Steel Dynamics, Inc. (STLD) Stock: Price, Forecast & Analyst Target
Steel Dynamics, Inc. (STLD) — MoonshotScore 79/100 (Strong band), calculated Oct 6, 2026. Price $241.04 (+3.90%), as of the Oct 5, 2026 trading session; market cap $34.6B. Expected results Oct 19, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 60.95× (market value Oct 5, 2026; cash Jun 30, 2026) · expected results Oct 19, 2026
Steel Dynamics, Inc. · STLD · NASDAQ · Basic Materials · Steel
Research dated 2026-09-12: Steel Dynamics links steelmaking with scrap recycling and downstream building components, serving manufacturers, fabricators, service centers and construction markets. What matters now is whether improving mill economics and the ramp of newer operations can keep lifting earnings and cash generation while capital spending and debt remain meaningful.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore v2 · Steel Dynamics (STLD)
StrongWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
A strong balance sheet and durable growth, though quality is only decent; the market is already moving on it. Business Quality: Solid; Financial Safety: Sound; Valuation: Full; Growth Durability: Compounding; Momentum: Surging.
- quarterly revenue $6.09B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 5 of 8
- expected results Oct 19, 2026
Helping: balance-sheet strength, durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 77 | Strong | |
| 77 | Strong | |
| 77 | Strong | |
| 76 | Strong | |
| 76 | Strong | |
| 77 | Strong |
The score moved from 77 in the stored Oct 5, 2026 snapshot to 79 in the current publication computed Oct 6, 2026 (+2); the largest pillar moves were Momentum +3 and Valuation -1. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $241.04 | |
| Change on the day | +3.90% | |
| 52-week range | $140.87–$288.74 | |
| Market capitalisation | $34.6B | |
| Price / earnings (trailing) | 21.77 | |
| Shares traded on the day | 1.06M | |
| Beta (volatility vs the S&P 500) | 1.52 | |
| Dividends per share (last 12 months) | $2.09 | |
| Dividend yield (last 12 months) | 0.87% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · below the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
We believe the second half of 2026 capital investments will be in the range of between $300 million and $350 million.
Theresa Wagler · Statement from
We believe volume operations will increase sharply in the second half of 2026 and continue improving through 2027 as startup costs subside, utilization and yields improve, and scrap content increases.
Mark Millett · Statement from
Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Steel Dynamics (STLD): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 4, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the STLD film — every key number, told as a short cinematic story
~2 min · open the film
What is Steel Dynamics (STLD), and what does it report?
Short answer · as of
Steel Dynamics sells flat-rolled and long steel products, processed specialty steel, recycled ferrous and nonferrous metals, and fabricated joists, girders, trusses and decking.
Research dated 2026-09-12.
Steel Dynamics sells flat-rolled and long steel products, processed specialty steel, recycled ferrous and nonferrous metals, and fabricated joists, girders, trusses and decking. Steel remains the dominant reported business, but recycling and commercial-building fabrication make the company more than a conventional mill operator: demand reaches from automotive and equipment production to service centers and building projects.
The consolidated accounts measure sales, gross profit, operating profit, net income and per-share earnings across that portfolio. Segment revenue reveals the operating mix, while the annual results show that higher sales do not necessarily produce higher profit when steel economics weaken.
What do the latest results show for Steel Dynamics (STLD)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $6.09B.
Research dated 2026-09-12.
The latest quarter extended a sharp sequential recovery: revenue, gross profit, operating profit, net income and diluted earnings all advanced, while revenue and earnings exceeded market estimates. Operating cash flow also strengthened and moved comfortably above capital expenditure for the period.
That improvement follows an annual pattern in which revenue increased while net income fell, so the recent rebound is a recovery from compressed profitability rather than uninterrupted expansion. Management expects newer operations to gain volume as startup costs subside, utilization and yields improve, and scrap content rises; those are forward-looking operating claims, not explanations established by the reported results.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $6.09B Jun 30, 2026
- Latest quarter · SG&A
- $193.45M Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $765.52M Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $6.09B | Not available | $193.45M | $765.52M |
| Mar 31, 2026 | $5.20B | Not available | $175.22M | $588.00M |
| Dec 31, 2025 | $4.41B | Not available | $211.84M | $310.23M |
| Sep 30, 2025 | $4.83B | Not available | $200.84M | $507.76M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $6.09B Jul 20, 2026
- Latest report · revenue estimate
- $5.56B Jul 20, 2026
- Latest report · revenue vs estimate
- Above estimate Jul 20, 2026
- Latest report · EPS vs estimate
- Above estimate Jul 20, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Jul 20, 2026 | $6.09B | $5.56B | $3.6900 | $3.6300 |
| Apr 22, 2026 | $5.20B | $5.10B | $2.7800 | $2.8400 |
| Jan 26, 2026 | $4.41B | $4.55B | $1.8200 | $1.7000 |
| Oct 20, 2025 | $4.83B | $4.76B | $2.7400 | $2.6300 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $6.09B | $534M | $3.69 (diluted) |
| Q1 FY2026 | $5.20B | $403M | $2.78 (diluted) |
| Q4 FY2025 | $4.41B | $266M | $1.82 (diluted) |
| Q3 FY2025 | $4.83B | $404M | $2.74 (diluted) |
What are the financial strengths and risks for Steel Dynamics (STLD)?
