Steel Dynamics (STLD) Times Interest Earned (2009 - 2026)
Steel Dynamics' (STLD) Times Interest Earned stood at 17.91 in Q2 2026, down 18.7% from 22.03 a year earlier but up 10.6% from the prior quarter.
Steel Dynamics (STLD) Times Interest Earned (2009 - 2026) Analysis & Trends
On a TTM basis, Steel Dynamics' Times Interest Earned came in at 18.22 as of Jun 30, 2026, down 13.7% year-over-year; for FY2025, it came in at 21.07, down 38.9% from FY2024.
- Annual Times Interest Earned has declined for four straight years.
- Across earlier years, Times Interest Earned came in at 34.48 in FY2024 (-16.3%), 41.20 in FY2023 (-25.9%), 55.63 in FY2022 (-26.0%) and 75.18 in FY2021 (+742.0%).
- Quarterly Times Interest Earned has ranged from 11.51 in Q4 2025 to 115.83 in Q4 2021 over the past five years.
- On a year-over-year basis, Times Interest Earned has declined for three consecutive quarters, with an average decline of 28.0% over the last eight quarters.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 804.5% in Q4 2021, against a decline of 72.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.18 (Q1 2026), 11.51 (Q4 2025) and 37.41 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 156.22 Bn | 135.00 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 137.53 Bn | 98.03 Bn | - | - |
| 4 | Newmont | 121.36 Bn | 89.36 Bn | 4.03 Bn | - |
| 5 | Freeport-Mcmoran | 95.28 Bn | 79.33 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 90.19 Bn | 79.82 Bn | 2.43 Bn | 143.79 |
| 7 | Barrick Mining | 67.20 Bn | 42.40 Bn | 2.90 Bn | 105.08 |
| 8 | Nucor | 58.00 Bn | 47.38 Bn | 2.03 Bn | 45.25 |
| 9 | ArcelorMittal | 46.73 Bn | 25.76 Bn | - | - |
| 10 | Steel Dynamics | 33.91 Bn | 30.99 Bn | 958.97 Mn | 17.91 |
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 |
Steel Dynamics Times Interest Earned 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=times-interest-earned&ticker=STLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();