(STLD) Steel Dynamics - Overview
Stock: Steel, Scrap, Joists, Deck, Aluminum
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.45% |
| Yield on Cost 5y | 5.64% |
| Yield CAGR 5y | 17.76% |
| Payout Consistency | 98.7% |
| Payout Ratio | 21.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.1% |
| Relative Tail Risk | -7.19% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.32 |
| Alpha | 40.49 |
| Character TTM | |
|---|---|
| Beta | 1.218 |
| Beta Downside | 1.310 |
| Drawdowns 3y | |
|---|---|
| Max DD | 32.20% |
| CAGR/Max DD | 0.63 |
Description: STLD Steel Dynamics December 19, 2025
Steel Dynamics Inc. (NASDAQ: STLD) is a U.S.-based integrated steel producer and metal recycler that operates through four segments: Steel Operations (hot-rolled, cold-rolled, coated, and specialty bar products), Metals Recycling Operations (ferrous and non-ferrous scrap processing and brokerage), Steel Fabrication Operations (non-residential building components such as joists, girders, and decking), and Aluminum Operations (recycled flat-rolled aluminum). The company serves a broad end-market base-including construction, automotive, heavy equipment, energy, and pipe-and-tube sectors-and also exports a portion of its output.
Key recent metrics highlight the firm’s scale and cost advantage: FY 2023 revenue reached $9.6 billion with an adjusted EBITDA margin of roughly 13 %, supported by an operating capacity of about 5.5 million tons of steel and a recycling throughput of 12 million tons of scrap. Steel demand is closely tied to U.S. housing starts (a leading indicator for construction steel) and automotive production volumes, while the company’s scrap-to-steel margin benefits from elevated ferrous scrap prices and a low-cost, vertically integrated supply chain.
For a deeper quantitative view, you may want to explore ValueRay’s analyst toolkit to assess STLD’s valuation and risk profile.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.21 > 1.0 |
| NWC/Revenue: 24.00% < 20% (prev 18.70%; Δ 5.29% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.45b > Net Income 1.19b |
| Net Debt (3.44b) to EBITDA (2.11b): 1.63 < 3 |
| Current Ratio: 3.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.2m) vs 12m ago -4.29% < -2% |
| Gross Margin: 13.12% > 18% (prev 0.16%; Δ 1296 % > 0.5%) |
| Asset Turnover: 116.0% > 50% (prev 117.4%; Δ -1.48% > 0%) |
| Interest Coverage Ratio: 22.32 > 6 (EBITDA TTM 2.11b / Interest Expense TTM 70.0m) |
Altman Z'' 7.73
| A: 0.27 (Total Current Assets 6.48b - Total Current Liabilities 2.12b) / Total Assets 16.41b |
| B: 0.96 (Retained Earnings 15.69b / Total Assets 16.41b) |
| C: 0.10 (EBIT TTM 1.56b / Avg Total Assets 15.67b) |
| D: 2.10 (Book Value of Equity 15.69b / Total Liabilities 7.48b) |
| Altman-Z'' Score: 7.73 = AAA |
Beneish M -2.76
| DSRI: 1.15 (Receivables 1.68b/1.42b, Revenue 18.18b/17.54b) |
| GMI: 1.22 (GM 13.12% / 15.98%) |
| AQI: 0.89 (AQ_t 0.08 / AQ_t-1 0.09) |
| SGI: 1.04 (Revenue 18.18b / 17.54b) |
| TATA: -0.02 (NI 1.19b - CFO 1.45b) / TA 16.41b) |
| Beneish M-Score: -2.76 (Cap -4..+1) = A |
What is the price of STLD shares?
Over the past week, the price has changed by +12.71%, over one month by +17.16%, over three months by +32.74% and over the past year by +59.22%.
Is STLD a buy, sell or hold?
- StrongBuy: 7
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the STLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 193.1 | -4.6% |
| Analysts Target Price | 193.1 | -4.6% |
| ValueRay Target Price | 255.1 | 26% |
STLD Fundamental Data Overview January 31, 2026
P/E Forward = 14.8148
P/S = 1.475
P/B = 2.9668
P/EG = 10.9053
Revenue TTM = 18.18b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 2.11b USD
Long Term Debt = 3.78b USD (from longTermDebt, two quarters ago)
Short Term Debt = 34.7m USD (from shortTermDebt, last quarter)
Debt = 4.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.44b USD (from netDebt column, last quarter)
Enterprise Value = 30.25b USD (26.81b + Debt 4.21b - CCE 769.9m)
Interest Coverage Ratio = 22.32 (Ebit TTM 1.56b / Interest Expense TTM 70.0m)
EV/FCF = 60.32x (Enterprise Value 30.25b / FCF TTM 501.5m)
FCF Yield = 1.66% (FCF TTM 501.5m / Enterprise Value 30.25b)
FCF Margin = 2.76% (FCF TTM 501.5m / Revenue TTM 18.18b)
Net Margin = 6.52% (Net Income TTM 1.19b / Revenue TTM 18.18b)
Gross Margin = 13.12% ((Revenue TTM 18.18b - Cost of Revenue TTM 15.79b) / Revenue TTM)
Gross Margin QoQ = 11.83% (prev 15.70%)
Tobins Q-Ratio = 1.84 (Enterprise Value 30.25b / Total Assets 16.41b)
Interest Expense / Debt = 0.64% (Interest Expense 27.0m / Debt 4.21b)
Taxrate = 14.84% (46.1m / 310.6m)
NOPAT = 1.33b (EBIT 1.56b * (1 - 14.84%))
Current Ratio = 3.06 (Total Current Assets 6.48b / Total Current Liabilities 2.12b)
Debt / Equity = 0.47 (Debt 4.21b / totalStockholderEquity, last quarter 8.96b)
Debt / EBITDA = 1.63 (Net Debt 3.44b / EBITDA 2.11b)
Debt / FCF = 6.86 (Net Debt 3.44b / FCF TTM 501.5m)
Total Stockholder Equity = 8.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.56% (Net Income 1.19b / Total Assets 16.41b)
RoE = 13.31% (Net Income TTM 1.19b / Total Stockholder Equity 8.91b)
RoCE = 12.32% (EBIT 1.56b / Capital Employed (Equity 8.91b + L.T.Debt 3.78b))
RoIC = 10.39% (NOPAT 1.33b / Invested Capital 12.81b)
WACC = 9.06% (E(26.81b)/V(31.02b) * Re(10.40%) + D(4.21b)/V(31.02b) * Rd(0.64%) * (1-Tc(0.15)))
Discount Rate = 10.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.07%
[DCF Debug] Terminal Value 65.56% ; FCFF base≈501.5m ; Y1≈329.2m ; Y5≈150.2m
Fair Price DCF = N/A (negative equity: EV 2.48b - Net Debt 3.44b = -961.6m; debt exceeds intrinsic value)
EPS Correlation: -78.89 | EPS CAGR: -27.31% | SUE: -0.95 | # QB: 0
Revenue Correlation: -72.29 | Revenue CAGR: -6.01% | SUE: -0.61 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.22 | Chg30d=+0.098 | Revisions Net=-1 | Analysts=8
EPS current Year (2026-12-31): EPS=13.85 | Chg30d=+0.629 | Revisions Net=+1 | Growth EPS=+73.3% | Growth Revenue=+14.3%
EPS next Year (2027-12-31): EPS=15.50 | Chg30d=+0.651 | Revisions Net=+3 | Growth EPS=+11.9% | Growth Revenue=+2.3%