Short answer
Cash and short-term investments were $567.71M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $427.94M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Liquidity ratios indicate ample current-asset coverage, operating cash flow has remained positive throughout the displayed quarterly series, and the latest period produced substantial cash after capital spending. Distress and financial-quality screens are also favorable.
The harder constraint is funding intensity. Cash and short-term investments sit well below total debt, the cash balance has declined materially across the reported window, and capital expenditure has at times exceeded operating cash flow. If utilization, yields or steel profitability disappoint while the expansion program continues, weaker internal funding could place greater weight on the balance sheet.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $427.94M Jun 30, 2026
- Previous quarter · operating cash flow
- $148.32M Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | $427.94M | −$123.84M |
| Mar 31, 2026 | $148.32M | −$137.98M |
| Dec 31, 2025 | $272.71M | −$188.50M |
| Sep 30, 2025 | $722.61M | −$165.69M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Steel Dynamics (STLD)?
Short answer · as of
The next earnings report is expected on Oct 19, 2026.
Research dated 2026-09-12.
The next report should be read through operating conversion: whether revenue growth still carries through to gross profit, operating profit, net income and cash flow. The prior record of alternating estimate beats and misses makes the composition of the result more informative than the headline comparison alone.
For the ramping operations, watch management’s own markers—volume, startup costs, utilization, yields and scrap content—alongside capital expenditure and the cash balance. Consensus currently implies a strong near-term earnings step followed by softer earnings farther out while revenue changes comparatively little, so durable margin improvement would matter more than sales growth by itself.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
We believe the second half of 2026 capital investments will be in the range of between $300 million and $350 million.
Theresa Wagler ·
We believe volume operations will increase sharply in the second half of 2026 and continue improving through 2027 as startup costs subside, utilization and yields improve, and scrap content increases.
Mark Millett ·
How does Steel Dynamics compare with its peers?
Short answer
Steel Dynamics's score ranks 2nd of 6 in the bounded comparison shown, against 5 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Steel Dynamics differs from a steel producer focused mainly on mill shipments because it also buys, processes and resells scrap and manufactures structural components used in commercial buildings. Recycling adds exposure to scrap flows and services such as logistics, brokerage and scrap management; fabrication sells joists, girders, trusses and decking rather than undifferentiated steel.
Steel operations still account for most reported segment revenue, so the adjacent businesses broaden the value chain without removing exposure to steel pricing and industrial demand. Fabrication also introduces a distinct link to commercial construction activity, making the demand mix wider rather than uniformly defensive.
| Company | Price | Market value | Score |
|---|---|---|---|
| $23.58 Oct 5, 2026 | $28.0B | 98 5-pillar Oct 6, 2026 | |
| Steel Dynamics (STLD) — this page | $241.04 | $34.6B | 79 |
| $251.41 Oct 5, 2026 | $57.3B | 77 5-pillar Oct 6, 2026 | |
| $70.26 Oct 5, 2026 | $33.7B | 74 5-pillar Oct 6, 2026 | |
| $64.73 Oct 5, 2026 | $49.3B | 63 5-pillar Oct 6, 2026 | |
| $37.20 Oct 5, 2026 | $20.6B | 58 5-pillar Oct 6, 2026 | |
| $408.24 Date unavailable | $20.8B | — Model unavailable | |
| $58.23 Date unavailable | $17.6B | — Model unavailable | |
| $57.97 Date unavailable | $11.4B | — Model unavailable | |
| $5.20 Date unavailable | $10.3B | — Model unavailable | |
| $65.51 Date unavailable | $7.25B | — Model unavailable | |
| $12.20 Date unavailable | $6.96B | — Model unavailable | |
| $39.12 Date unavailable | $1.99B | — Model unavailable |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $257.00 – $300.00
- Consensus target
- $271.17
- Median target
- $267.00
Consensus record · Captured .
