Steel Dynamics, Inc.

STLD Basic Materials Steel

Steel Dynamics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, up 3.63% from fiscal 2024.

Revenue
+34.8%
EPS
+92.4%
Free cash flow
+25.0%
Total debt
+11.1%

Quarter to September 2026, against a year earlier

252.35 1.55 +0.62%
Market cap
$35.7B
P/E
18.5×
Fwd P/E
14.2×
Dividend yield
0.83%
F-score
5/9
Altman Z
5.03
Beneish M
−2.40
Dividend safety
71/100

Steel Dynamics, Inc. (STLD) EBITDA

Alert me on EBITDA

Steel Dynamics, Inc.'s EBITDA for fiscal 2025 was $2.0B, down 16.3% from $2.4B in fiscal 2024. Over the twelve months to 30 September 2026 it was $3.2B. Over the past ten years it has ranged from $221.8M (fiscal 2015) to $5.5B (fiscal 2022); the current reading is higher than 55% of that period. EBITDA has fallen for 3 consecutive fiscal years. Steel Dynamics, Inc. ranks 4th of 17 Steel companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $2.0B (16.29%)
FY2024 $2.4B (32.52%)
FY2023 $3.6B (34.46%)
FY2022 $5.5B 17.80%
FY2021 $4.6B 296.34%
FY2020 $1.2B (10.32%)
FY2019 $1.3B (35.87%)
FY2018 $2.0B 49.33%
FY2017 $1.4B 33.38%
FY2016 $1.0B 361.69%

Quarterly newest first

Period EBITDA Change
Sep 2026 $1.2B 35.09%
Jun 2026 $874.4M 25.40%
Mar 2026 $697.3M 52.74%
Dec 2025 $456.5M (29.36%)
43 more quarters

Against its own ten years

Low $221.8M High $5.5B
Ten-year median $2.0B
Current reading's percentile 55

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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