Steel Dynamics (STLD) Asset Utilization Ratio (2009 - 2026)
Steel Dynamics' (STLD) quarterly Asset Utilization Ratio came in at 1.21 in Q2 2026, up 11.44% year-over-year from 1.09 in Q2 2025, and up 5.81% quarter-over-quarter from 1.15 in Q1 2026.
Analysis
Steel Dynamics (STLD) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 1.21 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 11.44% year-over-year to 1.21; the TTM figure through Jun 2026 stood at 1.21 (up 11.44% YoY), while the FY2025 annual figure was 1.16, down 1.37% from the prior year.
- Asset Utilization Ratio came in at 1.21 for Q2 2026 at Steel Dynamics, up from 1.15 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.66 in Q2 2022 to a low of 1.09 in Q2 2025.
- Average Asset Utilization Ratio over 5 years is 1.31, with a median of 1.23 recorded in 2024.
- Year-over-year, Asset Utilization Ratio surged 46.51% in 2022 and dropped 20.18% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 1.58 in 2022, then dropped by 20.18% to 1.26 in 2023, then dropped by 8.99% to 1.15 in 2024, then retreated by 2.1% to 1.12 in 2025, then gained by 8.16% to 1.21 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.21 in Q2 2026, 1.15 in Q1 2026, and 1.12 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 0.66 |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 0.99 |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 1.21 |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 0.83 |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | 0.91 |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | 0.95 |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 1.05 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 0.95 |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | 1.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 |
| Mar 31, 2026 | 1.15 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.12 |
| Jun 30, 2025 | 1.09 |
| Mar 31, 2025 | 1.12 |
| Dec 31, 2024 | 1.15 |
| Sep 30, 2024 | 1.17 |
| Jun 30, 2024 | 1.21 |
| Mar 31, 2024 | 1.24 |
| Dec 31, 2023 | 1.26 |
| Sep 30, 2023 | 1.32 |
| Jun 30, 2023 | 1.42 |
| Mar 31, 2023 | 1.52 |
| Dec 31, 2022 | 1.58 |
| Sep 30, 2022 | 1.64 |
| Jun 30, 2022 | 1.66 |
| Mar 31, 2022 | 1.60 |
| Dec 31, 2021 | 1.53 |
| Sep 30, 2021 | 1.41 |