Steel Dynamics (STLD) Debt Ratio (2009 - 2026)
Steel Dynamics' (STLD) Debt Ratio stood at 0.24 in Q2 2026, up 0.5% from 0.24 a year earlier but down 2.7% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Steel Dynamics' Debt Ratio came in at 0.26, up 18.6% from FY2024.
- Across earlier years, Debt Ratio came in at 0.22 in FY2024 (+5.0%), 0.21 in FY2023 (-5.0%), 0.22 in FY2022 (-12.5%) and 0.25 in FY2021 (-26.0%).
- Quarterly Debt Ratio has ranged from 0.20 in Q2 2024 to 0.27 in Q3 2021 over the past five years.
- On a year-over-year basis, Debt Ratio rose in seven of the last eight quarters, with growth averaging 10.6%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 30.3% in Q1 2025, against a decline of 26.0% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.25 (Q1 2026), 0.26 (Q4 2025) and 0.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 0.16 |
| 2 | Southern Copper | 166.34 Bn | 145.12 Bn | 2.90 Bn | 0.33 |
| 3 | Rio Tinto | 142.70 Bn | 103.20 Bn | - | - |
| 4 | Newmont | 124.72 Bn | 92.73 Bn | 4.03 Bn | 0.09 |
| 5 | Freeport-Mcmoran | 98.15 Bn | 82.19 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 0.09 |
| 8 | Nucor | 58.96 Bn | 48.35 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 47.66 Bn | 26.68 Bn | - | 0.16 |
| 10 | Steel Dynamics | 34.77 Bn | 31.85 Bn | 958.97 Mn | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| 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 |
API Access
Steel Dynamics Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();