Steel Dynamics (STLD) Asset Utilization Ratio (2009 - 2026)
Steel Dynamics (STLD) posted Asset Utilization Ratio of 1.21 for Q2 2026, up 5.81% sequentially from 1.15 in Q1 2026, and up 11.44% YoY from 1.09 in Q2 2025.
Steel Dynamics (STLD) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Asset Utilization Ratio for 18 years, with the latest figure at 1.21 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 11.44% year-over-year to 1.21 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.21 (up 11.44% YoY) and the FY2025 annual result came in at 1.16, down 1.37% from the prior year.
- Asset Utilization Ratio rose to 1.21 in Q2 2026 per STLD's latest filing, from 1.15 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.66 in Q2 2022 and troughed at 1.09 in Q2 2025.
- A 5-year average of 1.31 and a median of 1.23 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio soared 46.51% in 2022, then declined 20.18% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 1.58 in 2022, then fell by 20.18% to 1.26 in 2023, then fell by 8.99% to 1.15 in 2024, then slipped by 2.1% to 1.12 in 2025, then climbed by 8.16% to 1.21 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.21, 1.15, and 1.12 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.91 Bn | 99.02 Bn | 941.02 Mn | 0.66 |
| 2 | Nucor | 55.74 Bn | 53.05 Bn | 2.03 Bn | 0.99 |
| 3 | ArcelorMittal | 55.38 Bn | 50.53 Bn | - | 0.64 |
| 4 | Steel Dynamics | 32.91 Bn | 32.32 Bn | 958.97 Mn | 1.21 |
| 5 | Reliance | 19.64 Bn | 19.41 Bn | 1.30 Bn | 1.44 |
| 6 | Cleveland-Cliffs | 6.55 Bn | 6.48 Bn | 132.00 Mn | 0.95 |
| 7 | Gerdau | 5.46 Bn | 4.32 Bn | 558.98 Mn | 0.92 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.57 Bn | 3.01 Bn | - | - |
| 9 | Posco Holdings | 4.33 Bn | 1.84 Bn | 1.04 Bn | 1.03 |
| 10 | Worthington Steel | 1.73 Bn | 1.65 Bn | 118.80 Mn | 1.51 |
Historic Data
Download 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 |