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STLD

STLD - Steel Dynamics Inc Stock Price, Fair Value and News

133.03USD+3.11 (+2.39%)Market Closed

Market Summary

STLD
USD133.03+3.11
Market Closed
2.39%

STLD Stock Price

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STLD RSI Chart

STLD Valuation

Market Cap

21.0B

Price/Earnings (Trailing)

8.57

Price/Sales (Trailing)

1.12

EV/EBITDA

5.96

Price/Free Cashflow

11.3

STLD Price/Sales (Trailing)

STLD Profitability

EBT Margin

17.13%

Return on Equity

27.7%

Return on Assets

16.48%

Free Cashflow Yield

8.85%

STLD Fundamentals

STLD Revenue

Revenue (TTM)

18.8B

Rev. Growth (Yr)

-12.28%

Rev. Growth (Qtr)

-7.71%

STLD Earnings

Earnings (TTM)

2.5B

Earnings Growth (Yr)

-33.6%

Earnings Growth (Qtr)

-27.46%

Breaking Down STLD Revenue

Last 7 days

-2.2%

Last 30 days

-8.1%

Last 90 days

14.7%

Trailing 12 Months

30.3%

How does STLD drawdown profile look like?

STLD Financial Health

Current Ratio

2.91

Debt/Equity

0.29

Debt/Cashflow

1.35

STLD Investor Care

Dividend Yield

1.28%

Dividend/Share (TTM)

1.7

Buy Backs (1Y)

7.82%

Diluted EPS (TTM)

14.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202321.6B20.5B19.4B18.8B
202220.4B22.2B22.7B22.3B
202110.6B12.9B15.7B18.4B
202010.2B9.5B9.4B9.6B
201912.0B11.7B11.0B10.5B
20189.8B10.5B11.3B11.8B
20178.4B8.8B9.1B9.5B
20167.3B7.3B7.5B7.8B
20159.0B8.9B8.5B7.6B
20147.4B7.7B8.1B8.8B
20137.1B7.0B7.2B7.4B
20128.0B7.8B7.4B7.3B
20116.8B7.2B7.7B8.0B
20104.7B5.5B6.0B6.3B
200907.0B5.7B4.4B
200805.6B6.8B8.1B
20070004.4B

Tracking the Latest Insider Buys and Sells of Steel Dynamics Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 12, 2024
sierra luis manuel
acquired
-
-
17.00
-
Apr 12, 2024
bargabos sheree l
acquired
-
-
60.00
-
Apr 12, 2024
hamann jennifer l
acquired
-
-
3.00
-
Apr 12, 2024
seaman bradley s
acquired
-
-
144
-
Apr 12, 2024
cornew kenneth w.
acquired
-
-
6.00
-
Apr 12, 2024
teets richard p jr
acquired
-
-
61.00
-
Apr 12, 2024
marcuccilli james c
acquired
-
-
149
-
Apr 12, 2024
sonnenberg steven alan
acquired
-
-
56.00
-
Apr 12, 2024
dolan traci m
acquired
-
-
151
-
Apr 12, 2024
shaheen gabriel
acquired
-
-
174
-

1–10 of 50

Which funds bought or sold STLD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 24, 2024
BROWN ADVISORY INC
added
5.79
197,913
801,690
-%
Apr 24, 2024
CENTRAL TRUST Co
unchanged
-
5,303
26,089
-%
Apr 24, 2024
DekaBank Deutsche Girozentrale
added
1.24
4,744,000
21,677,000
0.04%
Apr 24, 2024
V-Square Quantitative Management LLC
added
16.92
202,987
637,241
0.09%
Apr 24, 2024
Assenagon Asset Management S.A.
reduced
-0.06
665,513
3,281,660
0.01%
Apr 24, 2024
RITHOLTZ WEALTH MANAGEMENT
reduced
-4.88
54,056
332,529
0.01%
Apr 24, 2024
Spire Wealth Management
added
916
281,650
304,396
0.01%
Apr 24, 2024
Robeco Institutional Asset Management B.V.
reduced
-19.03
1,134,910
71,050,300
0.15%
Apr 24, 2024
Catalyst Capital Advisors LLC
added
2.55
348,181
1,560,710
0.04%
Apr 24, 2024
RAYMOND JAMES TRUST N.A.
new
-
226,497
226,497
-%

1–10 of 50

Are Funds Buying or Selling STLD?

