Skip to content

Steel Dynamics STLD Interest coverage

Interest coverage at other companies

Reliance logo
RelianceRS
18.6×-6.2×
Alcoa logo
AlcoaAA
7.4×-0.7×
Carpenter Technology logo
Carpenter TechnologyCRS
15.3×+5.6×
CSX logo
CSXCSX
5.6×-0.4×
ATI logo
ATIATI
11×+6.2×
Republic Services logo
Republic ServicesRSG
5.7×-0.4×

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 trailing twelve months.

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 interest coverage.

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 interest coverage?
Steel Dynamics (STLD) reported interest coverage of 19.1× in Q1 2026.
How has Steel Dynamics's interest coverage changed year-over-year?
Steel Dynamics's interest coverage decreased by 26.5% year-over-year, from 26× to 19.1×.
What is the long-term trend for Steel Dynamics's interest coverage?
Over 4 years (2021 to 2025), Steel Dynamics's interest coverage has grown at a -13.4% compound annual growth rate (CAGR), from 164.7× to 92.5×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.