Steel Dynamics, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Steel Dynamics, Inc.'s yearly results (2022–2025), compared with Basic Materials companies in United States. Tap ? on any ratio for what it means.
What stands out
- Steadiness Ratio: Sales grew in 1 of the last 3 years; profit grew in 0 of 3. Less steady than 85% of Basic Materials companies in United States.
- Debt Due Cover Ratio: Debt due within a year is covered 41.8 times by its yearly operating cash. Higher than 85% of Basic Materials companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
$132Over the last 3 years, every $100 of reported profit came with $132 of operating cash.
Lower than 77% of Basic Materials companies in United States.
Self-Funding Ratio
1.5×Over the last 3 years its own operating cash covered its investment spending (capex) 1.5 times.
Higher than 53% of Basic Materials companies in United States.
Cash Locked Ratio
$23For every $100 of sales, $23 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $19 tied up three years earlier.
More money tied up than 60% of Basic Materials companies in United States.
Growth quality
Steadiness Ratio
1/3 · 0/3Sales grew in 1 of the last 3 years; profit grew in 0 of 3.
Less steady than 85% of Basic Materials companies in United States.
Growth Efficiency Ratio
—Sales fell 18%
Sales fell 18% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-18% / +16%In 3 years sales changed by -18% while total assets changed by +16%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
41.8×Debt due within a year is covered 41.8 times by its yearly operating cash.
Higher than 85% of Basic Materials companies in United States.
Cash Cushion Ratio
−10%Debt, after subtracting cash, equals 10% of its market value (net debt).
Higher than 50% of Basic Materials companies in United States.
Tangible Assets Ratio
95%Of every $100 the company owns, $95 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 69% of Basic Materials companies in United States.
Tangible Net Worth Ratio
91%Of every $100 of net worth, $91 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 72% of Basic Materials companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Steel Dynamics, Inc. owes $0.45 for every $1 it owns. Net profit fell 23% in the year to Dec 2025, and shrank 33% a year on average over 3 years.
Compared with Basic Materials companies in United States · latest annual results Dec 2025.
P/E ratio
17.7Investors pay $17.7 for every $1 of Steel Dynamics, Inc.'s yearly profit, lower than 68% of Basic Materials companies in United States.
P/B ratio
3.65The share price is 3.65 times Steel Dynamics, Inc.'s book value per share, higher than 75% of Basic Materials companies in United States.
Market cap
$34.4 BThe total market value of all of Steel Dynamics, Inc.'s shares at today's price (share price × number of shares), larger than 93% of Basic Materials companies in United States. PosiCap size class: Tito Cap.
Net worth (book value)
$9.4 BWhat Steel Dynamics, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$65.72Net worth divided by the number of shares. The share price of $239.90 is 3.7 times this, which is the P/B above.
Return on equity (ROE)
20.8%Steel Dynamics, Inc. earned 20.8% on its shareholders' money over the last year, higher than 84% of Basic Materials companies in United States.
Owes vs Owns
0.45×Steel Dynamics, Inc. owes $0.45 for every $1 it owns (low), lower than 51% of Basic Materials companies in United States.
Dividend yield
0.85%Steel Dynamics, Inc. pays 0.85% of its share price as dividends a year, lower than 73% of dividend-paying Basic Materials companies in United States.
Revenue growth
+4%Revenue rose 4% in the year to Dec 2025, and shrank 7% a year on average over 3 years.
Profit growth
-23%Net profit fell 23% in the year to Dec 2025, and shrank 33% a year on average over 3 years.
Profit margin
6.5%Steel Dynamics, Inc. keeps $7 of every $100 of revenue as net profit.
Cash quality
1.2×Cash from Steel Dynamics, Inc.'s business was 1.2× its reported profit in the year to Dec 2025 — its profit turned into cash.
Interest cover
22.8×Steel Dynamics, Inc.'s operating profit covered its interest costs 22.8 times in the year to Dec 2025.
Cash vs debt
Net debtSteel Dynamics, Inc. had $3.4 B more debt than cash (net debt) at Dec 2025.
Questions
What is Steel Dynamics, Inc.'s P/E ratio?
Investors pay $17.7 for every $1 of Steel Dynamics, Inc.'s yearly profit, lower than 68% of Basic Materials companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Steel Dynamics, Inc.: $34.4 B ÷ $9.4 B (30 Jun 2026) = 3.7.
What is Steel Dynamics, Inc.'s return on equity?
Steel Dynamics, Inc. earned 20.8% on its shareholders' money over the last year, higher than 84% of Basic Materials companies in United States.
How much does Steel Dynamics, Inc. owe compared with what it owns?
Steel Dynamics, Inc. owes $0.45 for every $1 it owns (low), lower than 51% of Basic Materials companies in United States.
Does Steel Dynamics, Inc. pay a dividend?
Yes. Steel Dynamics, Inc. pays 0.85% of its share price as dividends a year, lower than 73% of dividend-paying Basic Materials companies in United States.
Is Steel Dynamics, Inc.'s revenue growing?
Revenue rose 4% in the year to Dec 2025, and shrank 7% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.