(STLD) Steel Dynamics - Overview
Sector: Basic MaterialsIndustry: Steel | Exchange NASDAQ (USA) | Currency USD | Market Cap: 24.329m | Total Return 35.5% in 12m
Stock: Steel, Fabrication, Recycling, Aluminum
Total Rating 66
Risk 79
Buy Signal -0.73
| Risk 5d forecast | |
|---|---|
| Volatility | 35.1% |
| Relative Tail Risk | -7.21% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.89 |
| Alpha | 20.93 |
| Character TTM | |
|---|---|
| Beta | 1.166 |
| Beta Downside | 1.615 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.66% |
| CAGR/Max DD | 0.58 |
EPS (Earnings per Share)
Revenue
Description: STLD Steel Dynamics March 04, 2026
Steel Dynamics, Inc. (STLD) is a U.S.-based steel producer and metal recycler. The company operates across four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations.
The Steel Operations segment produces various steel products, including hot rolled, cold rolled, and coated steel, as well as structural steel and reinforcing bars. These products serve diverse sectors such as construction, automotive, and energy. The steel industry is cyclical, heavily influenced by global economic growth and demand from manufacturing and construction.
The Metals Recycling Operations segment processes and markets ferrous and nonferrous scrap metals. This segment is crucial for the companys vertically integrated business model, as recycled scrap is a primary input for steel production, reducing reliance on virgin materials and often lowering production costs.
The Steel Fabrication Operations segment manufactures non-residential building components like steel joists, girders, and steel deck products. The Aluminum Operations segment focuses on recycled aluminum flat rolled products.
Further analysis of STLDs financial performance and market position can be found on ValueRay.
Headlines to watch out for
- Steel prices dictate Steel Operations revenue and profitability
- Scrap metal prices impact Metals Recycling margins
- Non-residential construction demand drives Steel Fabrication sales
- Automotive and manufacturing sectors influence steel product demand
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.21 > 1.0 |
| NWC/Revenue: 24.00% < 20% (prev 18.70%; Δ 5.29% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.45b > Net Income 1.19b |
| Net Debt (3.44b) to EBITDA (2.11b): 1.63 < 3 |
| Current Ratio: 3.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.2m) vs 12m ago -4.29% < -2% |
| Gross Margin: 13.12% > 18% (prev 0.16%; Δ 1.30k% > 0.5%) |
| Asset Turnover: 116.0% > 50% (prev 117.4%; Δ -1.48% > 0%) |
| Interest Coverage Ratio: 22.32 > 6 (EBITDA TTM 2.11b / Interest Expense TTM 70.0m) |
Altman Z'' 7.73
| A: 0.27 (Total Current Assets 6.48b - Total Current Liabilities 2.12b) / Total Assets 16.41b |
| B: 0.96 (Retained Earnings 15.69b / Total Assets 16.41b) |
| C: 0.10 (EBIT TTM 1.56b / Avg Total Assets 15.67b) |
| D: 2.10 (Book Value of Equity 15.69b / Total Liabilities 7.48b) |
| Altman-Z'' Score: 7.73 = AAA |
Beneish M -2.76
| DSRI: 1.15 (Receivables 1.68b/1.42b, Revenue 18.18b/17.54b) |
| GMI: 1.22 (GM 13.12% / 15.98%) |
| AQI: 0.89 (AQ_t 0.08 / AQ_t-1 0.09) |
| SGI: 1.04 (Revenue 18.18b / 17.54b) |
| TATA: -0.02 (NI 1.19b - CFO 1.45b) / TA 16.41b) |
| Beneish M-Score: -2.76 (Cap -4..+1) = A |
What is the price of STLD shares?
As of March 29, 2026, the stock is trading at USD 170.97 with a total of 966,616 shares traded.
Over the past week, the price has changed by +4.28%, over one month by -11.47%, over three months by -0.81% and over the past year by +35.52%.
