STLD
BuyPremium GrowerAI neutralSteel Dynamics, Inc. · Basic Materials · United States · $34.6B cap · $238.9M/day traded
$237.55 -1.6% · close 26 Oct · scored 24 Oct
Premium Grower: Strong business with the market behind it, priced at a premium.
Read our full research report on STLD (Oct 2026), freeReported 19 Oct: the next-year EPS estimate rose 0.8% across the report (snapshots of 18 Oct and 25 Oct).
As of 24 Oct 2026, MoatMap's StockRank for Steel Dynamics, Inc. (STLD) is 78/100, ranked against 24,000+ stocks in 35 markets (Quality 65, Value 32, Momentum 77, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Steel Dynamics is a low-cost US electric-arc steelmaker that benefits from tariffs and infrastructure and data center construction, and forward estimates rose recently. However, it issued weaker-than-expected third-quarter guidance, and steel remains a commodity business whose earnings swing with prices.
ABOUT STEEL DYNAMICS, INC.
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Steel Dynamics, Inc. is a leading North American steel producer and metal recycler, primarily operating highly efficient electric arc furnace (EAF) mini-mills to produce a diverse range of steel products. The company's competitive moat is derived from its cost-effective and flexible production model, coupled with significant vertical integration through its large metal recycling operations. Steel Dynamics is recognized for its strong financial performance and strategic asset placement, serving various end markets efficiently.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.3B | 18.8B | 17.5B | 18.2B | -6.5% | 22.2B | 24.1B | 24.9B | 17.1% |
| EPS | 21.06 | 14.72 | 9.89 | 8.02 | -27.5% | 13.54 | 17.29 | 21.41 | 63.4% |
| Shares | 172.9M | 160.0M | 151.1M | 144.9M | -16.2% | 143.3M | — | — | — |
| Debt | 3.1B | 3.1B | 3.2B | 4.2B | 11.1% | 4.4B | — | — | — |
| Equity | 8.1B | 8.9B | 8.9B | 9.0B | 3.3% | — | — | — | — |
| Op CF | 4.5B | 3.5B | 1.8B | 1.4B | -31.2% | 1.7B | — | — | — |
| Inv CF | -1.9B | -2.0B | -1.3B | -975.0M | — | — | — | — | — |
| Fin CF | -2.2B | -1.8B | -1.4B | -294.3M | — | — | — | — | — |
Above its 200-day average and 16% below its 52-week high.
Calmer than 61% of stocks we rank over the past year (36% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of STLD are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| STLD | Steel Dynamics, Inc.(you) | $34.6B | 78 | Buy |
| RS | Reliance, Inc. | $21.2B | 84 | Strong Buy |
| NUE | Nucor Corporation | $58.6B | 83 | Strong Buy |
| CLF | Cleveland-Cliffs Inc. | $7.9B | 45 | Hold |
| NWPX | NWPX Infrastructure, Inc. | $938M | 85 | Strong Buy |
| WS | Worthington Steel, Inc. | $2.0B | 56 | Hold |
| MTUS | Metallus Inc. | $846M | 65 | Hold |
| FRD | Friedman Industries, Incorporated | $302M | 96 | Strong Buy |
| PPG | PPG Industries, Inc. | $24.6B | 70 | Buy |
| AU | AngloGold Ashanti plc | $42.3B | 91 | Strong Buy |
Peer medians: ROE 1.6% · P/E 20.6x · Gross margin 27.5%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.