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) EV/FCF

Alert me on EV/FCF

As of 2 November 2026, Steel Dynamics, Inc. (STLD) trades at a EV/FCF of 35.9×. Over the past ten years it has ranged from −1,026× (February 2025) to 93.4× (December 2025); the current reading is higher than 88% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 56.8× —
FY2024 −860× —
FY2023 11.1× 116.69%
FY2022 5.1× (57.78%)
FY2021 12.2× —
FY2020 −45.1× —
FY2019 9.1× 27.83%
FY2018 7.1× (66.38%)
FY2017 21.1× 33.68%
FY2016 15.8× 139.44%

Quarterly newest first

Period EV/FCF Change
Sep 2026 31.9× (16.75%)
Jun 2026 38.4× (14.16%)
Mar 2026 44.7× (21.32%)
Dec 2025 56.8× (24.83%)
43 more quarters

Against its own ten years

Low −1,026× High 93.4×
Ten-year median 9.4×
Current reading's percentile 85

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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