Steel Dynamics (STLD) Stock Price

Steel Dynamics Price

NASDAQ·CLOSED
251.26USD-1.24 (-0.49 %)
Market closed

Revenue has compounded at 9.5% per year over the past 19 years to 18.18 B USD. Earnings per share have grown at 7.5% per year over the last 19 years. Steel Dynamics's net margin stands at 6.5%, down from 17.5% several years earlier. Steel Dynamics currently offers a dividend yield of about 0.80%. The payout ratio is around 25% of earnings. The dividend has grown at 7.6% per year over the past 19 years. Analysts set a median price target of 196.35 USD, implying 21.9% below the current price. Of 20 analysts, 14 rate the stock a buy — an overall Buy consensus. The stock trades about 107% above its 52-week low.

Steel Dynamics stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Steel Dynamics over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Steel Dynamics stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Steel Dynamics's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Steel Dynamics Stock Price History
DateSteel Dynamics Price
7/31/2026251.26 USD
7/30/2026252.50 USD
7/29/2026255.26 USD
7/27/2026249.97 USD
7/23/2026240.57 USD
7/22/2026238.64 USD
7/21/2026233.52 USD
7/20/2026230.49 USD
7/17/2026235.51 USD
7/16/2026234.98 USD
7/15/2026235.56 USD
7/14/2026233.35 USD
7/13/2026235.25 USD
7/10/2026228.42 USD
7/9/2026222.06 USD
7/8/2026229.17 USD
7/7/2026229.62 USD
7/6/2026225.76 USD
7/2/2026220.39 USD
7/1/2026221.76 USD
6/30/2026229.46 USD
6/29/2026234.34 USD
6/26/2026245.49 USD
6/25/2026251.00 USD
6/24/2026241.43 USD
6/23/2026243.69 USD
6/22/2026251.60 USD
6/18/2026253.76 USD
6/17/2026272.49 USD
6/16/2026275.96 USD
6/15/2026274.13 USD
6/12/2026284.73 USD
6/11/2026272.90 USD
6/10/2026269.11 USD
6/9/2026269.80 USD
6/8/2026267.20 USD
6/5/2026273.29 USD
6/4/2026279.54 USD
6/3/2026277.59 USD
6/2/2026269.31 USD
6/1/2026260.35 USD
5/29/2026261.00 USD
5/28/2026256.95 USD
5/27/2026252.23 USD
5/26/2026249.38 USD
5/22/2026239.01 USD
5/21/2026228.85 USD
5/20/2026226.61 USD
5/19/2026223.37 USD
5/18/2026228.58 USD
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5/14/2026234.68 USD
5/13/2026237.08 USD
5/12/2026232.80 USD
5/11/2026235.97 USD
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5/6/2026241.85 USD
5/5/2026237.46 USD
5/4/2026229.82 USD
5/1/2026229.27 USD
4/30/2026228.66 USD
4/29/2026224.37 USD
4/28/2026226.96 USD
4/27/2026225.04 USD
4/24/2026226.79 USD
4/23/2026225.05 USD
4/22/2026227.46 USD
4/21/2026220.21 USD
4/20/2026209.35 USD
4/17/2026200.32 USD
4/16/2026195.75 USD
4/15/2026194.11 USD
4/14/2026195.30 USD
4/13/2026195.47 USD
4/10/2026190.57 USD
4/9/2026190.00 USD
4/8/2026187.56 USD
4/7/2026177.19 USD
4/6/2026176.53 USD
4/2/2026180.20 USD
4/1/2026182.85 USD
3/31/2026180.00 USD
3/30/2026171.78 USD
3/27/2026170.97 USD
3/26/2026174.42 USD
3/25/2026173.47 USD
3/24/2026169.70 USD
3/23/2026166.64 USD
3/20/2026163.95 USD
3/19/2026167.56 USD
3/18/2026168.75 USD
3/17/2026172.63 USD
3/16/2026174.28 USD
3/13/2026170.60 USD
3/12/2026175.10 USD
3/11/2026184.26 USD
3/10/2026182.19 USD
3/9/2026182.36 USD
3/6/2026181.61 USD
3/5/2026189.98 USD
3/4/2026193.91 USD
3/3/2026197.45 USD
3/2/2026201.51 USD
2/27/2026193.13 USD
2/26/2026192.52 USD
2/25/2026191.53 USD
2/24/2026190.87 USD
2/23/2026196.01 USD
2/20/2026193.39 USD
2/19/2026190.58 USD