Over the past week, the price has changed by +4.28%, over one month by -11.47%, over three months by -0.81% and over the past year by +35.52%.
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.
- StrongBuy: 7
- Buy: 3
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the STLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 193.5 | 13.2% |
| Analysts Target Price | 193.5 | 13.2% |
STLD Fundamental Data Overview March 25, 2026
P/E Trailing = 20.8822
P/E Forward = 12.0048
P/S = 1.3385
P/B = 2.6519
P/EG = 10.9053
Revenue TTM = 18.18b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 2.11b USD
Long Term Debt = 4.18b USD (from longTermDebt, last quarter)
Short Term Debt = 34.7m USD (from shortTermDebt, last quarter)
Debt = 4.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.44b USD (from netDebt column, last quarter)
Enterprise Value = 27.77b USD (24.33b + Debt 4.21b - CCE 769.9m)
Interest Coverage Ratio = 22.32 (Ebit TTM 1.56b / Interest Expense TTM 70.0m)
EV/FCF = 55.37x (Enterprise Value 27.77b / FCF TTM 501.5m)
FCF Yield = 1.81% (FCF TTM 501.5m / Enterprise Value 27.77b)
FCF Margin = 2.76% (FCF TTM 501.5m / Revenue TTM 18.18b)
Net Margin = 6.52% (Net Income TTM 1.19b / Revenue TTM 18.18b)
Gross Margin = 13.12% ((Revenue TTM 18.18b - Cost of Revenue TTM 15.79b) / Revenue TTM)
Gross Margin QoQ = 11.83% (prev 15.70%)
Tobins Q-Ratio = 1.69 (Enterprise Value 27.77b / Total Assets 16.41b)
Interest Expense / Debt = 0.64% (Interest Expense 27.0m / Debt 4.21b)
Taxrate = 14.84% (46.1m / 310.6m)
NOPAT = 1.33b (EBIT 1.56b * (1 - 14.84%))
Current Ratio = 3.06 (Total Current Assets 6.48b / Total Current Liabilities 2.12b)
Debt / Equity = 0.47 (Debt 4.21b / totalStockholderEquity, last quarter 8.96b)
Debt / EBITDA = 1.63 (Net Debt 3.44b / EBITDA 2.11b)
Debt / FCF = 6.86 (Net Debt 3.44b / FCF TTM 501.5m)
Total Stockholder Equity = 8.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.56% (Net Income 1.19b / Total Assets 16.41b)
RoE = 13.31% (Net Income TTM 1.19b / Total Stockholder Equity 8.91b)
RoCE = 11.94% (EBIT 1.56b / Capital Employed (Equity 8.91b + L.T.Debt 4.18b))
RoIC = 10.32% (NOPAT 1.33b / Invested Capital 12.90b)
WACC = 8.67% (E(24.33b)/V(28.54b) * Re(10.08%) + D(4.21b)/V(28.54b) * Rd(0.64%) * (1-Tc(0.15)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.07%
[DCF] Terminal Value 67.66% ; FCFF base≈501.5m ; Y1≈329.3m ; Y5≈150.6m
[DCF] Fair Price = N/A (negative equity: EV 2.67b - Net Debt 3.44b = -775.4m; debt exceeds intrinsic value)
EPS Correlation: -78.79 | EPS CAGR: -27.21% | SUE: 1.76 | # QB: 2
Revenue Correlation: -72.29 | Revenue CAGR: -6.01% | SUE: -0.61 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.62 | Chg7d=-0.107 | Chg30d=-0.075 | Revisions Net=+2 | Analysts=8
EPS current Year (2026-12-31): EPS=13.62 | Chg7d=-0.429 | Chg30d=-0.263 | Revisions Net=+2 | Growth EPS=+70.5% | Growth Revenue=+14.9%
