Symbols / STLD
STLD Chart
About
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.
Fundamentals
Scroll to Statements| Sector | Basic Materials | Industry | Steel | Market Cap | 26.53B |
| Enterprise Value | 30.01B | Income | 1.19B | Sales | 18.18B |
| Book/sh | 61.80 | Cash/sh | 5.31 | Dividend Yield | 111.00% |
| Payout | 25.03% | Employees | 14400 | IPO | — |
| P/E | 22.75 | Forward P/E | 11.46 | PEG | — |
| P/S | 1.46 | P/B | 2.94 | P/C | — |
| EV/EBITDA | 14.80 | EV/Sales | 1.65 | Quick Ratio | 1.16 |
| Current Ratio | 3.06 | Debt/Eq | 49.08 | LT Debt/Eq | — |
| EPS (ttm) | 7.99 | EPS next Y | 15.86 | EPS Growth | 34.70% |
| Revenue Growth | 14.00% | Earnings | 2026-04-22 | ROA | 5.88% |
| ROE | 13.28% | ROIC | — | Gross Margin | 13.16% |
| Oper. Margin | 7.03% | Profit Margin | 6.52% | Shs Outstand | 144.88M |
| Shs Float | 135.11M | Short Float | 3.75% | Short Ratio | 2.98 |
| Short Interest | — | 52W High | 208.47 | 52W Low | 103.17 |
| Beta | 1.40 | Avg Volume | 1.34M | Volume | 95.03K |
| Target Price | $194.92 | Recom | Strong_buy | Prev Close | $182.36 |
| Price | $181.74 | Change | -0.34% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-02 | main | Wells Fargo | Overweight → Overweight | $210 |
| 2026-01-09 | down | Morgan Stanley | Overweight → Equal-Weight | $194 |
| 2025-12-15 | main | Wells Fargo | Overweight → Overweight | $190 |
| 2025-12-10 | main | Jefferies | Buy → Buy | $190 |
| 2025-12-05 | main | JP Morgan | Neutral → Neutral | $190 |
| 2025-11-14 | main | Wells Fargo | Overweight → Overweight | $172 |
| 2025-11-04 | down | UBS | Buy → Neutral | $165 |
| 2025-10-29 | main | Citigroup | Buy → Buy | $180 |
| 2025-10-27 | main | Keybanc | Overweight → Overweight | $165 |
| 2025-10-24 | main | Morgan Stanley | Overweight → Overweight | $173 |
| 2025-10-22 | main | Jefferies | Buy → Buy | $180 |
| 2025-10-22 | main | Wells Fargo | Overweight → Overweight | $169 |
| 2025-10-22 | main | BMO Capital | Outperform → Outperform | $167 |
| 2025-10-13 | main | JP Morgan | Neutral → Neutral | $160 |
| 2025-09-15 | main | Wells Fargo | Overweight → Overweight | $150 |
| 2025-08-14 | init | Wells Fargo | — → Overweight | $143 |
| 2025-07-14 | main | JP Morgan | Neutral → Neutral | $150 |
| 2025-06-20 | main | Morgan Stanley | Overweight → Overweight | $145 |
| 2025-04-24 | main | Morgan Stanley | Overweight → Overweight | $140 |
| 2025-04-24 | main | JP Morgan | Neutral → Neutral | $138 |
- Steel Dynamics (STLD) Stock Sinks As Market Gains: Here's Why - Nasdaq Wed, 04 Mar 2026 23
- Assessing Steel Dynamics (STLD) Valuation After Recent Share Price Pullback And Long Term Gains - simplywall.st Sun, 08 Mar 2026 01
- Steel Dynamics Announces First Quarter 2026 Cash Dividend Increase of 6% - PR Newswire Fri, 20 Feb 2026 08
- Barclays PLC Has $62.81 Million Stake in Steel Dynamics, Inc. $STLD - MarketBeat Mon, 09 Mar 2026 07
- How (STLD) Movements Inform Risk Allocation Models - Stock Traders Daily hu, 05 Mar 2026 21
- Steel Dynamics, Inc. (STLD) Increases Its Quarterly Cash Dividend by 6% to $0.53 Per Share - Yahoo Finance Sun, 01 Mar 2026 12
