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STLD
Steel Dynamics, Inc.
$269.8
2.6
(0.97%)
| Exchange: | NASDAQ |
| Market Cap: | 38.909B |
| Shares Outstanding: | 128.387M |
Delayed data
About The Company
| Sector: | Basic Materials | |||||
| Industry: | Steel | |||||
| CEO: | Mark D. Millett | |||||
| Full Time Employees: | 13000 | |||||
| Address: |
| |||||
| Website: | https://www.steeldynamics.com |
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 18,795,316 | 17,540,390 | 18,176,581 |
| Gross Profit | 4,045,883 | 2,802,586 | 2,364,280 |
| EBITDA | 3,733,231 | 2,518,135 | 2,114,404 |
| Operating Income | 3,151,181 | 1,943,037 | 1,475,986 |
| Net Income | 2,450,882 | 1,537,134 | 1,185,595 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 14,908,420 | 14,935,233 | 16,412,854 |
| Total Liabilities | 6,068,893 | 5,989,987 | 7,482,443 |
| Total Stockholders Equity | 8,866,666 | 8,934,287 | 8,957,182 |
| Total Debt | 3,071,056 | 3,345,339 | 4,211,163 |
| Cash and Cash Equivalents | 1,400,887 | 589,464 | 769,878 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 3,519,928 | 1,844,503 | 1,449,534 |
| Capital Expenditure | -1,657,905 | -1,868,006 | -948,025 |
| Free Cash Flow | 1,862,023 | -23,503 | 501,509 |
| Net Income | 2,450,882 | 1,549,956 | 1,185,595 |
| Net Change in Cash | -227,455 | -811,454 | 180,414 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 20,509,961.510 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 24,846,968.402 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 23,211,503.586 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 3,921,824.877 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 4,751,128.312 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 4,438,401.903 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 1,858,691.846 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 2,390,659.344 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 2,190,057.204 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 728,276.909 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 882,277.295 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 824,204.477 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 14.760 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 16.110 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 12.520 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 5 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: Steel Dynamics reported a net income of $299 million in Q2 2025, reflecting strong profitability despite market challenges, as highlighted in the earnings call transcript. Key metrics such as roeTTM and netProfitMarginTTM indicate efficient capital utilization and healthy margins compared to industry benchmarks.
- Operational Resilience: The earnings call emphasized the company’s ability to maintain stable operations amid volatile steel pricing, supported by consistent revenue streams as seen in the Income Statements data. Strong freeCashFlowYieldTTM further demonstrates capacity to fund operations and shareholder returns.
- Commitment to Shareholder Returns: A competitive dividendYieldTTM and a history of netDividendsPaid (from Cash Flow Statements) underscore STLD’s focus on delivering value to investors, enhancing its appeal in the sector.
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Intrinsic Value Calculator
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Common questions about STLD valuation
Is Steel Dynamics, Inc. (STLD) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Steel Dynamics, Inc. (STLD) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is STLD a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether STLD trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is STLD’s P/E ratio?
You can see STLD’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for STLD?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is STLD a good long-term investment?
Whether STLD fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
STLD
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Daily snapshot
0.97
Trading Metrics:
| Open: | 271.02 | Previous Close: | 267.2 | |
| Day Low: | 259.52 | Day High: | 273 | |
| Year Low: | 119.89 | Year High: | 280.49 | |
| Price Avg 50: | 223.62 | Price Avg 200: | 178.43 | |
| Volume: | 831889 | Average Volume: | 1.159M |
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Login — it's freeSTLD full analysis
Welcome to MARKETSNAP’s SWOT analysis for Steel Dynamics, or STLD as it’s known on the ticker. If you’re looking to build wealth over the long haul, you’ve come to the right place. Today, we’re diving deep into one of the heavyweights in the steel industry, breaking down what makes this company tick, where it’s shining, and where it might be facing some headwinds. So, grab a coffee, let’s talk steel, and figure out if Steel Dynamics deserves a spot in…
