Steel Dynamics (STLD) FCF Margin (2009 - 2026)
Steel Dynamics' (STLD) quarterly FCF Margin came in at 4.99% in Q2 2026, up 470.0% year-over-year from 0.88% in Q2 2025, and up 2413.59% quarter-over-quarter from 0.2% in Q1 2026.
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Steel Dynamics (STLD) FCF Margin (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed FCF Margin across 18 years of filings, most recently posting 4.99% for Q2 2026.
- In Q2 2026, FCF Margin rose 470.0% year-over-year to 4.99%; the TTM figure through Jun 2026 stood at 4.65% (up 528.0% YoY), while the FY2025 annual figure was 2.76%, up 289.0% from the prior year.
- FCF Margin came in at 4.99% for Q2 2026 at Steel Dynamics, up from 0.2% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 22.2% in Q3 2022 to a low of 3.5% in Q1 2025.
- Average FCF Margin over 5 years is 6.57%, with a median of 6.63% recorded in 2026.
- Year-over-year, FCF Margin jumped 1403 bps in 2022 and tumbled 1101 bps in 2024.
- Over 5 years, FCF Margin stood at 16.56% in 2022, then sank by 50 bps to 8.26% in 2023, then slumped by 133 bps to 2.75% in 2024, then jumped by 169 bps to 1.91% in 2025, then surged by 162 bps to 4.99% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 4.99% in Q2 2026, 0.2% in Q1 2026, and 1.91% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.24 Bn | 102.35 Bn | 941.02 Mn | 15.83% |
| 2 | Nucor | 58.03 Bn | 55.33 Bn | 2.03 Bn | 7.97% |
| 3 | Steel Dynamics | 34.16 Bn | 33.57 Bn | 958.97 Mn | 4.99% |
| 4 | Gerdau | 10.06 Bn | 8.99 Bn | 558.98 Mn | 14.54% |
| 5 | Commercial Metals | 7.42 Bn | 6.86 Bn | 455.14 Mn | 3.08% |
| 6 | Cleveland-Cliffs | 6.73 Bn | 6.66 Bn | 132.00 Mn | 4.32% |
| 7 | Posco Holdings | 4.66 Bn | -5.01 Bn | 1.11 Bn | 10.97% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.76 Bn | -1.07 Bn | 579.08 Mn | -3.15% |
| 10 | SunCoke Energy | 864.71 Mn | 822.01 Mn | 100.40 Mn | -9.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.99% |
| Mar 31, 2026 | 0.20% |
| Dec 31, 2025 | 1.91% |
| Sep 30, 2025 | 11.53% |
| Jun 30, 2025 | 0.29% |
| Mar 31, 2025 | -3.50% |
| Dec 31, 2024 | -2.75% |
| Sep 30, 2024 | 3.19% |
| Jun 30, 2024 | -0.79% |
| Mar 31, 2024 | -0.41% |
| Dec 31, 2023 | 8.26% |
| Sep 30, 2023 | 12.11% |
| Jun 30, 2023 | 8.85% |
| Mar 31, 2023 | 10.37% |
| Dec 31, 2022 | 16.56% |
| Sep 30, 2022 | 22.20% |
| Jun 30, 2022 | 13.48% |
| Mar 31, 2022 | 11.84% |
| Dec 31, 2021 | 9.78% |
| Sep 30, 2021 | 8.18% |