Steel Dynamics (STLD) Debt to Equity (2009 - 2026)
Steel Dynamics' (STLD) quarterly Debt to Equity came in at $0.46 in Q1 2026, down 5.37% year-on-year from $0.48 in Q1 2025, and down 2.51% quarter-over-quarter from $0.47 in Q4 2025.
Steel Dynamics (STLD) Debt to Equity (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Debt to Equity across 18 years of filings, most recently posting $0.46 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.46, down 5.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.46 (down 5.37% YoY), and the FY2025 annual result was $0.47, up 27.67% from the prior year.
- Debt to Equity came in at $0.46 for Q1 2026 at Steel Dynamics, down from $0.47 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.48 in Q1 2025 to a low of $0.34 in Q2 2024.
- The 5-year median for Debt to Equity is $0.39 (2022), against an average of $0.4.
- Across the five-year window, Debt to Equity plunged 35.54% in 2022 and surged 41.53% in 2025, its largest moves.
- Steel Dynamics' Debt to Equity stood at $0.39 in 2022, then retreated by 8.68% to $0.35 in 2023, then gained by 3.94% to $0.37 in 2024, then rose by 27.67% to $0.47 in 2025, then decreased by 2.51% to $0.46 in 2026.
- The last three Debt to Equity figures came in at $0.46 (Q1 2026), $0.47 (Q4 2025), and $0.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 0.33 |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 0.46 |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 0.24 |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 1.33 |
| 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 | 0.20 |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.46 |
| Dec 31, 2021 | 0.51 |
| Sep 30, 2021 | 0.57 |
| Jun 30, 2021 | 0.64 |