STLD Stock Overview
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States.
Steel Dynamics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$75.91|
|52 Week High||US$100.37|
|52 Week Low||US$50.54|
|1 Month Change||-18.59%|
|3 Month Change||18.70%|
|1 Year Change||23.35%|
|3 Year Change||179.60%|
|5 Year Change||125.18%|
|Change since IPO||1,530.28%|
Recent News & Updates
We Think Steel Dynamics (NASDAQ:STLD) Might Have The DNA Of A Multi-Bagger
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
|STLD||US Metals and Mining||US Market|
Return vs Industry: STLD exceeded the US Metals and Mining industry which returned -5.9% over the past year.
Return vs Market: STLD exceeded the US Market which returned -12.9% over the past year.
|STLD Average Weekly Movement||6.7%|
|Metals and Mining Industry Average Movement||10.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: STLD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: STLD's weekly volatility (7%) has been stable over the past year.
About the Company
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.
Steel Dynamics Fundamentals Summary
|STLD fundamental statistics|
Is STLD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|STLD income statement (TTM)|
|Cost of Revenue||US$14.09b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||20.60|
|Net Profit Margin||19.02%|
How did STLD perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Does STLD pay a reliable dividends?See STLD dividend history and benchmarks
|Steel Dynamics dividend dates|
|Ex Dividend Date||Jun 29 2022|
|Dividend Pay Date||Jul 15 2022|
|Days until Ex dividend||38 days|
|Days until Dividend pay date||54 days|
Does STLD pay a reliable dividends?See STLD dividend history and benchmarks
Is Steel Dynamics undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: STLD ($75.91) is trading below our estimate of fair value ($182.94)
Significantly Below Fair Value: STLD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: STLD is good value based on its PE Ratio (3.7x) compared to the US Metals and Mining industry average (8.3x).
PE vs Market: STLD is good value based on its PE Ratio (3.7x) compared to the US market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: STLD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: STLD is overvalued based on its PB Ratio (2.1x) compared to the US Metals and Mining industry average (1.9x).
How is Steel Dynamics forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STLD's earnings are forecast to decline over the next 3 years (-29.6% per year).
Earnings vs Market: STLD's earnings are forecast to decline over the next 3 years (-29.6% per year).
High Growth Earnings: STLD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: STLD's revenue is expected to decline over the next 3 years (-14.2% per year).
High Growth Revenue: STLD's revenue is forecast to decline over the next 3 years (-14.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STLD's Return on Equity is forecast to be low in 3 years time (18.1%).
How has Steel Dynamics performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STLD has a high level of non-cash earnings.
Growing Profit Margin: STLD's current net profit margins (19%) are higher than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: STLD's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: STLD's earnings growth over the past year (389.6%) exceeds its 5-year average (29.7% per year).
Earnings vs Industry: STLD earnings growth over the past year (389.6%) exceeded the Metals and Mining industry 94.3%.
Return on Equity
High ROE: STLD's Return on Equity (56.1%) is considered outstanding.
How is Steel Dynamics's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: STLD's short term assets ($7.1B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: STLD's short term assets ($7.1B) exceed its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: STLD's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: STLD's debt to equity ratio has reduced from 78.7% to 44.1% over the past 5 years.
Debt Coverage: STLD's debt is well covered by operating cash flow (89.7%).
Interest Coverage: STLD's interest payments on its debt are well covered by EBIT (91.9x coverage).
What is Steel Dynamics's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: STLD's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: STLD's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: STLD's dividends per share have been stable in the past 10 years.
Growing Dividend: STLD's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), STLD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.5%), STLD's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Millett (61 yo)
Mr. Mark D. Millett is a Co-founder of Steel Dynamics Inc. and has been its President and Chief Executive Officer since January 01, 2012 and also serves as its Chairman of the Board since may 24, 2021. He...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD11.00M) is about average for companies of similar size in the US market ($USD13.34M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: STLD's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: STLD's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: STLD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Steel Dynamics, Inc.'s employee growth, exchange listings and data sources
- Name: Steel Dynamics, Inc.
- Ticker: STLD
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Steel
- Sector: Materials
- Implied Market Cap: US$14.323b
- Shares outstanding: 188.69m
- Website: https://stld.steeldynamics.com
Number of Employees
- Steel Dynamics, Inc.
- 7575 West Jefferson Boulevard
- Fort Wayne
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.