Steel Dynamics (STLD) Return on Capital Employed (2009 - 2026)
Steel Dynamics (STLD) posted Return on Capital Employed of 14.06% for Q2 2026, up 16.41% sequentially from 12.08% in Q1 2026, and up 478.0% YoY from 2.43% in Q2 2025.
Steel Dynamics (STLD) Return on Capital Employed (2009 - 2026) Analysis & Trends
Steel Dynamics has reported Return on Capital Employed for 18 years, with the latest figure at 14.06% in Q2 2026.
- Quarterly Return on Capital Employed rose 478.0% year-over-year to 14.06% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.06% (up 478.0% YoY) and the FY2025 annual result came in at 10.89%, down 433.0% from the prior year.
- Return on Capital Employed grew to 14.06% in Q2 2026 per STLD's latest filing, from 12.08% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 52.44% in Q2 2022 and troughed at 9.27% in Q2 2025.
- A 5-year average of 25.26% and a median of 22.44% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 3407 bps in 2022, then tumbled 2259 bps in 2023.
- Over 5 years, Return on Capital Employed stood at 42.18% in 2022, then tumbled by 41 bps to 25.04% in 2023, then tumbled by 41 bps to 14.78% in 2024, then fell by 29 bps to 10.49% in 2025, then surged by 34 bps to 14.06% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 14.06%, 12.08%, and 10.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 108.66 Bn | 98.76 Bn | 941.02 Mn | -448.99% |
| 2 | Nucor | 55.66 Bn | 52.97 Bn | 2.03 Bn | 13.42% |
| 3 | ArcelorMittal | 55.22 Bn | 50.37 Bn | - | 2.72% |
| 4 | Steel Dynamics | 32.76 Bn | 32.18 Bn | 958.97 Mn | 14.06% |
| 5 | Reliance | 19.62 Bn | 19.39 Bn | 1.30 Bn | 12.56% |
| 6 | Cleveland-Cliffs | 6.49 Bn | 6.42 Bn | 132.00 Mn | -4.83% |
| 7 | Gerdau | 5.43 Bn | 4.29 Bn | 558.98 Mn | 9.70% |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.57 Bn | 3.01 Bn | - | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn | 4.09% |
| 10 | Worthington Steel | 1.70 Bn | 1.62 Bn | 118.80 Mn | -0.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.06% |
| Mar 31, 2026 | 12.08% |
| Dec 31, 2025 | 10.49% |
| Sep 30, 2025 | 10.17% |
| Jun 30, 2025 | 9.27% |
| Mar 31, 2025 | 11.14% |
| Dec 31, 2024 | 14.78% |
| Sep 30, 2024 | 17.56% |
| Jun 30, 2024 | 20.68% |
| Mar 31, 2024 | 24.21% |
| Dec 31, 2023 | 25.04% |
| Sep 30, 2023 | 26.45% |
| Jun 30, 2023 | 30.71% |
| Mar 31, 2023 | 35.83% |
| Dec 31, 2022 | 42.18% |
| Sep 30, 2022 | 49.05% |
| Jun 30, 2022 | 52.44% |
| Mar 31, 2022 | 48.60% |
| Dec 31, 2021 | 43.86% |
| Sep 30, 2021 | 34.57% |