2/18/2026192.74 USD
2/17/2026191.92 USD
2/13/2026191.68 USD
2/12/2026199.51 USD
2/11/2026205.78 USD
2/10/2026201.12 USD
2/9/2026202.75 USD
2/6/2026202.39 USD
2/5/2026193.02 USD
2/4/2026198.88 USD
2/3/2026192.95 USD
2/2/2026186.55 USD
1/30/2026179.57 USD
1/29/2026181.97 USD
1/28/2026174.38 USD
1/27/2026175.65 USD
1/26/2026173.32 USD
1/23/2026181.32 USD
1/22/2026178.81 USD
1/21/2026179.83 USD
1/20/2026171.81 USD
1/16/2026173.58 USD
1/15/2026175.11 USD
1/14/2026170.80 USD
1/13/2026169.84 USD
1/12/2026169.35 USD
1/9/2026169.27 USD
1/8/2026172.16 USD
1/7/2026167.83 USD
1/6/2026172.74 USD
1/5/2026171.83 USD
1/2/2026176.06 USD
12/31/2025169.45 USD
12/30/2025171.03 USD
12/29/2025172.88 USD
12/26/2025175.46 USD
12/24/2025175.38 USD
12/23/2025177.20 USD
12/22/2025175.76 USD
12/19/2025174.28 USD
12/18/2025174.58 USD
12/17/2025172.74 USD
12/16/2025169.13 USD
12/15/2025168.95 USD
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12/11/2025173.01 USD
12/10/2025171.23 USD
12/9/2025165.43 USD
12/8/2025166.14 USD
12/5/2025165.22 USD
12/4/2025168.11 USD
12/3/2025171.50 USD
12/2/2025167.63 USD
12/1/2025167.62 USD
11/28/2025167.83 USD
11/26/2025166.62 USD
11/25/2025164.25 USD
11/24/2025161.19 USD
11/21/2025158.16 USD
11/20/2025153.11 USD
11/19/2025155.46 USD
11/18/2025154.61 USD
11/17/2025155.07 USD
11/14/2025155.41 USD
11/13/2025154.59 USD
11/12/2025157.85 USD
11/11/2025152.38 USD
11/10/2025152.43 USD
11/7/2025151.94 USD
11/6/2025152.92 USD
11/5/2025154.13 USD
11/4/2025151.62 USD
11/3/2025155.97 USD
10/31/2025156.80 USD
10/30/2025158.18 USD
10/29/2025163.47 USD
10/28/2025161.07 USD
10/27/2025158.02 USD
10/24/2025152.95 USD
10/23/2025150.72 USD
10/22/2025148.56 USD
10/21/2025153.82 USD
10/20/2025146.28 USD
10/17/2025142.75 USD
10/16/2025142.65 USD
10/15/2025146.05 USD
10/14/2025146.98 USD
10/13/2025145.54 USD
10/10/2025141.23 USD
10/9/2025147.78 USD
10/8/2025146.55 USD
10/7/2025142.73 USD
10/6/2025141.63 USD
10/3/2025145.09 USD
10/2/2025144.39 USD
10/1/2025141.00 USD
9/30/2025139.43 USD
9/29/2025138.88 USD
9/26/2025139.63 USD
9/25/2025136.09 USD
9/24/2025136.37 USD
9/23/2025136.69 USD
9/22/2025139.07 USD
9/19/2025139.27 USD
9/18/2025139.84 USD
9/17/2025136.85 USD
9/16/2025139.67 USD
9/15/2025131.58 USD
9/12/2025130.65 USD
9/11/2025133.99 USD
9/10/2025132.72 USD
9/9/2025130.29 USD
9/8/2025134.54 USD
9/5/2025134.63 USD
9/4/2025130.86 USD
9/3/2025129.59 USD
9/2/2025129.02 USD
8/29/2025130.92 USD
8/28/2025131.57 USD
8/27/2025132.70 USD
8/26/2025131.73 USD
8/25/2025133.28 USD
8/22/2025132.68 USD
8/21/2025125.76 USD
8/20/2025125.45 USD
8/19/2025128.22 USD
8/18/2025125.91 USD
8/15/2025126.42 USD
8/14/2025127.48 USD
8/13/2025129.24 USD
8/12/2025125.60 USD
8/11/2025122.41 USD
8/8/2025123.02 USD
8/7/2025122.07 USD
8/6/2025122.23 USD
8/5/2025123.53 USD
8/4/2025121.36 USD
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Steel Dynamics Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
22.26 B USD
5.09 B USD
3.86 B USD
Jan 1, 2023
18.80 B USD
3.15 B USD
2.45 B USD
Jan 1, 2024
17.54 B USD
2.00 B USD
1.54 B USD
Jan 1, 2025
18.18 B USD
1.55 B USD
1.19 B USD
Jan 1, 2026 (e)
23.46 B USD
3.94 B USD
2.47 B USD
Jan 1, 2027 (e)
23.57 B USD
3.95 B USD
2.87 B USD
Jan 1, 2028 (e)
23.84 B USD
4.00 B USD
2.75 B USD
Jan 1, 2029 (e)
23.38 B USD
3.92 B USD
2.21 B USD

