Stock · STLD · Basic Materials
United States · Large Cap · listed since 1996 · Revenue 12 mo. $22.2B
Price as of 11/06/2026
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States.
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, large unequal leg angles, and reinforcing steel bars, standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agricultural equipment, energy, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, joist girders, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, property owners, brokers, and governmental entities. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
Original text from the data provider
Summary
44.8 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €450.1M (2025), it supports €5B. The remaining €23.3B of the market value assume it grows 24.2% a year for 10 years and not at all afterwards.
Required FCF growth per year
24.2%
no growth afterwards
Price to operating cash flow 18.9×, above its usual range.
Middle half of 20 quarters: 4.6× to 12.6×, median 7.5×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
Since the last quarter
Q2 → Q3 2026
3 more unchanged: FCF margin, Net debt, Shares outstanding
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 13.24% | 10.66% | Rank 63 |
| Return on capital (Greenblatt) | 11.41% | 14.75% | Rank 39 |
| EBIT margin | 8.12% | 15.82% | Rank 29 |
| FCF margin | 2.76% | 8.70% | Rank 24 |
| Gross margin | 13.01% | 34.18% | Rank 10 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 3.63% | 4.25% | Rank 49 |
| Earnings growth, 3 years per year | −27.45% | 0.28% | Rank 17 |
| Earnings growth, 5 years per year | 25.23% | 13.36% | Rank 70 |
| Sustainable growth (ROE × retained earnings) | 5.22% | 9.35% | Rank 20 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.58% | 4.98% | Rank 38 |
| FCF yield | 1.59% | 3.94% | Rank 22 |
| EV/saleslower is better | 1.93 | 2.36 | Rank 59 |
| EV/EBITlower is better | 23.71 | 14.61 | Rank 24 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 36.16% | 8.75% | Rank 88 |
| Share price, 6 months | −4.71% | −1.37% | Rank 43 |
| Share price, 3 months | −9.94% | −1.16% | Rank 23 |
| Distance from 52-week high | −21.17% | −21.97% | Rank 58 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 4.54% | 0.63% | Rank 29 |
| Change in share countlower is better | −4.95% | −0.01% | Rank 93 |
| Dividend streak in years | 15 | 3 | Rank 88 |
| Price reaction to results, market-adjusted | −0.69% | 0.05% | Rank 43 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 54.57% | 54.83% | Rank 49 |
| Net debt/EBITDAlower is better | 1.63 | 1.01 | Rank 39 |
| Debt to equitylower is better | 0.47 | 0.37 | Rank 39 |
| Volatility, 1 yearlower is better | 35.54% | 37.23% | Rank 54 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 7.8 | 9.4% | $654.6M | 245M | 1.5 |
| 2017 | 9.5 | 11.2% | $574.7M | 242M | 1.4 |
| 2018 | 11.8 | 14.6% | $1.2B | 235M | 1.5 |
| 2019 | 10.5 | 9.4% | $944.3M | 221M | 1.4 |
| 2020 | 9.6 | 8.8% | −$211.0M | 212M | 1.7 |
| 2021 | 18.4 | 23.4% | $1.2B | 207M | 1.9 |
| 2022 | 22.3 | 22.9% | $3.6B | 185M | 1.4 |
| 2023 | 18.8 | 16.8% | $1.9B | 167M | 1.7 |
| 2024 | 17.5 | 11.1% | −$23.5M | 156M | 2.8 |
| 2025 | 18.2 | 8.1% | $501.5M | 148M | 3.4 |
2 of 7 StockScorer Score rules met · How the score is built
Steel Dynamics Inc mainly meets criteria in the Momentum category. Result from 18 strategies checked.
Steel Dynamics Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
2 of 7 rules met
2 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Steel Dynamics Inc.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 27.9 | 19.6 |
| P/B ratio | 3.7 | 2.1 |
| Return on equity (ROE) | 13.2% | 10.7% |
| Equity ratio | 54.6% | 54.8% |
| Debt-to-equity (D/E) | 0.47 | 0.37 |
| Dividend yield | 0.9% | 2.1% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| STLD | Steel Dynamics Incthis page | |
| RS | Reliance Steel & Aluminum Co | locked |
| NUE | Nucor Corp | Low0.9 |
| JSWSTEEL.NS | JSW Steel Limited | locked |
| TATASTEEL.NS | Tata Steel Limited | locked |
| 5401.T | Nippon Steel Corp | locked |
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