Measured against a quoted price of $241.04 (as of Oct 5, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Aug 13, 2026
- Transactions
- 40
- Identified insiders
- 14
- Purchases
- 0
- Sales
- 13
- Other transactions
- 27
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 83.5% Period end Jun 30, 2026
- Previous quarter · ownership
- 80.9% Prior to period end Jun 30, 2026
- Reporting holders
- 1,068 Period end Jun 30, 2026
- Previous quarter · holders
- 971 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 12,396,499 |
| Vanguard Capital Management LLC | 8,902,216 |
| Fmr LLC | 7,720,913 |
| State Street Corp | 7,376,476 |
| Vanguard Portfolio Management LLC | 6,755,104 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Steel Dynamics (STLD)?
- Cleveland-Cliffs Jumps 10% as Stelco Fallout Fades Before October 19 Earnings; Nucor and Steel Dynamics Rise 5%
- CNBC Halftime Report Final Trades: Nvidia, Cheniere Energy, Steel Dynamics, Antofagasta
- BNP Paribas Adjusts Steel Dynamics Price Target to $275 From $270, Maintains Outperform Rating
- “Cleveland-Cliffs Rises 3% as Steel-Stock Selloff Subsides; Nucor and Steel Dynamics Tick Higher
What Investors Ask About Steel Dynamics (STLD) — Basic Materials
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
What does Steel Dynamics sell besides rolled steel?
Its portfolio includes structural shapes, bars, rail, engineered steel products, recycled ferrous and nonferrous metals, and fabricated joists, girders, trusses and decking. It also provides steel processing, galvanizing, scrap logistics, brokerage and management services.
Why have Steel Dynamics results improved after annual profit weakened?
The latest quarter continued a sequential rise across revenue and each major profit measure, but the annual record still shows sales increasing while net income declined. Management expects further operating gains as startup costs ease and utilization, yields and scrap content improve.
Can Steel Dynamics fund its expansion spending from operating cash flow?
Recent operating cash flow exceeded capital expenditure, but that relationship has not held consistently across the displayed periods. Cash has declined substantially and remains below total debt, making continued cash conversion important while investment continues.
How does Steel Dynamics fabrication business differ from its mill shipments?
Fabrication turns steel into joists, girders, trusses and decking for commercial buildings, placing it closer to construction projects than mill products sold to manufacturers, service centers and fabricators. That creates a demand channel tied specifically to commercial building activity.
What is the STLD stock price today?
The last price recorded on this page for Steel Dynamics, Inc. (STLD) is $241.04, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the STLD price target?
The analyst consensus price target for Steel Dynamics, Inc. (STLD) is $271.17 (range $257.00 to $300.00, median $267.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are STLD's next earnings?
The next earnings date listed on this page for Steel Dynamics, Inc. (STLD) is Oct 19, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (80 figures)
The 80 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Theresa Wagler (Jul 21, 2026): We believe the second half of 2026 capital investments will be in the range of between $300 million and $350 million. Mark Millett (Jul 21, 2026): We believe volume operations will increase sharply in the second half of 2026 and continue improving through 2027 as startup costs subside, utilization and yields improve, and scrap content increases. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | Fort Wayne, IN | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "7575 West Jefferson Boulevard, Fort Wayne, IN, 46804, US". |
FMP — 69 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $241.04 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-06T09:33:37.181Z. | |
px.change | Change on the day | +3.90% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $34.6B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T20:00:00.000Z. Captured from FMP at 2026-10-06T09:31:49.097Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$9.05 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $6.09B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $140.87–$288.74 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 21.77 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 1.06M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.52 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Mark D. Millett | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 14,400 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $18.41B, net result $3.21B; FY2022 revenue $22.26B, net result $3.86B; FY2023 revenue $18.80B, net result $2.45B; FY2024 revenue $17.54B, net result $1.54B; FY2025 revenue $18.18B, net result $1.19B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Other $1.33B · Steel Operations $13.02B · Aluminum Operations $361.09M · Metals Recycling Operations $2.04B · Steel Fabrication Operations $1.42B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 14.6% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $6.09B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.sga_k | SG&A — period end 2026-06-30 | $193.45M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $765.52M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $5.20B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.sga_k | SG&A — period end 2026-03-31 | $175.22M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | $588.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $4.41B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.sga_k | SG&A — period end 2025-12-31 | $211.84M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $310.23M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $4.83B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.sga_k | SG&A — period end 2025-09-30 | $200.84M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $507.76M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-07-20.revenue_actual | Revenue · reported — report date 2026-07-20 | $6.09B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-20.revenue_estimated | Revenue · estimate — report date 2026-07-20 | $5.56B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-20.eps_actual | EPS · reported — report date 2026-07-20 | $3.6900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-20.eps_estimated | EPS · estimate — report date 2026-07-20 | $3.6300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-22.revenue_actual | Revenue · reported — report date 2026-04-22 | $5.20B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-22.revenue_estimated | Revenue · estimate — report date 2026-04-22 | $5.10B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-22.eps_actual | EPS · reported — report date 2026-04-22 | $2.7800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-22.eps_estimated | EPS · estimate — report date 2026-04-22 | $2.8400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-26.revenue_actual | Revenue · reported — report