Steel Dynamics, Inc. (STLD) vs Vulcan Materials Company (VMC)
A side-by-side comparison of Steel Dynamics, Inc. and Vulcan Materials Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
STLD
Steel Dynamics, Inc.
$235.26Basic MaterialsDelayed quote: Sep 18, 2026, 4:00 PM EDT
VMC
Vulcan Materials Company
$240.83Basic MaterialsDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — STLD vs VMC
growth of $100 · dividends reinvested · last 10ySTLD +1125.6% (+28.5%/yr)VMC +141.2% (+9.2%/yr)STLD compounded faster over this window
Log scale — wide-divergence pair
STLD VMC
STLD vs VMC: by the numbers
- •STLD is the larger company ($33.72B vs $31.21B market cap).
- •STLD trades at the lower trailing earnings multiple (21.33 vs 28.40 P/E), one valuation lens rather than an overall verdict.
- •VMC converts more revenue to profit (13.82% vs 7.83% net margin).
- •VMC grew revenue faster over the past five years (10.53% vs 9.68% CAGR).
- •STLD pays the higher dividend yield (0.86% vs 0.82%).
Metrics side by side
Valuation
| Metric | STLD | VMC |
|---|---|---|
| P/E ratio | 21.33 | 28.40 |
| Forward P/E | 13.65 | 26.35 |
| P/S ratio | 1.64 | 3.85 |
| P/B ratio | 3.58 | 3.69 |
| EV / EBITDA | 13.45 | 15.46 |
| FCF yield | 2.83% | 3.29% |
Profitability
| Metric | STLD | VMC |
|---|---|---|
| Gross margin | 14.62% | 27.43% |
| Operating margin | 10.57% | 19.92% |
| Net margin | 7.83% | 13.82% |
| ROE | 17.06% | 13.23% |
| ROIC | 10.79% | 8.25% |
Dividends
| Metric | STLD | VMC |
|---|---|---|
| Dividend yield | 0.86% | 0.82% |
| Payout ratio | 18.68% | 24.17% |
Growth (annualized)
| Metric | STLD | VMC |
|---|---|---|
| Revenue CAGR (5Y) | 9.68% | 10.53% |
| EPS CAGR (5Y) | 25.18% | 13.07% |
| FCF CAGR (5Y) | 26.72% | 7.63% |
| Total return CAGR (5Y) | 31.46% | 8.12% |
Frequently asked
- Which has the lower trailing P/E, STLD or VMC?
- STLD has the lower trailing P/E: STLD trades at 21.33 and VMC at 28.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, STLD or VMC?
- Over the past five years, VMC grew revenue faster — STLD at a 9.68% CAGR versus VMC at 10.53%.
- Does STLD or VMC pay a bigger dividend?
- STLD yields 0.86% and VMC yields 0.82% based on trailing dividends and the latest price.
- Is STLD or VMC more profitable?
- VMC runs the higher net margin — STLD at 7.83% versus VMC at 13.82%.
- How have STLD and VMC total returns compared?
- Over the past 10 years, STLD delivered 28.36% and VMC delivered 9.71% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Steel Dynamics P/E ratioVulcan Materials P/E ratioSteel Dynamics dividend yieldVulcan Materials dividend yieldSteel Dynamics ROEVulcan Materials ROESteel Dynamics operating marginVulcan Materials operating marginSteel Dynamics revenue growthVulcan Materials revenue growthSteel Dynamics free cash flowVulcan Materials free cash flow
Steel Dynamics & Vulcan Materials appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.