Steel Dynamics Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	23,972	21,076	16,774	17,289	16,050	10,831
Market Cap Growth	26.74%	25.64%	-2.98%	7.72%	48.19%	70.82%
Enterprise Value	26,870	23,620	18,727	18,007	16,982	12,584
Last Close Price	161.46	145.15	107.78	103.45	87.37	51.69
PE Ratio	23.74	20.87	11.30	7.80	4.44	3.83
PS Ratio	1.55	1.36	0.99	1.02	0.77	0.67
PB Ratio	3.15	2.77	1.94	2.16	2.12	1.95
P/TBV Ratio	3.45	3.04	2.11	2.35	2.33	2.22
P/FCF Ratio	56.12	49.34	-	10.26	4.83	10.28
P/OCF Ratio	19.42	17.07	9.41	5.43	3.85	5.59
EV/Sales Ratio	1.74	1.53	1.11	1.06	0.82	0.78
EV/EBITDA Ratio	15.61	13.68	8.01	5.55	3.31	3.08
EV/EBIT Ratio	21.45	18.79	9.98	6.32	3.56	3.33
EV/FCF Ratio	62.91	55.30	-	10.69	5.11	11.95
Debt / Equity Ratio	0.47	0.47	0.37	0.36	0.39	0.51
Debt / EBITDA Ratio	2.08	2.08	1.34	0.87	0.57	0.68
Debt / FCF Ratio	8.40	8.40	-	1.72	0.90	2.68
Net Debt / Equity Ratio	0.39	0.39	0.29	0.12	0.11	0.31
Net Debt / EBITDA Ratio	1.70	1.70	1.08	0.30	0.17	0.42
Net Debt / FCF Ratio	6.86	6.86	-110.97	0.58	0.26	1.64
Asset Turnover	1.16	1.16	1.18	1.29	1.67	1.69
Inventory Turnover	4.61	4.61	4.91	4.90	4.85	4.86
Quick Ratio	1.16	1.16	1.00	1.60	2.12	1.42
Current Ratio	3.06	3.06	2.53	2.91	3.76	3.10
Return on Equity (ROE)	13.28%	13.28%	17.43%	29.14%	53.82%	60.87%
Return on Assets (ROA)	5.88%	5.88%	8.14%	13.55%	23.85%	24.67%
Return on Invested Capital (ROIC)	9.64%	9.81%	14.15%	25.51%	45.47%	45.91%
Return on Capital Employed (ROCE)	10.30%	10.30%	15.20%	25.10%	42.00%	41.70%
Earnings Yield	4.21%	4.79%	8.85%	12.83%	22.52%	26.09%
FCF Yield	1.78%	2.03%	-0.14%	9.74%	20.70%	9.72%
Dividend Yield	1.08%	1.17%	1.65%	1.49%	1.46%	1.77%
Payout Ratio	24.56%	24.56%	18.39%	11.07%	6.14%	6.63%
Buyback Yield / Dilution	4.95%	4.95%	6.75%	9.31%	10.64%	2.70%
Total Shareholder Return	6.03%	6.13%	8.39%	10.80%	12.10%	4.47%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.