Stock Analysis
Steel Dynamics IncSTLD
P/E 21.45×· 5Y range 2.79–29.95×· top 13% of history
Sector: Industrials · Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
AnalystsBuy22 analystsP/E 21.5× sits at the 87th percentile of its 5.086926762491444-year history.
Cash covers 13% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Financial Health87
- Quality70
Risks
- Valuation42
- Growth25
Mixed fundamentals at a demanding price.
Bull Case
- ✓Altman Z 5.3 — safe-zone balance sheet
- ✓ROE 17.2% — efficient capital deployment
- ✓Interest coverage 62.7× — debt well covered
What's happening with STLD
Profile
Strong financial health; growth and valuation lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (87th pct)0/25
- FCF yield (2.8%)5/25
- P/S (1.7x)25/25
- EV/EBIT (18.6x)12/25
- Growth25/100 · Weak
- Revenue CAGR (-0.3%)0/25
- Net income CAGR (-22.1%)0/25
- EPS CAGR 5Y (-15.3%)0/25
- Fwd implied growth (76.0%)25/25
- Profitability57/100 · Moderate
- ROIC (12.3%)12/25
- ROE (17.2%)20/25
- Net margin (7.8%)13/25
- Operating margin (10.0%)12/25
- Financial Health87/100 · Strong
- Altman Z (5.30)25/25
- Current ratio (3.18)25/25
- Interest coverage (62.7x)25/25
- Net cash / debt (D/A 22%)12/25
- Quality70/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.43)20/25
- FCF conversion (59%)15/25
- Margin stability (σ 5.3%)20/25
- Moat50/100 · Moderate
- ROIC >12% years (8/10 yrs)20/25
- Median gross margin (16.9%)0/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst 4.9%)12/25
Risk Flags
- ⚠Revenue shrinking 0.3%/yr
- ⚠P/E 21.5× at top 13% of 5-year history
About Steel Dynamics Inc
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. Show more
The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
Headquarters: FORT WAYNE, IN · Employees: 14,400 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)21.5xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 2.8x–30.0x · 87th pct
P/FCF36.0xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.8%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -1.0%–24.6% · 38th pct
P/S (TTM)1.68xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.6x–2.2x · 93rd pct
EV/EBIT18.6xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 2.4x–25.7x · 85th pct
EV/Sales1.9xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E12.2xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.68xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.64A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.86%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio18.4%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
57CROIC12.3%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE17.2%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA9.7%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin7.8%C
Grade C: AverageNet Income / Revenue
Operating Margin10.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin14.7%D
Grade D: LowGross Profit / Revenue
FCF Margin4.7%D
Grade D: LowFCF / Revenue
True FCF Margin4.3%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR-0.3%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-22.1%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-15.3%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth76.0%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-32.3%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income4.3%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.3%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
87AAltman Z-Score5.30A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio3.18xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.45xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage62.7xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment4.0yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT1.9xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.47xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.13xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
70B+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.43A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion59.5%C
Grade C: AverageFCF / Net Income
Margin Stability5.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.0%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.24xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Sierra Luis Manuel Filed | Sierra Luis Manuel | Grant / award | +7 | |
Seaman Bradley S Filed | Seaman Bradley S | Grant / award | +105 | |
Hamann Jennifer L Filed | Hamann Jennifer L | Grant / award | +18 | |
DOLAN TRACI M Filed | DOLAN TRACI M | Grant / award | +97 | |
Cornew Kenneth W. Filed | Cornew Kenneth W. | Grant / award | +2 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
BARGABOS SHEREE L Filed | BARGABOS SHEREE L | Grant / award | +40 | |
Hamann Jennifer L Filed | Hamann Jennifer L | Grant / award | +72 | |
MILLETT MARK D Filed | MILLETT MARK D | Gift | -300 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)16.9%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor4.9%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$11.21
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.94
Cash & short-term investments per share (Finnhub)
Book Value / Share$65.32
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$4.39B
Total debt obligations (short + long term)
Cash & Equiv.$567.71M
Cash and short-term investments
Net Debt$3.83B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$9.36B
Shareholders' equity (book value)
Asset / Liability2.21xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$34.48B
Current Market Capitalization
Beta1.49C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Steel Dynamics Inc (STLD)
Piotroski F-Score of 5/9 indicates mixed fundamentals for Steel Dynamics Inc. Altman Z-Score of 5.30 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.43 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -0%), which weighs on the growth outlook.
- Takes ~4.0 years to repay net debt from free cash flow.
See how STLD ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all STLD moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 5 | Regular | 243.53 | +4.97% | 2.58 |
| Oct 5 | After-hours | 241.04 | +3.90% | 2.05 |
| Sep 18 | Regular | 236.07 | -3.78% | -2.22 |
| Sep 18 | After-hours | 235.26 | -4.11% | -2.39 |
| Sep 17 | After-hours | 234.42 | -4.45% | -2.05 |
Frequently Asked Questions about STLD
What is the current Steel Dynamics Inc (STLD) stock price?
STLD is trading at $240.54 at the last market close, down 0.09% on the session. PreMarketPrice tracks STLD pre-market, intraday and after-hours prices.
Is STLD stock a buy right now?
PreMarketPrice's quantitative model rates Steel Dynamics Inc's financial health at 87/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is STLD stock overvalued?
Steel Dynamics Inc trades at a trailing P/E of 21.5 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Steel Dynamics Inc report earnings?
No confirmed earnings date is currently scheduled for STLD. The Earnings section lists recent reports and updates as dates are announced.
What sector does Steel Dynamics Inc operate in?
Steel Dynamics Inc operates in the Industrials sector, within the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. The Related Stocks section lists sector peers for comparison.
What does Steel Dynamics Inc do?
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States.
About Steel Dynamics Inc (STLD) Stock
Steel Dynamics Inc (STLD) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry. As of the latest update, Steel Dynamics Inc is trading at $240.54, down 0.09% on the day with a market capitalization of $34.5 billion. The financial health score for STLD is 87/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for STLD stock.
STLD Stock Analysis & Key Metrics
On PreMarketPrice, you can track Steel Dynamics Inc (STLD) across multiple dimensions:
- Pre-market price & movement: Real-time STLD stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for STLD with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Steel Dynamics Inc across multiple reporting periods.
- Financial health score: A composite score of 87/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for STLD.
- Sector peers: Compare STLD against 6 other industrials stocks on key financial metrics.
Is STLD a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Steel Dynamics Inc (STLD) as an investment. The financial health score of 87/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Steel Dynamics Inc (STLD) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.