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

Steel Dynamics' (STLD) quarterly Net Margin came in at 7.69% in Q1 2026, up 271.0% year-on-year from 2.07% in Q1 2025, and up 130.04% quarter-over-quarter from 25.59% in Q4 2025.

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

Steel Dynamics has disclosed Net Margin across 18 years of filings, most recently posting 7.69% for Q1 2026.

  • Net Margin for Q1 2026 came in at 7.69%, up 271.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.13% (down 679.0% YoY), and the FY2025 annual result was 1.14%, down 979.0% from the prior year.
  • Net Margin came in at 7.69% for Q1 2026 at Steel Dynamics, up from 25.59% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 19.88% in Q1 2022 to a low of 89.58% in Q4 2022.
  • The 5-year median for Net Margin is 9.32% (2024), against an average of 3.22%.
  • Across the five-year window, Net Margin plunged 3180 bps in 2022 and jumped 10049 bps in 2023, its largest moves.
  • Steel Dynamics' Net Margin stood at 89.58% in 2022, then soared by 112 bps to 10.91% in 2023, then plunged by 58 bps to 4.58% in 2024, then slumped by 659 bps to 25.59% in 2025, then soared by 130 bps to 7.69% in 2026.
  • The last three Net Margin figures came in at 7.69% (Q1 2026), 25.59% (Q4 2025), and 8.37% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn 5.41%
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 9.16%
3 ArcelorMittal 51.15 Bn 48.81 Bn - 3.72%
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 7.69%
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 6.58%
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn -4.82%
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 53.69%
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -10.87%
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 1.40%
10 NWPX Infrastructure 1.13 Bn 1.11 Bn 26.67 Mn 7.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.69%
Dec 31, 2025 -25.59%
Sep 30, 2025 8.37%
Jun 30, 2025 6.60%
Mar 31, 2025 4.98%
Dec 31, 2024 4.58%
Sep 30, 2024 7.39%
Jun 30, 2024 9.32%
Mar 31, 2024 12.52%
Dec 31, 2023 10.91%
Sep 30, 2023 12.64%
Jun 30, 2023 16.06%
Mar 31, 2023 13.17%
Dec 31, 2022 -89.58%
Sep 30, 2022 16.25%
Jun 30, 2022 19.55%
Mar 31, 2022 19.88%
Dec 31, 2021 -57.78%
Sep 30, 2021 19.68%
Jun 30, 2021 15.99%