Steel Dynamics (STLD) EV to EBIT (2009 - 2026)
Steel Dynamics' EV to EBIT was 15.64 in Q2 2026, up 10.6% from 14.14 a year earlier and up 8.2% from the prior quarter.
Steel Dynamics (STLD) EV to EBIT (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Steel Dynamics' EV to EBIT was 14.51 through Jun 30, 2026, up 27.8% year-over-year; for FY2025, it was 15.93, up 85.6% from FY2024.
- EV to EBIT has now increased for four consecutive years.
- In earlier years, EV to EBIT was 8.58 in FY2024 (+63.1%), 5.26 in FY2023 (+85.7%), 2.83 in FY2022 (+10.0%) and 2.57 in FY2021 (-66.8%).
- Quarterly EV to EBIT has moved between 1.79 (Q3 2022) and 15.93 (Q4 2025) over five years.
- Compared with a year earlier, EV to EBIT has increased for 15 straight quarters, with growth averaging 62.2% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q3 2023 (growth of 148.0%); the worst was Q2 2022 (a decline of 68.8%).
- Per Business Quant data, STLD's EV to EBIT in the three quarters before Q2 2026 was 14.46 (Q1 2026), 15.93 (Q4 2025) and 13.86 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - |
| 10 | Steel Dynamics | 35.20 Bn | 32.28 Bn | 958.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.64 |
| Mar 31, 2026 | 14.46 |
| Dec 31, 2025 | 15.93 |
| Sep 30, 2025 | 13.86 |
| Jun 30, 2025 | 14.14 |
| Mar 31, 2025 | 12.03 |
| Dec 31, 2024 | 8.58 |
| Sep 30, 2024 | 7.85 |
| Jun 30, 2024 | 7.31 |
| Mar 31, 2024 | 7.02 |
| Dec 31, 2023 | 5.26 |
| Sep 30, 2023 | 4.44 |
| Jun 30, 2023 | 4.08 |
| Mar 31, 2023 | 3.77 |
| Dec 31, 2022 | 2.83 |
| Sep 30, 2022 | 1.79 |
| Jun 30, 2022 | 1.79 |
| Mar 31, 2022 | 2.85 |
| Dec 31, 2021 | 2.57 |
| Sep 30, 2021 | 3.44 |
Steel Dynamics EV to EBIT 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=ev-to-ebit&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();