← BackSTEEL DYNAMICS INC · Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)STLD
Low riskNext report: Around Jan 26, 2027 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 35% in the latest quarter vs a year ago
- Profitable every year for 10 years
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 1.2% to their holdings in the quarter ending June 2026 (485 bought, 432 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$237.73-1.6% that day
- Company value
- $33.8B
- Share price times all shares
- Price vs profit (P/E)
- 17.5x
- You pay about $18 for each $1 of yearly profit
- Price vs sales
- 1.5x
- Company value is 1.5 times a year of sales
- Dividend yield
- 0.8%
- Yearly dividend as a share of today's price
- Cash vs value
- 3%
- Cash as a share of company value
- Debt vs value
- 12%
- Debt as a share of company value
From STLD's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Sep '26$6.5B+35% vs a year earlier
Dec '23Tap a barSep '26
Last 12 months: $22.2B, up 26% from the 12 months before. Over 5 years, sales grew about 14% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.13.3%
- PassDebt under half of equityNot relying on borrowed money.0.47x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.5%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$501.5M
- PassShare count not growingNot diluting owners. Falling means buybacks.-19.6% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.13.2%
- Revenue
- $18.2B
- +3.6% vs prior year
- 5-year growth
- +13.6%/yr
- revenue, per year
- Total debt
- $4.2B
- 0.47x equity
- Current ratio
- 3.06x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Sep 30, 2026Reported Oct 20During market9:30 am ET - Revenue
- $6.5B
- +34.8% YoY
- EPS
- $5.26
- vs $2.74
- Op. margin
- 15.5%
- +5.0 pts
- Gross margin
- 19.7%
- +4.0 pts
- Free cash flow
- $696.2M
- Share count
- -2.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
45/ 100
- This week
- 1
- Normal week
- 1.3
- vs normal
- 0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.2%Institutions added 1.2% to their holdings. 485 bought, 432 sold.
Shares held by institutions119.1M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-4.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $4.2B debtShares outstandingLatest reported
142MNext reportAround Jan 26, 2027 (est.)Estimated from the same quarter last year
- Results filedOct 20
- Results filedJul 21
- Results filedApr 21
- Results filedJan 27
- Results filedOct 21, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.