Steel Dynamics STLD
Steel Dynamics produces and recycles steel in the U.S., with integrated operations in scrap, rolling, and steel product manufacturing. Steel Dynamics shows exceptional growth (revenue +33.4%, earnings +83.6%) and solid financial health (ND/EBITDA 1.43), but its valuation (P/E 21.18) and position at the peak of the steel cycle warrant caution. Strong momentum (+70% over 12 months) reflects market optimism that could reverse if steel prices normalize.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Steel Dynamics produces and recycles steel in the U.S., with integrated operations in scrap, rolling, and steel product manufacturing. Steel Dynamics shows exceptional growth (revenue +33.4%, earnings +83.6%) and solid financial health (ND/EBITDA 1.43), but its valuation (P/E 21.18) and position at the peak of the steel cycle warrant caution. Strong momentum (+70% over 12 months) reflects market optimism that could reverse if steel prices normalize.
Score by category
| Category | Score |
|---|---|
| Financial health | 6.8 |
| Quality / Moat | 4.5 |
| Valuation | 4.9 |
| Growth | 7.1 |
| Dividend | 4.5 |
| Momentum | 8.5 |
| Risk & Context | 3.4 |
OVERALL SCORE: 5.3/10
Context and risks
The rise in crude oil and tensions in the Middle East increase energy and transportation costs for an energy-intensive steel producer. However, the effect is partially offset by the strength of the US steel market and domestic demand.
News considered in the analysis
- Cleveland-Cliffs Jumps 5% as Month-Long Rebound Extends; Nucor and Steel Dynamics Tick Up — El repunte del sector del acero refleja un entorno de precios favorable, aunque el movimiento es sectorial y no específico de STLD.
- Is It Worth Investing in Steel Dynamics (STLD) Based on Wall Street's Bullish Views? — Artículo de opinión sobre la visión de los analistas, sin información nueva material.
- Nucor and Steel Dynamics Just Pulled Back—The Steel Story Still Looks Strong — La corrección tras una fuerte subida y la narrativa de fortaleza del acero sugieren que el mercado ya ha descontado parte del optimismo.
- Company News for Sep 21, 2026 — Resumen genérico de noticias de empresas, sin información específica relevante para STLD.
- Steel Dynamics (STLD) Stock Looks Cheap Even After A 324% Run — El artículo destaca que la acción sigue barata a pesar de la fuerte revalorización, lo que refuerza la narrativa de valor, aunque el mercado ya lo ha descontado en parte.
Verdict: Hold, with attention to the sustainability of the steel cycle and energy costs. The stock has risen 324% and the market already discounts much of the future growth.
Main risk: The main risk is the cyclical nature of steel: the current 83.6% earnings growth is unsustainable in the long term, and a normalization of steel prices or an increase in energy costs (due to oil and gas) could compress margins and valuation.
Other Basic Materials companies
Neighbours in the sector ranking, to compare without going back to the index.
See all 1,000+ companies in the index →