Steel Dynamics (STLD) Return on Assets [ROA] (2009 - 2026)
Steel Dynamics' Return on Assets [ROA] came in at 9.45% for Q2 2026, up 2.79 percentage points from 6.67% a year earlier and up 1.19 percentage points from the prior quarter.
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Analysis
Steel Dynamics (STLD) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Steel Dynamics' Return on Assets [ROA] was 7.57%, down 2.81 percentage points from FY2024.
- Return on Assets [ROA] has declined in each of the last four years, though with a five-year change of +1.06 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 10.39% in FY2024 (-6.59 pp), 16.98% in FY2023 (-12.09 pp), 29.07% in FY2022 (-0.72 pp) and 29.79% in FY2021 (+23.28 pp).
- The Q2 2026 figure represents the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year-over-year, Return on Assets [ROA] increased in two of the last eight quarters, with an average year-over-year change of -4.01 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q1 2022 (a gain of 22.16 percentage points), and the weakest in Q3 2023 (a drop of 13.06 percentage points).
- Business Quant data shows STLD's Return on Assets [ROA] at 8.27% (Q1 2026), 7.33% (Q4 2025) and 7.19% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | Steel Dynamics | 31.83 Bn | 28.70 Bn | 958.97 Mn | 9.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.45% |
| Mar 31, 2026 | 8.27% |
| Dec 31, 2025 | 7.33% |
| Sep 30, 2025 | 7.19% |
| Jun 30, 2025 | 6.67% |
| Mar 31, 2025 | 7.65% |
| Dec 31, 2024 | 10.13% |
| Sep 30, 2024 | 11.50% |
| Jun 30, 2024 | 13.47% |
| Mar 31, 2024 | 16.10% |
| Dec 31, 2023 | 16.54% |
| Sep 30, 2023 | 18.18% |
| Jun 30, 2023 | 20.98% |
| Mar 31, 2023 | 24.08% |
| Dec 31, 2022 | 27.51% |
| Sep 30, 2022 | 31.24% |
| Jun 30, 2022 | 33.01% |
| Mar 31, 2022 | 30.60% |
| Dec 31, 2021 | 26.98% |
| Sep 30, 2021 | 21.13% |
API Access
Steel Dynamics Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();