$233.52
+1.31%
N/A+$3.03
Basic Materials
Steel
NASDAQ
Active Trading
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-22
Gross Margin
—
Net Margin
—
P/E Ratio
—
Debt / Equity
—
Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 29.1% | 27.5% | 21.5% | 16.0% | 13.0% | — |
| Operating MarginOperating income as a percentage of revenue. | 23.4% | 22.9% | 16.8% | 11.1% | 8.1% | — |
| Net MarginNet income as a percentage of revenue. | 17.5% | 17.4% | 13.0% | 8.8% | 6.5% | — |
| EBITDA MarginEBITDA divided by revenue. | 25.1% | 24.7% | 19.9% | 14.4% | 11.6% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 22.9% | 22.6% | 17.1% | 11.3% | 8.2% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 3.10 | 3.76 | 2.91 | 2.53 | 3.06 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.51 | 2.22 | 1.67 | 1.08 | 1.29 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.56 | 0.80 | 0.60 | 0.27 | 0.36 | — |
| Debt / AssetsDebt as a share of total assets. | 24.8% | 21.7% | 20.6% | 22.4% | 25.7% | — |
| Debt / EquityDebt compared with shareholder equity. | 0.49 | 0.38 | 0.35 | 0.37 | 0.47 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 9.61x | 10.83x | 11.69x | 12.38x | 10.80x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 3.69x | 5.16x | 5.10x | 4.73x | 4.23x | — |
| Payables TurnoverHow often payables are paid in a year. | 10.19x | 15.87x | 13.55x | 15.04x | 12.84x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 1.47x | 1.57x | 1.26x | 1.17x | 1.11x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 4.80x | 4.33x | 3.74x | 4.53x | 4.76x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 3.96x | 4.64x | 8.02x | 11.53x | 21.13x | — |
| P/B RatioPrice paid for each dollar of book value. | 2.02x | 2.20x | 2.22x | 1.98x | 2.80x | — |
| P/S RatioPrice paid for each dollar of sales. | 0.69x | 0.80x | 1.05x | 1.01x | 1.38x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 10.63x | 5.05x | 10.56x | -754.32x | 49.94x | — |
| Dividend YieldAnnual dividend divided by current share price. | 1.7% | 1.3% | 1.4% | 1.6% | 1.2% | — |