- Corporate Knights names Steel Dynamics global steel sustainability leader - Stock Titan hu, 19 Feb 2026 08
- Steel Dynamics Raises Dividend 6% on Cash Generation Strength - Zacks Investment Research Fri, 27 Feb 2026 08
- Is Steel Dynamics (STLD) Still Attractive After Strong Multi Year Share Price Gains - simplywall.st Sun, 22 Feb 2026 08
- Steel Dynamics (NASDAQ:STLD) Downgraded to "Buy" Rating by Wall Street Zen - MarketBeat Sat, 07 Mar 2026 09
- Steel Dynamics (STLD) Stock Drops Despite Market Gains: Important Facts to Note - Yahoo Finance Mon, 05 Jan 2026 08
- Here's Why Steel Dynamics (STLD) is a Strong Momentum Stock - Nasdaq Wed, 28 Jan 2026 08
- Grantham Mayo Van Otterloo & Co. LLC Raises Holdings in Steel Dynamics, Inc. $STLD - MarketBeat Mon, 09 Mar 2026 09
- Steel Dynamics (STLD) Up 8.7% Since Last Earnings Report: Can It Continue? - Yahoo Finance Wed, 25 Feb 2026 08
- Dimensional Fund Advisors LP Has $310.82 Million Stock Position in Steel Dynamics, Inc. $STLD - MarketBeat Fri, 06 Mar 2026 09
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 197 | — | — | Stock Award(Grant) at price 0.00 per share. | TEETS RICHARD P JR | Director | — | 2026-02-20 00:00:00 | D |
| 1 | 12662 | — | — | Stock Award(Grant) at price 0.00 per share. | MILLETT MARK D | Chief Executive Officer | — | 2026-02-20 00:00:00 | D |
| 2 | 5932 | — | — | Stock Award(Grant) at price 0.00 per share. | WAGLER THERESA E. | Chief Financial Officer | — | 2026-02-20 00:00:00 | D |
| 3 | 5841 | — | — | Stock Award(Grant) at price 0.00 per share. | SCHNEIDER BARRY T | President | — | 2026-02-20 00:00:00 | D |
| 4 | 2350 | — | — | Stock Award(Grant) at price 0.00 per share. | POINSATTE RICHARD A | Officer | — | 2026-02-20 00:00:00 | D |
| 5 | 197 | — | — | Stock Award(Grant) at price 0.00 per share. | BARGABOS SHEREE L. | Director | — | 2026-02-20 00:00:00 | D |
| 6 | 4187 | — | — | Stock Award(Grant) at price 0.00 per share. | GRAHAM CHRISTOPHER A. | Officer | — | 2026-02-20 00:00:00 | D |
| 7 | 4187 | — | — | Stock Award(Grant) at price 0.00 per share. | ANDERSON JAMES STANLEY | Officer | — | 2026-02-20 00:00:00 | D |
| 8 | 3400 | — | — | Stock Award(Grant) at price 0.00 per share. | BICKFORD CHAD | Officer | — | 2026-02-20 00:00:00 | D |
| 9 | 776 | — | — | Stock Award(Grant) at price 0.00 per share. | BELL MATTHEW LANE | Officer | — | 2026-02-20 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.20 | 0.22 | 0.23 | 0.23 |
| NormalizedEBITDA | 2.11B | 2.52B | 3.73B | 5.50B |
| TotalUnusualItems | 0.00 | 0.00 | ||
| TotalUnusualItemsExcludingGoodwill | 0.00 | 0.00 | ||
| NetIncomeFromContinuingOperationNetMinorityInterest | 1.19B | 1.54B | 2.45B | 3.86B |
| ReconciledDepreciation | 551.39M | 478.91M | 437.80M | 384.20M |
| ReconciledCostOfRevenue | 15.26B | 14.29B | 14.35B | 15.79B |
| EBITDA | 2.11B | 2.52B | 3.73B | 5.50B |
| EBIT | 1.56B | 2.04B | 3.30B | 5.11B |
| NetInterestIncome | -70.04M | -56.35M | -76.48M | -91.54M |
| InterestExpense | 70.04M | 56.35M | 76.48M | 91.54M |
| NormalizedIncome | 1.19B | 1.54B | 2.45B | 3.86B |
| NetIncomeFromContinuingAndDiscontinuedOperation | 1.19B | 1.54B | 2.45B | 3.86B |
