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Steel Dynamics, Inc. (STLD)

249.99 +3.19 (+1.29%)
At close: 4:00:01 PM EDT
249.99 0.00 (0.00%)
After hours: 4:39:33 PM EDT
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13m ago
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Steel Dynamics delivered a strong third quarter, led by record steel shipments, higher prices, and 92% mill utilization. The main unresolved issue is the aluminum ramp, which posted a $26 million operating lossbut showed improved yields in October. STLD is currently up 1.29% in regular-session tradingon October 28, 2026.

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  • Previous Close 246.80
  • Open 246.18
  • Bid 235.01 x 100
  • Ask 261.98 x 100
  • Day's Range 238.11 - 250.13
  • 52 Week Range 150.03 - 288.74
  • Volume 1,154,792
  • Avg. Volume 1,068,634
  • Market Cap (intraday) 35.553B
  • Beta (5Y Monthly) 1.49
  • PE Ratio (TTM) 18.46
  • EPS (TTM) 13.54
  • Earnings Date Oct 19, 2026
  • Forward Dividend & Yield 2.12 (0.86%)
  • 1y Target Est 272.67
  • Zacks Rating Bullish

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.

www.steeldynamics.com

14,400

Full Time Employees

December 31

Fiscal Year Ends

Steel

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

STLD
48.68%
S&P 500 (^GSPC)
13.13%

1-Year Return

STLD
56.87%
S&P 500 (^GSPC)
12.38%

3-Year Return

STLD
149.98%
S&P 500 (^GSPC)
88.08%

5-Year Return

STLD
310.82%
S&P 500 (^GSPC)
68.48%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 6.51B
Earnings 756M
Profit Margin 11.61%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
2B
4B
6B
7.0%
8.0%
9.0%
10.0%
11.0%

Analyst Insights

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Analyst Price Targets

205.45 Low
272.67 Average
249.99 Current
310.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/23/2026
Analyst Barclays
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 285 -> 280

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.82%

  • Return on Assets (ttm)

    9.45%

  • Return on Equity (ttm)

    20.81%

  • Revenue (ttm)

    22.22B

  • Net Income Avi to Common (ttm)

    1.96B

  • Diluted EPS (ttm)

    13.54

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    928.56M

  • Total Debt/Equity (mrq)

    45.12%

  • Levered Free Cash Flow (ttm)

    429.93M

Company Insights

Research Reports

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