Steel Dynamics, Inc.

Steel Dynamics, Inc.

212.10
EUR
-7.60
(-3.46%)
9.59EPS
21.12P/E
29.35BMarket Cap
Jan 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
33.37
37.65
31.38
31.93
39.72
50.54
47.65
45.47
89.75
121.38
112.85
112.86
122.98
141.31
Basic EPS, GAAP
0.86
0.68
-0.54
1.57
3.38
5.38
3.06
2.61
15.67
21.06
14.72
9.89
8.02
11.06
Free Cash Flow per Basic Share
0.57
2.22
3.88
2.69
2.39
5.03
4.3
-1
5.84
19.37
11.18
-0.15
3.39
6.57
Dividend per Share
0.43
0.45
0.53
0.56
0.61
0.72
0.91
0.99
1.04
1.29
1.63
1.82
1.97
2.04
Book Value per Share
11.43
12.06
11.02
12.01
14.12
17.47
19
20.6
32.33
47.01
55.41
59.12
61.8
65.59
Tangible Book Value per Share
6.41
7.44
8.24
9.23
11.41
14.36
15.36
16.89
28.49
42.56
50.82
54.46
56.22
60.07
Basic Weighted Avg Shares
221
233
242
244
240
234
220
211
205
183
167
155
148
145
Sales/Revenue/Turnover
7,373
8,756
7,594
7,777
9,539
11,822
10,465
9,601
18,409
22,261
18,795
17,540
18,177
20,539
Operating Margin (%)
5.62
7.11
4.99
11.99
12.14
15.89
10.18
9.67
25.47
24.91
18.21
12.02
8.8
10.84
Depreciation Expense
231
263
295
296
299
317
321
326
348
384
438
479
551
618
Net Income, GAAP
189
157
-130
382
813
1,258
671
551
3,214
3,863
2,451
1,537
1,186
1,607
Effective Tax Rate (%)
37.79
44.39
- -
36.18
13.84
22.47
22.56
19.09
22.86
22.74
23.35
21.83
20.47
20.87
Profit Margin (%)
2.57
1.79
-1.72
4.91
8.52
10.64
6.41
5.74
17.46
17.35
13.04
8.76
6.52
7.83
Working Capital
1,498
2,088
2,003
2,217
2,640
3,014
3,246
3,000
4,674
5,606
4,456
3,281
4,362
4,994
LT Debt
1,766
2,935
2,578
2,353
2,353
2,352
2,645
3,016
3,009
3,013
2,611
2,804
4,177
4,181
Total Equity
2,612
2,922
2,671
2,889
3,306
3,887
4,065
4,348
6,320
8,096
8,840
8,945
8,930
9,363
Return on Invested Capital (%)
5.12
3.36
- -
8.85
16.85
22.39
11.71
9.63
39.31
38.19
20.94
12.61
9.25
12.43
Return on Capital (%)
6.27
5.62
- -
9.46
17.11
22.74
11.68
8.53
38.22
38.04
21.61
13.02
9.79
13.03
Return on Common Equity (%)
7.64
5.75
-4.66
13.63
25.89
34.54
16.75
13.08
60.36
53.52
28.84
17.27
13.25
17.58

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
35
22
1
LT Borrowings
4,177
4,179
4,181
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
145
144
144
Market Capitalization
24,799
24,975
33,536

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,484
6,795
7,281
Cash, Cash Equivalents & STI
770
557
568
Accounts Receivable, Net
1,683
2,056
2,443
Inventories
3,739
3,908
3,956
Total Current Liabilities
2,122
2,171
2,287
Payables & Accruals
2,088
2,149
2,286
ST Debt
35
22
1
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.54%
16.73%
-0.17%
Free Cash Flow
-293.37%
-570.76%
-2,233.81%
Net Income, GAAP
11.67%
81.4%
-22.87%
Sales/Revenue/Turnover
12.33%
18.81%
3.63%
Total Cash Common Dividend
8.75%
6.95%
3.03%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,694
4,633
4,342
3,872
17,540
2025
4,369
4,565
4,828
4,414
18,177
2026
5,205
6,092
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.68
2.73
2.06
1.36
9.89
2025
1.45
2.01
2.75
1.83
8.02
2026
2.79
3.71
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.46
0.46
0.46
1.82
2025
0.46
0.5
0.5
0.5
1.97
2026
0.5
0.53
- -
- -
- -

