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
DateValue
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