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.
Follow STLD
Steel Dynamics, Inc. (STLD) Return on invested capital
Steel Dynamics, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 10.0%, up 2.5 percentage points from fiscal 2025 (7.54%). Over the past ten years it has ranged from −1.03% (fiscal 2015) to 36.5% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Steel industry median of 2.52% and above the Basic Materials sector median of 0.00%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.54% | (3.24) |
| FY2024 | 10.8% | (9.70) |
| FY2023 | 20.5% | (15.98) |
| FY2022 | 36.5% | 2.73 |
| FY2021 | 33.7% | 24.79 |
| FY2020 | 8.94% | (3.37) |
| FY2019 | 12.3% | (8.82) |
| FY2018 | 21.1% | 6.47 |
| FY2017 | 14.7% | 4.06 |
| FY2016 | 10.6% | 11.63 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| STLD Steel Dynamics, Inc. | 10.0% |
| SIM Grupo Simec, S.A. de C.V. compare | 9.61% |
| NUE Nucor Corporation compare | 9.41% |
| RS Reliance, Inc. compare | 8.74% |
| GGB Gerdau S.A. compare | 4.96% |
| TX Ternium S.A. compare | 4.39% |
| MT ArcelorMittal compare | 2.52% |
| PKX POSCO Holdings Inc. compare | 1.66% |
| CLF Cleveland-Cliffs Inc. compare | −3.70% |
| Steel industry median | 2.52% |
| Basic Materials sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on STLD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement