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Tuesday 13 October 2026 Export STLD’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 33.4%, EPS grew 84.6%, free cash flow grew 2,189.9% and total debt rose 10.6%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

239.61 0.47 +0.20%
Market cap
$34.3B
P/E
21.6×
Fwd P/E
17.8×
Dividend yield
0.87%
F-score
5/9
Altman Z
5.03
Beneish M
−2.40
Dividend safety
71/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Steel Dynamics, Inc. (STLD) P/B ratio

Alert me on P/B ratio

As of 12 October 2026, Steel Dynamics, Inc. (STLD) trades at a P/B ratio of 3.7×. Over the past ten years it has ranged from 0.9× (March 2020) to 4.6× (June 2026); the current reading is higher than 98% of that period. That is above the Steel industry median of 1.3× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× 41.03%
FY2024 2.0× (11.56%)
FY2023 2.3× 3.60%
FY2022 2.2× 5.82%
FY2021 2.1× 12.16%
FY2020 1.9× (2.55%)
FY2019 1.9× 2.46%
FY2018 1.9× (44.80%)
FY2017 3.4× 6.17%
FY2016 3.2× 86.87%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.6× 23.64%
Mar 2026 2.9× 1.72%
Dec 2025 2.8× 22.80%
Sep 2025 2.3× 6.32%
42 more quarters

Against its own ten years

Low 0.9× High 4.6×
Ten-year median 2.3×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
PKX POSCO Holdings Inc. compare 0.4×
TX Ternium S.A. compare 0.7×
MT ArcelorMittal compare 0.8×
GGB Gerdau S.A. compare 1.0×
CLF Cleveland-Cliffs Inc. compare 1.3×
SIM Grupo Simec, S.A. de C.V. compare 1.3×
NUE Nucor Corporation compare 2.5×
RS Reliance, Inc. compare 2.8×
STLD Steel Dynamics, Inc. 3.7×
Steel industry median 1.3×
Basic Materials sector median 1.7×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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