Are funds buying STLD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own STLD
No. of Funds

Unveiling Steel Dynamics Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.35%
19,980,395
SC 13G/A
Jan 25, 2024
blackrock inc.
8.8%
14,289,819
SC 13G/A
Apr 06, 2023
blackrock inc.
10.3%
17,595,426
SC 13G/A
Feb 09, 2023
vanguard group inc
12.43%
21,822,262
SC 13G/A
Jan 24, 2023
blackrock inc.
9.7%
17,084,445
SC 13G/A
Jan 27, 2022
blackrock inc.
12.6%
25,061,389
SC 13G/A
Jan 26, 2022
blackrock inc.
12.6%
25,061,389
SC 13G/A
Jul 12, 2021
vanguard group inc
10.22%
21,591,653
SC 13G/A
Feb 10, 2021
vanguard group inc
8.91%
18,751,882
SC 13G/A
Jan 27, 2021
blackrock inc.
10.8%
22,664,231
SC 13G/A

Recent SEC filings of Steel Dynamics Inc

View All Filings
Date Filed Form Type Document
Apr 24, 2024
8-K
Current Report
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading
Apr 15, 2024
4
Insider Trading

Peers (Alternatives to Steel Dynamics Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
86.4B
9.9B
9.48% 48.07%
35.49
8.73
-1.51% -8.06%
70.9B
22.9B
10.44% 32.51%
18.89
3.1
0.33% -16.25%
50.0B
11.8B
27.62% -7.97%
-20.05
4.23
-0.86% -481.35%
42.4B
34.7B
-9.34% 21.75%
9.36
1.22
-16.38% -40.52%
16.8B
14.8B
-11.79% 21.64%
12.53
1.13
-13.03% -27.33%
9.9B
21.9B
-15.44% 22.91%
22.54
0.45
-1.92% -15.58%
MID-CAP
6.5B
10.6B
13.87% 1.44%
-9.77
0.61
-15.26% -3472.97%
6.2B
8.4B
-6.27% 18.67%
9.14
0.74
-8.32% -10.17%
3.2B
720.2M
19.39% -17.93%
-37.48
4.38
0.18% -125.49%
2.4B
1.7B
-11.05% 10.16%
25.59
1.47
-5.23% 11.29%
SMALL-CAP
1.9B
821.2M
42.60% 33.89%
-17.97
2.27
4.53% -32.65%
1.6B
2.2B
25.62% 115.16%
-37.87
0.75
-21.31% -205.67%
521.8M
1.2B
-7.74% -60.16%
-8.93
0.44
-5.61% -206.82%
8.3M
12.0M
83.87% -89.64%
-0.9
0.69
-48.46% 6.84%
989.3K
134.6M
- -94.16%
-1.37
0.01
-14.16% -115.91%

Steel Dynamics Inc News

Latest updates
Simply Wall St • 24 hours ago
Zacks Investment Research • 47 hours ago
Marketscreener.com • 23 Apr 2024 • 09:33 pm
MSN • 22 Apr 2024 • 03:13 pm
Nasdaq • 18 Apr 2024 • 12:01 pm

