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Steel Dynamics STLD Ratios & Valuation

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin14%+0.6pp13.2%-2.8pp13.1%-4.2pp12.5%-6.4pp13.4%-7.9pp
Operating margin9.1%+0.6pp8.1%-3.0pp8%-4.5pp7.5%-6.6pp8.5%-8.0pp
Net margin7.2%+0.4pp6.5%-2.2pp6.4%-3.4pp6.1%-5.0pp6.8%-6.1pp
EBITDA margin12.2%+0.8pp11.2%-2.7pp11%-4.1pp10.5%-6.1pp11.4%-7.5pp
Free cash flow margin3.5%+4.4pp2.8%+2.9pp1.8%-0.7pp-0.6%-5.3pp-0.9%-8.1pp
Returns
Return on equity15.3%+2.2pp13.3%-4.0pp12.5%-7.0pp11.6%-11.0pp13.1%-14.5pp
Return on assets8.4%+0.8pp7.6%-2.7pp7.1%-4.3pp6.8%-6.8pp7.6%-8.8pp
Return on invested capital11.2%+1.1pp9.7%-3.9pp9.4%-6.3pp8.7%-9.5pp10.1%-12.5pp
Efficiency
Asset turnover1.2×+0.1×1.2×0.0×1.1×-0.1×1.1×-0.1×1.1×-0.2×
Inventory turnover4.7×-0.2×4.6×-0.3×4.9×0.0×4.7×-0.1×4.9×0.0×
Liquidity
Current ratio3.1×+0.4×3.1×+0.5×3.1×+0.7×3.1×+0.8×2.7×-0.1×
Quick ratio1.3×0.0×1.3×+0.2×1.5×+0.2×1.3×+0.1×1.4×-0.2×
Cash ratio0.3×-0.3×0.4×+0.1×0.4×0.0×0.3×-0.1×0.5×+0.1×
Leverage
Debt-to-equity0.5×0.0×0.5×+0.1×0.4×0.0×0.4×+0.1×0.5×+0.1×
Debt-to-assets0.3×0.0×0.3×0.0×0.2×0.0×0.2×0.0×0.3×+0.1×
Net debt / EBITDA1.6×0.0×1.8×+0.6×1.6×+0.6×1.8×+1.1×1.5×+1.0×
Interest coverage19.1×-6.9×21.1×-13.4×24.3×-15.0×21.1×-23.1×26×-20.5×
Per Share
Book value per share$63.07+7.8%$60.36+5.5%$60.94+3.9%$59.51+2.7%$58.52+2.8%
Valuation
Market capitalization$26.05B+38.9%$24.75B+42.5%$20.52B+3.8%$19.03B-7.4%$18.75B-20.3%
Enterprise value$29.69B+36.5%$28.36B+40.9%$23.54B+4.9%$22.36B-1.7%$21.76B-14.7%
Price / earnings19×+3.0×20.9×+9.6×18.2×+6.9×18.3×+8.1×16×+6.2×
Price / sales1.4×+0.3×1.4×+0.4×1.2×+0.1×1.1×0.0×1.1×-0.2×
Price / book2.8×+0.7×2.8×+0.8×2.3×+0.1×2.1×-0.1×2.1×-0.5×
EV / EBITDA12.8×+1.7×14×+5.7×12.2×+3.8×12.4×+4.8×11.1×+3.8×
EV / sales1.6×+0.3×1.6×+0.4×1.3×+0.1×1.3×+0.1×1.3×-0.1×
Free cash flow yield2.6%+3.4pp2%+2.2pp1.5%-0.7pp-0.6%-4.7pp-0.8%-6.5pp
Earnings yield5.3%-1.0pp4.8%-4.1pp5.5%-3.4pp5.5%-4.3pp6.2%-4.0pp
Dividend yield1.1%-0.4pp1.2%-0.5pp1.4%0.0pp1.5%+0.1pp1.5%+0.3pp
PEG ratio1.1×—————————

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Questions, answered.

What are Steel Dynamics's profit margins?
Steel Dynamics (STLD) runs a 14.0% gross margin and a 9.1% operating margin, with a 7.2% net margin.
Where do Steel Dynamics's ratios come from?
Every ratio is computed from Steel Dynamics's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.