STLD
Steel DynamicsPrevious close
250.80
Change
−2.73 / −1.08%
P/E (TTM) ?
18.4
Market Cap
$35.4B
1M
+13.17%
S&P 500 −0.91% over same period
Volume / Avg Volume
808K / 1.2M
0.67× average
Latest earnings analysisFY2026 Q2Reported 2026-07-21
Steel Dynamics Q2 2026: revenue up 33.4%, EPS $3.69 on record shipments
Steel Dynamics earned $3.69 per diluted share on $6.09 billion of revenue in Q2 2026, up from $2.01 and $4.57 billion a year ago, with the top line 17.0% above Q1. The read: pricing and record volumes did the work, and the aluminum startup loss narrowed 48% sequentially. The only blemish is a 0.5% EPS miss against consensus.
Read the full analysis →Revenue$6.09BYoY +33.40%
EPS$3.69Missest. $3.71
Next-day move+2.19%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-21 | $6.1B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-21 | $5.2B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-27 | $18.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-21 | $4.8B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-22 | $4.6B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-23 | $4.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 59 of its 5-year rangeMid-range
5-year range 7.6 – 27.9 · Median 13.8
Last 4 quarters: $831M in buybacks + $298M in dividends, 3.19% of market cap combined
P/E (TTM)
18.4
P/B
3.7
P/S
1.6
Dividend Yield
1.52%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.5% on average on the first trading day after, rising 3 times
Most recent +2.19%
Volatility & Correlation
1-year beta 1.05 · Correlation with S&P 500 0.38Tracks the market
Annualized volatility 36% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 6.51 | +34.8% | 19.7% | 0.76 | 5.26 |
| FY2026 Q2 | 6.09 | +33.4% | 15.7% | 0.53 | 3.69 |
| FY2026 Q1 | 5.20 | +19.1% | 14.7% | 0.40 | 2.78 |
| FY2025 Q4 | 4.41 | +14.0% | 12.0% | 0.27 | 1.80 |
| FY2025 Q3 | 4.83 | +11.2% | 15.7% | 0.40 | 2.74 |
| FY2025 Q2 | 4.57 | −1.5% | 13.5% | 0.30 | 2.01 |
| FY2025 Q1 | 4.37 | −6.9% | 11.1% | 0.22 | 1.44 |
| FY2024 Q4 | 3.87 | −8.5% | 11.4% | 0.21 | 1.40 |
| FY2024 Q3 | 4.34 | −5.4% | 13.9% | 0.32 | 2.05 |
| FY2024 Q2 | 4.63 | −8.8% | 16.7% | 0.43 | 2.72 |
| FY2024 Q1 | 4.69 | −4.1% | 20.9% | 0.58 | 3.67 |
| FY2023 Q4 | 4.23 | −15.1% | 17.3% | 0.42 | 2.66 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| STLD | 18.4 | +34.8% | 19.7% | +13.17% | Bullish |
| LIN | 32.0 | +9.2% | — | +8.34% | Bullish |
| NEM | 12.5 | +15.2% | — | −7.57% | Bullish |
| FCX | 30.5 | −8.1% | 30.0% | −10.76% | Bullish |
| ECL | 41.0 | +12.7% | 44.1% | +10.34% | Bullish |
| SHW | 29.9 | +7.9% | 47.8% | +2.89% | Bullish |
| APD | — | +4.6% | 32.8% | +13.73% | Neutral |
| NUE | 17.1 | +23.0% | 19.6% | +17.16% | Bullish |
| CRH | 15.6 | +3.0% | 38.8% | +9.67% | Bullish |