Overview Dividends

(STLD) Steel Dynamics - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8581191009

Steel, Scrap, Joists, Deck, Aluminum

Steel
Market Cap in USD: 24,352m

IPO / Inception: 1996-11-21
Return 12m vs S&P 500: 30.6%

EPS (Earnings per Share)

EPS CAGR: -18.05%
EPS Trend: -78.7%

Last SUE: 1.10
Qual. Beats: 1

Revenue

Rev. CAGR: -2.51%
Rev. Trend: -73.6%

Last SUE: 0.43
Qual. Beats: 0

Dividends

Dividend Yield	1.41%
Yield on Cost 5y	7.24%
Yield CAGR 5y	16.47%
Payout Consistency	95.0%
Payout Ratio	26.5%

Risk via 5d forecast
Volatility	30.7%
Value at Risk 5%th	47.5%
Relative Tail Risk	-5.98%

Reward TTM
Sharpe Ratio	1.21
Alpha	33.49
CAGR/Max DD	0.66

Character TTM
Hurst Exponent	0.347
Beta	1.182
Beta Downside	1.238

Drawdowns 3y
Max DD	32.20%
Mean DD	14.31%
Median DD	14.61%

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) 5.5

Net Income (1.13b TTM) > 0 and > 6% of Revenue (6% = 1.06b TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -0.81pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 23.38% (prev 20.95%; Δ 2.42pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 1.52b > Net Income 1.13b (YES >=105%, WARN >=100%)

Net Debt (3.01b) to EBITDA (2.01b) ratio: 1.50 <= 3.0 (WARN <= 3.5)

Current Ratio 3.11 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (147.6m) change vs 12m ago -5.70% (target <= -2.0% for YES)

Gross Margin 13.03% (prev 17.27%; Δ -4.24pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 111.5% (prev 114.3%; Δ -2.79pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 25.74 (EBITDA TTM 2.01b / Interest Expense TTM 57.7m) >= 6 (WARN >= 3)

Altman Z'' 7.81

(A) 0.26 = (Total Current Assets 6.08b - Total Current Liabilities 1.96b) / Total Assets 15.97b

(B) 0.97 = Retained Earnings (Balance) 15.50b / Total Assets 15.97b

warn (B) unusual magnitude: 0.97 — check mapping/units

(D) 2.22 = Book Value of Equity 15.49b / Total Liabilities 6.99b

Total Rating: 7.81 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 46.75

1. Piotroski 5.50pt

2. FCF Yield 1.14%

3. FCF Margin 1.76%

4. Debt/Equity 0.42

5. Debt/Ebitda 1.50

6. ROIC - WACC (= 0.21)%

7. RoE 12.65%

8. Rev. Trend -73.57%

9. EPS Trend -78.71%

What is the price of STLD shares?

As of December 22, 2025, the stock is trading at USD 174.28 with a total of 3,313,796 shares traded.
Over the past week, the price has changed by +1.34%, over one month by +12.11%, over three months by +25.59% and over the past year by +53.53%.

Is STLD a buy, sell or hold?

Steel Dynamics has received a consensus analysts rating of 4.21. Therefore, it is recommended to buy STLD.

Strong Buy: 7
Buy: 3
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the STLD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	177.5	1.8%
Analysts Target Price	177.5	1.8%
ValueRay Target Price	219.6	26%

STLD Fundamental Data Overview December 21, 2025

Market Cap USD = 24.35b (24.35b USD * 1.0 USD.USD)
P/E Trailing = 21.9113
P/E Forward = 13.5135
P/S = 1.3809
P/B = 2.6973
P/EG = 10.9053
Beta = 1.471
Revenue TTM = 17.63b USD
EBIT TTM = 1.48b USD
EBITDA TTM = 2.01b USD
Long Term Debt = 3.78b USD (from longTermDebt, last quarter)
Short Term Debt = 1.43m USD (from shortTermDebt, last quarter)
Debt = 3.78b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.01b USD (from netDebt column, last quarter)
Enterprise Value = 27.36b USD (24.35b + Debt 3.78b - CCE 770.4m)
Interest Coverage Ratio = 25.74 (Ebit TTM 1.48b / Interest Expense TTM 57.7m)
FCF Yield = 1.14% (FCF TTM 311.0m / Enterprise Value 27.36b)
FCF Margin = 1.76% (FCF TTM 311.0m / Revenue TTM 17.63b)
Net Margin = 6.39% (Net Income TTM 1.13b / Revenue TTM 17.63b)
Gross Margin = 13.03% ((Revenue TTM 17.63b - Cost of Revenue TTM 15.34b) / Revenue TTM)
Gross Margin QoQ = 15.55% (prev 13.55%)
Tobins Q-Ratio = 1.71 (Enterprise Value 27.36b / Total Assets 15.97b)
Interest Expense / Debt = 0.36% (Interest Expense 13.6m / Debt 3.78b)
Taxrate = 21.39% (109.9m / 513.8m)
NOPAT = 1.17b (EBIT 1.48b * (1 - 21.39%))
Current Ratio = 3.11 (Total Current Assets 6.08b / Total Current Liabilities 1.96b)
Debt / Equity = 0.42 (Debt 3.78b / totalStockholderEquity, last quarter 9.00b)
Debt / EBITDA = 1.50 (Net Debt 3.01b / EBITDA 2.01b)
Debt / FCF = 9.69 (Net Debt 3.01b / FCF TTM 311.0m)
Total Stockholder Equity = 8.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.06% (Net Income 1.13b / Total Assets 15.97b)
RoE = 12.65% (Net Income TTM 1.13b / Total Stockholder Equity 8.90b)
RoCE = 11.70% (EBIT 1.48b / Capital Employed (Equity 8.90b + L.T.Debt 3.78b))
RoIC = 9.22% (NOPAT 1.17b / Invested Capital 12.65b)
WACC = 9.01% (E(24.35b)/V(28.13b) * Re(10.37%) + D(3.78b)/V(28.13b) * Rd(0.36%) * (1-Tc(0.21)))
Discount Rate = 10.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.63%
[DCF Debug] Terminal Value 60.74% ; FCFE base≈359.6m ; Y1≈236.1m ; Y5≈108.0m
Fair Price DCF = 10.39 (DCF Value 1.52b / Shares Outstanding 146.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -78.71 | EPS CAGR: -18.05% | SUE: 1.10 | # QB: 1
Revenue Correlation: -73.57 | Revenue CAGR: -2.51% | SUE: 0.43 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.04 | Chg30d=+0.087 | Revisions Net=+0 | Analysts=7
EPS next Year (2026-12-31): EPS=13.12 | Chg30d=+0.234 | Revisions Net=+3 | Growth EPS=+54.1% | Growth Revenue=+9.7%

Additional Sources for STLD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle