | +19.4% |
| FY2019 | $8.0B | +23.5% |
| FY2018 | $6.4B | -6.1% |
| FY2017 | $6.9B | -11.9% |
| FY2016 | $7.8B | +17.1% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026