STLD Steel Dynamics PE ratio, current and historical analysis
The price-to-earnings ratio for Steel Dynamics stock stands at 11.72 as of Feb 21, 2025. This is based on the current EPS of $11.15 and the stock price of $130.71 per share. An increase of 18% has been recorded in the P/E ratio compared to the average of 9.9 of the last 4 quarters.
STLD PE ratio history
Over the last ten years, the average PE ratio of Steel Dynamics has been 29.9. The current 11.72 PE ratio is 61% below the historical average. In the past ten years, STLD's PE ratio was at its highest in the Jun 2016 quarter at 612.5, with a price of $24.5 and an EPS of $0.04. The Jun 2022 quarter recorded the bottom point at 2.93, with a price of $66.15 and an EPS of $22.57.
Steel Dynamics PE ratio by year
Maximum annual increase: 99.28% in 2019
Maximum annual decrease: -71.97% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 8.02 | 72.84% | $118.1 | $14.72 |
| 2022 | 4.64 | 17.17% | $97.7 | $21.06 |
| 2021 | 3.96 | -71.97% | $62.07 | $15.67 |
| 2020 | 14.13 | 27.07% | $36.87 | $2.61 |
| 2019 | 11.12 | 99.28% | $34.04 | $3.06 |
| 2018 | 5.58 | -56.27% | $30.04 | $5.38 |
| 2017 | 12.76 | -43.69% | $43.13 | $3.38 |
| 2016 | 22.66 | N/A | $35.58 | $1.57 |
| 2015 | N/A | N/A | $17.87 | -$0.54 |
| 2014 | 29.03 | 27.77% | $19.74 | $0.68 |
| 2013 | 22.72 | 24.09% | $19.54 | $0.86 |
| 2012 | 18.31 | 76.91% | $13.73 | $0.75 |
| 2011 | 10.35 | -63.23% | $13.15 | $1.27 |
| 2010 | 28.15 | N/A | $18.3 | $0.65 |
| 2009 | N/A | N/A | $17.72 | -$0.04 |
Steel Dynamics PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 11.31 | 9.91% | $126.08 | $11.15 |
| Jun 2024 | 10.29 | 1.88% | $129.5 | $12.58 |
| Mar 2024 | 10.1 | 25.94% | $148.23 | $14.68 |
| Dec 2023 | 8.02 | 17.94% | $118.1 | $14.72 |
| Sep 2023 | 6.8 | 8.28% | $107.22 | $15.76 |
| Jun 2023 | 6.28 | 5.55% | $108.93 | $17.34 |
| Mar 2023 | 5.95 | 28.23% | $113.06 | $19 |
| Dec 2022 | 4.64 | 48.72% | $97.7 | $21.06 |
| Sep 2022 | 3.12 | 6.48% | $70.95 | $22.75 |
| Jun 2022 | 2.93 | -31.7% | $66.15 | $22.57 |
| Mar 2022 | 4.29 | 8.33% | $83.43 | $19.43 |
| Dec 2021 | 3.96 | -24.43% | $62.07 | $15.67 |
| Sep 2021 | 5.24 | -40.59% | $58.48 | $11.17 |
| Jun 2021 | 8.82 | -34.47% | $59.6 | $6.76 |
| Mar 2021 | 13.46 | -4.74% | $50.76 | $3.77 |
STLD average PE ratio chart
The current PE ratio of STLD is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
STLD PE vs peers
Compared to its peer stocks NUE and CRS, STLD's PE ratio stands lower. Steel Dynamics's PE ratio is trading below the peer group average of 32.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 11.72 | $19.9B |
| NUE Nucor Corp | 13.03 | $31.75B |
| X United States Steel Corp | 21.61 | $8.32B |
| CRS Carpenter Technology Corp | 36.35 | $9.75B |
| CMC COMMERCIAL METALS Co | 43.67 | $5.66B |
| WOR Worthington Industries Inc | 49.33 | $2.12B |
| AP Ampco Pittsburgh Corp | N/A | $40.19M |
Frequently asked questions
What is Steel Dynamics's PE ratio?
STLD's price to earnings ratio is 11.72 as of Feb 21, 2025.
What is the 3-year average PE ratio for Steel Dynamics (STLD)?
As an average over the last 3 years, STLD stock has a PE ratio of 6.7.
What is the 5-year average PE ratio for Steel Dynamics (STLD)?
As an average over the last 5 years, STLD stock has a PE ratio of 7.88.
What is the highest PE ratio for STLD?
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 612.5.
How does the current PE ratio for STLD compare to its historical average?
STLD's current price to earnings ratio is 61% below its 10-year historical average.
How is STLD's PE ratio calculated (Steel Dynamics PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Feb 21, 2025), Steel Dynamics's stock price is $130.71. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.15. Therefore, Steel Dynamics's P/E ratio for today is 11.72. PE RATIO(11.72) = STOCK PRICE($130.71) / TTM EPS($11.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.