Steel Dynamics (STLD) Net Margin (2009 - 2026)
Steel Dynamics (STLD) posted Net Margin of 8.71% for Q2 2026, up 13.35% sequentially from 7.69% in Q1 2026, and up 212.0% YoY from 2.79% in Q2 2025.
Steel Dynamics (STLD) Net Margin (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Net Margin for 18 years, with the latest figure at 8.71% in Q2 2026.
- Quarterly Net Margin rose 212.0% year-over-year to 8.71% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 7.75% (up 182.0% YoY) and the FY2025 annual result came in at 6.49%, down 216.0% from the prior year.
- Net Margin advanced to 8.71% in Q2 2026 per STLD's latest filing, from 7.69% in the prior quarter.
- Over five years, Net Margin peaked at 19.88% in Q1 2022 and troughed at 4.58% in Q4 2024.
- A 5-year average of 10.94% and a median of 9.7% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 750 bps in 2022, then plunged 753 bps in 2025.
- Over 5 years, Net Margin stood at 13.24% in 2022, then declined by 24 bps to 10.09% in 2023, then sank by 55 bps to 4.58% in 2024, then rose by 27 bps to 5.81% in 2025, then soared by 50 bps to 8.71% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.71%, 7.69%, and 5.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 106.22 Bn | 96.33 Bn | 941.02 Mn | 7.92% |
| 2 | Nucor | 55.03 Bn | 52.34 Bn | 2.03 Bn | 12.31% |
| 3 | ArcelorMittal | 54.04 Bn | 49.19 Bn | - | 4.07% |
| 4 | Steel Dynamics | 31.61 Bn | 31.03 Bn | 958.97 Mn | 8.71% |
| 5 | Reliance | 19.53 Bn | 19.29 Bn | 1.30 Bn | 6.97% |
| 6 | Cleveland-Cliffs | 6.15 Bn | 6.08 Bn | 132.00 Mn | -2.77% |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn | 8.14% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.56 Bn | 3.00 Bn | - | - |
| 9 | Posco Holdings | 4.34 Bn | 1.84 Bn | 1.04 Bn | 15.70% |
| 10 | Worthington Steel | 1.70 Bn | 1.61 Bn | 118.80 Mn | -5.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.71% |
| Mar 31, 2026 | 7.69% |
| Dec 31, 2025 | 5.81% |
| 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 | 10.09% |
| Sep 30, 2023 | 12.64% |
| Jun 30, 2023 | 16.06% |
| Mar 31, 2023 | 13.17% |
| Dec 31, 2022 | 13.24% |
| Sep 30, 2022 | 16.25% |
| Jun 30, 2022 | 19.55% |
| Mar 31, 2022 | 19.88% |
| Dec 31, 2021 | 20.63% |
| Sep 30, 2021 | 19.66% |