| TotalExpenses | 16.58B | 15.43B | 15.37B | 16.72B |
| TotalOperatingIncomeAsReported | 1.48B | 1.94B | 3.15B | 5.09B |
| DilutedAverageShares | 148.40M | 156.14M | 167.43M | 184.62M |
| BasicAverageShares | 147.81M | 155.42M | 166.55M | 183.39M |
| DilutedEPS | 7.99 | 9.84 | 14.64 | 20.92 |
| BasicEPS | 8.02 | 9.89 | 14.72 | 21.06 |
| DilutedNIAvailtoComStockholders | 1.19B | 1.54B | 2.45B | 3.86B |
| NetIncomeCommonStockholders | 1.19B | 1.54B | 2.45B | 3.86B |
| NetIncome | 1.19B | 1.54B | 2.45B | 3.86B |
| MinorityInterests | -1.72M | -12.82M | -16.45M | -16.82M |
| NetIncomeIncludingNoncontrollingInterests | 1.19B | 1.55B | 2.47B | 3.88B |
| NetIncomeContinuousOperations | 1.19B | 1.55B | 2.47B | 3.88B |
| TaxProvision | 305.66M | 432.93M | 751.61M | 1.14B |
| PretaxIncome | 1.49B | 1.98B | 3.22B | 5.02B |
| OtherIncomeExpense | -35.96M | -68.71M | -127.79M | -431.77M |
| OtherNonOperatingIncomeExpenses | 87.03M | 96.19M | 144.25M | 20.79M |
| SpecialIncomeCharges | 0.00 | 0.00 | ||
| ImpairmentOfCapitalAssets | 0.00 | 0.00 | ||
| EarningsFromEquityInterest | -122.99M | -164.90M | -272.03M | -452.55M |
| NetNonOperatingInterestIncomeExpense | -70.04M | -56.35M | -76.48M | -91.54M |
| InterestExpenseNonOperating | 70.04M | 56.35M | 76.48M | 91.54M |
| OperatingIncome | 1.60B | 2.11B | 3.42B | 5.54B |
| OperatingExpense | 793.21M | 694.64M | 622.67M | 573.46M |
| DepreciationAmortizationDepletionIncomeStatement | 27.90M | 30.53M | 34.05M | 27.84M |
| DepreciationAndAmortizationInIncomeStatement | 27.90M | 30.53M | 34.05M | 27.84M |
| Amortization | 27.90M | 30.53M | 34.05M | 27.84M |
| AmortizationOfIntangiblesIncomeStatement | 27.90M | 30.53M | 34.05M | 27.84M |
| SellingGeneralAndAdministration | 765.31M | 664.12M | 588.62M | 545.62M |
| GeneralAndAdministrativeExpense | 545.62M | 643.98M | ||
| OtherGandA | 545.62M | 643.98M | ||
| SalariesAndWages | 452.55M | 388.11M | ||
| GrossProfit | 2.39B | 2.80B | 4.05B | 6.12B |
| CostOfRevenue | 15.78B | 14.74B | 14.75B | 16.14B |
| TotalRevenue | 18.18B | 17.54B | 18.80B | 22.26B |
| OperatingRevenue | 18.18B | 17.54B | 18.80B | 22.26B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 123.70M | 117.26M | 108.09M | 94.83M |
| OrdinarySharesNumber | 144.94M | 151.12M | 160.02M | 172.94M |
| ShareIssued | 268.64M | 268.38M | 268.11M | 267.76M |
| NetDebt | 3.44B | 2.64B | 1.67B | 1.44B |
| TotalDebt | 4.21B | 3.23B | 3.07B | 3.07B |
| TangibleBookValue | 8.15B | 8.23B | 8.13B | 7.36B |
| InvestedCapital | 13.17B | 12.17B | 11.94B | 11.20B |
| WorkingCapital | 4.36B | 3.28B | 4.46B | 5.61B |
| NetTangibleAssets | 8.15B | 8.23B | 8.13B | 7.36B |
| CommonStockEquity | 8.96B | 8.93B | 8.87B | 8.13B |
| TotalCapitalization | 13.13B | 11.74B | 11.48B | 11.14B |
| TotalEquityGrossMinorityInterest | 8.93B | 8.95B | 8.84B | 8.10B |
| MinorityInterest | -26.77M | 10.96M | -27.14M | -34.55M |
| StockholdersEquity | 8.96B | 8.93B | 8.87B | 8.13B |
| GainsLossesNotAffectingRetainedEarnings | -598.00K | 0.00 | 421.00K | 889.00K |
| OtherEquityAdjustments | -598.00K | 421.00K | 889.00K | -2.09M |
| TreasuryStock | 7.98B | 7.09B | 5.90B | 4.46B |