Steel Dynamics Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 4, 2026, 4:05 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
8.767.597.789.5411.8210.479.6018.4122.2618.8017.5418.1823.4623.5723.8423.38
18.76-13.262.4122.6423.94-11.47-8.2691.7320.93-15.57-6.683.6329.050.461.16-1.91
11.039.6317.1516.5919.6414.6214.9429.1327.4821.5215.9713.0113.0113.0113.0113.01
0.970.731.331.582.321.531.435.366.124.052.802.363.053.063.103.04
0.32-0.070.731.071.720.990.854.305.093.152.001.553.943.954.003.92
3.66-0.959.3511.2114.579.428.8223.3622.8716.7711.408.5116.7816.7816.7816.78
0.16-0.130.380.811.260.670.553.213.862.451.541.192.472.872.752.21
-16.93-182.80-393.85112.5754.93-46.66-18.03484.3620.16-36.56-37.27-22.90108.1916.30-4.04-19.80
0.460.550.560.620.750.961.001.041.361.701.842.002.122.442.80–
4.5519.571.8210.7120.9728.004.174.0030.7725.008.248.706.0015.0914.75–
240.87242.56245.51238.68230.46216.40212.05198.79175.89162.28152.80146.25146.25146.25146.25146.25
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Steel Dynamics generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Steel Dynamics retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Steel Dynamics's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Steel Dynamics has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Steel Dynamics's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Steel Dynamics stock margins

The Steel Dynamics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Steel Dynamics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Steel Dynamics.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
29.13 %
23.36 %
17.46 %
Jan 1, 2022
27.48 %
22.87 %
17.35 %
Jan 1, 2023
21.53 %
16.77 %
13.04 %
Jan 1, 2024
15.98 %
11.40 %
8.76 %
Jan 1, 2025
13.01 %
8.51 %
6.52 %
Jan 1, 2026 (e)
13.01 %
16.78 %
10.52 %
Jan 1, 2027 (e)
13.01 %
16.78 %
12.18 %
Jan 1, 2028 (e)
13.01 %
16.78 %
11.55 %

Steel Dynamics Stock Revenue, EBIT, Earnings per Share

The Steel Dynamics earnings per share therefore indicates how much revenue Steel Dynamics has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
92.60 USD
21.64 USD
16.17 USD
Jan 1, 2022
126.56 USD
28.95 USD
21.96 USD
Jan 1, 2023
115.82 USD
19.42 USD
15.10 USD
Jan 1, 2024
114.79 USD
13.08 USD
10.06 USD
Jan 1, 2025
124.29 USD
10.57 USD
8.11 USD
Jan 1, 2026 (e)
158.07 USD
26.91 USD
16.63 USD
Jan 1, 2027 (e)
158.80 USD
27.04 USD
19.33 USD
Jan 1, 2028 (e)
160.63 USD
27.35 USD
18.55 USD

