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Steel Dynamics(NASDAQ) STLD

Market Cap$35.54BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1996)+8,374%
5 Year+307%
1 Year+63%
1 Month+3%
Premium Feature
Moneyball Superscore
78/100
$239.67
-3.35%
-8.30Today
After hours$239.88+$0.21 (+0.09%)
Steel Dynamics last closing stock price
MetricPriceDate
Last closeUSD 239.902026-10-22
Steel Dynamics stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.36%USD 240.762026-10-15
1 month+2.77%USD 233.432026-09-22
3 month-2.69%USD 246.522026-07-24
Year to date+42.68%USD 168.142025-12-31
1 year+63.22%USD 146.982025-10-22
3 year+152.91%USD 94.862023-10-23
5 year+306.59%USD 59.002021-10-22
Since inception+8,374.2%USD 2.931996-11-22

Steel Dynamics Financials at a Glance

Market Cap

$35.54BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$22.22B

Net Income (TTM)

$1.96B

EPS (TTM)

$13.55

P/E Ratio

18.30

Dividend

$2.09

Beta (Volatility)

1.12 (Average)

Price

$239.67

Volume

1,389,441.16

Open

$243.52

Previous Close

$239.90

Daily Range

$232.44 - $244.82

52-Week Range

$148.13 - $288.74

Estimated Earnings Date

Jan 25, 2027

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About Steel Dynamics

Steel Dynamics, Inc. NASDAQ:STLD makes metal for buildings and cars. It recycles scrap into new steel and aluminum products. These materials help manufacturers build essential infrastructure and goods.

Steel, Scrap, and New Metals

  • Steel Operations: Produces steel using electric arc furnaces that melt scrap with electricity; accounted for 66% of net sales in the second quarter of 2026.
  • Metals Recycling: Collects and processes ferrous (iron-based) and nonferrous scrap metal for mills and foundries; made up 11% of net sales in the second quarter of 2026.
  • Steel Fabrication: Manufactures steel joists and deck systems for nonresidential buildings like warehouses and offices; represented 6% of net sales in the second quarter of 2026.
  • Aluminum Operations: Makes flat-rolled products for the beverage can, automotive, and industrial sectors; contributed 8% of net sales in the second quarter of 2026.

Expanding Into Aluminum and Carbon

  • Acquired 100% ownership of SDI Biocarbon Solutions, LLC on June 19, 2026, to support its manufacturing processes.
  • Launched a recycled aluminum flat-rolled products mill in Columbus, Mississippi, which shipped 53,000 metric tons in the second quarter of 2026.
  • Established satellite recycled aluminum slab centers to provide raw materials for its new aluminum production facility.
  • Invested $261.8 million in property and equipment during the first half of 2026 to expand production capacity.

A Loop That Saves Money

Steel Dynamics uses a circular manufacturing model that turns recycled scrap into new metal products. This integrated approach allows its recycling operations to supply 65% of the ferrous scrap needed for its own steel mills.

Strong Growth in the Numbers

  • Net sales reached $6.1 billion in the second quarter of 2026, up 33% year over year.
  • Operating income was $700.5 million in the second quarter of 2026, up 83% year over year.
  • Net income hit $534.1 million in the second quarter of 2026, up 79% year over year.
  • Total liquidity stood at $2.0 billion as of June 30, 2026, including $567.7 million in cash and equivalents.
  • Steel shipments reached a record 3.7 million tons in the second quarter of 2026, up 12% year over year.

Evolution of a Metals Leader

Steel Dynamics has evolved from a steel manufacturer into a diversified provider of sustainable metal solutions. Its integrated recycling and production model supports growth in the construction, automotive, and packaging sectors.

AI Generated • Jul 29, 2026

Industry

Metals and Mining

Sector

Materials

Employees

14,400

CEO

Mark D. Millett

Headquarters

Fort Wayne, IN 46804, US

STLD Financials

Key Financial Metrics (TTM)

Gross Margin

15.84%

Operating Margin

12.02%

Net Income Margin

8.82%

Return on Equity

20.97%

Return on Capital

11.21%

Return on Assets

10.99%

Earnings Yield

5.46%

Dividend Yield

0.84%

Payout Ratio

15.22%

Stock Overview

Market Cap

$35.54BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

143.33M

Volume

1.39M

Avg. Volume

1.07M

Financials (TTM)

Gross Profit

$3.52B

Operating Income

$2.67B

EBITDA

$3.50B

Operating Cash Flow

$1.69B

Capital Expenditure

-$599.93M

Free Cash Flow

$1.09B

Cash & ST Invst.

$928.56M

Total Debt

$4.20B

Steel Dynamics Performance Analysis

Steel Dynamics annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 22,260,774,00020.9%
20232023-12-31USD 18,795,316,000-15.6%
20242024-12-31USD 17,540,390,000-6.7%
20252025-12-31USD 18,176,581,0003.6%
Steel Dynamics sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-12-31-8.6%
Q12026-03-3117.9%
Q22026-06-3017.0%
Q32026-09-306.9%
Steel Dynamics annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 20.9234.5%
20232023-12-31USD 14.64-30.0%
20242024-12-31USD 9.84-32.7%
20252025-12-31USD 7.99-18.9%
Steel Dynamics sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-12-31-33.6%
Q12026-03-3152.7%
Q22026-06-3032.7%
Q32026-09-3042.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$6.51B

+34.8%

Gross Profit

$1.27B

+68.2%

Gross Margin

19.58%

N/A

Market Cap

$35.54BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.47M

N/A

Employees

14,400

N/A

Net Income

$756.00M

+87.3%

EBITDA

$1.18B

+77.4%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$928.56M

+20.5%

Total Debt

$4.20B

+11.1%

Accounts Receivable

$2.45B

+38.8%

Inventory

$4.25B

+33.0%

Long Term Debt

$4.18B

+10.6%

Short Term Debt

$20.85M

+1359.3%

Return on Assets

10.99%

N/A

Return on Invested Capital

17.47%

N/A

Free Cash Flow

$696.19M

+25.0%

Operating Cash Flow

$845.79M

+17.0%

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Questions About STLD

What is the current price of Steel Dynamics?

Steel Dynamics is trading at $239.90 per share.

What is the 52-week range for Steel Dynamics?

Over the past 52 weeks, Steel Dynamics has traded between $148.13 and $288.74.

How much debt does Steel Dynamics have?

As of the most recent reporting period, Steel Dynamics reported total debt of $4.20B.

How much cash does Steel Dynamics have on hand?

Steel Dynamics reported $928.56M in cash and cash equivalents in its most recent financial results.

What is Steel Dynamics’s dividend yield?

Steel Dynamics currently has a dividend yield of 0.84%.

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