STLDSTEEL DYNAMICS INC
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
- Revenue
- $18.2B
- 3.6% YoY
- Operating margin
- 8.1%
- 27% YoY
- EBITDA
- $2.0B
- 16% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.6×
- $3.3B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear122% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear82% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $18.4B | $22.3B | $18.8B | $17.5B | $18.2B | 3.6% |
| Operating income | $4.3B | $5.1B | $3.2B | $1.9B | $1.5B | 24% |
| Net income | $3.2B | $3.9B | $2.5B | $1.5B | $1.2B | 23% |
| Operating cash flow | $2.2B | $4.5B | $3.5B | $1.8B | $1.4B | 21% |
| Capex | $1.0B | $909M | $1.7B | $1.9B | $948M | 49% |
| Stock-based comp | $58M | $59M | $62M | $67M | $69M | 3.6% |
| Buybacks | $1.1B | $1.8B | $1.5B | $1.2B | $901M | 26% |
| Dividends | $213M | $237M | $271M | $283M | $291M | 3.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.