steel dynamics inc. - STLD

STLD

Close Chg Chg %
222.90 4.66 2.09%

Closed Market

227.56

+4.66 (2.09%)

Volume: 899.08K

Last Updated:

Nov 9, 2026, 4:00 PM EDT

Company Overview: steel dynamics inc. - STLD

STLD Key Data

Open

$228.03

Day Range

223.28 - 229.83

52 Week Range

150.22 - 288.74

Market Cap

$31.56B

Shares Outstanding

142.22M

Public Float

132.56M

Beta

1.46

Rev. Per Employee

N/A

P/E Ratio

16.37

EPS

$13.61

Yield

93.76%

Dividend

$0.53

EX-DIVIDEND DATE

Sep 30, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

1.03M

 

STLD Performance

1 Week
 
2.09%
 
1 Month
 
-4.54%
 
3 Months
 
-13.29%
 
1 Year
 
49.77%
 
5 Years
 
243.95%
 

STLD Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 17
Full Ratings ➔

About steel dynamics inc. - STLD

Steel Dynamics, Inc. engages in the production of steel and recycling of metals. It operates through the following segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The Steel Operations segment is composed of electric arc furnace (EAF) steel mills, production of steel from ferrous scrap and scrap substitutes, utilization of continuous casting, automation of rolling mills and steel coatings, processing lines, and warehouse operations. The Metals Recycling Operations segment is involved in ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and provision of scrap management services. The Steel Fabrication Operations segment includes New Millennium Building Systems plants that serve non-residential construction industry throughout the United States. The Aluminum Operations segment consists of recycled aluminum flat rolled products mill being constructed in Columbus, Mississippi, and satellite recycled aluminum slab centers in Arizona and Mexico. The company was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets, and John C. Bates in 1993 and is headquartered in Fort Wayne, IN.

STLD At a Glance

Steel Dynamics, Inc.
7575 West Jefferson Boulevard
Fort Wayne, Indiana 46804
Phone 1-260-969-3500 Revenue 18.18B
Industry Steel Net Income 1.19B
Sector Non-Energy Minerals 2025 Sales Growth 3.627%
Fiscal Year-end 12 / 2026 Employees 14,400
View SEC Filings

STLD Valuation

P/E Current 17.717
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.21
Price to Sales Ratio 1.383
Price to Book Ratio 2.742
Price to Cash Flow Ratio 17.35
Enterprise Value to EBITDA 13.656
Enterprise Value to Sales 1.581
Total Debt to Enterprise Value 0.153

STLD Efficiency

Revenue/Employee 1,262,262.569
Income Per Employee 82,332.986
Receivables Turnover 10.802
Total Asset Turnover 1.155

STLD Liquidity

Current Ratio 3.055
Quick Ratio 1.294
Cash Ratio 0.363

STLD Profitability

Gross Margin 12.753
Operating Margin 8.542
Pretax Margin 8.214
Net Margin 6.523
Return on Assets 7.534
Return on Equity 13.253
Return on Total Capital 8.888
Return on Invested Capital 9.442

STLD Capital Structure

Total Debt to Total Equity 48.931
Total Debt to Total Capital 32.855
Total Debt to Total Assets 26.692
Long-Term Debt to Equity 48.274
Long-Term Debt to Total Capital 32.414
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Steel Dynamics Inc. - STLD

