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.

240.19 1.05 +0.44%
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

Steel Dynamics, Inc. (STLD) Price to free cash flow

Alert me on Price to free cash flow

As of 12 October 2026, Steel Dynamics, Inc. (STLD) trades at a price to free cash flow of 36.0×. Over the past ten years it has ranged from 0.0× (September 2025) to 83.7× (December 2025); the current reading is higher than 91% of that period. That is above the Steel industry median of 25.0× and above the Basic Materials sector median of 17.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 49.9× —
FY2024 0.0× —
FY2023 10.6× 116.43%
FY2022 4.9× (53.76%)
FY2021 10.6× —
FY2020 0.0× —
FY2019 7.9× 32.50%
FY2018 6.0× (68.14%)
FY2017 18.8× 39.17%
FY2016 13.5× 192.58%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 34.6× (11.81%)
Mar 2026 39.2× (21.49%)
Dec 2025 49.9× (24.20%)
Sep 2025 65.9× —
42 more quarters

Against its own ten years

Low 0.0× High 83.7×
Ten-year median 7.7×
Current reading's percentile 91

Price to free cash flow against peers

Company Price to free cash flow
TX Ternium S.A. compare n/m
MT ArcelorMittal compare n/m
SIM Grupo Simec, S.A. de C.V. compare n/m
PKX POSCO Holdings Inc. compare n/m
CLF Cleveland-Cliffs Inc. compare n/m
GGB Gerdau S.A. compare 15.5×
NUE Nucor Corporation compare 35.7×
STLD Steel Dynamics, Inc. 36.0×
RS Reliance, Inc. compare 36.7×
Steel industry median 25.0×
Basic Materials sector median 17.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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