(STLD) Steel Dynamics - Overview
Sector: Basic Materials | Industry: Steel | Exchange: NASDAQ (USA) | Market Cap: 25.672m USD | Total Return: 57% in 12m
Steel, Fabrication, Recycling, Aluminum
Total Rating 56
Safety 81
Buy Signal 0.75
Steel
Industry Rotation: +23.9
Industry Rotation: +23.9
Market Cap:
25.7B
Avg Turnover: 198M USD
Avg Turnover: 198M USD
ATR:
3.43%
Peers RS (IBD): 50.0
Peers RS (IBD): 50.0
Risk 5d forecast
Volatility33.2%
Rel. Tail Risk-7.37%
Reward TTM
Sharpe Ratio1.60
Alpha31.80
Character TTM
Beta1.164
Beta Downside1.807
Drawdowns 3y
Max DD28.66%
CAGR/Max DD0.83
EPS (Earnings per Share)
EPS CAGR: -57.90%
EPS Trend: -84.8%
EPS Trend: -84.8%
Last SUE: -4.00
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: -6.01%
Rev. Trend: -72.3%
Rev. Trend: -72.3%
Last SUE: -0.61
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: STLD Steel Dynamics
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.
- 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)
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 April 10, 2026, the stock is trading at USD 190.00 with a total of 853,675 shares traded.
Over the past week, the price has changed by +5.44%, over one month by +4.51%, over three months by +12.59% and over the past year by +57.01%.
Over the past week, the price has changed by +5.44%, over one month by +4.51%, over three months by +12.59% and over the past year by +57.01%.
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?
| Analysts Target Price | 188.3 | -0.9% |
Steel Dynamics (STLD) - Fundamental Data Overview
as of 09 April 2026
P/E Trailing = 22.1765 P/E Forward = 12.9199
P/S = 1.4124
P/B = 2.8522
P/EG = 11.9454
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 = 29.11b USD (25.67b + Debt 4.21b - CCE 769.9m)
Interest Coverage Ratio = 22.32 (Ebit TTM 1.56b / Interest Expense TTM 70.0m)
EV/FCF = 58.05x (Enterprise Value 29.11b / FCF TTM 501.5m)
FCF Yield = 1.72% (FCF TTM 501.5m / Enterprise Value 29.11b)
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 = 1.77 (Enterprise Value 29.11b / 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 = 8.74% (E(25.67b)/V(29.88b) * Re(10.08%) + D(4.21b)/V(29.88b) * 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 67.38% ; FCFF base≈501.5m ; Y1≈329.3m ; Y5≈150.6m
[DCF] Fair Price = N/A (negative equity: EV 2.64b - Net Debt 3.44b = -801.7m; debt exceeds intrinsic value)
EPS Correlation: -84.79 | EPS CAGR: -57.90% | SUE: -4.0 | # QB: 0
Revenue Correlation: -72.29 | Revenue CAGR: -6.01% | SUE: -0.61 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.62 | Chg7d=+0.001 | Chg30d=-0.074 | Revisions Net=-2 | Analysts=7
EPS current Year (2026-12-31): EPS=13.64 | Chg7d=+0.059 | Chg30d=-0.351 | Revisions Net=-4 | Growth EPS=+70.7% | Growth Revenue=+16.1%
EPS next Year (2027-12-31): EPS=15.89 | Chg7d=+0.157 | Chg30d=+0.029 | Revisions Net=-3 | Growth EPS=+16.6% | Growth Revenue=+3.1%
[Analyst] Revisions Ratio: -0.33 (2 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.6% (Discount Rate 10.1% - Earnings Yield 4.5%)
[Growth] Growth Spread = +13.9% (Analyst 19.4% - Implied 5.6%)
External Resources