Steel Dynamics (STLD) Return on Equity [ROE] (2009 - 2026)
Steel Dynamics (STLD) posted Return on Equity [ROE] of 17.37% for Q2 2026, up 5.28 percentage points from 12.09% a year earlier and up 2.11 percentage points from the prior quarter.
Steel Dynamics (STLD) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Steel Dynamics' Return on Equity [ROE] came in at 13.39%, down 4.38 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for four consecutive years, with a five-year change of -0.68 percentage points (FY2020 to FY2025).
- In prior years, Steel Dynamics' Return on Equity [ROE] was 17.77% in FY2024 (-11.99 pp), 29.76% in FY2023 (-25.57 pp), 55.33% in FY2022 (-7.72 pp) and 63.05% in FY2021 (+48.98 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Equity [ROE] since Q4 2024.
- On a year-over-year basis, Return on Equity [ROE] increased in two of the last eight quarters, with an average year-over-year change of -6.40 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q4 2021, with a gain of 42.38 percentage points; the weakest was Q2 2023, with a drop of 26.20 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 15.26% (Q1 2026), 13.23% (Q4 2025) and 12.80% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 3.26% |
| 10 | Steel Dynamics | 31.83 Bn | 28.70 Bn | 958.97 Mn | 17.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.37% |
| Mar 31, 2026 | 15.26% |
| Dec 31, 2025 | 13.23% |
| Sep 30, 2025 | 12.80% |
| Jun 30, 2025 | 12.09% |
| Mar 31, 2025 | 13.54% |
| Dec 31, 2024 | 17.53% |
| Sep 30, 2024 | 19.79% |
| Jun 30, 2024 | 22.73% |
| Mar 31, 2024 | 27.48% |
| Dec 31, 2023 | 28.43% |
| Sep 30, 2023 | 31.19% |
| Jun 30, 2023 | 36.33% |
| Mar 31, 2023 | 42.61% |
| Dec 31, 2022 | 49.49% |
| Sep 30, 2022 | 57.27% |
| Jun 30, 2022 | 62.53% |
| Mar 31, 2022 | 60.90% |
| Dec 31, 2021 | 56.25% |
| Sep 30, 2021 | 45.64% |
Steel Dynamics Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();