Steel Dynamics business model & stock analysis

Steel Dynamics Inc. (SDI), headquartered in Fort Wayne, Indiana, USA, is a leading manufacturer of steel products in North America. The company was founded in 1993 by Keith E. Busse and Richard P. Teets and has since become one of the most successful companies in the steel production and processing industry. The company's business model is based on an integrated process that converts raw materials directly into finished steel products. SDI handles all stages of the process in-house, including the production of pig iron and steel alloys, steel casting, hot and cold rolling, as well as cutting and packaging of products. The company is divided into various divisions that specialize in the production of specific products. The Flat Roll division produces flat rolled products such as hot-rolled coil, cold-rolled coil, and galvanized coil. The Long Products division produces bars, rails, wire, and other products. The Structural and Rail Division produces rails and other structural products. The Engineered Bar Products division produces alloy and non-alloy bars and forgings. SDI offers a wide range of products, including carbon steels, specialty steels, and stainless steels. The company also has a strong focus on product innovation and development, offering specialized products such as high-strength steels, galvanized steels, and cold formable steels. SDI pursues a differentiation strategy and specializes in the production of high-quality products that meet the needs of its customers. The company also has a strong market position and is continually expanding its international network. SDI has production facilities in Indiana, Ohio, Kentucky, and Mississippi, as well as in Mexico, Europe, and Asia. In recent years, SDI has made some significant acquisitions to strengthen its position in the market. In 2018, the company acquired the Mansfield Carbon Plant in Ohio to expand its presence in the carbon steel products sector. In the same year, SDI also acquired Vulcan Threaded Products to strengthen its position in the fasteners and threaded products sector. Aside from its commitment to the production of high-quality steel products, SDI also has a strong commitment to sustainability and environmental protection. The company has taken measures to minimize its environmental impact at all stages of the production process. For example, SDI uses energy-saving technologies in its production facilities and reduces its CO2 emissions through the use of recovery technologies. Additionally, the company has implemented a waste minimization and materials recycling program to minimize the environmental impact of its production processes. Overall, SDI has a strong position in the steel products market and is a leading producer of high-quality steel products in North America. The company has earned a good reputation through its differentiated product line and its focus on sustainability and environmental protection. With a strong financial position and a mature research and development department, SDI remains a key player in the global steel industry.

Steel Dynamics SWOT Analysis

Strengths

1. Strong production capabilities and efficient operations enable Steel Dynamics Inc to meet customer demands effectively.

2. Diverse product portfolio, including flat roll, structural, and rail steel, provides a competitive edge in meeting various market needs.

3. Vertical integration in the steel supply chain allows for cost savings and better control over quality and delivery.

4. Robust financial performance and consistent revenue growth fuel the company's investment in research and development.

[ { "heading": "1.", "text": "Dependence" }, { "heading": "2.", "text": "Limited" }, { "heading": "3.", "text": "Relatively" }, { "heading": "4.", "text": "Environmental" } ]

[ { "heading": "1.", "text": "Growing" }, { "heading": "2.", "text": "Infrastructure" }, { "heading": "3.", "text": "Expansion" }, { "heading": "4.", "text": "Industry-wide" } ]

[ { "heading": "1.", "text": "Intense" }, { "heading": "2.", "text": "Trade" }, { "heading": "3.", "text": "Fluctuating" }, { "heading": "4.", "text": "Economic" } ]

Weaknesses

1. Dependence on the construction industry makes Steel Dynamics Inc vulnerable to economic downturns in the housing and infrastructure sectors.

2. Limited international presence compared to some competitors reduces global market opportunities.

3. Relatively high debt levels could increase financial risks and limit future growth potential.

4. Environmental concerns associated with steel manufacturing may result in stricter regulations and increased compliance costs.

[ { "heading": "1.", "text": "Growing" }, { "heading": "2.", "text": "Infrastructure" }, { "heading": "3.", "text": "Expansion" }, { "heading": "4.", "text": "Industry-wide" } ]

[ { "heading": "1.", "text": "Intense" }, { "heading": "2.", "text": "Trade" }, { "heading": "3.", "text": "Fluctuating" }, { "heading": "4.", "text": "Economic" } ]

Opportunities

1. Growing demand for steel in emerging economies presents an opportunity for market expansion.

2. Infrastructure investments and government initiatives aimed at modernizing transportation systems can drive demand for steel products.

3. Expansion into new geographic markets can diversify revenue sources and reduce dependence on specific regions.

4. Industry-wide focus on sustainable practices and clean energy provides an opportunity for innovation and differentiation.

