Steel Dynamics Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 20, 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	28,242	24,746	17,367	19,111	17,153	12,318
Market Cap Growth	43.33%	42.49%	-9.13%	11.41%	39.26%	58.81%
Enterprise Value	31,683	27,733	19,388	19,904	18,149	14,311
Last Close Price	193.39	169.45	112.44	114.73	93.46	58.37
PE Ratio	24.20	20.87	11.30	7.80	4.44	3.83
Forward PE	14.01	14.02	13.62	10.05	7.83	3.62
PS Ratio	1.55	1.36	0.99	1.02	0.77	0.67
PB Ratio	3.14	2.77	1.94	2.16	2.12	1.95
P/TBV Ratio	3.47	3.04	2.11	2.35	2.33	2.22
P/FCF Ratio	56.31	49.34	-	10.26	4.83	10.28
P/OCF Ratio	19.48	17.07	9.41	5.43	3.85	5.59
PEG Ratio	0.75	0.15	0.15	0.15	0.15	0.14
EV/Sales Ratio	1.74	1.53	1.11	1.06	0.82	0.78
EV/EBITDA Ratio	15.63	13.68	8.01	5.55	3.31	3.08
EV/EBIT Ratio	21.47	18.79	9.98	6.32	3.56	3.33
EV/FCF Ratio	63.18	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	4.20%	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	1.03%	1.18%	1.64%	1.48%	1.46%	1.78%
Payout Ratio	25.03%	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	5.99%	6.13%	8.38%	10.79%	12.10%	4.48%

Updated Jan 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q