Steel Dynamics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-7.7%4,2334,5875,0824,8934,8265,6526,2135,5705,3115,0884,4653,5452,6012,3312,0942,5752,3502,5272,7712,8172,904
Gross Profit-23.2%7319521,3071,0569881,4641,8831,7831,7621,6011,200800442293284415316360421434521
  S&GA Expenses---------234--------132136142156
EBITDA Margin-2.5%0.20*0.20*0.22*0.23*0.25*0.27*0.28*0.27*0.25*0.22*0.17*0.14*---------
Interest Expenses-19.7%15.0018.0021.0023.0024.0025.0026.0017.0012.0013.0015.0017.0020.0019.0028.0028.0032.0031.0032.0031.0032.00
Income Taxes-34.1%11517525820311929038235031330221912824.0029.0024.0057.0026.0049.0060.0062.0071.00
Earnings Before Taxes-28.1%5427551,0748487581,2081,5961,4581,4091,303931567221133103248150201257267341
EBT Margin-3.3%0.17*0.18*0.19*0.20*0.23*0.25*0.26*0.25*0.23*0.19*0.14*0.10*---------
Net Income-27.5%4195778166446319141,2151,1071,0631,00071243919710479.00191124153197205270
Net Income Margin-5.0%0.13*0.14*0.15*0.16*0.17*0.19*0.20*0.19*0.18*0.15*0.11*0.08*---------
Free Cashflow-37.0%3505554505077991,255838660519416310-47.67---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.1%14,90814,92914,55114,22014,16014,04813,71113,05712,53111,53610,68710,1289,2668,6188,4688,3458,2767,9437,8587,8577,704
  Current Assets-6.1%6,7887,2297,3967,5637,6387,8137,7567,1506,9015,9885,2654,8974,2583,8554,0164,1434,2534,0204,0244,0294,033
    Cash Equivalents-20.7%1,4011,7651,4811,6101,6281,4261,0131,1951,2491,1011,1191,2511,3741,2731,5021,2411,3871,152979797834
  Inventory-1.6%2,8952,9423,0442,9893,1303,3773,6473,5173,5312,8952,4822,2181,8441,6091,5671,6451,6891,7671,8031,8681,859
  Net PPE6.7%6,7346,3135,7845,4915,3745,1474,8874,8284,7514,6544,5274,3404,1063,8623,5873,3283,1363,0322,9472,9372,946
  Goodwill0%477477477502502452452453454455456456457475451452453541526531430
Liabilities0.0%6,0696,0715,8865,9136,0646,1126,1626,0786,2115,9135,6575,3934,9174,4194,3284,2394,2113,8993,8103,8683,816
  Current Liabilities21.6%2,3321,9181,7591,8212,0322,1312,2022,0912,2272,0541,8521,6611,2591,1761,1151,0321,0071,0059261,0031,019
  Long Term Debt-13.2%2,6113,0093,0113,0143,0133,0123,0113,0103,0093,0193,0163,0163,0162,6372,6372,6462,6452,3552,3562,3542,352
    LT Debt, Current434.5%46086.0057.0046.0057.0023.0037.0068.0097.0055.0094.0081.0087.0082.0074.0070.0089.0082.0072.0081.0024.00
    LT Debt, Non Current-13.2%2,6113,0093,0113,0143,0133,0123,0113,0103,0093,0193,0163,0163,0162,6372,6372,6462,6452,3552,3562,3542,352
Shareholder's Equity-0.3%8,8678,8948,4948,1208,1307,7637,3816,7506,1095,4364,8544,5724,1904,0433,9883,9553,9213,9013,9083,8503,776
  Retained Earnings2.7%13,54613,18912,68211,94111,37610,8009,9468,8017,7616,7225,7835,1344,7594,6244,5774,5544,4194,3504,2504,1093,958
  Additional Paid-In Capital0.2%1,2181,2151,2041,1941,2131,2201,2131,2041,2191,2191,2111,2031,2071,2001,1921,1841,1811,1761,1681,1601,160
Shares Outstanding-2.1%160163166170173186189192205202210211---------
Minority Interest3.9%-198-206-214-216-216-208-207-214-195-171-166-157-155-157-157-158-154-155-156-158-159
Float---12,100---8,500---8,700---4,100---5,000--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-22.4%8651,1148087341,1431,4961,002819724631587262138152486211409444361182491
  Share Based Compensation82.2%22.0012.0012.0016.0020.0012.0011.0017.0021.0010.0010.0017.0019.009.0010.0018.0014.009.009.0015.0014.00
Cashflow From Investing-62.4%-734-452-473-309-468-518-510-381-200-213-275-309-343-316-159-174-349-110-24.64-92.42-171
Cashflow From Financing-33.2%-494-371-464-447-466-564-673-491-374-435-443-76.17306-64.28-65.39-183176-160-155-126-375
  Dividend Payments-1.7%69.0071.0072.0059.0060.0062.0064.0051.0052.0053.0055.0053.0053.0053.0053.0051.0052.0053.0054.0042.0044.00
  Buy Backs16.7%387331380354413482517389330338393----10756.0011593.0084.00330

