Steel Dynamics Management
Management Kriterienprüfungen 4/4
Steel Dynamics CEO ist Mark Millett , ernannt in Jan 1993, hat eine Amtszeit von 33.5 Jahren. Die jährliche Gesamtvergütung beträgt $12.06M , bestehend aus 12.7% Gehalt und 87.3% Boni, einschließlich Aktien und Optionen des Unternehmens. besitzt direkt 2.09% der Aktien des Unternehmens, im Wert von $690.10M . Die durchschnittliche Betriebszugehörigkeit des Managementteams und des Verwaltungsrats beträgt 7.4 Jahre bzw. 10.2 Jahre.
Wichtige Informationen
Mark Millett
Geschäftsführender
US$12.1m
Gesamtvergütung
| Prozentsatz des Geschäftsführergehalts | 12.73% |
| Amtszeit als Geschäftsführer | 33.5yrs |
| Eigentum des Geschäftsführers | 2.1% |
| Durchschnittliche Amtszeit des Managements | 7.4yrs |
| Durchschnittliche Amtszeit der Vorstandsmitglieder | 10.2yrs |
Jüngste Management Updates
Recent updates
Narrativ-Update • Jul 08
STLD: Higher Steel Pricing Assumptions Will Confront Softer EPS Guidance
Steel Dynamics' updated analyst price target has increased to $221.33 from $169.10, as analysts factor in firmer assumptions around revenue growth, profit margins and sector pricing reflected in recent research commentary. Analyst Commentary Recent research on Steel Dynamics shows a mix of optimism on long term steel demand and more cautious views on earnings execution and valuation.Seeking Alpha • Jun 25
Steel Dynamics Offers Solid Fundamentals And A Potential Short-Term Buying Opportunity
Summary Steel Dynamics remains a hold, with a 10% further decline targeted as an attractive entry amid recent Q2 guidance and market volatility. STLD's Q1 saw revenues up 19% to $5.2B and net earnings doubling, driven by broad-based growth and a rapidly expanding aluminum segment. STLD's recycling-based model offers a structural cost advantage as energy prices rise, supporting long-term outperformance versus peers like Nippon Steel. I plan incremental buying if STLD declines by over 20% from highs, balancing downside risk with superior profitability and a forward P/E of 15. Read the full article on Seeking Alpha
Narrativ-Update • Jun 24
STLD: Higher Steel Prices And Tight Supply Will Support Future Earnings Power
The analyst price target for Steel Dynamics has been raised from $255.91 to $272.09, as analysts factor in updated views on steel pricing, demand trends, and modest adjustments to long term revenue growth, margins, discount rate, and future P/E assumptions. Analyst Commentary Recent commentary around Steel Dynamics shows a mix of optimism on pricing power and demand, alongside caution tied to guidance, valuation, and the durability of higher steel prices.Analyseartikel • Jun 19
Steel Dynamics (STLD) Stock Could Be 2% Below Fair Value After Stronger Guidance
Steel Dynamics (STLD) has put fresh numbers around its outlook, issuing second quarter 2026 earnings guidance of US$3.51 to US$3.55 per diluted share while flagging stronger steel and aluminum profitability. See our latest analysis for Steel Dynamics. The new guidance comes after a sharp pullback, with Steel Dynamics’ share price down 7.49% over the last session and 11.62% over the past week, yet still showing a 52.43% 3 month share price return and a 1 year total shareholder return of...Narrativ-Update • Jun 06
STLD: Tariff Policy And Steel Pricing Cycles Will Shape Future Earnings Power
Analysts have raised the fair value estimate for Steel Dynamics to $255.91 from $227.61 after a series of higher price targets across the Street, reflecting updated views on steel pricing, expected revenue growth, profit margins, and future price-to-earnings assumptions. Analyst Commentary Street research on Steel Dynamics has been active, with a mix of bullish and more cautious views feeding into the updated fair value estimate.Neues Narrativ • May 07
Aluminum Sheet Deficit And Utilization Dependence Will Pressure Future Margins And Earnings
Catalysts About Steel Dynamics Steel Dynamics is a North American metals producer with operations in steel, metals recycling, fabrication and a growing flat rolled aluminum business. What are the underlying business or industry changes driving this perspective?Narrativ-Update • May 06
STLD: Tariff Policy And Margin Assumptions Will Shape Future Earnings Power
The updated fair value estimate for Steel Dynamics rises by about $35 to $227.61, as analysts factor in Street research that points to higher expected profit margins and a lower assumed future P/E, even as revenue growth assumptions and the discount rate are adjusted. Analyst Commentary Recent Street research on Steel Dynamics has focused heavily on valuation, with several bullish analysts lifting price targets while at least one bearish analyst has shifted to a more neutral stance.Analyseartikel • Apr 23
Steel Dynamics, Inc. (NASDAQ:STLD) Just Reported And Analysts Have Been Lifting Their Price Targets
It's been a pretty great week for Steel Dynamics, Inc. ( NASDAQ:STLD ) shareholders, with its shares surging 17% to...
