Steel Dynamics (STLD) EBIT Margin (2009 - 2026)
Steel Dynamics' EBIT Margin came in at 11.50% for Q2 2026, up 3.11 percentage points from 8.39% a year earlier and up 1.16 percentage points from the prior quarter.
Steel Dynamics (STLD) EBIT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Steel Dynamics reported EBIT Margin of 10.01%, up 2.48 percentage points year-over-year; for FY2025, it came in at 8.12%, down 2.96 percentage points from FY2024.
- EBIT Margin has declined in each of the last four years, with a five-year change of -0.70 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 11.08% in FY2024 (-5.69 pp), 16.77% in FY2023 (-6.11 pp), 22.87% in FY2022 (-0.49 pp) and 23.36% in FY2021 (+14.54 pp).
- The Q2 2026 figure represents the highest quarterly EBIT Margin since Q2 2024.
- Year-over-year, EBIT Margin has increased for four consecutive quarters, with an average year-over-year change of -2.12 percentage points over the last eight quarters.
- The fastest year-over-year change in EBIT Margin over five years came in Q3 2021 (a gain of 19.30 percentage points), and the weakest in Q4 2022 (a drop of 11.18 percentage points).
- Business Quant data shows STLD's EBIT Margin at 10.34% (Q1 2026), 7.03% (Q4 2025) and 10.52% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 61.16% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 16.48% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 12.17% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 6.29% |
| 10 | Steel Dynamics | 31.83 Bn | 28.70 Bn | 958.97 Mn | 11.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.50% |
| 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 | 12.25% |
| 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 | 26.91% |
| Sep 30, 2021 | 25.98% |
Steel Dynamics EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();