STLD
Steel Dynamics
$250.98
▲ 0.4%Updated Today 7:15 PM ET
▲ Up 92.1% over the last 12 months
Market Cap
$36.04B
P/E
26.53x
Forward P/E (est.)
21.5x
ROE
15.3%
Revenue Growth
10.4%
EPS Growth
23.4%
Profit Margin
7.2%
FCF Yield
6.6%
Debt / Equity
0.47x
ROIC
9.0%
Interest Coverage
19.3x
Current Ratio
3.13x
Dividend Yield
0.8%
Implied Growth (rev. DCF)
7.5%
Rating Score
57/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what STLD's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. STLD trades near $250.98, above its 50-day average ($237.17) and 200-day average ($183.43). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 58 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. STLD's is $9.94 (~4.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month STLD found buyers near $222.34 (support) and sellers near $288.74 (resistance); its 52-week range is $119.89–$288.74. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Steel Dynamics (STLD) is a large-cap company in the Steel industry, part of the Materials sector of the S&P 500, with a market value around $36.04B.
In its latest reported year it generated about $18.18B in revenue and $1.19B in net profit.
Our model rates STLD Neutral (57/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
-0.3%
Revenue moved from $18.41B in 2021 to $18.18B in 2025, a -0.3% compound annual growth rate. The most recent year grew a steady 10.4% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
13.2%
Operating Margin
8.1%
Net Margin
6.5%
ROE
15.3%
Steel Dynamics keeps about 7.2% of each sales dollar as net profit, with a 13.2% gross margin and 8.1% operating margin. Return on equity is 15.3% and return on invested capital about 9.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$4.20B
Net Debt
$3.64B
Net Debt / EBITDA
2.47x
Debt / Equity
0.47x
Leverage: debt-to-equity is 0.5x, and operating profit covers interest about 19.3x, with a current ratio of 3.1x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $4.20B of total debt against $556.53M of cash.
Operating CF
$1.45B
Free Cash Flow
$501.51M
FCF Margin
2.8%
In the latest year Steel Dynamics produced about $1.45B of operating cash flow and $501.51M of free cash flow after capital spending. That is a free-cash-flow yield of about 6.6% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
26.53x
P/S
2.2x
P/B
2.52x
EV / EBITDA
21.31x
STLD trades at 26.5x trailing earnings (about 21.5x on estimated forward earnings), 2.2x sales, and 2.5x book value. Reverse-engineering today's price implies the market expects roughly 7.5% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How STLD stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.
In the Materials sector (26 S&P 500 companies), STLD ranks #7 of 26 by our overall rating. It trades at roughly in line versus the sector on earnings (26.5x P/E vs. 27.7x median) with a higher return on equity (15.3% vs. 14.1%) and faster revenue growth (10.4% vs. 4.9%).
P/E vs sector
26.5x
median 27.7x
ROE vs sector
15.3%
median 14.1%
Growth vs sector
10.4%
median 4.9%
Sector rank
#7
of 26 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Materials companies by sub-industry and size. Sector median is across all 26 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$227.35 – $383.65
vs. $250.98 today · expected CAGR -2% – 9%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $19.99B | $21.99B | $24.19B | $26.61B | $29.27B |
| Net income | $1.40B | $1.54B | $1.69B | $1.86B | $2.05B |
| EPS | $9.71 | $10.68 | $11.74 | $12.92 | $14.21 |
| Share price (low) | $155.28 | $170.81 | $187.89 | $206.68 | $227.35 |
| Share price (high) | $262.04 | $288.24 | $317.06 | $348.77 | $383.65 |
| CAGR (low–high) | -38% / 4% | -18% / 7% | -9% / 8% | -5% / 9% | -2% / 9% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for STLD:
- Revenue is growing 10.4% a year, a sign of real demand.
- Strong return on equity (15.3%) shows capital is put to work well.
- Healthy free-cash-flow yield (~6.6%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.5x) lowers risk.
The case against STLD:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Steel Dynamics is a large-cap materials business still growing nicely, with modest profitability, and a sound balance sheet. It trades at 26.5x earnings, which our model scores Neutral (57/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.