What is Steel Dynamics's market cap?

Steel Dynamics (STLD) has a market capitalization of $33.0B and trades on NASDAQ.

What is Steel Dynamics's revenue and profitability?

Steel Dynamics generated $19.0B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 7.2%. Gross margin stands at 14.0%, with free cash flow of $664.7M. These figures are based on the Q1 2026 filing.

Who are Steel Dynamics's competitors?

Steel Dynamics's key competitors include Cleveland-Cliffs Inc., Commercial Metals Company, Nucor Corporation, and others. These companies compete in similar markets and product categories.

What subsidiaries does Steel Dynamics have?

Steel Dynamics's subsidiaries include OmniSource, New Millennium Building Systems.

Where is Steel Dynamics headquartered?

Steel Dynamics is headquartered in United States of America and employs approximately 12,600 people. It has been publicly traded since 1996.

Steel Dynamics

STLD

Steel Dynamics is a leading North American industrial metals solutions provider operating a circular manufacturing model that utilizes recycled scrap to produce lower-carbon-emission products.

Market cap

$32.99B+66.8%

Revenue$19.0B+10.4%

Net income$1.4B+17.2%

Free cash flow$664.7M+523%

EPS (diluted)$9.35+23.2%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 22, 2026

Revenue$5.2BBeat by $106.1M EPS$2.78Miss by $0.05

Read the full report

Next report

Jul 20, 2026 (In 1 week)

Revenue estimate$5.6B

EPS estimate$3.66

Financials

Q1 2026

Income statement

See full

Revenue$5.2B+19.1%

Gross profit$763.2M+56.9%

Operating income$538.0M+95.5%

Net income$403.4M+85.8%

EPS (diluted)$2.78+93.1%

Balance sheet

See full

Cash & equivalents$556.5M-53.1%

Total debt$4.2B+0.1%

Total equity$9.2B+3.9%

Total assets$16.7B+5.0%

Cash flow

See full

Operating cash flow$148.3M-2.8%

CapEx$138.0M-54.8%

Free cash flow$10.3M+107%

Valuation & ratios

Valuation

See full

Market cap$33.11B+66.8%

Enterprise value$36.76B+58.6%

P/E24.1×+5.1×

P/S1.7×+0.6×

Profitability

See full

Gross margin14%+0.6pp

Operating margin9.1%+0.6pp

Net margin7.2%+0.4pp

FCF margin3.5%+2.9pp

Returns & leverage

See full

Return on equity15.3%+2.2pp

Debt / equity0.5×0.0×

Current ratio3.1×+0.4×

Segments

By segment

See full

Steel Operations$3.7B+15.9%

Metals Recycling Operations$1.1B+4.9%

Corporate And Other$490.6M+40.8%

Steel Fabrication Operations$355.5M+0.8%

Aluminum Operations$242.1M+141%

By geography

See full

Non Us$324.5M-0.9%

Other Segments-$665.5M-0.9%

Competitors

By market cap

Nucor$51.8B+61.6%

Steel Dynamics$33.1B+66.4%

Reliance$19.4B+13.2%

Commercial Metals$6.8B+17.2%

Cleveland-Cliffs$5.4B+25.6%

Worthington Steel$1.6B+1.3%

Metallus$773.0M+10.9%

Friedman Industries$230.2M+97.7%

By revenue growth

Friedman Industries+45.5%

Commercial Metals+15.2%

Metallus+13.7%

Nucor+12.3%

Steel Dynamics+10.4%

Reliance+8.5%

Worthington Steel+5.6%

Cleveland-Cliffs+1.6%

By net margin

Steel Dynamics7.22%+0.4pp

Nucor6.82%+2.4pp

Commercial Metals6.02%+6.2pp

Reliance5.43%-0.2pp

Worthington Steel3.64%+0.2pp

Friedman Industries3.02%+1.7pp

Metallus0.245%-2.1pp

Cleveland-Cliffs-6.18%0.0pp

Profile

Steel Dynamics is a leading North American industrial metals solutions provider operating a circular manufacturing model that utilizes recycled scrap to produce lower-carbon-emission products. The company maintains a highly diversified portfolio across steel production, metals recycling, and downstream steel fabrication, while expanding into sustainable aluminum flat rolled products. Its business is built on a vertically integrated platform that serves critical infrastructure, automotive, and industrial sectors.

Competitive position

One of the largest domestic steel producers and metals recyclers in North America with a low-cost, electric arc furnace production model.

GeographiesUnited States, Mexico

Customer segmentsAutomotive OEMs, Construction companies, Industrial manufacturers, Packaging companies

Business modelCircular manufacturing, Vertical integration, Value-added manufacturing

SuppliersFerrous and nonferrous scrap metal, Electricity, Natural gas, Graphite electrodes

CustomersAutomotive industry, Non-residential construction, Beverage packaging, Transportation, Infrastructure

CountryUnited States of America

Listed1996

Employees12.6K

CEOMark D. Millett

SectorBasic Materials

IndustrySteel

Websitesteeldynamics.com

FilingsSEC EDGAR

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Questions, answered.

What is Steel Dynamics's market cap?: Steel Dynamics (STLD) has a market capitalization of $33.0B and trades on NASDAQ.
What is Steel Dynamics's revenue and profitability?: Steel Dynamics generated $19.0B in trailing twelve-month revenue with net income of $1.4B, representing a net margin of 7.2%. Gross margin stands at 14.0%, with free cash flow of $664.7M. These figures are based on the Q1 2026 filing.
Who are Steel Dynamics's competitors?: Steel Dynamics's key competitors include Cleveland-Cliffs Inc., Commercial Metals Company, Nucor Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Steel Dynamics have?: Steel Dynamics's subsidiaries include OmniSource, New Millennium Building Systems.
Where is Steel Dynamics headquartered?: Steel Dynamics is headquartered in United States of America and employs approximately 12,600 people. It has been publicly traded since 1996.