Is STLD a good stock to buy right now?

Based on our 6-factor quantitative model, STEEL DYNAMICS INC (STLD) receives a "Hold" rating with a composite score of 51.1/100. It is ranked #1,160 out of 4,446 stocks. Key factor scores: Quality 50/100, Value 60/100, Momentum 63/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for STLD?

STEEL DYNAMICS INC (STLD) has a "Hold" rating and 3-star score. The composite score of 51.1 ranks it #1,160 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is STLD in?

STEEL DYNAMICS INC operates in the Materials sector (Steel Works industry) with a market cap of $26.46 billion. It is classified as a large-cap stock.

Does STLD pay a dividend?

Yes, STLD pays a dividend with a current yield of 1.41%. The Materials sector average yield is 0.49%. For every $1,000 invested, you would receive approximately $14.10 in annual dividend income.

What is STLD's P/E ratio?

STLD has a trailing P/E ratio of 21.83x. The Materials sector average is 26.5x. This P/E is in a moderate range relative to the broader market.

How profitable is STLD?

STLD's quality factor score is 50/100. Gross margin: 13.6%. ROE: 14.1% vs sector average 3.3%. Margins are moderate to low, reflecting competitive market dynamics.

How is STLD valued compared to peers?

STLD's value factor score is 60/100 (higher = cheaper). Key multiples: P/E 21.8x, EV/EBITDA 20.1x. Valuation is roughly in line with peers.

What is STLD's debt level?

STLD's debt-to-equity ratio is 48%. Sector average: 41%. Low leverage suggests conservative financial management.

STLD has a beta of 1.22, meaning it amplifies market moves. Stability score: 64/100.

Does STLD have high short interest?

STLD's short interest factor score is 20/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

STLD Stock Analysis: Hold (Score 51.1/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
STLD	+0.30%	+5.75%	+4.60%	+12.46%	+62.20%	-	-	-
Industry Proxy XLB	+0.56%	+3.07%	+4.17%	+14.58%	-33.54%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+0.37%	+2.15%	+4.26%	+12.82%	+32.68%	-	-	-
Alpha vs Sector	-0.26%	+2.68%	+0.43%	-2.11%	+95.74%	-	-	-

Metric	STLD	Benchmark
P/E Ratio	21.8x	-18%
EV/EBITDA	20.1x	+234%
Price / Book	3.1x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CF CF Industries Holdings, Inc.	57	50	72	66	11.8x	21.1%	36.2%	24.9%	5.5%	41.0x	$19.7B	VS
NTR Nutrien Ltd.	57	37	70	64	54.2x	11.5%	29.0%	2.7%	-	52.0x	$35.9B	VS
UAN CVR PARTNERS, LP	56	50	71	67	12.0x	42.4%	28.5%	17.8%	23.1%	265.0x	$1.3B	VS
LXU LSB INDUSTRIES, INC.	54	50	54	73	41.2x	-3.3%	8.6%	-4.5%	11.0%	85.0x	$1.1B	VS
AA Alcoa Corp	54	50	61	71	18.7x	16.6%	10.0%	8.0%	3.1%	40.0x	$19.0B	VS
MEOH METHANEX CORP	53	34	76	72	24.6x	47.8%	19.1%	6.7%	-	149.0x	$4.6B	VS
NGVT Ingevity Corp	53	50	68	66	53.4x	-638.7%	38.1%	-12.1%	-14.7%	5,459.0x	$2.5B	VS
SEE SEALED AIR CORP/DE	52	50	67	59	11.2x	44.7%	30.2%	10.4%	0.5%	318.0x	$6.2B	VS
ACU ACME UNITED CORP	51	50	71	51	16.4x	9.0%	39.4%	5.2%	-11.5%	45.0x	$171M	VS
STLD STEEL DYNAMICS INC	51	50	60	63	21.8x	14.1%	13.6%	6.8%	4.2%	48.0x	$26.5B
APD Air Products & Chemicals, Inc.	51	50	49	50	179.2x	2.4%	31.6%	2.2%	3.9%	114.0x	$64.4B	VS

