US · STLD
Steel Dynamics, Inc.
- Sector
- Basic Materials · Steel
- Headquarters
- Fort Wayne, IN 46804
- Website
- stld.steeldynamics.com
Price · as of 2025-12-31
$229.27
Market cap 28.2B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $118.08 | -48.5% |
| Intrinsic Value(DCF) | $80.60 | -64.84% |
| Graham-Dodd Method(GD) | $67.93 | -70.37% |
| Graham Formula(GF) | $92.84 | -59.51% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $10.45 | $31.69 | $200.77 | $7.93 | $43.23 |
| 2012 | $12.00 | $30.84 | $41.05 | $5.34 | $0.00 |
| 2013 | $13.68 | $29.15 | $0.00 | $6.06 | $7.95 |
| 2014 | $14.47 | $14.67 | $0.00 | $5.90 | $17.63 |
| 2015 | $17.27 | $16.94 | $0.00 | $0.00 | $2.43 |
| 2016 | $28.28 | $26.11 | $0.00 | $9.88 | $16.36 |
| 2017 | $39.24 | $33.76 | $1.36 | $20.18 | $100.68 |
| 2018 | $29.91 | $40.97 | $216.89 | $31.05 | $167.23 |
| 2019 | $22.19 | $26.72 | $12.46 | $18.09 | $0.00 |
| 2020 | $45.43 | $44.79 | $0.00 | $16.59 | $0.75 |
| 2021 | $67.82 | $157.53 | $5,119.65 | $91.30 | $1,503.33 |
| 2022 | $115.14 | $152.90 | $5,995.08 | $127.51 | $594.32 |
| 2023 | $127.73 | $105.34 | $2,688.75 | $99.51 | $0.00 |
| 2024 | $123.24 | $88.91 | $0.00 | $76.59 | $17.97 |
| 2025 | $201.51 | $118.08 | $0.00 | $67.93 | $92.84 |
AI valuation
Our deep-learning model estimates Steel Dynamics, Inc.'s (STLD) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $118.08
- Current price
- $229.27
- AI upside
- -48.5%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$80.60
-64.84% upside
Graham-Dodd
$67.93
-70.37% upside
Graham Formula
$92.84
-59.51% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| STLD | Steel Dynamics, Inc. | $229.27 | 28.2B | -48% | -65% | -70% | -60% | 25.12 | 3.33 | 1.64 | 15.71 | — | 3.66 | 13.01% | 8.12% | 6.52% | 13.25% | 9.81% | 7.56% | 0.47 | 21.07 | 3.06 | 1.16 | 1.63 | -1880.00% | 363.00% | -223381.00% | 1.68% | 0.68 | 4.19% | 0.98% | 24.60% | 4.00% | 22.51 | 66.25 | 1.83 | 5.45 |
| AMRZ | Amrize Ltd | $64.99 | 35.94B | -29% | -57% | -72% | -70% | 29.80 | 2.66 | 2.99 | 13.93 | — | 14.09 | 25.68% | 16.13% | 10.03% | 8.92% | 8.66% | 4.96% | 0.45 | — | 1.64 | 1.06 | 1.41 | -696.00% | 95.00% | -1341.00% | 4.02% | 0.77 | 8.23% | 0.00% | 0.00% | 0.00% | 20.62 | 27.67 | 3.33 | 2.76 |
| KGC | Kinross Gold Corporation | $36.99 | 44.63B | +27% | -60% | -59% | +147% | 18.45 | 5.24 | 6.25 | 10.27 | 11.64 | 5.24 | 47.45% | 43.19% | 33.90% | 31.55% | 31.37% | 20.92% | 0.09 | 37.23 | 2.35 | 1.31 | -0.23 | 15844.00% | 3934.00% | 8734.00% | 5.72% | 2.71 | 33.63% | 0.34% | 6.40% | 5.73% | 14.16 | 17.09 | 6.12 | 8.17 |