Company Description

CEO
Mark D. Millett
Full Time Employees
14,400
Sector
Non-energy minerals
Industry
Steel
Address
7575 West Jefferson Boulevard Fort Wayne IN United States 46804
IPO Date
Nov 22, 1996
Business
Steel Dynamics, Inc. Steel Dynamics, Inc. (STLD) produces steel and recycled metals products using a circular manufacturing model that relies primarily on scrap inputs for its electric arc furnace mills. The company operates through four main segments—steel operations, metals recycling operations, steel fabrication operations, and aluminum operations—with facilities across the United States and Mexico. Steel Dynamics , founded in 1993 and headquartered in Fort Wayne, Indiana, manufactures hot-rolled, cold-rolled and coated sheet steel; structural beams and shapes; rail products; engineered special-bar-quality steel; cold-finished steel; merchant bar products; specialty steel sections; steel joists, girders and decking systems; ferrous and nonferrous scrap processing services including heavy melting steel, busheling, shredded scrap, steel turnings, cast-iron, aluminum, brass, copper and stainless steel; and aluminum flat-rolled products for automotive, industrial and beverage can markets, serving construction, automotive, manufacturing, transportation, agriculture, energy, pipe and tube, and non-residential building sectors. Its steel operations feature seven mills and coating facilities with roughly 16 million tons of annual shipping capacity, while metals recycling yards supply scrap to its mills and external customers, and fabrication platforms support national construction accounts. In August 2025, Steel Dynamics agrees to acquire the remaining 55% equity interest in New Process Steel LP, a Houston-based metals solutions and distribution firm operating six facilities in the US and Mexico including sites at its Butler and Columbus flat-roll divisions, following its initial 45% stake purchase in 2022; this deal expands value-added manufacturing and supply-chain capabilities while maintaining service to external customers. The company continues investments in aluminum operations to diversify beyond steel and recycling, alongside ongoing emphasis on sustainability through lower-carbon products and Global Steel Climate Council-certified emissions targets.

Company News

  • Steel Dynamics Eyes New Highs Despite Earnings Miss

  • 2 Steel Giants Just Reported Earnings—and Told Very Different Stories

  • Steel Dynamics: 3 Key Takeaways for Long-Term Investors

  • Steel Dynamics, Inc. (STLD) Q3 2026 Earnings Call Transcript

  • Steel Dynamics Q3 Earnings Call Highlights

  • STLD Q3 Earnings Miss Estimates Despite Strong Steel Pricing

  • Nasdaq Futures Slide Over 200 Points as Chip Rally Sours

  • Steel Dynamics: Strong Expectations Already Priced In

  • Reminder: Steel Dynamics Announces Third Quarter 2026 Earnings Conference Call and Webcast

  • Steel Dynamics (STLD) Reports Q3 Earnings: What Key Metrics Have to Say

  • Steel Dynamics (STLD) Q3 Earnings Miss Estimates

  • Steel Dynamics Reports Higher Profit on Improved Pricing, Lower Imports

  • Steel Dynamics Reports Third Quarter 2026 Results

  • 4 Stocks to Watch This Earnings Season (Beyond Big Tech and AI)

  • Steel Dynamics Announces Leadership Promotions

  • 4 Stocks To Watch This Earnings Season Beyond Big Tech And AI

  • Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher

  • Cleveland-Cliffs Drops 4% as Tariff Doubt Returns; Nucor and Steel Dynamics Slip

  • Steel Dynamics (STLD) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

  • Steel Dynamics, Inc. (NASDAQ:STLD) Stock Rated “Moderate Buy” by Sell-Side Analysts