Steel Dynamics

Steel Dynamics EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Steel Dynamics (STLD) as of Nov 6, 2026 is 18.11. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 14.00 — a change of 29.32% (higher).

EV/EBIT

18.11

YoY

29.32%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Steel Dynamics is 2025 18.11 . EV/EBIT (Enterprise Value to EBIT) of Steel Dynamics was 2024 14.00 . It decreases by 29.32% higher compared to the previous year.

The Steel Dynamics EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
28.36 USD
Jan 1, 2020
33.04 USD
Jan 1, 2021
6.51 USD
Jan 1, 2022
5.50 USD
Jan 1, 2023
8.88 USD
Jan 1, 2024
14.00 USD
Jan 1, 2025
18.11 USD
Jan 1, 2026 (e)
9.79 USD
The Steel Dynamics EV/EBIT history
YEAREV/EBITYoY
est9.79-45.93%
18.11+29.32%
14.00+57.61%
8.88+61.58%
5.50-15.53%
6.51-80.30%
33.04+16.50%
28.36+74.53%
16.25-37.90%
26.17-31.94%
38.45-110.00%
-384.59-540.10%
87.39+618.65%
12.16+46.33%
8.31+68.90%
4.92-55.03%
10.94-65.88%
32.06+1,247.06%
2.38-70.80%
8.15+71.94%
4.74—

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Steel Dynamics Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Steel Dynamics's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Steel Dynamics's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Steel Dynamics's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Steel Dynamics grows earnings faster than its peers.

Steel Dynamics Stock analysis

What does Steel Dynamics do? 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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Steel Dynamics stock

EV/EBIT (Enterprise Value to EBIT) of Steel Dynamics is 18.11 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Steel Dynamics changed from 14.00 to 18.11, representing a 29.32% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Steel Dynamics since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Steel Dynamics with sector peers and the industry average to assess whether it is attractive.

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Valuation — Steel Dynamics

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