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
DateValue
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%