Steel Dynamics, Inc.

Steel Dynamics, Inc.verified

STLD

Price:

$110.85

Market Cap:

$17.10B

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, straighten...[Read more]

Industry

Steel

IPO Date

1996-11-22

Stock Exchange

NASDAQ

Ticker

STLD

The Current Ratio as of September 2024 (TTM) for Steel Dynamics, Inc. (STLD) is 2.35

According to Steel Dynamics, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.35. This represents a change of -21.02% compared to the average of 2.97 of the last 4 quarters.

Steel Dynamics, Inc. (STLD) Historical Current Ratio (quarterly & annually)

How has STLD Current Ratio performed in the past?

The mean historical Current Ratio of Steel Dynamics, Inc. over the last ten years is 3.77. The current 2.35 Current Ratio has changed 6.13% with respect to the historical average. Over the past ten years (40 quarters), STLD's Current Ratio was at its highest in in the December 2015 quarter at 4.74. The Current Ratio was at its lowest in in the June 2024 quarter at 2.35.

Quarterly (TTM)
Annual

Average

3.77

Median

3.86

Minimum

2.91

Maximum

4.74

Steel Dynamics, Inc. (STLD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Steel Dynamics, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 37.83%

Maximum Annual Current Ratio = 4.74

Minimum Annual Increase = -22.56%

Minimum Annual Current Ratio = 2.91

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.91-22.56%
20223.7621.30%
20213.10-8.42%
20203.38-19.92%
20194.226.77%
20183.96-2.04%
20174.04-1.72%
20164.11-13.31%
20154.7435.61%
20143.5037.83%

Steel Dynamics, Inc. (STLD) Average Current Ratio

How has STLD Current Ratio performed in the past?

The current Current Ratio of Steel Dynamics, Inc. (STLD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.26

5-year avg

3.47

10-year avg

3.77

Steel Dynamics, Inc. (STLD) Current Ratio vs. Peers

How is STLD’s Current Ratio compared to its peers?

Steel Dynamics, Inc.’s Current Ratio is greater than Cleveland-Cliffs Inc. (1.87), greater than United States Steel Corporation (1.72), greater than ArcelorMittal S.A. (1.53), less than Reliance Steel & Aluminum Co. (5.02), less than Nucor Corporation (2.93), less than Gerdau S.A. (2.83), less than Olympic Steel, Inc. (3.77), greater than Schnitzer Steel Industries, Inc. (1.96), less than Commercial Metals Company (4.24), greater than POSCO Holdings Inc. (2.03), less than Ternium S.A. (2.74),

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