Score Your Stock

US stock · figures in US dollars · scored on full-year results

Steel Dynamics Steel Dynamics, Inc.

STLD · Basic Materials · Steel
Top 42% of scored stocks
OkayTop 42% of scored stocks
Weak Spot

Steel Dynamics scores 57/100 on fundamentals: in the top 42% of 503 scored S&P 500 stocks. Its strongest area is Financial Safety (100/100); its weakest is Price Fairness (17/100). It carries 1 warning flag: Weak Spot.

Best
Financial 100
Weakest
Price 17
  • Carries a Weak Spot flag

A financially strong stock, but price fairness needs attention.

What looks good
What to watch
Mkt capUS$ 35.7b#292 of 503 in the S&P 500EPSUS$ 13.54P/E18.4×✓ vs sector median 28×P/B3.8×✗ vs sector median 3×Div yield1%Bottom 37% in the S&P 50052w range · 73% of range150.03288.74
as of 31 Oct 2026

Nearby peers

Ranks #6 of 19 in Basic Materials by score

#1CF Industries75#4Martin Marietta Materials58#5Nucor58
#6Steel Dynamics57
#7PPG Industries55#8Linde52

One-Minute Summary

Why Steel Dynamics scores 57

A financially strong stock, but price fairness needs attention.

What looks good
What to watch

Business Strength

60
Why 60?
Pillar score: (2 + 1 + 0 + 1 + 2) = 6 of 10 points → 60
Return on Equity (ROE)21%Strong4-Year Revenue Growth+6%/yrOkay4-Year Profit Growth-7%/yrWeakNet Profit Margin9%OkayQuarterly Momentum+20%Strong
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↓ -20%Equity ↑ +6.2%ROE % 20.8%
Net ProfitEquityROE %
2.5b1.5b1.2b2.0b8.9b8.9b9.0b9.4b202320242025TTM27.6%17.2%13.2%20.8%

Revenue & Net Profit, with Net Margin

Revenue ↑ +18.2%Net Profit ↓ -20%Net Margin % 8.8%
RevenueNet ProfitNet Margin %
18.8b17.5b18.2b22.2b2.5b1.5b1.2b2.0b202320242025TTM13%8.8%6.5%8.8%

Sales grew about 18.2% over 4 years: customers keep spending more with this company.

Profit fell about 20% from where it was 4 years ago: the boom has cooled off.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +40.3%Net Profit ↑ +66.4%Net Margin % 8.8%
RevenueNet ProfitNet Margin %
4.3b3.9b4.4b4.6b4.8b4.4b5.2b6.1b321m210m218m299m404m266m403m534mQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'267.4%5.4%5%6.5%8.4%6%7.8%8.8%
▼▼▼▼▲▲▲▲

Sales grew about 40.3% over the last 8 quarters: customers keep spending more with this company.

Profit grew about 66.4% over the last 8 quarters: the business is keeping more of what it earns.

Why 100?
Pillar score: (2 + 2 + 2) = 6 of 6 points → 100
Debt-to-Equity0.4×StrongCurrent Ratio3.2×StrongInterest Coverage18.9×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↑ +36.2%Equity ↑ +6.2%D/E 0.4×
Total DebtEquityD/E
3.1b3.2b4.2b4.2b8.9b8.9b9.0b9.4b202320242025TTM0.3×0.4×0.5×0.4×

Borrowings grew about 36.2% over 4 years: watch this; rising debt adds pressure in bad times.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +7.3%Current Liabilities → -1.9%Current Ratio 3.2×
Current AssetsCurrent LiabilitiesCurrent Ratio
6.8b5.4b6.5b7.3b2.3b2.2b2.1b2.3b202320242025TTM2.9×2.5×3.1×3.2×
Why 50?
Pillar score: (0 + 1 + 2 + 1) = 4 of 8 points → 50
Dividend Quality1%Weak
Payout ratio: 15%
Operating Cash FlowPositive but bumpyOkayFree Cash FlowPositive & growingStrongCash & Cash EquivalentsPartly healthyOkay
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↓ -51.9%Free CF ↓ -41.2%
Operating CFFree CF
3.5b1.8b1.4b1.7b1.9b-23m502m1.1b202320242025TTM

Cash keeps coming in, though unevenly: fine, but worth keeping an eye on.

Cash vs Total Debt

Cash ↓ -59.5%Short-Term Debt ↓ -99.7%Total Debt ↑ +36.2%
CashShort-Term DebtTotal Debt
1.4b590m770m568m460m427m35m1m3.1b3.2b4.2b4.2b202320242025TTM

Dividends per Share, with Yield

DPS (cents) ↑ +47.1%Yield % 0.8%
DPS (cents)Yield %
3434343442.542.5464650505013617018420020222023202420251.8%1.6%1.5%0.8%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 17?
Pillar score: (1 + 0 + 0) = 1 of 6 points → 17
P/E Ratio18.4×OkayP/B Ratio3.8×WeakPEG Ration/m (growth not measurable)Weak
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 281.45US$ 215.89US$ 150.33Oct '25Feb '26Jun '26Oct '26

The share price is up about 61.7% over the past year.

Why 58?
Pillar score: (1 + 0 + 2 + 1 + 1 + 2) = 7 of 12 points → 58
Earnings ConsistencyUnevenOkayDebt Trend (4yr)RisingWeakShare Count Trend (4yr)-4%/yrStrongInventory vs Sales (4yr)+5.2 pp/yr vs salesOkayAsset Turnover Trend (4yr)+3%OkayQuarterly Consistency0 of 4 quarters downStrong
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +18.2%Inventory ↑ +36.7%Inv. % of Rev. 17.8%
RevenueInventoryInv. % of Rev.
18.8b17.5b18.2b22.2b2.9b3.1b3.7b4.0b202320242025TTM15.4%17.8%20.6%17.8%
Ranks #6 of 19 in Basic Materials by score

Sector peers

#1CF Industries75#4Martin Marietta Materials58#5Nucor58
#6Steel Dynamics (you)57
#7PPG Industries55#8Linde52

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B Ratio
2026US$ 22.2bUS$ 2.0bUS$ 1.7bUS$ 1.1bUS$ -599.9mUS$ 567.7mUS$ 4.2bUS$ 1.3mUS$ 9.4bUS$ 7.3bUS$ 2.3bUS$ 17.1bUS$ 7.8bUS$ 4.0b-21%9%0.4×3.2×18.9×15%---
2025US$ 18.2bUS$ 1.2bUS$ 1.4bUS$ 501.5mUS$ -948.0mUS$ 769.9mUS$ 4.2bUS$ 34.7mUS$ 9.0bUS$ 6.5bUS$ 2.1bUS$ 16.4bUS$ 7.5bUS$ 3.7bUS$ 200.0m13%7%0.5×3.1×22.3×25%1%21.4×2.8×
2024US$ 17.5bUS$ 1.5bUS$ 1.8bUS$ -23.5mUS$ -1.9bUS$ 589.5mUS$ 3.2bUS$ 427.0mUS$ 8.9bUS$ 5.4bUS$ 2.2bUS$ 14.9bUS$ 6.0bUS$ 3.1bUS$ 184.0m17%9%0.4×2.5×36.2×18%2%10.9×1.9×
2023US$ 18.8bUS$ 2.5bUS$ 3.5bUS$ 1.9bUS$ -1.7bUS$ 1.4bUS$ 3.1bUS$ 460.0mUS$ 8.9bUS$ 6.8bUS$ 2.3bUS$ 14.9bUS$ 6.1bUS$ 2.9bUS$ 170.0m28%13%0.4×2.9×43.1×11%1%7.4×2.1×