Neues Narrativ • Apr 23
Aluminum Platform And Recycling Integration Will Support Stronger Long Term Earnings Power
Catalysts About Steel Dynamics Steel Dynamics produces steel, recycles metals, and is ramping a flat rolled aluminum business across North America. What are the underlying business or industry changes driving this perspective?Narrativ-Update • Apr 20
STLD: Tariff Policy And Valuation Assumptions Will Shape Earnings Outlook
Analysts have raised the price target on Steel Dynamics by about $4, citing updated views on fair value, profitability and future P/E assumptions supported by recent research from major banks. Analyst Commentary Recent Street research on Steel Dynamics has focused on refining fair value estimates, with several major firms updating price targets and ratings in close succession.Narrativ-Update • Apr 06
STLD: Tariff Policy And 2026 Outlook Will Shape Earnings And Capacity Use
Analysts trimmed their price target on Steel Dynamics by about $5 to reflect updated assumptions for slightly higher revenue growth, a lower profit margin and a higher future P/E, while recent Street research highlights mixed rating changes and refreshed 2026 outlooks for U.S. carbon steel equities. Analyst Commentary Recent research on Steel Dynamics offers a mix of optimism and caution, with analysts updating ratings and price targets as they refresh multi year views on U.S. carbon steel equities and factor in tariff and capacity trends.Narrativ-Update • Mar 22
STLD: Tariff Support And 2026 Outlook Will Drive Capacity Expansion And BlueScope Pursuit
Analysts have trimmed their fair value estimate for Steel Dynamics by about $1.45 to $193.46, as they factor in slightly lower margin assumptions and refreshed price targets that now reflect updated 2026 outlooks for U.S. steel mills. Analyst Commentary Recent Street research on Steel Dynamics reflects a split view, with some firms lifting price targets on the back of refreshed 2026 assumptions and others taking a more cautious stance on rating and upside potential.Narrativ-Update • Mar 07
STLD: Tariff Policy And 2026 Outlook Will Guide Capacity And BlueScope Bid
Narrative update The updated analyst price target for Steel Dynamics of about $195, up from roughly $193, reflects refreshed 2026 outlooks in recent research. Analysts point to firm steel pricing supported by tariffs, capacity driven share gains for domestic mills, and mixed to positive expectations for sector profitability.Narrativ-Update • Feb 20
STLD: Tariff Policy And 2026 Outlook Will Shape Capacity And Acquisition Path
Analysts have adjusted their views on Steel Dynamics, setting a refreshed analyst price target in the high $180s to low $190s range. This reflects updated 2026 outlooks that highlight expectations for firm steel pricing, ongoing tariff support, and a mixed but generally constructive profitability setup for U.S. mills.Narrativ-Update • Feb 06
STLD: Tariff Support And 2026 Outlook Will Balance Capacity And Acquisition Risks
Narrative Update The analyst price target for Steel Dynamics shifts slightly higher to about US$193 from about US$191, as analysts factor in refreshed 2026 outlooks that point to resilient steel pricing, incremental capacity driven market share gains for domestic mills, and mixed but generally supportive expectations for sector profitability despite a challenging macro backdrop. Analyst Commentary Recent research paints a mixed but generally constructive picture for Steel Dynamics, with several firms lifting price targets while one high profile downgrade highlights growing valuation and execution questions into 2026.Narrativ-Update • Jan 22
STLD: Tariff Support And 2026 Sheet Mill Outlook Will Guide Balanced Returns
The analyst price target for Steel Dynamics has increased from US$183.08 to US$191.28 as analysts factor in refreshed 2026 outlooks that assume firm U.S. steel pricing, incremental profitability improvement for sheet mills, and updated models following recent earnings and sector tariff expectations. Analyst Commentary Recent research updates on Steel Dynamics point to a more mixed stance, with several firms lifting their price targets while some temper their ratings as they reassess 2026 assumptions and nearer term demand trends.Narrativ-Update • Jan 06
STLD: Tariff Policy And Demand Rebound Will Shape Balanced Return Outlook
Analysts have lifted their fair value estimate for Steel Dynamics to about $183 per share from roughly $181, noting updated price targets from US$165 to US$185 and refreshed models that factor in a mixed demand backdrop across North America, China, the U.S. and Europe. Analyst Commentary Recent Street research on Steel Dynamics reflects a mix of optimism and caution, with several firms updating price targets and ratings as they incorporate new macro views and refreshed models.Narrativ-Update • Dec 17
STLD: Tariff Policy And Demand Rebound Will Drive Returns Ahead