Key Ratio	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.1%	0.1%	0.2%	0.2%	0.3%	0.3%	0.1%	0.1%	0.2%	0.2%	0.2%
Operating Margin %	0.1%	0.1%	0.1%	0.2%	0.2%	0.2%	0.1%	0.1%	0.1%	0.1%	0.1%
EBITDA Margin %	0.1%	0.1%	0.1%	0.2%	0.2%	0.2%	0.1%	0.1%	0.2%	0.1%	0.1%
Net Margin %	0.1%	0.1%	0.1%	0.1%	0.2%	0.2%	0.1%	0.1%	0.1%	0.1%	0.0%
FCF Margin %	1.3%	-	-	-	-	-	-2.2%	9.0%	9.9%	6.0%	8.4%
ROE %	0.1%	0.1%	0.2%	0.3%	0.5%	0.5%	0.1%	0.2%	0.3%	0.2%	0.1%
ROA %	0.1%	0.1%	0.1%	0.2%	0.3%	0.3%	0.1%	0.1%	0.2%	0.1%	0.1%
ROIC %	0.1%	9.0%	12.8%	21.2%	36.6%	36.9%	11.0%	14.4%	24.8%	17.9%	12.9%

Key Ratio

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.1%

0.2%

0.3%

0.1%

0.2%

Operating Margin %

0.1%

0.2%

0.1%

EBITDA Margin %

0.1%

0.2%

0.1%

0.2%

0.1%

Net Margin %

0.1%

0.2%

0.1%

0.0%

FCF Margin %

1.3%

-2.2%

9.0%

9.9%

6.0%

8.4%

ROE %

0.1%

0.2%

0.3%

0.5%

0.1%

0.2%

0.3%

0.2%

0.1%

ROA %

0.1%

0.2%

0.3%

0.1%

0.2%

0.1%

ROIC %

0.1%

9.0%

12.8%

21.2%

36.6%

36.9%

11.0%

14.4%

24.8%

17.9%

12.9%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$18.1B	$18.2B	$17.5B	$18.8B	$22.3B	$18.4B	$9.6B	$10.5B	$11.8B	$9.5B	$7.8B	$7.6B
	—	$15.8B	$14.7B	$14.7B	$16.1B	$13.0B	—	—	—	—	—	—
	$2.5B	$2.4B	$2.8B	$4.0B	$6.1B	$5.4B	$1.4B	$1.5B	$2.3B	$1.6B	$1.3B	$732M
Gross Margin	13.6%	13.2%	16.0%	21.5%	27.5%	29.1%	14.9%	14.6%	19.7%	16.6%	17.2%	9.6%
	—	$765M	$664M	$589M	—	—	—	—	—	—	—	—
Depreciation	—	—	—	—	—	—	$326M	$321M	$317M	$299M	$296M	$295M
Total Operating Expenses	—	$916M	$860M	$895M	$1.0B	$1.1B	—	—	—	—	—	—
	$1.6B	$1.5B	$1.9B	$3.2B	$5.1B	$4.3B	$847M	$987M	$1.7B	$1.1B	$728M	-$73M
EBIT	$1.6B	$1.5B	$1.9B	$3.2B	$5.1B	$4.3B	$847M	$987M	$1.7B	$1.1B	$728M	-$73M
EBITDA	$1.6B	$1.5B	$1.9B	$3.2B	$5.1B	$4.3B	$1.1B	$1.3B	$2.1B	$1.4B	$1.0B	$206M
Operating Margin	8.6%	8.1%	11.1%	16.8%	22.9%	23.4%	8.8%	9.4%	14.6%	11.2%	9.4%	-1.0%
EBITDA Margin	8.6%	8.1%	11.1%	16.8%	22.9%	23.4%	11.7%	12.6%	17.5%	14.3%	12.9%	2.7%
	—	—	—	$76M	$92M	$57M	$95M	$127M	$127M	$134M	$146M	$154M
	—	$1.5B	$2.0B	$3.2B	$5.0B	$4.2B	—	—	—	—	—	—
Income Tax Expense	—	$306M	$433M	$752M	$1.1B	$962M	$135M	$197M	$364M	$129M	$204M	-$97M
	$1.2B	$1.2B	$1.5B	$2.5B	$3.9B	$3.2B	$571M	$678M	$1.3B	$806M	$360M	-$145M
Net Margin	6.8%	6.5%	8.8%	13.1%	17.4%	17.6%	5.9%	6.5%	10.6%	8.5%	4.6%	-1.9%
	$8.02	$8.02	$9.89	$14.72	$21.06	$15.67	$2.61	$3.06	$5.38	$3.38	$1.57	$-0.54
Diluted EPS	$8.02	$7.99	$9.84	$14.64	$20.92	$15.56	$2.61	$3.06	$5.38	$3.38	$1.57	$-0.54
Weighted Avg Basic	—	148M	155M	167M	183M	205M	—	—	—	—	—	—
Weighted Avg Diluted	—	148M	156M	167M	185M	207M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$18.1B

