Steel Dynamics (STLD) EBIT Margin (2009 - 2026)
Steel Dynamics' (STLD) quarterly EBIT Margin came in at 10.34% in Q1 2026, up 404.0% year-on-year from 2.05% in Q1 2025, and up 47.07% quarter-over-quarter from 7.03% in Q4 2025.
Steel Dynamics (STLD) EBIT Margin (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed EBIT Margin across 18 years of filings, most recently posting 10.34% for Q1 2026.
- EBIT Margin for Q1 2026 came in at 10.34%, up 404.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.15% (up 62.0% YoY), and the FY2025 annual result was 8.12%, down 296.0% from the prior year.
- EBIT Margin came in at 10.34% for Q1 2026 at Steel Dynamics, up from 7.03% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 26.84% in Q1 2022 to a low of 46.22% in Q4 2023.
- The 5-year median for EBIT Margin is 12.07% (2024), against an average of 10.81%.
- Across the five-year window, EBIT Margin tumbled 6195 bps in 2023 and jumped 5235 bps in 2024, its largest moves.
- Steel Dynamics' EBIT Margin stood at 15.73% in 2022, then tumbled by 394 bps to 46.22% in 2023, then soared by 113 bps to 6.13% in 2024, then increased by 15 bps to 7.03% in 2025, then jumped by 47 bps to 10.34% in 2026.
- The last three EBIT Margin figures came in at 10.34% (Q1 2026), 7.03% (Q4 2025), and 10.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 7.37% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 11.83% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 4.87% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 10.34% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 9.14% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -4.33% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -51.70% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 44.81% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 0.40% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 9.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.34% |
| Dec 31, 2025 | 7.03% |
| Sep 30, 2025 | 10.52% |
| Jun 30, 2025 | 8.39% |
| Mar 31, 2025 | 6.30% |
| Dec 31, 2024 | 6.13% |
| Sep 30, 2024 | 9.11% |
| Jun 30, 2024 | 12.07% |
| Mar 31, 2024 | 16.00% |
| Dec 31, 2023 | -46.22% |
| Sep 30, 2023 | 15.99% |
| Jun 30, 2023 | 20.93% |
| Mar 31, 2023 | 17.07% |
| Dec 31, 2022 | 15.73% |
| Sep 30, 2022 | 21.58% |
| Jun 30, 2022 | 26.04% |
| Mar 31, 2022 | 26.84% |
| Dec 31, 2021 | 26.78% |
| Sep 30, 2021 | 26.02% |
| Jun 30, 2021 | 21.46% |