Company / Income Tax
Steel Dynamics Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$305.7M
FY2025
5-year range
$134.7M / $962.3M
FY2021-FY2025
Trend
-29.4%
vs FY2024
Sector context
#17 of 118
Materials
What the data says
Steel Dynamics's income tax of $306M is higher than 86% of companies in the Materials sector (FY2025). Income Tax has fluctuated over the past 10 years, ranging from -$97M in FY2017 to $962M in FY2023.
Based on SEC 10-K filings.
$306M in FY2025 with a 5-year CAGR of -3.4%. Top quartile in the Materials sector.
Improved from $962M to $306M over the past 2 years.
Materials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +31.4%
- 5-Year CAGR
- -3.4%
- 10-Year CAGR
- -
Sector benchmark
Bottom 14% in MaterialsTop 86% of 118This company $305.7M Sector average $178.4M
▼
+71.3% above sector average
Key checks
Key Insights
- 5-year CAGR of -3.4%, indicating a declining trend.
- In FY2025, income tax decreased 29.4% year-over-year.
- Ranks #17 out of 118 companies in the Materials sector.
- Peak income tax was recorded in FY2023.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $305.7M | -29.4% |
| FY2024 | $432.9M | -55.0% |
| FY2023 | $962.3M | +614.6% |
| FY2022 | $134.7M | -31.8% |
| FY2021 | $197.4M | -45.8% |
| FY2020 | $364.0M | +181.2% |
| FY2019 | $129.4M | -36.6% |
| FY2018 | $204.1M | +310.6% |
| FY2017 | -$96.9M | -232.5% |
| FY2016 | $73.2M | -26.3% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026