Analysts have lifted their price target on Steel Dynamics by roughly $11 per share to about $181, citing refreshed models that balance a still challenging global demand backdrop with improving profitability and supportive U.S. and European demand trends. Analyst Commentary Street research on Steel Dynamics reflects a mixed but generally constructive stance, with recent revisions highlighting both upside potential and valuation constraints following the stock's strong run.Narrativ-Update • Dec 02
STLD: Demand Recovery And Tariff Risks Will Shape Performance Ahead
The consensus analyst price target for Steel Dynamics has increased by $2.50, as analysts cite resilient U.S. and European demand and recent updates to price forecasts despite ongoing macroeconomic challenges. Analyst Commentary Recent analyst updates highlight a mix of optimism and caution regarding Steel Dynamics' outlook, with several notable price target adjustments and rating changes.Narrativ-Update • Nov 18
STLD: Challenging Demand And Trade Risks Will Define Near-Term Performance
Analysts have slightly increased their average price target for Steel Dynamics by $0.83 to $167.42. They cite updated models and recent earnings, while highlighting ongoing valuation considerations and a persistently challenging demand environment.Narrativ-Update • Nov 03
STLD: Domestic Tariffs And U.S. Market Exposure Will Shape Future Performance
Analysts have raised their fair value estimate for Steel Dynamics from $153.83 to $166.58 per share. This change is due to upward price target revisions and model updates following recent earnings results and industry outlooks.Narrativ-Update • Oct 20
Domestic Reshoring And Low-carbon Investments Will Drive Long-term Metals Resilience
Analysts have raised their price target for Steel Dynamics from $151.50 to $153.83 per share, citing anticipated tariff benefits, resilient U.S. steel pricing, and an improved profit margin outlook as key factors supporting their updated valuation. Analyst Commentary Analyst perspectives on Steel Dynamics reflect a mix of optimism around near-term support and caution regarding the longer-term landscape for U.S. steel producers.Narrativ-Update • Oct 05
Domestic Reshoring And Low-carbon Investments Will Drive Long-term Metals Resilience
Analysts have raised their fair value estimate for Steel Dynamics from $149.58 to $151.50. This change is attributed to an improved domestic demand outlook, tariff benefits, and valuation premiums for U.S. mills.Analyseartikel • Aug 16
Steel Dynamics, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
NasdaqGS:STLD 1 Year Share Price vs Fair Value Explore Steel Dynamics's Fair Values from the Community and select yours...Analyseartikel • Aug 09
Is Steel Dynamics (NASDAQ:STLD) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analyseartikel • Jul 16
Returns On Capital At Steel Dynamics (NASDAQ:STLD) Have Stalled
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Seeking Alpha • Feb 24
Steel Dynamics: Trump Trade With Several Tailwinds
Summary The reshoring of industrial capacity from China to the U.S., driven by tariffs, will benefit U.S. steelmakers like Steel Dynamics. Steel Dynamics is well-positioned with competitive advantages in electric arc furnace technology, vertical integration, and value-added products. Strategic investments in new steel and aluminum mills are expected to significantly boost Steel Dynamics' EBITDA by $1.2 billion. I recommend a buy rating for Steel Dynamics with a target price of $170, anticipating increased demand and profitability in the new geopolitical landscape. Read the full article on Seeking AlphaSeeking Alpha • Feb 12
Steel Dynamics: Tariffs Tailwind
Summary Steel Dynamics shares have surged 8.6% due to Trump's tariffs, making their products more competitive against imports. Trump's recent tariffs on steel and aluminum will further benefit Steel Dynamics by allowing them to price products higher without foreign competition. Despite conservative growth estimates, I believe Steel Dynamics will see accelerated growth, with potential for up to 29.7% upside in shares. The biggest risk is tariff removal, but Steel Dynamics remains competitive due to their efficient EAF furnaces, making shares a strong buy. Read the full article on Seeking AlphaAnalyse der Geschäftsführervergütung
| Datum | Gesamtvergütung | Gehalt | Unternehmensgewinne |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$1b |
| Dec 31 2025 | US$12m | US$2m | US$1b |
| Sep 30 2025 | n/a | n/a | US$1b |
| Jun 30 2025 | n/a | n/a | US$1b |
| Mar 31 2025 | n/a | n/a | US$1b |
| Dec 31 2024 | US$12m | US$1m | US$2b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$11m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$4b |
| Mar 31 2022 | n/a | n/a | US$4b |
| Dec 31 2021 | US$11m | US$1m | US$3b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$794m |
| Dec 31 2020 | US$11m | US$1m | US$551m |
| Sep 30 2020 | n/a | n/a | US$484m |
| Jun 30 2020 | n/a | n/a | US$535m |
| Mar 31 2020 | n/a | n/a | US$654m |
| Dec 31 2019 | US$11m | US$1m | US$671m |
Vergütung im Vergleich zum Markt: MarkDie Gesamtvergütung ($USD12.06M) liegt im Durchschnitt der Unternehmen ähnlicher Größe auf dem Markt US ($USD14.71M).
