Steel Dynamics (STLD) EBT Margin (2009 - 2026)
Steel Dynamics' (STLD) quarterly EBT Margin came in at 9.86% in Q1 2026, up 344.0% year-on-year from 2.22% in Q1 2025, and up 136.92% quarter-over-quarter from 26.71% in Q4 2025.
Steel Dynamics (STLD) EBT Margin (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed EBT Margin across 18 years of filings, most recently posting 9.86% for Q1 2026.
- EBT Margin for Q1 2026 came in at 9.86%, up 344.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.24% (down 752.0% YoY), and the FY2025 annual result was 0.02%, down 1134.0% from the prior year.
- EBT Margin came in at 9.86% for Q1 2026 at Steel Dynamics, up from 26.71% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 26.17% in Q1 2022 to a low of 87.82% in Q4 2022.
- The 5-year median for EBT Margin is 12.2% (2024), against an average of 6.23%.
- Across the five-year window, EBT Margin tumbled 3590 bps in 2022 and soared 10013 bps in 2023, its largest moves.
- Steel Dynamics' EBT Margin stood at 87.82% in 2022, then surged by 114 bps to 12.31% in 2023, then plunged by 47 bps to 6.56% in 2024, then tumbled by 507 bps to 26.71% in 2025, then surged by 137 bps to 9.86% in 2026.
- The last three EBT Margin figures came in at 9.86% (Q1 2026), 26.71% (Q4 2025), and 10.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 7.10% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 11.54% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 4.87% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 9.86% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 8.68% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -6.24% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | 53.69% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | -10.87% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 1.86% |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 9.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.86% |
| Dec 31, 2025 | -26.71% |
| Sep 30, 2025 | 10.64% |
| Jun 30, 2025 | 8.50% |
| Mar 31, 2025 | 6.42% |
| Dec 31, 2024 | 6.56% |
| Sep 30, 2024 | 9.40% |
| Jun 30, 2024 | 12.20% |
| Mar 31, 2024 | 16.31% |
| Dec 31, 2023 | 12.31% |
| Sep 30, 2023 | 16.45% |
| Jun 30, 2023 | 21.14% |
| Mar 31, 2023 | 17.33% |
| Dec 31, 2022 | -87.82% |
| Sep 30, 2022 | 21.38% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 26.17% |
| Dec 31, 2021 | -51.91% |
| Sep 30, 2021 | 25.63% |
| Jun 30, 2021 | 20.90% |