| MT | ArcelorMittal S.A. | $65.16 | 49.94B | -30% | -52% | +29% | -59% | 15.61 | 0.90 | 0.80 | 9.68 | 10.90 | 1.00 | 9.63% | 5.91% | 5.14% | 6.08% | 5.59% | 3.37% | 0.25 | 12.22 | 1.36 | 0.40 | 1.34 | 14320.00% | -174.00% | 537.00% | 0.96% | 0.21 | 0.81% | 0.86% | 13.40% | 1.39% | 15.75 | 121.33 | 0.93 | 1.57 |
| NTR | Nutrien Ltd. | $75.07 | 36.56B | -16% | -59% | -77% | -16% | 15.97 | 1.46 | 1.35 | 7.70 | 6.43 | 3.20 | 31.05% | 14.48% | 8.43% | 9.29% | 8.08% | 4.43% | 0.51 | 5.67 | 1.34 | 0.58 | 1.92 | 24853.00% | 533.00% | 4751.00% | 5.53% | 0.37 | 5.52% | 2.93% | 46.80% | 4.45% | 12.39 | 24.09 | 1.79 | 2.00 |
| NUE | Nucor Corporation | $176.88 | 40.48B | -29% | -59% | -57% | -42% | 20.44 | 1.99 | 1.28 | 11.22 | — | 3.03 | 11.93% | 8.18% | 5.37% | 9.89% | 8.71% | 5.90% | 0.34 | 45.07 | 2.94 | 1.45 | 1.18 | -1111.00% | 573.00% | -12333.00% | -0.45% | 0.81 | -0.78% | 1.23% | 25.10% | 2.91% | 17.33 | -245.10 | 1.42 | 4.62 |
| PKX | POSCO Holdings Inc. | $69.59 | 21.06B | -2% | -53% | +43% | -90% | 47.88 | 0.57 | 0.45 | 7.64 | — | 0.63 | 7.38% | 2.64% | 0.94% | 1.18% | 1.26% | 0.63% | 0.51 | — | 1.90 | 1.16 | 2.22 | -4843.00% | -365.00% | -2791.00% | -3.43% | 0.20 | -1.59% | 2.91% | 139.10% | 25.88% | 23.98 | -41.09 | 0.63 | 1.40 |
| PPG | PPG Industries, Inc. | $123.27 | 27.55B | -4% | +791% | — | -53% | 17.17 | -7.61 | 1.70 | 11.44 | 37.59 | -7.61 | 37.99% | 13.66% | 9.93% | 96.92% | 24.93% | 11.47% | -2.10 | 9.00 | 1.62 | 1.13 | 1.88 | 4568.00% | 19.00% | -21130.00% | -2.88% | 0.00 | -11.52% | 2.33% | 40.00% | 2.33% | 14.85 | -41.39 | 2.03 | 4.76 |
| RS | Reliance Steel & Aluminum… | $315.64 | 16.5B | -15% | -59% | -71% | -49% | 22.88 | 2.37 | 1.19 | 14.38 | — | 4.20 | 26.79% | 7.15% | 5.17% | 10.31% | 9.06% | 7.27% | 0.28 | 18.36 | 4.88 | 2.07 | 1.36 | -1015.00% | 332.00% | -4971.00% | 2.96% | 0.98 | 5.82% | 1.50% | 34.30% | 5.00% | 18.33 | 37.30 | 1.31 | 6.25 |
| TECK | Teck Resources Limited | $58.89 | 28.3B | -48% | -59% | -31% | -11% | 28.19 | 1.57 | 3.67 | 10.25 | 10.72 | 1.61 | 21.84% | 16.47% | 13.03% | 5.47% | 3.89% | 3.03% | 0.41 | 2.17 | 2.54 | 1.79 | 1.23 | 26282.00% | 1856.00% | -75624.00% | -2.58% | 0.24 | -3.45% | 0.62% | 17.60% | 3.18% | 25.34 | -44.08 | 4.17 | 1.76 |
| TX | Ternium S.A. | $43.47 | 8.53B | -12% | -60% | -28% | — | 20.04 | 0.71 | 0.55 | 5.63 | — | 0.78 | 15.00% | 4.52% | 2.72% | 3.56% | 3.08% | 1.82% | 0.22 | 3.28 | 2.49 | 1.19 | 0.76 | -91481.00% | -1156.00% | -55959.00% | -2.20% | 0.59 | -1.76% | 6.22% | 124.60% | 6.22% | 11.33 | -42.70 | 0.51 | 1.74 |
About Steel Dynamics, Inc.
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
- CEO
- Mark D. Millett
- Employees
- 13K
- Beta
- 1.45
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($80.60 ÷ $229.27) − 1 = -64.84% (DCF, example).