STLD · Steel Dynamics Inc
$231.01
-18.80 (-7.53%)
At close · Aug 19
Market Cap
$35.80B
Shares
143.33M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$231.01
Open$252.56
Day$223.20–252.56
52W close$125.45–282.76
Avg vol 30d1.1M
Short int4.1M · 2.8% float · 3.3d
Short vol48%
Last earningsJul 21, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 28
Up next
Next earnings call
Oct 20, 2026
Est · unconfirmed
· in 9 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Jul 28, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Neutral
Momentum
Strong
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+12%
above
Price vs 50-day avg
−7%
below
RSI (14)
35
neutral
MACD trend
Negative
52-week position
67%
mid-range
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−3%
trailing
6-month return
+20%
trailing
YTD return
+36%
this year
Relative strength
+8%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $249 › 200d $205 — 50d above 200d
Institutional flow
Accumulating
+8% holders QoQ · +159 funds added
Insider flow
Distributing
Net -$2.7M over 90 days · 100% sells
Short interest
Rising
2.83% of float · ▲ +14.1% MoM · 3.3 days cover
Volume signal
Reversal watch
High volume on a down day — possible exhaustion
Institution breadth
Multi-yr high
1,022 holders — near 3-yr high, broad support
Squeeze score
54
elevated · 0–100
Fundamentals
Revenue growth
+21%
Y/Y
Gross margin
11%
contracting
EPS growth
−19%
Y/Y
Free cash flow
$501.5M
Valuation
P/E 22.7
below peers
Buyback
$801.0M
remaining
Balance sheet
$3.4B
net debt
Quant / Vol
risk profile
Volatility
36%
annualized · 1-yr
Max drawdown
−22%
past year
ATR
4.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jun 30, 2026
Capital investments
· second half of 2026
$300M – $350M
Prior guidance
period ended
· from the Earnings Call filed Sep 30, 2025
Aluminum operations startup operating loss
· 2025
$40M
Capital investments
· 2025
$200M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+12%
Bullish
Price vs 50-day avg
−7%
Bearish
RSI (14)
35
Neutral
MACD trend
Negative
Bearish
52-week position
67%
Neutral
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $249 › 200d $205 — 50d above 200d
Institutional flow
Accumulating
+8% holders QoQ · +159 funds added
Insider flow
Distributing
Net -$2.7M over 90 days · 100% sells
Short interest
Rising
2.83% of float · ▲ +14.1% MoM · 3.3 days cover
Volume signal
Reversal watch
High volume on a down day — possible exhaustion
Institution breadth
Multi-yr high
1,022 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $125
Now $231 · 67%
Range high $283
vs 200-day avg +12%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $921M | Q2 2026 | — |
|
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| After-tax ROIC | 13% | Q2 2026 | — |
| Aluminum flat rolled sheet product shipments | 53,000 | Q2 2026 | — |
| aluminum hot band production | 84,000 | Q2 2026 | — |
| average external product selling price for steel operations | $1,298 | Q2 2026 | — |
|
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| Average ferrous cost (Per ton Melted) | $412 | Q2 2026 | — |
| average ferrous scrap cost per ton melted | $412 | Q2 2026 | — |
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| capital investments | $124M | Q2 2026 | — |
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| cash dividends paid | $77M | Q2 2026 | — |
| cash flow from operations | $428M | Q2 2026 | — |
| EBITDA non-GAAP | $888.27M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 530.79M
+152.68M Income taxes
+33.18M Net interest expense
+163.9M Depreciation
+7.73M Amortization of intangible assets
= EBITDA 888.27M
|
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| Engineered Bar Products Division shipments | 213,220 | Q2 2026 | — |
| External ferrous shipments (Gross tons) | 588,906 | Q2 2026 | — |
| External Shipments (Tons) | 3,085,372 | Q2 2026 | — |
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| Ferrous shipments (Gross tons) | 1,672,886 | Q2 2026 | — |
| Flat Roll shipments - Butler, Columbus, and Sinton | 2,026,079 | Q2 2026 | — |
| Liquidity | $2B | Q2 2026 | — |
| Nonferrous shipments | £211.05M | Q2 2026 | — |
| Roanoke Bar Division shipments | 175,792 | Q2 2026 | — |
| Share repurchases | $200M | Q2 2026 | — |
|
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| Steel Fabrication Average sales price (Per ton) | $2,442 | Q2 2026 | — |
| Steel Fabrication Shipments (Tons) | 161,010 | Q2 2026 | — |
| Steel Mill Production (Tons) | 2,974,075 | Q2 2026 | — |
| Steel of West Virginia shipments | 98,090 | Q2 2026 | — |
| Steel Processing divisions shipments | 717,837 | Q2 2026 | — |
| steel shipments | 3.7M | Q2 2026 | — |
|
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| Structural and Rail Division shipments | 510,322 | Q2 2026 | — |
| Total Shipments (Tons) | 3,741,340 | Q2 2026 | — |
| Average 2025 external selling price for the company's steel operations | $1,089 | Annual 2025 | — |
| Average ferrous scrap cost per ton melted at the company's steel mills | $374 | Q4 2025 | — |
| Record steel shipments | 13.7M | Annual 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Steel — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
STLD
this stock
Steel Dynamics Inc
|
$35.80B | +36.3% | +20.9% | 22.7 | 2.8% |
|
NUE
Nucor Corp
|
$61.86B | +52.5% | +5.7% | 21.8 | 1.6% |
|
MT
ArcelorMittal
|
$55.65B | +63.7% | — | — | 0.3% |
|
RS
Reliance, Inc.
|
$21.36B | +38.2% | -13.0% | 27.3 | 1.9% |
|
PKX
Posco Holdings Inc.
|
$17.21B | +9.1% | — | — | 0.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| STLD | -12.2% | -3.2% | +20.0% | -8.1% | +36.3% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -11.8% | -6.1% | +8.4% | -11.0% | +23.6% |
Capital returns
Latest dividend
$0.53
/ share · ex Jun 30, 2026
Declared · upcoming
$0.53
/ share · ex Sep 30, 2026
Paid (TTM)
$2.06
/ share · 4 payouts
Dividend yield (TTM, derived)
0.89%
Buyback program
· as of Dec 31, 2025
Authorized
$1.50B
Spent (derived)
$699.00M
Remaining
$801.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1022671
CUSIP
858119100
13F (30d)
885 filings
854 filers
Visit website
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