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
22.26B 18.80B 17.54B 18.18B
Sales Growth
+20.92% -15.57% -6.68% +3.63%
Cost of Goods Sold (COGS) incl D&A
16.65B 15.06B 14.93B 15.86B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
384.20M 437.80M 478.91M 551.39M
Depreciation
356.37M 403.76M 448.38M 523.49M
Amortization of Intangibles
27.84M 34.05M 30.53M 27.90M
COGS Growth
+23.93% -9.53% -0.85% +6.20%
Gross Income
5.61B 3.73B 2.61B 2.32B
Gross Income Growth
+12.82% -33.48% -30.18% -11.09%
Gross Profit Margin
+25.22% +19.87% +14.86% +12.75%
2022 2023 2024 2025 5-year trend
SG&A Expense
545.62M 588.62M 664.12M 765.31M
Research & Development
- - - -
-
Other SG&A
545.62M 588.62M 664.12M 765.31M
SGA Growth
-15.27% +7.88% +12.83% +15.24%
Other Operating Expense
- - - -
-
Unusual Expense
- (24.03M) (5.91M) 70.20M
EBIT after Unusual Expense
5.09B 3.15B 1.94B 1.48B
Non Operating Income/Expense
20.79M 144.25M 96.19M 80.53M
Non-Operating Interest Income
- - - 36.80M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
91.54M 76.48M 56.35M 70.04M
Interest Expense Growth
+60.01% -16.45% -26.33% +24.31%
Gross Interest Expense
107.34M 109.48M 123.15M 170.64M
Interest Capitalized
15.80M 33.00M 66.80M 100.60M
Pretax Income
5.02B 3.22B 1.98B 1.49B
Pretax Income Growth
+19.29% -35.89% -38.40% -24.71%
Pretax Margin
+22.56% +17.13% +11.30% +8.21%
Income Tax
1.14B 751.61M 432.93M 305.66M
Income Tax - Current - Domestic
1.11B 692.46M 467.53M 205.55M
Income Tax - Current - Foreign
- 3.48M 7.98M 4.85M
Income Tax - Deferred - Domestic
34.20M 53.53M (38.79M) 104.02M
Income Tax - Deferred - Foreign
- 2.14M (3.80M) (8.75M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
3.88B 2.47B 1.55B 1.19B
Minority Interest Expense
16.82M 16.45M 12.82M 1.72M
Net Income
3.86B 2.45B 1.54B 1.19B
Net Income Growth
+20.18% -36.55% -37.28% -22.87%
Net Margin Growth
+17.35% +13.04% +8.76% +6.52%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.86B 2.45B 1.54B 1.19B
Preferred Dividends
- - - -
-
Net Income Available to Common
3.86B 2.45B 1.54B 1.19B
EPS (Basic)
21.0623 14.7154 9.8902 8.0213
EPS (Basic) Growth
+34.42% -30.13% -32.79% -18.90%
Basic Shares Outstanding
183.39M 166.55M 155.42M 147.81M
EPS (Diluted)
20.9221 14.6382 9.8448 7.989
EPS (Diluted) Growth
+34.50% -30.03% -32.75% -18.85%
Diluted Shares Outstanding
184.62M 167.43M 156.14M 148.40M
EBITDA
5.45B 3.58B 2.42B 2.10B
EBITDA Growth
+16.51% -34.28% -32.41% -13.12%
EBITDA Margin
+24.49% +19.06% +13.81% +11.58%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 278.00
Number of Ratings 17 Current Quarters Estimate 5.868
FY Report Date 12 / 2026 Current Year's Estimate 17.659
Last Quarter’s Earnings 5.26 Median PE on CY Estimate N/A
Year Ago Earnings 7.99 Next Fiscal Year Estimate 21.932
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 8 13 13
Mean Estimate 5.87 5.84 17.66 21.93
High Estimates 7.11 6.98 18.92 25.74
Low Estimate 4.75 4.91 16.47 18.59
Coefficient of Variance 10.35 11.66 3.76 9.53

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 1 1 1
HOLD 7 7 7
UNDERWEIGHT 0 0 0
SELL 1 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Steel Dynamics Inc. - STLD

Date Name Shares Transaction Value
Nov 5, 2026 Barry T. Schneider Executive Vice President & CTO 207,518 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $249.05 per share 51,682,357.90
Nov 5, 2026 Barry T. Schneider Executive Vice President & CTO 231,720 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $248.07 per share 57,482,780.40
Nov 5, 2026 Barry T. Schneider Executive Vice President & CTO 244,283 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $246.99 per share 60,335,458.17
Nov 5, 2026 Barry T. Schneider Executive Vice President & CTO 197,699 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $249.76 per share 49,377,302.24
Nov 5, 2026 Barry T. Schneider Executive Vice President & CTO 196,399 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $251.1 per share 49,315,788.90
Oct 12, 2026 Luis M. Sierra Director 11,530 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 12, 2026 Traci M. Dolan Director 59,067 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 12, 2026 Sheree L. Bargabos Director 27,145 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 12, 2026 Jennifer L. Hamann Director 5,394 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 12, 2026 Brad S. Seaman Director 51,705 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 12, 2026 Kenneth W. Cornew Director 32,015 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 14, 2026 Gabriel L. Shaheen Director 82,520 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 14, 2026 Richard P. Teets Director 4,980,094 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2026 Christopher A. Graham Senior Vice President 71,100 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $193.39 per share 13,750,029.00
Feb 26, 2026 Christopher A. Graham Senior Vice President 68,500 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $196.01 per share 13,426,685.00
Feb 26, 2026 Christopher A. Graham Senior Vice President 70,142 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $193.39 per share 13,564,761.38
Feb 26, 2026 Mark D. Millett Chairman & CEO; Director 2,996,057 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $193.39 per share 579,407,463.23
Feb 26, 2026 Mark D. Millett Chairman & CEO; Director 2,998,991 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $193.39 per share 579,974,869.49
Feb 26, 2026 Theresa E. Wagler Executive Vice President & CFO 483,386 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $196.01 per share 94,748,489.86
Feb 26, 2026 Theresa E. Wagler Executive Vice President & CFO 486,932 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $193.39 per share 94,167,779.48

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