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) P/E ratio

Alert me on P/E ratio

As of 2 November 2026, Steel Dynamics, Inc. (STLD) trades at a P/E ratio of 18.5×. Over the past ten years it has ranged from 0.0× (June 2016) to 560× (July 2016); the current reading is higher than 74% of that period. That is in line with the Steel industry median of 18.5× and below the Basic Materials sector median of 19.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 21.1× 81.62%
FY2024 11.6× 43.07%
FY2023 8.1× 78.38%
FY2022 4.5× 15.82%
FY2021 3.9× (72.21%)
FY2020 14.1× 26.16%
FY2019 11.2× 100.54%
FY2018 5.6× (57.81%)
FY2017 13.2× (42.62%)
FY2016 23.1× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 16.3× (21.43%)
Jun 2026 20.7× 7.92%
Mar 2026 19.2× (8.95%)
Dec 2025 21.1× 14.43%
43 more quarters

Against its own ten years

Low 0.0× High 560×
Ten-year median 11.5×
Current reading's percentile 80

P/E ratio against peers

Company P/E ratio
CLF Cleveland-Cliffs Inc. compare n/m
TX Ternium S.A. compare 14.7×
PKX POSCO Holdings Inc. compare 16.6×
NUE Nucor Corporation compare 16.9×
STLD Steel Dynamics, Inc. 18.5×
GGB Gerdau S.A. compare 20.2×
SIM Grupo Simec, S.A. de C.V. compare 20.7×
RS Reliance, Inc. compare 20.8×
MT ArcelorMittal compare 25.7×
Steel industry median 18.5×
Basic Materials sector median 19.5×
Market median 18.6×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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