Skip to content

Steel Dynamics STLD Debt-to-assets

Debt-to-assets at other companies

Nucor logo
NucorNUE
0.0×
Reliance logo
RelianceRS
0.2×0.0×
Alcoa logo
AlcoaAA
0.2×0.0×
Carpenter Technology logo
Carpenter TechnologyCRS
0.2×0.0×
CSX logo
CSXCSX
-0.4×
ATI logo
ATIATI
0.3×0.0×

Other financials

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

See full
Market cap$38.96B+38.9%
Enterprise value$42.6B+36.5%
P/E28.4×+4.4×
P/S2.1×+0.4×

Profitability

See full
Gross margin14%+0.6pp
Operating margin9.1%+0.6pp
Net margin7.2%+0.4pp

Returns & leverage

See full
Return on equity15.3%+2.2pp
Debt / equity0.5×0.0×
Current ratio3.1×+0.4×

Where this comes from

Calculated from Steel Dynamics’s reported figures.

Based on the most recent quarter.

The official record: Steel Dynamics’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Steel Dynamics's debt-to-assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Steel Dynamics's debt-to-assets?
Steel Dynamics (STLD) reported debt-to-assets of 0.3× in Q1 2026.
How has Steel Dynamics's debt-to-assets changed year-over-year?
Steel Dynamics's debt-to-assets decreased by 4.6% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Steel Dynamics's debt-to-assets?
Over 4 years (2021 to 2025), Steel Dynamics's debt-to-assets has grown at a -2.5% compound annual growth rate (CAGR), from 1.1× to 1×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.