[ { "heading": "1.", "text": "Intense" }, { "heading": "2.", "text": "Trade" }, { "heading": "3.", "text": "Fluctuating" }, { "heading": "4.", "text": "Economic" } ]

Threats

1. Intense competition within the steel industry puts pressure on pricing and profitability.

2. Trade policies and tariffs imposed by governments can disrupt global supply chains and affect market dynamics.

3. Fluctuating raw material prices, especially for iron ore and scrap metal, may impact production costs.

4. Economic downturns and cyclical nature of the steel industry pose risks for demand and profitability.

Steel Dynamics Employees

  • 3 Years

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  • Max

Steel Dynamics Employees
Details
Date
Steel Dynamics Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Steel Dynamics Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Steel Dynamics historical P/E ratio, EBIT multiple, and P/S ratio

Steel Dynamics annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Steel Dynamics shares outstanding

The number of shares of Steel Dynamics was 146.25 M in 2025. This indicates how many shares Steel Dynamics is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
198.79 M Stocks
Jan 1, 2022
175.89 M Stocks
Jan 1, 2023
162.28 M Stocks
Jan 1, 2024
152.80 M Stocks
Jan 1, 2025
146.25 M Stocks
Jan 1, 2026 (e)
146.25 M Stocks
Jan 1, 2027 (e)
146.25 M Stocks
Jan 1, 2028 (e)
146.25 M Stocks

Steel Dynamics stock splits

In Steel Dynamics's history, there have been no stock splits.

Steel Dynamics Dividend History

23 years of dividend payments · 13 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.06USDYTD—2×
Mar 31, 20260.53USD↑ 6.0%1/2
Jun 30, 20260.53USD 0.0%2/2
20252.00USD↑ 8.7%4×
Mar 31, 20250.50USD↑ 8.7%1/4
Jun 30, 20250.50USD 0.0%2/4
Sep 30, 20250.50USD 0.0%3/4
Dec 31, 20250.50USD 0.0%4/4
20241.84USD↑ 8.2%4×
20231.70USD↑ 25.0%4×
20221.36USD↑ 30.8%4×
20211.04USD↑ 4.0%4×
20201.00USD↑ 4.2%4×
20190.96USD↑ 28.0%4×
20180.75USD↑ 21.0%4×
20170.62USD↑ 10.7%4×

Steel Dynamics dividend history and estimates

In 2025, Steel Dynamics paid a dividend amounting to 2.00 USD. Dividend means that Steel Dynamics distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
1.04 USD
0.00 USD
0.00 USD
Jan 1, 2022
1.36 USD
0.00 USD
0.00 USD
Jan 1, 2023
1.70 USD
0.00 USD
0.00 USD
Jan 1, 2024
1.84 USD
0.00 USD
0.00 USD
Jan 1, 2025
2.00 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
1.06 USD
1.06 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
2.44 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
2.80 USD
0.00 USD

Steel Dynamics dividend payout ratio

In 2025, Steel Dynamics had a payout ratio of 24.67%. The payout ratio indicates the percentage of the company's profits that Steel Dynamics distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
6.43 %
Jan 1, 2022
6.19 %
Jan 1, 2023
11.26 %
Jan 1, 2024
18.29 %
Jan 1, 2025
24.67 %
Jan 1, 2026 (e)
12.75 %
Jan 1, 2027 (e)
12.60 %
Jan 1, 2028 (e)
15.08 %

Current Steel Dynamics forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.32 %
Buy
70.00 % (14)
Hold
30.00 % (6)
Sell
0.00 % (0)
12M Price Target
196.35
Last Price
251.26
Currency
USD
12M Return Potential
-21.85 %
LTM Return
0 %

Steel Dynamics Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56
7/22/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
7/22/2026
JP Morgan
JP Morgan
MaintainedNeutral80
7/22/2026
Barclays
Barclays
MaintainedOverweight33
7/15/2026
JP Morgan
JP Morgan
MaintainedNeutral80
7/9/2026
B of A Securities
B of A Securities
MaintainedNeutral70
6/24/2026
Keybanc
Keybanc
MaintainedOverweight49
6/22/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
6/18/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56
6/18/2026
B of A Securities
B of A Securities
MaintainedNeutral70

