Skip to content

Steel Dynamics STLD Return on invested capital

Return on invested capital at other companies

Nucor logo
NucorNUE
14.7%+5.2pp
Reliance logo
RelianceRS
9.7%+0.2pp
Alcoa logo
AlcoaAA
3.7%+2.2pp
Carpenter Technology logo
Carpenter TechnologyCRS
21.8%+3.7pp
CSX logo
CSXCSX
17.9%-18.0pp
ATI logo
ATIATI
20.3%+4.2pp

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 return on invested capital.

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 return on invested capital?
Steel Dynamics (STLD) reported return on invested capital of 11.2% in Q1 2026.
How has Steel Dynamics's return on invested capital changed year-over-year?
Steel Dynamics's return on invested capital increased by 11.0% year-over-year, from 10.1% to 11.2%.
What is the long-term trend for Steel Dynamics's return on invested capital?
Over 4 years (2021 to 2025), Steel Dynamics's return on invested capital has grown at a -25.5% compound annual growth rate (CAGR), from 123% to 37.9%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.