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Company Analysis

Steel Dynamics, Inc. STLD

A comprehensive view of key metrics, scores, and financial health for Steel Dynamics, Inc.

Overview of Steel Dynamics, Inc.

STLD NMS
Basic Materials Steel Framework: Commodities & Mining Large Cap
Steel Dynamics, Inc. (STLD), is a Large Cap company, in the Steel industry, last closed at $240.31, about 47.6% overvalued vs fair value, +83.9% 1Y return, ranked 79/267 in sector.
Metrics P/E 21.2× Rev Growth 3.6% ROE 13.3% Gross Margin 13.2% Div Yield 1.18%
USD 240.31
-0.72%
(Delayed)
• Vol 90d: 40.0%
52-Week Range
Market Cap
$32.02B
Enterprise Value
$35.64B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Good
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Good
Completeness: 100%
Confidence: 62%
Updated: Sep 12
Top Beats

Quick Facts

Website https://www.steeldynamics.com
HQ Fort Wayne, IN
Fiscal year Dec 31

Next Events

Dividend Sep 30
Earnings Oct 19 Estimated

Fair Value Snapshot

Bear Base Bull
$108
$126
$142
Current: $240.31 -48% vs base

Engine Room Money Flow™

Large Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
$18.2B
3.6%%
Gross Profit
$2.4B
-14.6%%
Operating Income
$1.6B
-24.1%%
EBITDA
$2.1B
-16%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
0.42x
Fair

Operating Cash Flow / Net Income

Free cash flow relative to net income

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$1.2B
237.7% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
5
Active Leaks
0/5
Improving
0
High Impact
1
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Steel Dynamics, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
67
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • ROIC Sustainably Above Peers ROIC at 90.9th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Cost Leadership Position Operating margin at 83.3th percentile with strong OpEx control demonstrates cost leadership.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
60
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Commodities & Mining vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing STLD's balance between Growth (28.5%), Profitability (32.8%), and Safety (38.7%). Growth 29% Safety 39% Profitability 33%

Click axes to expand details. Marker shows current allocation.

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Growth

43th percentile vs peers
43
Key Signals
Rev Growth YoY 3.6% 51p Revenue CAGR 3Y -6.5% 34p EPS Growth YoY -18.9% 38p TSR 50.3% 71p EPS CAGR 3Y -27.5% 29p
Strengths
  • Interest Coverage Ratio in top 20% of peers (22.32, 88th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Cash Flow to Debt Ratio in top 20% of peers (1.70, 81th percentile)
  • Strong liquidity position vs peers
Risks

No significant risks identified for this axis.

Profitability

49th percentile vs peers
50
Key Signals
Strengths
Risks
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Safety

58th percentile vs peers
59
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Steel Dynamics, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$126.02
- - -
-47.6% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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