$18.2B

$17.5B

$18.8B

$22.3B

$18.4B

$9.6B

$10.5B

$11.8B

$9.5B

$7.8B

$7.6B

—

$15.8B

$14.7B

$16.1B

$13.0B

—

$2.5B

$2.4B

$2.8B

$4.0B

$6.1B

$5.4B

$1.4B

$1.5B

$2.3B

$1.6B

$1.3B

$732M

Gross Margin

13.6%

13.2%

16.0%

21.5%

27.5%

29.1%

14.9%

14.6%

19.7%

16.6%

17.2%

9.6%

—

$765M

$664M

$589M

—

Depreciation

—

$326M

$321M

$317M

$299M

$296M

$295M

Total Operating Expenses

—

$916M

$860M

$895M

$1.0B

$1.1B

—

$1.6B

$1.5B

$1.9B

$3.2B

$5.1B

$4.3B

$847M

$987M

$1.7B

$1.1B

$728M

-$73M

EBIT

$1.6B

$1.5B

$1.9B

$3.2B

$5.1B

$4.3B

$847M

$987M

$1.7B

$1.1B

$728M

-$73M

EBITDA

$1.6B

$1.5B

$1.9B

$3.2B

$5.1B

$4.3B

$1.1B

$1.3B

$2.1B

$1.4B

$1.0B

$206M

Operating Margin

8.6%

8.1%

11.1%

16.8%

22.9%

23.4%

8.8%

9.4%

14.6%

11.2%

9.4%

-1.0%

EBITDA Margin

8.6%

8.1%

11.1%

16.8%

22.9%

23.4%

11.7%

12.6%

17.5%

14.3%

12.9%

2.7%

—

$76M

$92M

$57M

$95M

$127M

$134M

$146M

$154M

—

$1.5B

$2.0B

$3.2B

$5.0B

$4.2B

—

Income Tax Expense

—

$306M

$433M

$752M

$1.1B

$962M

$135M

$197M

$364M

$129M

$204M

-$97M

$1.2B

$1.5B

$2.5B

$3.9B

$3.2B

$571M

$678M

$1.3B

$806M

$360M

-$145M

Net Margin

6.8%

6.5%

8.8%

13.1%

17.4%

17.6%

5.9%

6.5%

10.6%

8.5%

4.6%

-1.9%

$8.02

$9.89

$14.72

$21.06

$15.67

$2.61

$3.06

$5.38

$3.38

$1.57

$-0.54

Diluted EPS

$8.02

$7.99

$9.84

$14.64

$20.92

$15.56

$2.61

$3.06

$5.38

$3.38

$1.57

$-0.54

Weighted Avg Basic

—

148M

155M

167M

183M

205M

—

Weighted Avg Diluted

—

148M

156M

167M

185M

207M

—

STEEL DYNAMICS INC (STLD) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does STEEL DYNAMICS INC Do?