STLD Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total net sales$ 18,795,316$ 22,260,774$ 18,408,850
Costs of goods sold14,749,43316,142,94313,046,426
Gross profit4,045,8836,117,8315,362,424
Selling, general and administrative expenses588,621545,621643,976
Profit sharing272,033452,551388,111
Amortization of intangible assets34,04827,83729,232
Operating income3,151,1815,091,8224,301,105
Interest expense, net of capitalized interest76,48491,53857,209
Other (income) expense, net(144,246)(20,785)34,826
Income before income taxes3,218,9435,021,0694,209,070
Income tax expense751,6111,141,577962,256
Net income2,467,3323,879,4923,246,814
Net income attributable to noncontrolling interests(16,450)(16,818)(32,748)
Net income attributable to Steel Dynamics, Inc.$ 2,450,882$ 3,862,674$ 3,214,066
Basic earnings per share attributable to Steel Dynamics, Inc. stockholders (in dollars per share)$ 14.72$ 21.06$ 15.67
Weighted average common shares outstanding (in shares)166,552183,393205,115
Diluted earnings per share attributable to Steel Dynamics, Inc. stockholders, including the effect of assumed conversions when dilutive (in dollars per share)$ 14.64$ 20.92$ 15.56
Weighted average common shares and share equivalents outstanding (in shares)167,431184,622206,615
Dividends declared per share (in dollars per share)$ 1.70$ 1.36$ 1.04
Unrelated parties   
Total net sales$ 18,115,312$ 21,469,251$ 18,376,743
Related Parties   
Total net sales$ 680,004$ 791,523$ 32,107

STLD Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and equivalents$ 1,400,887$ 1,628,417
Short-term investments721,210628,215
Inventories2,894,6323,129,964
Other current assets162,790195,371
Total current assets6,787,8267,638,018
Property, plant and equipment, net6,734,2185,373,665
Intangible assets, net257,759267,507
Goodwill477,471502,067
Other assets651,146378,727
Total assets14,908,42014,159,984
Current liabilities  
Income taxes payable5,5246,520
Accrued payroll and benefits469,143610,558
Accrued expenses309,312340,646
Current maturities of long-term debt459,98757,334
Total current liabilities2,332,2962,032,296
Long-term debt2,611,0693,013,241
Deferred income taxes944,768889,103
Other liabilities180,760129,539
Total liabilities6,068,8936,064,179
Commitments and contingencies
Redeemable noncontrolling interests171,212181,503
Equity  
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 268,112,991 and 267,762,488 shares issued; and 160,018,100 and 172,936,163 shares outstanding, as of December 31, 2023, and December 31, 2022, respectively651650
Treasury stock, at cost; 108,094,891 and 94,826,325 shares, as of December 31, 2023, and December 31, 2022, respectively(5,897,606)(4,459,513)
Additional paid-in capital1,217,6101,212,566
Retained earnings13,545,59011,375,765
Accumulated other comprehensive income421889
Total Steel Dynamics, Inc. equity8,866,6668,130,357
Noncontrolling interests(198,351)(216,055)
Total equity8,668,3157,914,302
Total liabilities and equity14,908,42014,159,984
Unrelated parties  
Current assets  
Accounts receivable, net1,535,0621,976,282
Current liabilities  
Accounts payable1,078,6451,007,304
Related Parties  
Current assets  
Accounts receivable, net73,24579,769
Current liabilities  
Accounts payable$ 9,685$ 9,934
STLD
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.
 CEO
 WEBSITEhttps://stld.steeldynamics.com
 INDUSTRYMetals and Mining
 EMPLOYEES12060

Steel Dynamics Inc Frequently Asked Questions


What is the ticker symbol for Steel Dynamics Inc? What does STLD stand for in stocks?

STLD is the stock ticker symbol of Steel Dynamics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Steel Dynamics Inc (STLD)?

As of Thu Apr 25 2024, market cap of Steel Dynamics Inc is 21.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STLD stock?

You can check STLD's fair value in chart for subscribers.

What is the fair value of STLD stock?

You can check STLD's fair value in chart for subscribers. The fair value of Steel Dynamics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Steel Dynamics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STLD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Steel Dynamics Inc a good stock to buy?

The fair value guage provides a quick view whether STLD is over valued or under valued. Whether Steel Dynamics Inc is cheap or expensive depends on the assumptions which impact Steel Dynamics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STLD.

What is Steel Dynamics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, STLD's PE ratio (Price to Earnings) is 8.57 and Price to Sales (PS) ratio is 1.12. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STLD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Steel Dynamics Inc's stock?

In the past 10 years, Steel Dynamics Inc has provided 0.245 (multiply by 100 for percentage) rate of return.