Company / Interest Expense
Steel Dynamics Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$57.2M
FY2023
5-year range
$57.2M / $127.1M
FY2019-FY2023
Trend
-39.7%
vs FY2022
Sector context
#28 of 51
Materials
What the data says
At $57M, Steel Dynamics's interest expense ranks #24 of 51 in the Materials sector. Interest Expense has fluctuated over the past 8 years, ranging from $57M in FY2023 to $154M in FY2017.
Based on SEC 10-K filings.
$57M in FY2023 with a 5-year CAGR of -17.1%.
Improved from $127M to $57M over the past 2 years.
Materials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -23.3%
- 5-Year CAGR
- -17.1%
- 10-Year CAGR
- -
Sector benchmark
#24 of 51 in MaterialsTop 45% of 51This company $57.2M Sector average $150.0M
▼
-61.9% below sector average
Key checks
Key Insights
- 5-year CAGR of -17.1%, indicating a declining trend.
- In FY2023, interest expense decreased 39.7% year-over-year.
- Ranks #28 out of 51 companies in the Materials sector.
- Peak interest expense was recorded in FY2017.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $57.2M | -39.7% |
| FY2022 | $94.9M | -25.4% |
| FY2021 | $127.1M | +0.4% |
| FY2020 | $126.6M | -5.8% |
| FY2019 | $134.4M | -8.0% |
| FY2018 | $146.0M | -5.1% |
| FY2017 | $153.9M | +12.2% |
| FY2016 | $137.3M | +7.5% |
As of FY2023 · SEC Form 10-K · Last checked Jun 30, 2026