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. STEEL DYNAMICS INC (STLD) is classified as a large-cap stock in the Materials sector, specifically within the Steel Works industry. The company is led by CEO Mark D. Millett and employs approximately 10,600 people, headquartered in Fort Wayne, Indiana. With a market capitalization of $26.5B, STLD is one of the prominent companies in the Materials sector.

STEEL DYNAMICS INC (STLD) Stock Rating — Hold (April 2026)

As of April 2026, STEEL DYNAMICS INC receives a Hold rating with a composite score of 51.1/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.STLD ranks #1,160 out of 4,446 stocks in our coverage universe. Within the Materials sector, STEEL DYNAMICS INC ranks #72 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

STLD Stock Price and 52-Week Range

STEEL DYNAMICS INC (STLD) currently trades at $190.57. The stock gained $0.57 (0.3%) in the most recent trading session. The 52-week high for STLD is $208.47, which means the stock is currently trading -8.6% from its annual peak. The 52-week low is $103.17, putting the stock 84.7% above its annual trough. Recent trading volume was 817K shares, suggesting relatively thin trading activity.

Is STLD Overvalued or Undervalued? — Valuation Analysis

STEEL DYNAMICS INC (STLD) carries a value factor score of 60/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 21.83x, compared to the Materials sector average of 26.50x — a discount of 18%. The price-to-book ratio stands at 3.09x, versus the sector average of 2.83x. The price-to-sales ratio is 1.50x, compared to 0.74x for the average Materials stock. On an enterprise value basis, STLD trades at 20.08x EV/EBITDA, versus 6.01x for the sector. The EV/EBIT multiple is 20.03x.

Overall, STLD's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

STEEL DYNAMICS INC Profitability — ROE, Margins, and Quality Score

STEEL DYNAMICS INC (STLD) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 14.1%, compared to the Materials sector average of 3.3%, which is within a healthy range. Return on assets (ROA) comes in at 7.6% versus the sector average of 0.6%.

On a margin basis, STEEL DYNAMICS INC reports gross margins of 13.6%, compared to 29.8% for the sector. The operating margin is 8.6% (sector: 6.0%). Net profit margin stands at 6.8%, versus 3.0% for the average Materials stock. Revenue growth is running at 4.2% on a trailing basis, compared to 1.8% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

STLD Debt, Balance Sheet, and Financial Health

STEEL DYNAMICS INC has a debt-to-equity ratio of 48.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.06x, indicating strong short-term liquidity. Total debt on the balance sheet is $4.21B. Cash and equivalents stand at $770M.

STLD has a beta of 1.22, meaning it is more volatile than the broader market — a $10,000 investment in STLD would be expected to move 22.1% more than the S&P 500 on any given day. The stability factor score for STEEL DYNAMICS INC is 64/100, reflecting average volatility within the normal range for its sector.

STEEL DYNAMICS INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, STEEL DYNAMICS INC reported revenue of $18.10B and earnings per share (EPS) of $8.02. Net income for the quarter was $1.24B. Gross margin was 13.6%. Operating income came in at $1.56B.

In FY 2025, STEEL DYNAMICS INC reported revenue of $18.18B and earnings per share (EPS) of $8.02. Net income for the quarter was $1.19B. Gross margin was 13.2%. Revenue grew 3.6% year-over-year compared to FY 2024. Operating income came in at $1.48B.

In Q3 2025, STEEL DYNAMICS INC reported revenue of $4.83B and earnings per share (EPS) of $2.75. Net income for the quarter was $404M. Gross margin was 15.7%. Revenue grew 11.2% year-over-year compared to Q3 2024. Operating income came in at $508M.