date 2026-01-26 | $4.41B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-26.revenue_estimated | Revenue · estimate — report date 2026-01-26 | $4.55B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-26.eps_actual | EPS · reported — report date 2026-01-26 | $1.8200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-26.eps_estimated | EPS · estimate — report date 2026-01-26 | $1.7000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-20.revenue_actual | Revenue · reported — report date 2025-10-20 | $4.83B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-20.revenue_estimated | Revenue · estimate — report date 2025-10-20 | $4.76B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-20.eps_actual | EPS · reported — report date 2025-10-20 | $2.7400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-20.eps_estimated | EPS · estimate — report date 2025-10-20 | $2.6300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $567.71M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $427.94M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $4.18B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 3.70× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | $427.94M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | $148.32M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$123.84M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$137.98M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | $272.71M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$188.50M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $722.61M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$165.69M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $257.00 – $300.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $271.17 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $267.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 40 transactions · 0 purchases, 13 sales, 27 other transactions · 14 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Aug 13, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 83.5% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 80.9% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 1,068 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 971 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 12,396,499 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 8,902,216 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Fmr LLC — shares in provider snapshot | 7,720,913 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | State Street Corp — shares in provider snapshot | 7,376,476 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 6,755,104 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 19, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-08-29 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 5 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-05 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 60.95× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $567.71M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $2.09 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-06, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 0.87% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-07-20.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($6.09B) with the recorded estimate ($5.56B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-07-20.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($3.6900) with the recorded estimate ($3.6300) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 79 of 100 · Strong · pillars 63 / 74 / 41 / 86 / 91 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 77 (stored snapshot Oct 5, 2026) → 79 (current publication computed Oct 6, 2026) (+2) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.sga_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.sga_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.sga_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.sga_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-07-20. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-07-20.revenue_actual,earn.history.depth.2026-07-20.revenue_estimated,earn.history.depth.2026-07-20.revenue_actual.comparison,earn.history.depth.2026-07-20.eps_actual.comparison,earn.history.depth.2026-07-20.eps_actual,earn.history.depth.2026-07-20.eps_estimated,earn.history.depth.2026-04-22.revenue_actual,earn.history.depth.2026-04-22.revenue_estimated,earn.history.depth.2026-04-22.eps_actual,earn.history.depth.2026-04-22.eps_estimated,earn.history.depth.2026-01-26.revenue_actual,earn.history.depth.2026-01-26.revenue_estimated,earn.history.depth.2026-01-26.eps_actual,earn.history.depth.2026-01-26.eps_estimated,earn.history.depth.2025-10-20.revenue_actual,earn.history.depth.2025-10-20.revenue_estimated,earn.history.depth.2025-10-20.eps_actual,earn.history.depth.2025-10-20.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Steel Operations: $13.41B; Steel Fabrication Operations: $1.42B; Metals Recycling and Ferrous Resources Operations: $4.35B | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-21 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-20 | FMP | Financial Modeling Prep (FMP) earnings |
| Trailing twelve-month ratio set | Quick ratio: 1.45; Current ratio: 3.18; Debt to equity: 0.44; Net margin: 7.8%; Gross margin: 14.6%; Operating margin: 10.6%; Return on assets: 9.4%; Return on equity: 17.6% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 6.02; Piotroski F-score: 7 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Cash, investments and debt | Total debt: $4.18B; Liquidity basis: cash and short-term investments; Total liabilities: $7.75B; Cash and short-term investments: $567.71M; Cash and investments: $567.70M; Long-term investments: $0; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $567.70M; Cash and short-term investments: $567.70M; Long-term investments: $0; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash decline over the reported window | To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $567.70M; Decline: $1.09B; Opening balance: $1.66B; Average change per period: $156.10M Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length. | 2026-06-30 | COMPUTED | Computed from reported balances |
| Cash against market value | As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$3.61B; Total debt: $4.18B; Cash and investments: $567.70M Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-30 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Next earnings report | Date: 2026-10-19; EPS estimate: $5.55 per share; Revenue estimate: $6.40B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Sector / industry (provider taxonomy) | Basic Materials / Steel The company's SEC filings classify it under SIC 3312 — Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens). | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
Data provided for informational purposes only.
ETFs that hold STLD
Funds in our ETF coverage that list STLD among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| XME ETF | 4.53% | |
| Volshares Large Cap ETF (VSL) | 3.94% | |
| Touchstone Climate Transition ETF (HEAT) | 2.35% |