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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Steel Dynamics (STLD) Debt to Equity (2016 - 2025)

Steel Dynamics' Debt to Equity history spans 17 years, with the latest figure at $0.47 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 30.0% year-over-year to $0.47; the TTM value through Dec 2025 reached $0.47, up 30.0%, while the annual FY2025 figure was $0.47, 30.0% up from the prior year.
  • Debt to Equity for Q4 2025 was $0.47 at Steel Dynamics, up from $0.43 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.68 in Q1 2021 and bottomed at $0.34 in Q2 2024.
  • The 5-year median for Debt to Equity is $0.41 (2022), against an average of $0.44.
  • The largest annual shift saw Debt to Equity plummeted 35.54% in 2022 before it soared 41.53% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.51 in 2021, then dropped by 23.69% to $0.39 in 2022, then decreased by 8.68% to $0.35 in 2023, then rose by 2.08% to $0.36 in 2024, then surged by 30.0% to $0.47 in 2025.
  • Per Business Quant, the three most recent readings for STLD's Debt to Equity are $0.47 (Q4 2025), $0.43 (Q3 2025), and $0.43 (Q2 2025).