Steel Dynamics (STLD) Enterprise Value (2009 - 2026)
Steel Dynamics' Enterprise Value was $32.17 billion in Q2 2026, up 76.2% from $18.26 billion a year earlier and up 27.9% from the prior quarter.
Steel Dynamics (STLD) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Steel Dynamics' Enterprise Value was $29.83 billion through Jun 30, 2026, up 103.6% year-over-year; for FY2025, it was $23.51 billion, up 41.0% from FY2024.
- Enterprise Value has now increased for six consecutive years, with a five-year compound annual growth rate of 29.1% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $16.67 billion in FY2024 (+0.6%), $16.58 billion in FY2023 (+14.9%), $14.42 billion in FY2022 (+30.3%) and $11.07 billion in FY2021 (+68.6%).
- The Q2 2026 figure marks the highest quarterly Enterprise Value in data going back to Q2 2009.
- Compared with a year earlier, Enterprise Value has increased for four straight quarters, with growth averaging 20.9% over the last eight quarters.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2021 (growth of 134.4%); the worst was Q1 2025 (a decline of 18.0%).
- Per Business Quant data, STLD's Enterprise Value in the three quarters before Q2 2026 was $25.14 billion (Q1 2026), $23.51 billion (Q4 2025) and $19.44 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 168.32 Bn | 147.11 Bn | 2.90 Bn |
| 3 | Rio Tinto | 142.75 Bn | 103.25 Bn | - |
| 4 | Newmont | 124.97 Bn | 92.97 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 98.89 Bn | 82.93 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 94.20 Bn | 83.84 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.24 Bn | 44.43 Bn | 2.90 Bn |
| 8 | Nucor | 59.36 Bn | 48.74 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.16 Bn | 27.18 Bn | - |
| 10 | Steel Dynamics | 34.86 Bn | 31.94 Bn | 958.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.17 Bn |
| Mar 31, 2026 | 25.14 Bn |
| Dec 31, 2025 | 23.51 Bn |
| Sep 30, 2025 | 19.44 Bn |
| Jun 30, 2025 | 18.26 Bn |
| Mar 31, 2025 | 17.65 Bn |
| Dec 31, 2024 | 16.67 Bn |
| Sep 30, 2024 | 17.46 Bn |
| Jun 30, 2024 | 18.72 Bn |
| Mar 31, 2024 | 21.51 Bn |
| Dec 31, 2023 | 16.58 Bn |
| Sep 30, 2023 | 15.06 Bn |
| Jun 30, 2023 | 15.82 Bn |
| Mar 31, 2023 | 16.70 Bn |
| Dec 31, 2022 | 14.42 Bn |
| Sep 30, 2022 | 10.32 Bn |
| Jun 30, 2022 | 10.51 Bn |
| Mar 31, 2022 | 14.83 Bn |
| Dec 31, 2021 | 11.07 Bn |
| Sep 30, 2021 | 10.77 Bn |
Steel Dynamics Enterprise Value 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=enterprise-value&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();