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Steel Dynamics Earnings Calls

2025

Steel Dynamics Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/22/20263.85USD-5.73 BUSD-2026 Q2
4/20/20262.86USD-5.20 BUSD-2026 Q1
1/26/20261.83USD-4.67 BUSD-2025 Q4
4/17/20243.02USD-4.51 BUSD-2024 Q1
1/23/20242.50USD-4.10 BUSD-2023 Q4
7/20/20226.17USD-5.87 BUSD-2022 Q2

EESG©

Eulerpool ESG Scorecard© for the Steel Dynamics stock

88/100
99
Environment
77
Social
87
Governance
E

Environment

20
Scope 1 - Direct Emissions2,750,371
Scope 2 - Indirect emissions from purchased energy3,407,925
Scope 3 - Indirect emissions within the value chain6,360,124
Total CO₂ emissions6,158,296
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees11
Percentage of women in management—
Percentage of Asian employees0.87
Share of Asian management0.82
Percentage of Hispanic/Latino employees8.5
Hispano/Latino Management share3.67
Percentage of Black employees7.03
Black Management Share5.71
Percentage of white employees82.5
White Management Share89.4
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Steel Dynamics shareholder structure

% Name
8.35219%
BLACKROCK, INC.
BLACKROCK, INC.
6.04856%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
5.06320%
STATE STREET CORP
STATE STREET CORP
4.58818%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
2.97270%
FMR LLC
FMR LLC
2.58412%
GEODE CAPITAL MANAGEMENT, LLC
GEODE CAPITAL MANAGEMENT, LLC
...

Steel Dynamics Beneficial Ownership Filings (SEC 13D/G)

Free Float
93.2%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
13.00%
Heavy Metal, L.C.
Heavy Metal, L.C.
SEC ↗
12.60%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
10.58%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
8.53%
FMR Corp.
FMR Corp.
SEC ↗
8.53%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗
7.80%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
7.30%
TPG-Axon GP, LLC ("GPLLC")
TPG-Axon GP, LLC ("GPLLC")
SEC ↗
7.30%
TPG-Axon Capital Management, LP ("TPG-Axon Management")
TPG-Axon Capital Management, LP ("TPG-Axon Management")
SEC ↗
7.30%
Dinakar Singh ("Mr. Singh")
Dinakar Singh ("Mr. Singh")
SEC ↗
7.30%
Dinakar Singh LLC ("Singh LLC")
Dinakar Singh LLC ("Singh LLC")
SEC ↗

Steel Dynamics Executives and Management Board

18 members · avg. age 61 · 22 % women

MM

Mr. Mark Millett (65)

Chairman of the Board, Chief Executive Officer · since 1993

11.78 M USD

Management

BS

Mr. Barry Schneider (56)

President, Chief Operating Officer

6.77 M USD
TW

Ms. Theresa Wagler (54)

Chief Financial Officer, Executive Vice President, Corporate Secretary

6.26 M USD
GP

Mr. Glenn Pushis (59)

Senior Vice President - Special Projects

4.57 M USD
CG

Mr. Christopher Graham (60)

Senior Vice President - Flat Roll Steel Group

4.24 M USD
RP

Mr. Richard Poinsatte (58)

Senior Vice President, Treasurer

–
MA

Mr. Miguel Alvarez (57)

Senior Vice President - Metals Recycling

–

Board of Directors

KC

Mr. Kenneth Cornew (60)

Lead Independent Director

360,062.00 USD
TD

Ms. Traci Dolan (67)

Independent Director

325,062.00 USD
BS

Mr. Bradley Seaman (65)

Independent Director

320,062.00 USD
SB

Ms. Sheree Bargabos (69)

Independent Director

300,062.00 USD
JH

Ms. Jennifer Hamann (57)

Independent Director

300,062.00 USD
GS

Mr. Gabriel Shaheen (71)

