Steel Dynamics, Inc.(STLD) Stock Research - Grey Stern Research
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Steel Dynamics, Inc. (STLD) Stock Analysis

$120.09 (4.32%)

STLD Financial Performance


Use the table below to view Steel Dynamics, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $115.12 -
52 Week Low $98.25 -
52 Week High $151.34 -
Market Cap $17.8 Billion 4/12
Gross Margin 17% 4/12
Profit Margin 9% 1/12
EBITDA margin 15% 1/12
Q2 - 2024 Revenue $4.6 Billion 5/12
Q2 - 2024 Earnings $428.0 Million 3/12
Q2 - 2024 Free Cash Flow -$36.6 Million 7/12
Trailing 4 Quarters Revenue $18.1 Billion 5/12
Trailing 4 Quarters Earnings $2.0 Billion 2/12
Quarterly Earnings Growth -47% 4/12
Annual Earnings Growth -26% 3/12
Quarterly Revenue Growth -9% 6/12
Annual Revenue Growth -8% 7/12
Cash On Hand $830.0 Million 7/12
Short Term Debt $815.6 Million 4/12
Long Term Debt $2.2 Billion 7/12

Steel Dynamics, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Steel Dynamics, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 8.82 7/12
PS 0.98 4/12
PB 1.95 2/12
PC 21.40 5/12
Liabilities to Equity 0.65 7/12
ROA 0.13 1/12
ROE 0.22 1/12
Current Ratio 2.54 6/12
Quick Ratio 0.21 6/12
Long Term Debt to Equity 0.24 8/12
Debt to Equity 0.33 6/12
Burn Rate -6.12 9/12
Cash to Cap 0.05 8/12
CCR -0.09 6/12
EV to EBITDA 29.52 5/12
EV to Revenue 1.10 3/12

Company Details

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 roll, cold roll, 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; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. 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. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.

CEO: Mr. Mark Millett

Website: https://stld.steeldynamics.com

Address: 7575 W JEFFERSON BLVD Fort Wayne, INDIANA

Exchange: NASDAQ Global Select

Industry: Steel

Steel Dynamics, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Steel Dynamics, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Nucor Corporation NUE $35.4 Billion
United States Steel Corporation X $8.6 Billion
Cleveland-Cliffs Inc. CLF $5.6 Billion
Gerdau S.A. GGB $6.8 Billion
Commercial Metals Company CMC $6.3 Billion
ArcelorMittal S.A. MT $19.1 Billion
Reliance Steel & Aluminum Co. RS $15.7 Billion
Schnitzer Steel Industries, Inc. SCHN $906.7 Million
POSCO Holdings Inc. PKX $20.8 Billion
Ternium S.A. TX $7.0 Billion
Olympic Steel, Inc. ZEUS $440.2 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
STLD Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 4.6 Billion $428.0 Million
Q1 2024 $ 4.7 Billion $584.0 Million
Q4 2023 $ 4.2 Billion $424.3 Million
Q3 2023 $ 4.6 Billion $577.2 Million
Q2 2023 $ 5.1 Billion $812.1 Million
Q1 2023 $ 4.9 Billion $637.3 Million
Q4 2022 $ 4.8 Billion $634.9 Million
Q3 2022 $ 5.7 Billion $914.3 Million

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STLD Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $830.0 Million $15.1 Billion $3.0 Billion $9.1 Billion
Q1 2024 $1.0 Billion $15.0 Billion $3.0 Billion $9.0 Billion
Q4 2023 $1.4 Billion $14.9 Billion $3.1 Billion $9.0 Billion
Q3 2023 $1.8 Billion $14.9 Billion $3.1 Billion $8.9 Billion
Q2 2023 $1.5 Billion $14.6 Billion $3.1 Billion $8.7 Billion
Q1 2023 $1.6 Billion $14.2 Billion $3.1 Billion $8.3 Billion
Q4 2022 $1.6 Billion $14.2 Billion $3.1 Billion $8.1 Billion
Q3 2022 $1.4 Billion $14.0 Billion $3.0 Billion $7.9 Billion

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STLD Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 -$36.6 Million -$419.2 Million -$209.4 Million
Q1 2024 -$19.1 Million -$374.3 Million -$361.5 Million
Q4 2023 $349.7 Million -$514.9 Million -$364.6 Million
Q3 2023 $555.3 Million -$558.4 Million $290.1 Million
Q2 2023 $449.5 Million -$358.3 Million -$129.6 Million
Q1 2023 $507.5 Million -$226.3 Million -$23.5 Million
Q4 2022 $799.2 Million -$344.2 Million $207.9 Million
Q3 2022 $1.3 Billion -$241.2 Million $413.4 Million

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