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	Apr '26 Apr 23, 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 Cap	32,180	24,560	17,238	18,898	16,896	12,104
Market Cap Growth	96.23%	42.48%	-8.79%	11.85%	39.59%	55.64%
Enterprise Value	36,019	27,940	19,316	19,360	17,618	13,884
Last Close Price	222.36	169.45	114.07	118.10	97.70	62.07
PE Ratio	24.37	21.21	11.59	8.07	4.67	3.99
Forward PE	13.95	14.02	13.62	10.05	7.83	3.62
PEG Ratio	0.95	0.15	0.15	0.15	0.15	0.14
PS Ratio	1.69	1.35	0.98	1.01	0.76	0.66
PB Ratio	3.59	2.74	1.93	2.13	2.08	1.92
P/TBV Ratio	3.57	2.81	1.99	2.23	2.22	2.03
P/FCF Ratio	48.41	48.97	-733.43	10.15	4.76	10.10
P/OCF Ratio	22.27	16.94	9.35	5.37	3.79	5.49
EV/Sales Ratio	1.89	1.54	1.10	1.03	0.79	0.75
EV/EBITDA Ratio	15.55	13.78	7.98	5.39	3.22	2.99
EV/EBIT Ratio	20.71	18.93	9.94	6.14	3.46	3.23
EV/FCF Ratio	54.18	55.71	-821.84	10.40	4.96	11.59
Debt / Equity Ratio	0.46	0.47	0.31	0.30	0.37	0.48
Debt / EBITDA Ratio	1.81	2.08	1.33	0.86	0.56	0.67
Debt / FCF Ratio	6.32	8.40	-137.47	1.65	0.87	2.59
Net Debt / Equity Ratio	0.40	0.38	0.28	0.11	0.10	0.30
Net Debt / EBITDA Ratio	1.57	1.70	1.03	0.26	0.15	0.40
Net Debt / FCF Ratio	5.48	6.86	-106.10	0.51	0.23	1.55
Asset Turnover	1.15	1.16	1.18	1.29	1.67	1.69
Inventory Turnover	4.27	4.61	4.91	4.90	4.85	4.85
Quick Ratio	1.20	1.16	1.00	1.60	2.12	1.42
Current Ratio	3.13	3.06	2.53	2.91	3.76	3.10
Return on Equity (ROE)	15.17%	13.28%	17.43%	29.14%	53.82%	60.87%
Return on Assets (ROA)	8.33%	7.49%	10.18%	16.62%	29.48%	30.44%
Return on Invested Capital (ROIC)	9.94%	8.99%	12.98%	23.16%	41.18%	41.74%
Return on Capital Employed (ROCE)	12.06%	10.90%	15.32%	25.51%	45.40%	46.98%
Earnings Yield	4.26%	4.72%	8.63%	12.40%	21.41%	25.07%
FCF Yield	2.07%	2.04%	-0.14%	9.85%	21.02%	9.90%
Dividend Yield	0.93%	1.16%	1.59%	1.38%	1.32%	1.67%
Payout Ratio	21.75%	24.56%	18.39%	11.07%	6.14%	6.63%
Buyback Yield / Dilution	4.52%	4.95%	6.75%	9.31%	10.64%	2.70%
Total Shareholder Return	5.46%	6.11%	8.34%	10.69%	11.97%	4.37%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q