Steel Dynamics, Inc. (STLD) Stock

About Steel Dynamics, Inc.

Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.

Steel Dynamics, Inc. is led by CEO Mark D. Millett, employs 13,000 people, headquartered in Fort Wayne, US, publicly traded since 1996.

Steel Dynamics, Inc. (STLD) stock trades at $248.49 with a market capitalization of $35.84B. The stock is valued at a price-to-earnings (P/E) ratio of 24.94, price-to-book of 3.77, price-to-sales of 1.73. Over the past 52 weeks the stock has ranged between $119.89 and $288.74, and currently trades 13.9% below its 52-week high. It pays a dividend yielding 0.90%.

On profitability, Steel Dynamics, Inc. generates a return on equity (ROE) of 15.25%, above the typical market average, return on capital employed of 16.53%, an operating margin of 8.12%, a net profit margin of 7.22%.

In its most recent fiscal year, Steel Dynamics, Inc. reported annual revenue of $18.2B, net profit of $1.2B, revenue has compounded at 13.6% a year over the last five years, profit at 16.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.46 — a conservative balance sheet with little leverage risk, a current ratio of 3.06, total assets of $16.4B, $770.0M in cash and equivalents.

STLD has an average daily trading volume of 1,192,901 shares, a beta of 1.52 (more volatile than the overall market).

Official website: www.steeldynamics.com