Independent Director

300,062.00 USD

Steel Dynamics Supply Chain

Steel Dynamics Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
11 companies
#NameTrend
1
Atkore
Customer·Electrical Equipment·US
-0.90
-0.52
-0.51
-0.48
0.19
0.89
2
GMexico Transportes
Customer·Road & Rail·MX
0.05
0.62
0.41
0.56
0.56
0.88
3
Minera Autlan B
Supplier·Metals & Mining·MX
-0.24
0.09
0.51
0.83
0.75
0.88
4
Grupo Mexico B
Customer·Metals & Mining·MX
-0.62
0.24
0.29
0.74
0.74
0.80
5
Worthington Industries
Customer·Metals & Mining·US
0.28
0.66
-0.35
-0.04
-0.17
0.51
#NameTrend
1
Core & Main A
Customer·Trading Companies & Distributors·US
0.07
0.02
0.63
-0.35
—
—
2
Castlight Health, Inc.
Supplier·Health Care Technology·US
-0.15
-0.27
0.75
0.48
0.12
—
3
Industrias CH B
Supplier·Metals & Mining·MX
-0.38
-0.54
0.41
0.60
0.56
—
4
Taronis Technologies
Supplier·Chemicals·US
-0.15
0.23
0.15
0.67
-0.28
-0.70
5
Lennox
Customer·Building Products·US
0.30
0.33
-0.33
-0.68
-0.62
0.28

Frequently asked questions about Steel Dynamics

The business model of Steel Dynamics Inc. revolves around being one of the largest steel producers and metal recyclers in the United States. The company operates through its three main segments: steel operations, metals recycling, and steel fabrication. Steel Dynamics Inc. primarily focuses on manufacturing and selling a wide range of steel products, including hot-rolled, cold-rolled, and coated steel sheets, as well as structural steel beams and rails. Additionally, their metals recycling business involves collecting and processing ferrous and nonferrous scrap metals. Through its integrated business model and focus on operational efficiency, Steel Dynamics Inc. aims to provide high-quality steel products and metal recycling services to various industries.

Steel Dynamics Inc is primarily active in the steel industry. They operate in various sectors such as automotive, construction, energy, manufacturing, and transportation. With their diverse product portfolio and integrated steelmaking capabilities, Steel Dynamics Inc caters to the demands of customers across these industries. Their commitment to producing high-quality steel products and providing exceptional customer service has made them a recognized player in the global steel market.

The main competitors of Steel Dynamics Inc in the market include Nucor Corporation, ArcelorMittal, and United States Steel Corporation.

Steel Dynamics Inc. (SDI) is a leading steel producer based in the United States. Established in 1993, SDI has grown to become one of the largest steel producers in North America. The company operates various steelmaking facilities across the country and offers a wide range of high-quality steel products and solutions. With a strong focus on innovation and sustainability, SDI has built a solid reputation for its customer-centric approach and commitment to environmental stewardship. Over the years, Steel Dynamics Inc. has successfully positioned itself as a strategic partner to diverse industries, serving the construction, automotive, and manufacturing sectors, among others. SDI's consistent growth and industry expertise make it a notable player in the steel market.

Steel Dynamics Inc. (SDI) has achieved several significant milestones throughout its history. Since its founding in 1993, SDI has consistently grown and expanded its operations, becoming one of the leading steel producers in the United States. Some key milestones include the construction and successful start-up of multiple state-of-the-art steel mills, including the Butler Flat Roll Division and the Columbus Flat Roll Division. SDI has also strategically acquired and integrated companies such as OmniSource Corporation, a leading scrap metal recycler. Additionally, SDI has been recognized for its environmental and sustainability efforts, receiving numerous awards for its commitment to responsible steel production. Overall, SDI's milestones exemplify its continuous growth and commitment to innovation within the steel industry.

Steel Dynamics Inc is primarily present in the United States. As an American steel producer, the company operates various facilities across the country. With a strong domestic focus, Steel Dynamics Inc has manufacturing plants strategically located in states like Indiana, Ohio, and Pennsylvania. By establishing a significant presence in these regions, the company is able to efficiently serve its customers throughout the United States.

Steel Dynamics Inc represents core values of integrity, innovation, and sustainability. With a strong corporate philosophy focusing on customer satisfaction, Steel Dynamics aims to deliver high-quality products, while maintaining environmental responsibility. By continuously investing in advanced technology and efficient processes, the company strives to remain a cost-effective and reliable supplier in the steel industry. Steel Dynamics emphasizes teamwork, respect, and open communication, fostering a positive work culture. As a leading company, Steel Dynamics prioritizes its commitment to its employees, customers, and shareholders, aiming for long-term growth and success in the market.