Entschädigung vs. Einkommen: MarkDie Vergütung des Vorstandsvorsitzenden entsprach im vergangenen Jahr der Unternehmensleistung.
Geschäftsführer
Mark Millett (66 yo)
33.5yrs
Amtszeit
US$12,059,908
Vergütung
Mr. Mark D. Millett is a Co-founder of Steel Dynamics, Inc. since 1993 and has been its Chief Executive Officer since January 01, 2012 and also serves as its Chairman of the Board since May 24, 2021 and wa...
Führungsteam
| Name | Position | Amtszeit | Vergütung | Eigentümerschaft |
|---|---|---|---|---|
| Co-Founder | 33.5yrs | US$12.06m | 2.09% $ 690.1m | |
| President & COO | 3.3yrs | US$6.99m | 0.15% $ 51.1m | |
| Executive VP | 19.2yrs | US$6.52m | 0.34% $ 113.2m | |
| Senior Vice President of Flat Roll Steel Group | 10.3yrs | US$4.24m | 0.048% $ 15.7m | |
| Investor Relations Director | no data | keine Daten | keine Daten | |
| Senior Vice President of Long Products Steel Group | 4.3yrs | keine Daten | 0.071% $ 23.5m | |
| Senior Vice President of Aluminum Group | 7.4yrs | keine Daten | 0.085% $ 28.0m | |
| VP & Head of Metals Recycling Platform | less than a year | keine Daten | 0.0014% $ 465.2k | |
| Senior VP & Treasurer | 17.9yrs | keine Daten | 0.020% $ 6.5m | |
| Vice President of Steel Fabrication Group | 2.2yrs | keine Daten | 0.012% $ 3.8m | |
| Investor Relations Manager | no data | keine Daten | keine Daten |
7.4yrs
Durchschnittliche Betriebszugehörigkeit
58.5yo
Durchschnittliches Alter
Erfahrenes Management: Das Managementteam von STLD ist erfahren und erfahren (durchschnittliche Amtszeit von 7.4 Jahren).
Vorstandsmitglieder
| Name | Position | Amtszeit | Vergütung | Eigentümerschaft |
|---|---|---|---|---|
| Co-Founder | 33.5yrs | US$12.06m | 2.09% $ 690.1m | |
| Independent Director | 13.9yrs | US$352.60k | 0.041% $ 13.5m | |
| Independent Director | 12.6yrs | US$347.60k | 0.036% $ 11.8m | |
| Independent Director | 7.8yrs | US$327.60k | 0.018% $ 6.0m | |
| Lead Independent Director | 10.2yrs | US$387.60k | 0.022% $ 7.3m | |
| Independent Director | 4.7yrs | US$337.60k | 0.0080% $ 2.6m | |
| Independent Director | 2.8yrs | US$327.60k | 0.0037% $ 1.2m |
10.2yrs
Durchschnittliche Betriebszugehörigkeit
66yo
Durchschnittliches Alter
Erfahrener Vorstand: STLDDie Vorstandsmitglieder sind sehr erfahren ( 10.2 ).
Unternehmensanalyse und Finanzdaten Status
| Daten | Zuletzt aktualisiert (UTC-Zeit) |
|---|---|
| Unternehmensanalyse | 2026/07/09 17:16 |
| Aktienkurs zum Tagesende | 2026/07/09 00:00 |
| Gewinne | 2026/03/31 |
| Jährliche Einnahmen | 2025/12/31 |
Datenquellen
Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.
| Paket | Daten | Zeitrahmen | Beispiel US-Quelle * |
|---|---|---|---|
| Finanzdaten des Unternehmens | 10 Jahre |
| |
| Konsensschätzungen der Analysten | +3 Jahre |
|
|
| Marktpreise | 30 Jahre |
| |
| Eigentümerschaft | 10 Jahre |
| |
| Verwaltung | 10 Jahre |
| |
| Wichtige Entwicklungen | 10 Jahre |
|
* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.
Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.
Analysemodell und Schneeflocke
Details des Analysemodells, das zur Erstellung dieses Berichts verwendet wurde, sind auf unserer GitHub-Seite verfügbar. Außerdem haben wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf YouTube.
Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.
Metriken für Industrie und Sektor
Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.
Analysten-Quellen
Steel Dynamics, Inc. wird von 33 Analysten beobachtet. 11 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.
| Analyst | Einrichtung |
|---|---|
| David Gagliano | Barclays |
| Richard Garchitorena | Barclays |
| Katja Jancic | BMO Capital Markets Equity Research |