Steel Dynamics STLD
NASDAQ STLD
$240.69 +0.38 (+0.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

Steel Dynamics (STLD) Interest Coverage Ratio (2009 - 2026)

Steel Dynamics' (STLD) quarterly Interest Coverage Ratio came in at 17.91 in Q2 2026, down 18.71% year-over-year from 22.03 in Q2 2025, and up 10.63% quarter-over-quarter from 16.18 in Q1 2026.

Analysis

Steel Dynamics (STLD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Steel Dynamics has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 17.91 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio fell 18.71% year-over-year to 17.91; the TTM figure through Jun 2026 stood at 18.22 (down 13.7% YoY), while the FY2025 annual figure was 21.07, down 38.89% from the prior year.
  • Interest Coverage Ratio came in at 17.91 for Q2 2026 at Steel Dynamics, up from 16.18 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 89.68 in Q1 2022 to a low of 11.51 in Q4 2025.
  • Average Interest Coverage Ratio over 5 years is 37.21, with a median of 36.08 recorded in 2023.
  • The largest YoY upside for Interest Coverage Ratio was 160.63% in 2022 against a maximum downside of 72.53% in 2022.
  • Over 5 years, Interest Coverage Ratio stood at 31.82 in 2022, then rose by 10.15% to 35.05 in 2023, then slumped by 53.52% to 16.29 in 2024, then retreated by 29.36% to 11.51 in 2025, then surged by 55.6% to 17.91 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 17.91 in Q2 2026, 16.18 in Q1 2026, and 11.51 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Ternium 114.02 Bn 104.12 Bn 941.02 Mn 10.48
2 Nucor 58.75 Bn 56.06 Bn 2.03 Bn 45.25
3 Steel Dynamics 34.64 Bn 34.06 Bn 958.97 Mn 17.91
4 Gerdau 10.07 Bn 9.00 Bn 558.98 Mn 6.97
5 Commercial Metals 7.63 Bn 7.07 Bn 455.14 Mn -45.75
6 Cleveland-Cliffs 6.92 Bn 6.85 Bn 132.00 Mn -
7 Posco Holdings 4.73 Bn -4.95 Bn 1.11 Bn 0.79
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 0.27
10 SunCoke Energy 874.57 Mn 831.87 Mn 100.40 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.91
Mar 31, 2026 16.18
Dec 31, 2025 11.51
Sep 30, 2025 37.41
Jun 30, 2025 22.03
Mar 31, 2025 22.68
Dec 31, 2024 16.29
Sep 30, 2024 23.16
Jun 30, 2024 43.96
Mar 31, 2024 62.70
Dec 31, 2023 35.05
Sep 30, 2023 39.83
Jun 30, 2023 51.22
Mar 31, 2023 37.12
Dec 31, 2022 31.82
Sep 30, 2022 48.13
Jun 30, 2022 63.04
Mar 31, 2022 89.68
Dec 31, 2021 115.83
Sep 30, 2021 104.07