Analysts currently set an average price target of 191.88 USD for the Steel Dynamics stock (median: 196.35 USD), implying -23.6 % versus the latest price. The consensus is based on 20 analyst ratings.

Steel Dynamics Analyst Price Targets 2026

20 analysts currently rate the Steel Dynamics stock: 14 recommend buying, 6 holding and 0 selling. For 2026, analysts expect Steel Dynamics to generate revenue of 23.46 B USD and earnings per share of 16.87 USD.

Steel Dynamics Analyst Price Targets 2026

Converted at the current exchange rate, the Steel Dynamics share trades at 218.27 EUR (251.26 USD).

The Steel Dynamics share (STLD) is listed on 6 stock exchanges, including: NASDAQ (STLD), Frankfurt (SD5.F), München (SD5.MU), Düsseldorf (SD5.DU), SIX (Zürich) (SD5.SW).

Steel Dynamics Inc (SDI) is a leading manufacturer of steel products in the USA that operates in four different divisions: flat rolled products, long products, aluminum and processing products, and steel scrap trading. The wide range of products and services allows SDI to cater to the needs of a variety of industries and customers. The flat rolled products division of SDI produces a variety of hot- and cold-rolled steel products such as wide strip, sheet steel, drawn bar, and flat products. This business area primarily supplies companies in the automotive, construction, and agricultural machinery industries. The long products division of SDI produces bar steel, reinforcing steel, and special profiles for customers in various industries such as construction, energy, automotive, and transportation. This business area has state-of-the-art steel production technology and offers a wide range of products that meet customer needs. The aluminum and processing products division of SDI specializes in the production of aluminum products for the construction and transportation sectors. Products include door frames, window frames, facade cladding, and other custom-made fittings. SDI's steel scrap trading, known as OmniSource, is one of the largest scrap dealers in North America and supplies raw materials for steel production. SDI has one of the most advanced scrap processing facilities and adheres to high environmental regulations for sustainable production. To effectively carry out its business processes, SDI relies on modern technologies, including automated manufacturing techniques and IT systems for order, delivery, invoicing, and payment processing. SDI also invests continuously in research and development to continuously improve its products and services and meet customer needs as best as possible. As a major player in the steel industry, SDI relies on a multi-channel distribution strategy to sell its products and services to customers in North America and internationally. SDI has sales offices and representatives in the USA, Canada, and Mexico, and also exports to other countries. Conclusion: The wide product portfolio, modern manufacturing technologies, efficient business processes, research and development efforts, and multi-channel distribution strategy have contributed to SDI becoming one of the leading manufacturers of steel products in the USA. The company is well positioned to meet the needs of customers in various industries and further strengthen its competitive position.

The expected revenue of Steel Dynamics is 23.46 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Steel Dynamics is 2.47 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Steel Dynamics is currently 14.89. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Steel Dynamics stock.

The price-to-sales ratio (P/S) of Steel Dynamics is currently 1.57. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Steel Dynamics stock.

The Eulerpool Quality Score for Steel Dynamics is 4/10.

The ISIN of Steel Dynamics is US8581191009. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Steel Dynamics is 903772. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Steel Dynamics is STLD. The ticker symbol is used to trade Steel Dynamics shares on the stock exchange.

Over the past 12 months, Steel Dynamics paid a dividend of 2.00 USD . This corresponds to a dividend yield of about 0.80 %. For the coming 12 months, Steel Dynamics is expected to pay a dividend of 2.44 USD.

The current dividend yield of Steel Dynamics is 0.80 %.

Steel Dynamics pays a dividend, distributed in the months of , , , .

Steel Dynamics paid dividends every year for the past 22 years.

For the upcoming 12 months, dividends amounting to 2.44 USD are expected. This corresponds to a dividend yield of 0.97 %.

Steel Dynamics is assigned to the 'Commodities' sector.

To receive the latest dividend of Steel Dynamics from amounting to 0.53 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Steel Dynamics distributed 1.84 USD as dividends.

The dividends of Steel Dynamics are distributed in USD.

All fundamentals and in-depth analysis of Steel Dynamics

Our stock analysis for Steel Dynamics stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Steel Dynamics. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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