(STLD) Steel Dynamics - Overview
Sector: Basic Materials | Industry: Steel | Exchange: NASDAQ (USA) | Market Cap: 33.434m USD | Total Return: 89% in 12m
Avg Turnover: 221M
EPS Trend: -89.9%
Qual. Beats: -1
Rev. Trend: -58.4%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Rs(ibd) Leader, Idiosyncratic Leader, Tailwind, Confidence
Steel Dynamics, Inc. (STLD) is a vertically integrated steel producer and metal recycler headquartered in Fort Wayne, Indiana. The company operates through four primary segments: Steel Operations, Metals Recycling, Steel Fabrication, and Aluminum Operations. Its product portfolio includes a diverse range of flat-rolled, structural, and bar steel products, as well as non-residential building components like joists and girders.
The business model utilizes electric arc furnace (EAF) technology, which allows for greater operational flexibility and lower carbon intensity compared to traditional blast furnace production. By integrating scrap metal recycling into its supply chain, the company secures raw material inputs while serving diverse end-markets including automotive, energy, and heavy equipment. The steel industry is highly cyclical and sensitive to fluctuations in industrial production and non-residential construction spending.
Investors may find additional performance metrics and peer comparisons on ValueRay to further their analysis. Steel Dynamics also maintains an international presence through the export of its finished goods and the processing of both ferrous and nonferrous scrap metals.
- Non-residential construction demand dictates steel fabrication segment profitability
- Domestic scrap metal price volatility impacts electric arc furnace input costs
- Automotive and energy sector industrial production levels drive steel shipment volumes
- Aluminum flat rolled mill expansion provides major long-term revenue diversification
- US trade policy and infrastructure spending influence domestic steel market pricing
| Net Income: 1.37b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.96 > 1.0 |
| NWC/Revenue: 24.32% < 20% (prev 22.95%; Δ 1.38% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.45b > Net Income 1.37b |
| Net Debt (3.64b) to EBITDA (2.44b): 1.50 < 3 |
| Current Ratio: 3.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (144.8m) vs 12m ago -3.64% < -2% |
| Gross Margin: 14.00% > 18% (prev 0.13%; Δ 1.39k% > 0.5%) |
| Asset Turnover: 116.5% > 50% (prev 108.1%; Δ 8.39% > 0%) |
| Interest Coverage Ratio: 20.39 > 6 (EBITDA TTM 2.44b / Interest Expense TTM 91.2m) |
| A: 0.28 (Total Current Assets 6.80b - Total Current Liabilities 2.17b) / Total Assets 16.7b |
| B: 0.96 (Retained Earnings 16.0b / Total Assets 16.7b) |
| C: 0.11 (EBIT TTM 1.86b / Avg Total Assets 16.3b) |
| D: 2.11 (Book Value of Equity 16.0b / Total Liabilities 7.59b) |
| Altman-Z'' = 7.92 = AAA |
| DSRI: 1.08 (Receivables 2.06b/1.72b, Revenue 19.0b/17.2b) |
| GMI: 0.96 (GM 14.00% / 13.41%) |
| AQI: 0.94 (AQ_t 0.08 / AQ_t-1 0.09) |
| SGI: 1.10 (Revenue 19.0b / 17.2b) |
| TATA: -0.00 (NI 1.37b - CFO 1.45b) / TA 16.7b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of May 26, 2026, the stock is trading at USD 240.03 with a total of 1,187,600 shares traded.
Over the past week, the price has changed by +4.66%,
over one month by +6.66%,
over three months by +25.71% and
over the past year by +88.97%.
Steel Dynamics has received a consensus analysts rating of 4.21. Therefore, it is recommended to buy STLD.
- StrongBuy: 7
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 238.8 | -0.5% |
P/E Trailing = 24.8223
P/E Forward = 17.3611
P/S = 1.7586
P/B = 3.647
P/EG = 10.9053
Revenue TTM = 19.0b USD
EBIT TTM = 1.86b USD
EBITDA TTM = 2.44b USD
Long Term Debt = 4.18b USD (from longTermDebt, last quarter)
Short Term Debt = 22.1m USD (from shortTermDebt, last quarter)
Debt = 4.20b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.64b USD (calculated: Debt 4.20b - CCE 556.5m)
Enterprise Value = 37.1b USD (33.4b + Debt 4.20b - CCE 556.5m)
Interest Coverage Ratio = 20.39 (Ebit TTM 1.86b / Interest Expense TTM 91.2m)
EV/FCF = 55.78x (Enterprise Value 37.1b / FCF TTM 664.7m)
FCF Yield = 1.79% (FCF TTM 664.7m / Enterprise Value 37.1b)
FCF Margin = 3.50% (FCF TTM 664.7m / Revenue TTM 19.0b)
Net Margin = 7.22% (Net Income TTM 1.37b / Revenue TTM 19.0b)
Gross Margin = 14.00% ((Revenue TTM 19.0b - Cost of Revenue TTM 16.4b) / Revenue TTM)
Gross Margin QoQ = 14.66% (prev 11.83%)
Tobins Q-Ratio = 2.22 (Enterprise Value 37.1b / Total Assets 16.7b)
Interest Expense / Debt = 2.17% (Interest Expense 91.2m / Debt 4.20b)
Taxrate = 39.63% (262.7m / 662.8m)
NOPAT = 1.12b (EBIT 1.86b * (1 - 39.63%))
Current Ratio = 3.13 (Total Current Assets 6.80b / Total Current Liabilities 2.17b)
Debt / Equity = 0.46 (Debt 4.20b / totalStockholderEquity, last quarter 9.16b)
Debt / EBITDA = 1.50 (Net Debt 3.64b / EBITDA 2.44b)
Debt / FCF = 5.48 (Net Debt 3.64b / FCF TTM 664.7m)
Total Stockholder Equity = 9.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.40% (Net Income 1.37b / Total Assets 16.7b)
RoE = 15.25% (Net Income TTM 1.37b / Total Stockholder Equity 9.00b)
RoCE = 14.11% (EBIT 1.86b / Capital Employed (Equity 9.00b + L.T.Debt 4.18b))
RoIC = 8.00% (NOPAT 1.12b / Invested Capital 14.0b)
WACC = 9.44% (E(33.4b)/V(37.6b) * Re(10.46%) + D(4.20b)/V(37.6b) * Rd(2.17%) * (1-Tc(0.40)))
Discount Rate = 10.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -4.94%
[DCF] Terminal Value 71.71% ; FCFF base≈664.7m ; Y1≈667.5m ; Y5≈707.1m
[DCF] Fair Price = 39.07 (EV 9.28b - Net Debt 3.64b = Equity 5.63b / Shares 144.2m; r=9.44% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -89.85 | EPS CAGR: -28.82% | SUE: -4.0 | # QB: -1
Revenue Correlation: -58.42 | Revenue CAGR: -3.32% | SUE: 0.89 | # QB: 1
EPS current Quarter (2026-06-30): EPS=4.00 | Chg30d=+10.58% | Revisions=+60% | Analysts=9
EPS next Quarter (2026-09-30): EPS=4.47 | Chg30d=+19.33% | Revisions=+56% | Analysts=8
EPS current Year (2026-12-31): EPS=14.88 | Chg30d=+8.38% | Revisions=+57% | GrowthEPS=+86.2% | GrowthRev=+21.9%
EPS next Year (2027-12-31): EPS=16.85 | Chg30d=+5.33% | Revisions=+38% | GrowthEPS=+13.2% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: +60%