Steel Dynamics Inc (STLD) EBT Margin (2009 - 2026)
Steel Dynamics (STLD) recorded EBT Margin of 11.22% in Q2 2026, up 2.72 percentage points from 8.50% a year earlier and up 1.36 percentage points from the prior quarter.
Steel Dynamics Inc (STLD) EBT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Steel Dynamics' EBT Margin came in at 9.84% as of Jun 30, 2026, up 2.14 percentage points year-over-year; for FY2025, it came in at 8.21%, down 3.09 percentage points from FY2024.
- Annual EBT Margin has declined for four straight years, though with a five-year change of +0.87 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 11.30% in FY2024 (-5.82 pp), 17.13% in FY2023 (-5.43 pp), 22.56% in FY2022 (-0.31 pp) and 22.86% in FY2021 (+15.52 pp).
- The Q2 2026 figure is the highest quarterly EBT Margin since Q2 2024.
- On a year-over-year basis, EBT Margin has increased for four consecutive quarters, with an average year-over-year change of -2.38 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 19.88 percentage points in Q3 2021, against a drop of 10.81 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.86% (Q1 2026), 7.04% (Q4 2025) and 10.64% (Q3 2025).
Peer Comparison
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 | 6.30% |
| 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% |
Steel Dynamics Inc EBT 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=ebt-margin&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();