Steel Dynamics (STLD) Times Interest Earned (2009 - 2026)
Steel Dynamics' (STLD) quarterly Times Interest Earned came in at 17.91 in Q2 2026, down 18.71% year-over-year from 22.03 in Q2 2025, and up 10.63% quarter-over-quarter from 16.18 in Q1 2026.
Analysis
Steel Dynamics (STLD) Times Interest Earned (2009 - 2026) Analysis & Trends
Steel Dynamics has disclosed Times Interest Earned across 18 years of filings, most recently posting 17.91 for Q2 2026.
- In Q2 2026, Times Interest Earned fell 18.71% year-over-year to 17.91; the TTM figure through Jun 2026 stood at 18.22 (down 13.7% YoY), while the FY2025 annual figure was 21.07, down 38.89% from the prior year.
- Times Interest Earned came in at 17.91 for Q2 2026 at Steel Dynamics, up from 16.18 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of 89.68 in Q1 2022 to a low of 11.51 in Q4 2025.
- Average Times Interest Earned over 5 years is 37.21, with a median of 36.08 recorded in 2023.
- The largest YoY upside for Times Interest Earned was 160.63% in 2022 against a maximum downside of 72.53% in 2022.
- Over 5 years, Times Interest Earned stood at 31.82 in 2022, then rose by 10.15% to 35.05 in 2023, then slumped by 53.52% to 16.29 in 2024, then retreated by 29.36% to 11.51 in 2025, then surged by 55.6% to 17.91 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were 17.91 in Q2 2026, 16.18 in Q1 2026, and 11.51 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 112.84 Bn | 102.94 Bn | 941.02 Mn | 10.48 |
| 2 | Nucor | 58.24 Bn | 55.55 Bn | 2.03 Bn | 45.25 |
| 3 | Steel Dynamics | 34.14 Bn | 33.55 Bn | 958.97 Mn | 17.91 |
| 4 | Gerdau | 10.23 Bn | 9.16 Bn | 558.98 Mn | 6.97 |
| 5 | Commercial Metals | 7.39 Bn | 6.83 Bn | 455.14 Mn | -45.75 |
| 6 | Cleveland-Cliffs | 6.75 Bn | 6.68 Bn | 132.00 Mn | - |
| 7 | Posco Holdings | 4.67 Bn | -5.01 Bn | 1.11 Bn | 0.79 |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.41 Bn | 2.86 Bn | - | - |
| 9 | National Steel | 1.82 Bn | -1.00 Bn | 579.08 Mn | 0.27 |
| 10 | SunCoke Energy | 866.00 Mn | 823.30 Mn | 100.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.91 |
| Mar 31, 2026 | 16.18 |
| Dec 31, 2025 | 11.51 |
| Sep 30, 2025 | 37.41 |
| Jun 30, 2025 | 22.03 |
| Mar 31, 2025 | 22.68 |
| Dec 31, 2024 | 16.29 |
| Sep 30, 2024 | 23.16 |
| Jun 30, 2024 | 43.96 |
| Mar 31, 2024 | 62.70 |
| Dec 31, 2023 | 35.05 |
| Sep 30, 2023 | 39.83 |
| Jun 30, 2023 | 51.22 |
| Mar 31, 2023 | 37.12 |
| Dec 31, 2022 | 31.82 |
| Sep 30, 2022 | 48.13 |
| Jun 30, 2022 | 63.04 |
| Mar 31, 2022 | 89.68 |
| Dec 31, 2021 | 115.83 |
| Sep 30, 2021 | 104.07 |