NASDAQ
STLD

Steel Dynamics Inc

Steel
Basic Materials

Prices are adjusted according to historical splits.

Steel Dynamics Inc Stock Price

Vitals

Today's Low:
$98.38
Today's High:
$101.15
Open Price:
$99.96
52W Low:
$68.0237
52W High:
$135.3949
Prev. Close:
$100.34
Volume:
863757

Company Statistics

Market Cap.:
$16.62 billion
Book Value:
52.337
Revenue TTM:
$20.45 billion
Operating Margin TTM:
18.96%
Gross Profit TTM:
$6.12 billion
Profit Margin:
14.66%
Return on Assets TTM:
17.15%
Return on Equity TTM:
37.23%

Company Profile

Steel Dynamics Inc had its IPO on 1996-11-21 under the ticker symbol STLD.

The company operates in the Basic Materials sector and Steel industry. Steel Dynamics Inc has a staff strength of 12,060 employees.

Stock update

Shares of Steel Dynamics Inc opened at $99.96 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $98.38 - $101.15, and closed at $100.18.

This is a -0.16% slip from the previous day's closing price.

A total volume of 863,757 shares were traded at the close of the day’s session.

In the last one week, shares of Steel Dynamics Inc have slipped by -6.64%.

Steel Dynamics Inc's Key Ratios

Steel Dynamics Inc has a market cap of $16.62 billion, indicating a price to book ratio of 2.3933 and a price to sales ratio of 0.7867.

In the last 12-months Steel Dynamics Inc’s revenue was $20.45 billion with a gross profit of $6.12 billion and an EBITDA of $4.30 billion. The EBITDA ratio measures Steel Dynamics Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Steel Dynamics Inc’s operating margin was 18.96% while its return on assets stood at 17.15% with a return of equity of 37.23%.

In Q2, Steel Dynamics Inc’s quarterly earnings growth was a negative -25.3% while revenue growth was a negative 18.2%.

Steel Dynamics Inc’s PE and PEG Ratio

Forward PE
7.3801
Trailing PE
5.8101
PEG
10.9053

Its diluted EPS in the last 12-months stands at $17.27 per share while it has a forward price to earnings multiple of 7.3801 and a PEG multiple of 10.9053. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Steel Dynamics Inc’s profitability.

Steel Dynamics Inc stock is trading at a EV to sales ratio of 0.8841 and a EV to EBITDA ratio of 3.2859. Its price to sales ratio in the trailing 12-months stood at 0.7867.

Steel Dynamics Inc stock pays annual dividends of $1.53 per share, indicating a yield of 1.65% and a payout ratio of 8.66%.

Balance sheet and cash flow metrics

Total Assets
$14.55 billion
Total Liabilities
$1.76 billion
Operating Cash Flow
$-473268000.00
Capital Expenditure
$358.28 million
Dividend Payout Ratio
8.66%

Steel Dynamics Inc ended 2024 with $14.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $14.55 billion while shareholder equity stood at $8.71 billion.

Steel Dynamics Inc ended 2024 with $941.49 million in deferred long-term liabilities, $1.76 billion in other current liabilities, 650000.00 in common stock, $12.68 billion in retained earnings and $477.47 million in goodwill. Its cash balance stood at $1.48 billion and cash and short-term investments were $2.09 billion. The company’s total short-term debt was $56,869,000 while long-term debt stood at $3.01 billion.

Steel Dynamics Inc’s total current assets stands at $7.40 billion while long-term investments were $0 and short-term investments were $611.70 million. Its net receivables were $2.14 billion compared to accounts payable of $1.05 billion and inventory worth $3.04 billion.

In 2024, Steel Dynamics Inc's operating cash flow was $-473268000.00 while its capital expenditure stood at $358.28 million.

Comparatively, Steel Dynamics Inc paid $0.09 in dividends in 2024.

Other key metrics

Current Trading Price
$100.18
52-Week High
$135.3949
52-Week Low
$68.0237
Analyst Target Price
$108.31

Steel Dynamics Inc stock is currently trading at $100.18 per share. It touched a 52-week high of $135.3949 and a 52-week low of $135.3949. Analysts tracking the stock have a 12-month average target price of $108.31.

Its 50-day moving average was $104.69 and 200-day moving average was $106.8 The short ratio stood at 4.79 indicating a short percent outstanding of 0%.

Around 626.1% of the company’s stock are held by insiders while 8705.5% are held by institutions.

Frequently Asked Questions About Steel Dynamics Inc

The stock symbol (also called stock or share ticker) of Steel Dynamics Inc is STLD

The IPO of Steel Dynamics Inc took place on 1996-11-21

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About

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as 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, threading, precision saw-cutting, and heat treating of bar products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, 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, girders, trusses, and steel deck products for non-residential steel fabricators, metal building companies, general construction contractors, developers, owners, brokers, governmental entities, and e-commerce data centers and warehouses. The company also exports its products. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Address

7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804