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
DateValue
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