Steel Dynamics (STLD) Debt Ratio (2009 - 2026)
Steel Dynamics' (STLD) quarterly Debt Ratio came in at 0.25 in Q1 2026, down 4.62% year-on-year from 0.26 in Q1 2025, and down 2.04% quarter-over-quarter from 0.26 in Q4 2025.
Steel Dynamics (STLD) Debt Ratio (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Debt Ratio across 18 years of filings, most recently posting 0.25 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.25, down 4.62% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.25 (down 4.62% YoY), and the FY2025 annual result was 0.26, up 18.55% from the prior year.
- Debt Ratio came in at 0.25 for Q1 2026 at Steel Dynamics, down from 0.26 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.26 in Q1 2025 to a low of 0.2 in Q2 2024.
- The 5-year median for Debt Ratio is 0.22 (2022), against an average of 0.23.
- Across the five-year window, Debt Ratio declined 23.6% in 2022 and soared 30.29% in 2025, its largest moves.
- Steel Dynamics' Debt Ratio stood at 0.22 in 2022, then retreated by 5.01% to 0.21 in 2023, then rose by 5.02% to 0.22 in 2024, then climbed by 18.55% to 0.26 in 2025, then slipped by 2.04% to 0.25 in 2026.
- The last three Debt Ratio figures came in at 0.25 (Q1 2026), 0.26 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 0.16 |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.20 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 0.14 |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 0.25 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 0.16 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 0.39 |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 0.10 |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.24 |
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.29 |