Steel Dynamics (STLD) Asset Utilization Ratio (2009 - 2026)
Steel Dynamics' (STLD) quarterly Asset Utilization Ratio came in at 1.15 in Q1 2026, up 2.86% year-on-year from 1.12 in Q1 2025, and up 2.21% quarter-over-quarter from 1.12 in Q4 2025.
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 1.15 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.15, up 2.86% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.15 (up 2.86% YoY), and the FY2025 annual result was 1.16, down 1.37% from the prior year.
- Asset Utilization Ratio came in at 1.15 for Q1 2026 at Steel Dynamics, up from 1.12 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.
- The 5-year median for Asset Utilization Ratio is 1.24 (2024), against an average of 1.31.
- Across the five-year window, Asset Utilization Ratio surged 46.66% in 2022 and slipped 20.18% in 2023, its largest moves.
- Steel Dynamics' 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 climbed by 2.21% to 1.15 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.15 (Q1 2026), 1.12 (Q4 2025), and 1.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 0.65 |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.97 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 0.63 |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 1.15 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 1.40 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 0.94 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 0.99 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.50 |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 0.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.24 |