Steel Dynamics STLD
NASDAQ STLD
$237.25 -3.44 (-1.43%)
As of: Sep 10, 2026 · 10:18 AM EDT

Steel Dynamics (STLD) Gross Margin (2009 - 2026)

Steel Dynamics' (STLD) quarterly Gross Margin came in at 15.74% in Q2 2026, up 220.0% year-over-year from 4.92% in Q2 2025, and up 7.36% quarter-over-quarter from 14.66% in Q1 2026.

Analysis

Steel Dynamics (STLD) Gross Margin (2009 - 2026) Analysis & Trends

Steel Dynamics has disclosed Gross Margin across 18 years of filings, most recently posting 15.74% for Q2 2026.

  • In Q2 2026, Gross Margin rose 220.0% year-over-year to 15.74%; the TTM figure through Jun 2026 stood at 14.65% (up 210.0% YoY), while the FY2025 annual figure was 13.16%, down 282.0% from the prior year.
  • Gross Margin came in at 15.74% for Q2 2026 at Steel Dynamics, up from 14.66% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 32.0% in Q1 2022 to a low of 11.14% in Q1 2025.
  • Average Gross Margin over 5 years is 18.88%, with a median of 17.0% recorded in 2023.
  • The largest YoY upside for Gross Margin was 943 bps in 2022 against a maximum downside of 1271 bps in 2022.
  • Over 5 years, Gross Margin stood at 20.46% in 2022, then slipped by 16 bps to 17.26% in 2023, then tumbled by 34 bps to 11.41% in 2024, then gained by 5 bps to 11.99% in 2025, then surged by 31 bps to 15.74% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 15.74% in Q2 2026, 14.66% in Q1 2026, and 11.99% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Ternium 111.97 Bn 102.08 Bn 941.02 Mn 21.68%
2 Nucor 58.11 Bn 55.42 Bn 2.03 Bn 19.56%
3 Steel Dynamics 34.10 Bn 33.51 Bn 958.97 Mn 15.74%
4 Gerdau 9.95 Bn 8.88 Bn 558.98 Mn 15.83%
5 Commercial Metals 7.46 Bn 6.90 Bn 455.14 Mn 18.33%
6 Cleveland-Cliffs 6.72 Bn 6.65 Bn 132.00 Mn 2.53%
7 Posco Holdings 4.63 Bn -5.04 Bn 1.11 Bn 8.62%
8 GRUPO SIMEC, S.A.B. de C.V 4.41 Bn 2.86 Bn - -
9 National Steel 1.67 Bn -1.16 Bn 579.08 Mn 11.75%
10 SunCoke Energy 865.14 Mn 822.44 Mn 100.40 Mn 21.12%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.74%
Mar 31, 2026 14.66%
Dec 31, 2025 11.99%
Sep 30, 2025 15.70%
Jun 30, 2025 13.55%
Mar 31, 2025 11.14%
Dec 31, 2024 11.41%
Sep 30, 2024 13.94%
Jun 30, 2024 16.73%
Mar 31, 2024 20.89%
Dec 31, 2023 17.26%
Sep 30, 2023 20.75%
Jun 30, 2023 25.72%
Mar 31, 2023 21.58%
Dec 31, 2022 20.46%
Sep 30, 2022 25.91%
Jun 30, 2022 30.31%
Mar 31, 2022 32.00%
Dec 31, 2021 33.18%
Sep 30, 2021 31.46%