| RetainedEarnings | 15.69B | 14.80B | 13.55B | 11.38B |
| AdditionalPaidInCapital | 1.25B | 1.23B | 1.22B | 1.21B |
| CapitalStock | 653.00K | 652.00K | 651.00K | 650.00K |
| CommonStock | 653.00K | 652.00K | 651.00K | 650.00K |
| TotalLiabilitiesNetMinorityInterest | 7.49B | 5.99B | 6.07B | 6.06B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 5.37B | 3.84B | 3.74B | 4.03B |
| OtherNonCurrentLiabilities | 186.23M | 133.20M | 180.76M | 129.54M |
| NonCurrentDeferredLiabilities | 1.00B | 902.19M | 944.77M | 889.10M |
| NonCurrentDeferredTaxesLiabilities | 1.00B | 902.19M | 944.77M | 889.10M |
| LongTermDebtAndCapitalLeaseObligation | 4.18B | 2.80B | 2.61B | 3.01B |
| LongTermDebt | 4.18B | 2.80B | 2.61B | 3.01B |
| CurrentLiabilities | 2.12B | 2.15B | 2.33B | 2.03B |
| CurrentDebtAndCapitalLeaseObligation | 34.66M | 426.99M | 459.99M | 57.33M |
| CurrentDebt | 34.66M | 426.99M | 459.99M | 57.33M |
| PayablesAndAccruedExpenses | 2.09B | 1.72B | 1.87B | 1.97B |
| CurrentAccruedExpenses | 788.93M | 739.90M | 778.46M | 951.20M |
| InterestPayable | 17.53M | |||
| Payables | 1.30B | 983.70M | 1.09B | 1.02B |
| TotalTaxPayable | 67.31M | 3.78M | 5.52M | 6.52M |
| IncomeTaxPayable | 67.31M | 3.78M | 5.52M | 6.52M |
| AccountsPayable | 1.23B | 979.91M | 1.09B | 1.02B |
| TotalAssets | 16.42B | 14.94B | 14.91B | 14.16B |
| TotalNonCurrentAssets | 9.94B | 9.50B | 8.12B | 6.52B |
| OtherNonCurrentAssets | 557.38M | 681.20M | 651.15M | 378.73M |
| GoodwillAndOtherIntangibleAssets | 808.76M | 704.71M | 735.23M | 769.57M |
| OtherIntangibleAssets | 331.29M | 227.23M | 257.76M | 267.51M |
| Goodwill | 477.47M | 477.47M | 477.47M | 502.07M |
| NetPPE | 8.57B | 8.12B | 6.73B | 5.37B |
| AccumulatedDepreciation | -5.05B | -4.60B | -4.20B | -3.85B |
| GrossPPE | 13.62B | 12.72B | 10.93B | 9.22B |
| ConstructionInProgress | 1.67B | 2.77B | 2.10B | 780.74M |
| MachineryFurnitureEquipment | 9.19B | 7.67B | 6.89B | 6.68B |
| BuildingsAndImprovements | 1.91B | 1.49B | 1.26B | 1.24B |
| LandAndImprovements | 849.39M | 801.21M | 693.17M | 521.88M |
| CurrentAssets | 6.48B | 5.43B | 6.79B | 7.64B |
| OtherCurrentAssets | 293.12M | 163.13M | 162.79M | 195.37M |
| Inventory | 3.74B | 3.11B | 2.89B | 3.13B |
| FinishedGoods | 766.26M | 715.75M | 659.77M | 636.48M |
| WorkInProcess | 414.49M | 269.03M | 296.93M | 256.07M |
| RawMaterials | 2.56B | 2.13B | 1.94B | 2.24B |
| Receivables | 1.68B | 1.42B | 1.61B | 2.06B |
| AccountsReceivable | 1.68B | 1.42B | 1.61B | 2.06B |
| AllowanceForDoubtfulAccountsReceivable | -5.42M | -7.73M | -8.48M | -5.68M |
| GrossAccountsReceivable | 1.69B | 1.42B | 1.62B | 2.06B |
| CashCashEquivalentsAndShortTermInvestments | 769.88M | 737.27M | 2.12B | 2.26B |
| OtherShortTermInvestments | 0.00 | 147.81M | 721.21M | 628.22M |
| CashAndCashEquivalents | 769.88M | 589.46M | 1.40B | 1.63B |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 501.51M | -23.50M | 1.86B | 3.55B |
| RepurchaseOfCapitalStock | -900.87M | -1.21B | -1.45B | -1.80B |
| RepaymentOfDebt | -2.57B | -2.32B | -1.37B | -1.51B |
| IssuanceOfDebt | 3.55B | 2.48B | 1.37B | 1.47B |
| CapitalExpenditure | -948.02M | -1.87B | -1.66B | -908.90M |
