Steel Dynamics (STLD) EBT Margin (2009 - 2026)
Steel Dynamics' (STLD) quarterly EBT Margin came in at 11.22% in Q2 2026, up 272.0% year-over-year from 3.02% in Q2 2025, and up 13.79% quarter-over-quarter from 9.86% in Q1 2026.
Analysis
Steel Dynamics (STLD) EBT Margin (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed EBT Margin across 18 years of filings, most recently posting 11.22% for Q2 2026.
- In Q2 2026, EBT Margin rose 272.0% year-over-year to 11.22%; the TTM figure through Jun 2026 stood at 9.84% (up 208.0% YoY), while the FY2025 annual figure was 8.21%, down 315.0% from the prior year.
- EBT Margin came in at 11.22% for Q2 2026 at Steel Dynamics, up from 9.86% 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 6.42% in Q1 2025.
- Average EBT Margin over 5 years is 14.16%, with a median of 12.5% recorded in 2023.
- The largest YoY upside for EBT Margin was 1018 bps in 2022 against a maximum downside of 1081 bps in 2022.
- Over 5 years, EBT Margin stood at 15.71% in 2022, then dropped by 18 bps to 12.81% in 2023, then slumped by 49 bps to 6.56% in 2024, then grew by 7 bps to 7.04% in 2025, then jumped by 59 bps to 11.22% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 11.22% in Q2 2026, 9.86% in Q1 2026, and 7.04% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 116.34 Bn | 110.88 Bn | 941.02 Mn | 11.23% |
| 2 | Nucor | 59.22 Bn | 57.68 Bn | 2.03 Bn | 15.63% |
| 3 | Steel Dynamics | 34.76 Bn | 33.98 Bn | 958.97 Mn | 11.22% |
| 4 | Gerdau | 9.98 Bn | 8.94 Bn | 558.98 Mn | 11.33% |
| 5 | Commercial Metals | 7.78 Bn | 7.22 Bn | 455.14 Mn | 7.60% |
| 6 | Cleveland-Cliffs | 7.13 Bn | 7.27 Bn | 132.00 Mn | -2.91% |
| 7 | Posco Holdings | 4.74 Bn | -4.93 Bn | 1.11 Bn | 4.73% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.62 Bn | -1.21 Bn | 579.08 Mn | -4.59% |
| 10 | SunCoke Energy | 876.76 Mn | 861.96 Mn | 100.40 Mn | 4.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.22% |
| Mar 31, 2026 | 9.86% |
| Dec 31, 2025 | 7.04% |
| 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 | 12.81% |
| Sep 30, 2023 | 16.45% |
| Jun 30, 2023 | 21.14% |
| Mar 31, 2023 | 17.33% |
| Dec 31, 2022 | 15.71% |
| Sep 30, 2022 | 21.38% |
| Jun 30, 2022 | 25.70% |
| Mar 31, 2022 | 26.17% |
| Dec 31, 2021 | 26.53% |
| Sep 30, 2021 | 25.60% |