Steel Dynamics (STLD) fundamentals: P/E, valuation, undervalued?
Steel Dynamics · Materials · ref. ETF XLB · price $235.84
In short — Steel Dynamics trades at 21.4× earnings (P/E), 12.4× forward, with a net margin of 7.8 % and revenue growth of +33 %. Read: Cheap for the growth (P/E 12 for ~84% growth (PEG 0.1)).
Is Steel Dynamics stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$235.84+79.3% over range
Aug 28, 25low $129.02 · high $282.76Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
56% recommend buying · 9 analysts
Valuation : Cheap for the growth — P/E 12 for ~84% growth (PEG 0.1)
Valuation
21.4
P/E (price/earnings)
12.4
Forward P/E
0.26
PEG
3.6
Price/book (P/B)
$33.8B
Market cap
11.01
EPS
Profitability & growth
7.8 %
Net margin
+33 %
Revenue growth
+84 %
Earnings growth
$4.4B
Total debt
Steel Dynamics income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $22.3B | $3.9B | 17.4 % |
| 2023 | $18.8B | $2.5B | 13.0 % |
| 2024 | $17.5B | $1.5B | 8.8 % |
| 2025 | $18.2B | $1.2B | 6.5 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Steel Dynamics's P/E and is the stock undervalued? What's a good P/E?
Steel Dynamics's P/E is 21.4 (forward 12.4). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is Steel Dynamics profitable?
Steel Dynamics has a net margin of 7.8 % (EPS 11.01). The company is profitable.
Is STLD stock expensive?
Our read: "Cheap for the growth" — P/E 12 for ~84% growth (PEG 0.1). Cross-check with growth and sector.
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