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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Steel Dynamics (STLD) Gross Margin (2016 - 2025)

Steel Dynamics' Gross Margin history spans 17 years, with the latest figure at 11.99% for Q4 2025.

  • For Q4 2025, Gross Margin rose 58.0% year-over-year to 11.99%; the TTM value through Dec 2025 reached 13.16%, down 282.0%, while the annual FY2025 figure was 13.16%, 282.0% down from the prior year.
  • Gross Margin for Q4 2025 was 11.99% at Steel Dynamics, down from 15.7% in the prior quarter.
  • Across five years, Gross Margin topped out at 33.02% in Q4 2021 and bottomed at 11.14% in Q1 2025.
  • The 5-year median for Gross Margin is 20.82% (2023), against an average of 21.17%.
  • The largest annual shift saw Gross Margin soared 1889bps in 2021 before it plummeted -1255bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 33.02% in 2021, then plummeted by -38bps to 20.46% in 2022, then dropped by -16bps to 17.26% in 2023, then plummeted by -34bps to 11.41% in 2024, then increased by 5bps to 11.99% in 2025.
  • Per Business Quant, the three most recent readings for STLD's Gross Margin are 11.99% (Q4 2025), 15.7% (Q3 2025), and 13.55% (Q2 2025).