EPS next Year (2027-12-31): EPS=15.70 | Chg7d=-0.277 | Chg30d=+0.045 | Revisions Net=+3 | Growth EPS=+15.2% | Growth Revenue=+2.8%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.3% (Discount Rate 10.1% - Earnings Yield 4.8%)
[Growth] Growth Spread = +13.0% (Analyst 18.3% - Implied 5.3%)
P/E Forward = 12.0048
P/S = 1.3385
P/B = 2.6519
P/EG = 10.9053
Revenue TTM = 18.18b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 2.11b USD
Long Term Debt = 4.18b USD (from longTermDebt, last quarter)
Short Term Debt = 34.7m USD (from shortTermDebt, last quarter)
Debt = 4.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.44b USD (from netDebt column, last quarter)
Enterprise Value = 27.77b USD (24.33b + Debt 4.21b - CCE 769.9m)
Interest Coverage Ratio = 22.32 (Ebit TTM 1.56b / Interest Expense TTM 70.0m)
EV/FCF = 55.37x (Enterprise Value 27.77b / FCF TTM 501.5m)
FCF Yield = 1.81% (FCF TTM 501.5m / Enterprise Value 27.77b)
FCF Margin = 2.76% (FCF TTM 501.5m / Revenue TTM 18.18b)
Net Margin = 6.52% (Net Income TTM 1.19b / Revenue TTM 18.18b)
Gross Margin = 13.12% ((Revenue TTM 18.18b - Cost of Revenue TTM 15.79b) / Revenue TTM)
Gross Margin QoQ = 11.83% (prev 15.70%)
Tobins Q-Ratio = 1.69 (Enterprise Value 27.77b / Total Assets 16.41b)
Interest Expense / Debt = 0.64% (Interest Expense 27.0m / Debt 4.21b)
Taxrate = 14.84% (46.1m / 310.6m)
NOPAT = 1.33b (EBIT 1.56b * (1 - 14.84%))
Current Ratio = 3.06 (Total Current Assets 6.48b / Total Current Liabilities 2.12b)
Debt / Equity = 0.47 (Debt 4.21b / totalStockholderEquity, last quarter 8.96b)
Debt / EBITDA = 1.63 (Net Debt 3.44b / EBITDA 2.11b)
Debt / FCF = 6.86 (Net Debt 3.44b / FCF TTM 501.5m)
Total Stockholder Equity = 8.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.56% (Net Income 1.19b / Total Assets 16.41b)
RoE = 13.31% (Net Income TTM 1.19b / Total Stockholder Equity 8.91b)
RoCE = 11.94% (EBIT 1.56b / Capital Employed (Equity 8.91b + L.T.Debt 4.18b))
RoIC = 10.32% (NOPAT 1.33b / Invested Capital 12.90b)
WACC = 8.67% (E(24.33b)/V(28.54b) * Re(10.08%) + D(4.21b)/V(28.54b) * Rd(0.64%) * (1-Tc(0.15)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.07%
[DCF] Terminal Value 67.66% ; FCFF base≈501.5m ; Y1≈329.3m ; Y5≈150.6m
[DCF] Fair Price = N/A (negative equity: EV 2.67b - Net Debt 3.44b = -775.4m; debt exceeds intrinsic value)
EPS Correlation: -78.79 | EPS CAGR: -27.21% | SUE: 1.76 | # QB: 2
Revenue Correlation: -72.29 | Revenue CAGR: -6.01% | SUE: -0.61 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.62 | Chg7d=-0.107 | Chg30d=-0.075 | Revisions Net=+2 | Analysts=8
EPS current Year (2026-12-31): EPS=13.62 | Chg7d=-0.429 | Chg30d=-0.263 | Revisions Net=+2 | Growth EPS=+70.5% | Growth Revenue=+14.9%
EPS next Year (2027-12-31): EPS=15.70 | Chg7d=-0.277 | Chg30d=+0.045 | Revisions Net=+3 | Growth EPS=+15.2% | Growth Revenue=+2.8%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.3% (Discount Rate 10.1% - Earnings Yield 4.8%)
[Growth] Growth Spread = +13.0% (Analyst 18.3% - Implied 5.3%)