| InterestPaidSupplementalData | 156.75M | 100.98M | 103.17M | 100.99M |
| IncomeTaxPaidSupplementalData | 152.00M | 463.76M | 642.67M | 1.06B |
| EndCashPosition | 775.27M | 595.01M | 1.41B | 1.63B |
| BeginningCashPosition | 595.01M | 1.41B | 1.63B | 1.25B |
| ChangesInCash | 180.26M | -811.45M | -227.46M | 384.55M |
| FinancingCashFlow | -294.31M | -1.35B | -1.78B | -2.20B |
| CashFlowFromContinuingFinancingActivities | -294.31M | -1.35B | -1.78B | -2.20B |
| NetOtherFinancingCharges | -88.09M | -16.68M | -51.73M | -116.30M |
| CashDividendsPaid | -291.18M | -282.62M | -271.32M | -237.16M |
| CommonStockDividendPaid | -291.18M | -282.62M | -271.32M | -237.16M |
| NetCommonStockIssuance | -900.87M | -1.21B | -1.45B | -1.80B |
| CommonStockPayments | -900.87M | -1.21B | -1.45B | -1.80B |
| NetIssuancePaymentsOfDebt | 985.82M | 158.86M | -1.89M | -42.22M |
| NetShortTermDebtIssuance | 985.82M | 158.86M | -1.89M | -42.22M |
| ShortTermDebtPayments | -2.57B | -2.32B | -1.37B | -1.51B |
| ShortTermDebtIssuance | 3.55B | 2.48B | 1.37B | 1.47B |
| InvestingCashFlow | -974.96M | -1.30B | -1.97B | -1.88B |
| CashFlowFromContinuingInvestingActivities | -974.96M | -1.30B | -1.97B | -1.88B |
| NetOtherInvestingChanges | 1.42M | -8.31M | -221.59M | 15.84M |
| NetInvestmentPurchaseAndSale | 147.43M | 572.95M | -90.75M | -629.63M |
| SaleOfInvestment | 187.00M | 1.31B | 1.05B | 297.95M |
| PurchaseOfInvestment | -39.57M | -739.34M | -1.15B | -927.58M |
| NetBusinessPurchaseAndSale | -175.77M | 0.00 | 0.00 | -356.57M |
| PurchaseOfBusiness | 0.00 | 0.00 | -222.48M | 0.00 |
| NetPPEPurchaseAndSale | -948.02M | -1.87B | -1.66B | -908.90M |
| PurchaseOfPPE | -948.02M | -1.87B | -1.66B | -908.90M |
| OperatingCashFlow | 1.45B | 1.84B | 3.52B | 4.46B |
| CashFlowFromContinuingOperatingActivities | 1.45B | 1.84B | 3.52B | 4.46B |
| ChangeInWorkingCapital | -442.34M | -202.86M | 517.10M | 102.08M |
| ChangeInOtherWorkingCapital | 52.18M | 10.18M | 56.76M | 31.62M |
| ChangeInOtherCurrentAssets | -77.28M | -13.72M | -23.78M | -6.88M |
| ChangeInPayablesAndAccruedExpense | 163.65M | -169.40M | -194.93M | -225.36M |
| ChangeInAccruedExpense | -43.19M | -102.03M | -164.78M | 63.68M |
| ChangeInPayable | 206.84M | -67.36M | -30.15M | -289.04M |
| ChangeInAccountPayable | 206.84M | -67.36M | -30.15M | -289.04M |
| ChangeInInventory | -423.44M | -221.04M | 232.28M | 413.26M |
| ChangeInReceivables | -157.46M | 191.11M | 446.76M | -110.56M |
| ChangesInAccountReceivables | -157.46M | 191.11M | 446.76M | -110.56M |
| OtherNonCashItems | -10.21M | -5.51M | -19.72M | -1.79M |
| StockBasedCompensation | 68.98M | 66.59M | 61.74M | 59.24M |
| AssetImpairmentCharge | 0.00 | 0.00 | ||
| DeferredTax | 94.40M | -42.58M | 55.66M | 37.19M |
| DeferredIncomeTax | 94.40M | -42.58M | 55.66M | 37.19M |
| DepreciationAmortizationDepletion | 551.39M | 478.91M | 437.80M | 384.20M |
| DepreciationAndAmortization | 551.39M | 478.91M | 437.80M | 384.20M |
| NetIncomeFromContinuingOperations | 1.19B | 1.55B | 2.47B | 3.88B |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for STLD
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|