Steel Dynamics (STLD) Price to Earnings (2009 - 2026)
Steel Dynamics' Price to Earnings was 20.60 in Q2 2026, up 14.3% from 18.02 a year earlier and up 8.5% from the prior quarter.
Powered by 
Analysis
Steel Dynamics (STLD) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Steel Dynamics came in at 20.69, up 86.0% from FY2024.
- Price to Earnings has now increased for four consecutive years.
- In earlier years, Price to Earnings was 11.12 in FY2024 (+45.2%), 7.66 in FY2023 (+75.9%), 4.36 in FY2022 (+16.8%) and 3.73 in FY2021 (-72.6%).
- Quarterly Price to Earnings has moved between 2.73 (Q2 2022) and 20.69 (Q4 2025) over five years.
- Compared with a year earlier, Price to Earnings has increased for 15 straight quarters, with growth averaging 55.2% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was Q3 2023 (growth of 126.5%); the worst was Q4 2021 (a decline of 72.6%).
- Per Business Quant data, STLD's Price to Earnings in the three quarters before Q2 2026 was 18.98 (Q1 2026), 20.69 (Q4 2025) and 17.99 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 150.98 Bn | 129.76 Bn | 2.90 Bn |
| 3 | Rio Tinto | 134.46 Bn | 94.96 Bn | - |
| 4 | Newmont | 113.66 Bn | 78.81 Bn | 4.22 Bn |
| 5 | Freeport-Mcmoran | 92.50 Bn | 76.54 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 85.73 Bn | 75.36 Bn | 2.43 Bn |
| 7 | Barrick Mining | 64.12 Bn | 39.32 Bn | 2.90 Bn |
| 8 | Nucor | 59.54 Bn | 48.92 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 45.01 Bn | 24.03 Bn | - |
| 10 | Steel Dynamics | 35.06 Bn | 32.14 Bn | 958.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.60 |
| Mar 31, 2026 | 18.98 |
| Dec 31, 2025 | 20.69 |
| Sep 30, 2025 | 17.99 |
| Jun 30, 2025 | 18.02 |
| Mar 31, 2025 | 15.83 |
| Dec 31, 2024 | 11.12 |
| Sep 30, 2024 | 10.92 |
| Jun 30, 2024 | 9.95 |
| Mar 31, 2024 | 9.71 |
| Dec 31, 2023 | 7.66 |
| Sep 30, 2023 | 6.54 |
| Jun 30, 2023 | 6.01 |
| Mar 31, 2023 | 5.63 |
| Dec 31, 2022 | 4.36 |
| Sep 30, 2022 | 2.89 |
| Jun 30, 2022 | 2.73 |
| Mar 31, 2022 | 4.03 |
| Dec 31, 2021 | 3.73 |
| Sep 30, 2021 | 4.98 |
API Access
Steel Dynamics Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "STLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();