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STLD

STLD

Basic Materials · Steel

$275.65+1.27%
Mkt Cap: $39.75BDY: 0.78%

Performance

STLD (STLD) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

STLD (STLD) operates in the Steel space within the Basic Materials sector. With a market cap of $39.8B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case5
  • Forward P/E (15.4×) is lower than trailing P/E (29.5×) — analysts expect earnings to improve
  • Revenue growth of 19% YoY shows solid business momentum
  • Earnings grew 93% YoY — bottom-line is expanding fast
  • ROE of 15.2% shows management efficiently converts equity into profit
  • Current ratio of 3.1× — ample short-term liquidity
Bear Case4
  • P/E of 29.5× is above average — valuation requires continued strong growth to justify
  • High debt-to-equity of 45.99× increases financial risk, especially with elevated interest rates
  • Price is near its 52-week high — limited near-term upside, higher pullback risk
  • High beta of 1.52 — this stock is significantly more volatile than the broader market

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

0.78%

5Y Avg Annual

$1.4860

Last Payment

$0.5300

Ex-Date

03/31/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest03/31/2026
04/10/2026$0.53000.77%
12/31/2025
01/10/2026$0.50000.73%
09/30/2025
10/10/2025$0.50000.73%
06/30/2025
07/10/2025$0.50000.73%
03/31/2025
04/10/2025$0.50000.73%
12/31/2024
01/10/2025$0.46000.67%
09/30/2024
10/10/2024$0.46000.67%
06/28/2024
07/08/2024$0.46000.67%

Magic Number

Shares needed to self-fund your next purchase

$275.65

Price

÷

$0.5300

Last div. (quarterly)

=

521

shares

Own 521 STLD shares ($143,613.65) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$143,613.65

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 21, 2026

35

days

EPS (TTM)

$9.33

P/E (TTM)

29.5

Fwd P/E

15.4

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$39.75B
P/E Ratio29.54
Forward P/E15.39
P/B Ratio
PEG Ratio11.95
EPS (TTM)$9.33

Trading

Open
Day High
Day Low
52W High$288.74
52W Low$119.89
Volume
Avg Volume (3M)1,153,890
Beta1.52

Dividends

Dividend Yield0.78%
Annual Rate$2.12
Ex-Div Date2026-06-30
Payout Ratio21.76%

Profitability

Profit Margin7.22%
Operating Margin10.34%
ROE15.25%
ROA6.66%
Revenue Growth19.10%
Earnings Growth93.10%

Balance Sheet

Total Revenue$19.01B
Total Debt$4.20B
Debt / Equity45.99
Current Ratio3.13
Free Cash Flow$-31,788,876

Fair Value Estimates

Current price: $275.65

Graham Number

√(22.5 × EPS × Book Value)

$113.90

-58.7% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$26.47

-90.4% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

15.2%

Return on equity — measures how efficiently capital is used

Positive profit margin

7.2%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+19.1%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+93.1%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

45.99×

Low financial leverage reduces risk of distress

Current ratio above 1

3.13×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$318M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

0.78%

Stock must distribute income to shareholders

Related Assets

Basic Materials

About STLD

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, large unequal leg angles, and reinforcing steel bars, standard strength carbon, intermediate alloy hardness, and premium grade rail products; engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars; channels, angles, flats, merchant rounds, and reinforcing steel bars; and specialty shapes and light structural steel products. This segment also engages in turning, polishing, straightening, chamfering, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agricultural equipment, energy, and pipe and tube markets. The Metals Recycling Operations segment is involved in the ferrous and nonferrous scrap metal processing, transportation, marketing, brokerage, and scrap management services. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. The Steel Fabrication Operations segment produces steel non-residential building components, such as steel joists, joist girders, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, property owners, brokers, and governmental entities. The Aluminum Operations segment offers recycled aluminum flat rolled products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.

Sector

Basic Materials

Industry

Steel

Location

Fort Wayne, United States

Employees

14,400