Financial Performance
5Y price score: 343
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 977%
US$ Per
Share
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124.7
52-week range
288.7
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
2.5 %
Dividend Yield TTM
0.8 %
Market cap $
$ 37,341
Price / Earnings TTM
23.6
Price / Book TTM
4
PEG TTM
(1.3)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
103.1 %
267.2 %
976.9 %
Free cash flow per share growth
2,345 %
440.1 %
(11.5) %
Earnings per share growth
(18.8) %
208.5 %
1,579.6 %
Founded: 1,993
Employees: 13,000
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Jul 21, 2026)
1) Financial Performance Highlights
- Net Income: $534 million, or $3.69 per diluted share.
- Adjusted EBITDA: $921 million.
- Revenues: $6.1 billion, driven by record steel shipments of 3.7 million tons.
- Operating Income: $700 million, with steel operations generating $721 million, a 30% sequential increase.
- Cash Flow from Operations: $428 million, with liquidity of $2 billion at quarter-end.
2) Operational and Segment Insights
- Steel Fabrication: Operating income of $85 million, with a 45% increase in order backlog YoY. Strong demand expected to continue.
- Aluminum Operations: Losses of $33 million due to startup costs, but shipments increased to 53,000 metric tons, with expectations for significant profitability improvements in H2 2026.
- Metals Recycling: Operating income of $48 million, benefiting from strong scrap flows and increased shipments.
3) Market Conditions and Demand Trends
- Steel Market: Strong demand and pricing for long products, particularly in non-residential construction and automotive sectors.
- Pricing Dynamics: Average selling prices for flat-rolled steel increased by $105 per ton, with value-added spreads improving by $70 per ton.
- Aluminum Demand: Anticipated increase in profitability as scrap content rises and operational efficiencies improve.
4) Strategic Initiatives and Capital Allocation
- Growth Investments: Over $5 billion invested in transformative growth initiatives, with expectations of generating over $1.4 billion in through-cycle annual EBITDA capability.
- Shareholder Returns: Increased cash dividend and $350 million in share repurchases, with $489 million remaining authorized for future buybacks.
- Capital Expenditures: $124 million invested in Q2, with expectations of $300 million to $350 million in H2 2026.
5) Guidance and Future Outlook
- Aluminum Operations: Expected ramp-up to 90% utilization by end of 2026, with profitability anticipated in H2 2026 as operational challenges are addressed.
- Steel Pricing: Continued strength in pricing expected, with lagging contracts likely to reflect recent increases in the coming quarters.
- Market Environment: Anticipation of robust demand driven by infrastructure investments and reshoring trends, with ongoing focus on maintaining a competitive edge through strategic investments.
Bottom line: Steel Dynamics is positioned for strong growth with robust financial performance, strategic investments in aluminum and steel operations, and a favorable market environment. The company is committed to enhancing shareholder value through disciplined capital allocation and operational excellence, making it an attractive proposition for investors.
Annual Reports, Presentations And IR Contacts
Go to the websiteSteel Dynamics — Financial Overview, Stock Price, Market Cap
Steel Dynamics is a company. Founded in 1993. As of August 14, 2026, the company's market capitalization is $37341269111 with a current stock price of $260.53.