Steel Dynamics (STLD) Dividend Coverage Ratio (2009 - 2026)
Steel Dynamics' (STLD) quarterly Dividend Coverage Ratio came in at 6.93 in Q2 2026, up 71.94% year-over-year from 4.03 in Q2 2025, and up 25.58% quarter-over-quarter from 5.52 in Q1 2026.
Analysis
Steel Dynamics (STLD) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Dividend Coverage Ratio across 18 years of filings, most recently posting 6.93 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 71.94% year-over-year to 6.93; the TTM figure through Jun 2026 stood at 5.38 (up 51.29% YoY), while the FY2025 annual figure was 4.05, down 24.56% from the prior year.
- Dividend Coverage Ratio came in at 6.93 for Q2 2026 at Steel Dynamics, up from 5.52 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 21.84 in Q1 2022 to a low of 2.52 in Q4 2024.
- Average Dividend Coverage Ratio over 5 years is 8.5, with a median of 6.54 recorded in 2023.
- Year-over-year, Dividend Coverage Ratio soared 162.49% in 2022 and tumbled 63.75% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 10.64 in 2022, then tumbled by 42.23% to 6.15 in 2023, then tumbled by 59.04% to 2.52 in 2024, then surged by 39.47% to 3.51 in 2025, then jumped by 97.48% to 6.93 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 6.93 in Q2 2026, 5.52 in Q1 2026, and 3.51 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 114.02 Bn | 104.12 Bn | 941.02 Mn | 1.35 |
| 2 | Nucor | 58.75 Bn | 56.06 Bn | 2.03 Bn | 20.65 |
| 3 | Steel Dynamics | 34.64 Bn | 34.06 Bn | 958.97 Mn | 6.93 |
| 4 | Gerdau | 10.07 Bn | 9.00 Bn | 558.98 Mn | - |
| 5 | Commercial Metals | 7.63 Bn | 7.07 Bn | 455.14 Mn | 7.81 |
| 6 | Cleveland-Cliffs | 6.92 Bn | 6.85 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.73 Bn | -4.95 Bn | 1.11 Bn | 1.88 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | - |
| 10 | SunCoke Energy | 874.57 Mn | 831.87 Mn | 100.40 Mn | 1.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.93 |
| Mar 31, 2026 | 5.52 |
| Dec 31, 2025 | 3.51 |
| Sep 30, 2025 | 5.47 |
| Jun 30, 2025 | 4.03 |
| Mar 31, 2025 | 3.13 |
| Dec 31, 2024 | 2.52 |
| Sep 30, 2024 | 4.48 |
| Jun 30, 2024 | 5.94 |
| Mar 31, 2024 | 8.64 |
| Dec 31, 2023 | 6.15 |
| Sep 30, 2023 | 8.20 |
| Jun 30, 2023 | 11.29 |
| Mar 31, 2023 | 10.96 |
| Dec 31, 2022 | 10.64 |
| Sep 30, 2022 | 14.79 |
| Jun 30, 2022 | 18.88 |
| Mar 31, 2022 | 21.84 |
| Dec 31, 2021 | 21.08 |
| Sep 30, 2021 | 18.74 |