In Q2 2025, STEEL DYNAMICS INC reported revenue of $4.57B and earnings per share (EPS) of $2.01. Net income for the quarter was $301M. Gross margin was 13.6%. Revenue grew -1.5% year-over-year compared to Q2 2024. Operating income came in at $383M.

Over the past 8 quarters, STEEL DYNAMICS INC has demonstrated a growth trajectory, with revenue expanding from $4.63B to $18.10B. Investors analyzing STLD stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

STLD Dividend Yield and Income Analysis

STEEL DYNAMICS INC (STLD) currently pays a dividend yield of 1.4%. At this yield, a $10,000 investment in STLD stock would generate approximately $$141.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning STLD offers above-average income for its sector. The net margin of 6.8% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.

STLD Momentum and Technical Analysis Profile

STEEL DYNAMICS INC (STLD) has a momentum factor score of 63/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 20/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

STLD vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, STEEL DYNAMICS INC (STLD) ranks #72 out of 284 stocks based on the Blank Capital composite score. This places STLD in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing STLD against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full STLD vs S&P 500 (SPY) comparison to assess how STEEL DYNAMICS INC stacks up against the broader market across all factor dimensions.

STLD Next Earnings Date

No upcoming earnings date has been announced for STEEL DYNAMICS INC (STLD) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy STLD? — Investment Thesis Summary

STEEL DYNAMICS INC presents a balanced picture with arguments on both sides. The value score of 60/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 63/100, suggesting the trend favors buyers. Low volatility (stability score 64/100) reduces downside risk.

In summary, STEEL DYNAMICS INC (STLD) earns a Hold rating with a composite score of 51.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on STLD stock.

Related Resources for STLD Investors

Explore more research and tools: STLD vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare STLD head-to-head with peers: STLD vs CF, STLD vs NTR, STLD vs UAN.

Business quality

Valuation edge

Market alpha

Unlock Investment Thesis

Unlock Performance & Technicals

Unlock Valuation Tools

Institutional peer matrix

Dispersion: efficiency vs. valuation

Lateral intelligence network

Unlock Financial Statements

Unlock Ownership & Management

Intelligence Feed

Steel Dynamics Announces First Quarter 2026 Earnings Conference Call and Webcast

Commercial Metals Dividend Increase Highlights Earnings Growth From Precast Acquisitions

Steel Dynamics Board Retirements Put Governance And Growth Plans In Focus

Is takeover tension sending this ASX steel stock soaring?

Steel Dynamics Inc. stock underperforms Monday when compared to competitors

Unlock Earnings Transcripts

Institutional Intelligence FAQ

Related Research & Tools

Related Materials Stocks

STEEL DYNAMICS INC (STLD) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does STEEL DYNAMICS INC Do?

STEEL DYNAMICS INC (STLD) Stock Rating — Hold (April 2026)

STLD Stock Price and 52-Week Range

Is STLD Overvalued or Undervalued? — Valuation Analysis

STEEL DYNAMICS INC Profitability — ROE, Margins, and Quality Score

STLD Debt, Balance Sheet, and Financial Health

STEEL DYNAMICS INC Revenue and Earnings History — Quarterly Trend

STLD Dividend Yield and Income Analysis

STLD Momentum and Technical Analysis Profile

STLD vs Competitors — Materials Sector Ranking and Peer Comparison

STLD Next Earnings Date

Should You Buy STLD? — Investment Thesis Summary

Related Resources for STLD Investors

Comments

Institutional Benchmarks

Get alerted on rating changes

Intelligence Feed

Steel Dynamics Announces First Quarter 2026 Earnings Conference Call and Webcast

Commercial Metals Dividend Increase Highlights Earnings Growth From Precast Acquisitions

Steel Dynamics Board Retirements Put Governance And Growth Plans In Focus

Is takeover tension sending this ASX steel stock soaring?

Steel Dynamics Inc. stock underperforms Monday when compared to competitors