Steel Dynamics, Inc. (STLD) vs Wheaton Precious Metals Corp. (WPM)
STLD leads on 10 of 17 compared metrics.
A side-by-side comparison of Steel Dynamics, Inc. and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
STLD
Steel Dynamics, Inc.
$249.91Basic Materials
WPM
Wheaton Precious Metals Corp.
$122.57Basic Materials
Total return — STLD vs WPM
growth of $100 · last 21ySTLD +3532.4%WPM +3828.5%WPM compounded faster
STLD WPM
STLD vs WPM: by the numbers
- •WPM is the larger company ($55.66B vs $36.04B market cap).
- •STLD trades at the lower earnings multiple (26.76 vs 30.95 P/E).
- •WPM converts more revenue to profit (65.55% vs 7.22% net margin).
- •WPM grew revenue faster over the past five years (18.70% vs 12.46% CAGR).
- •STLD pays the higher dividend yield (0.81% vs 0.59%).
Which is better, STLD or WPM?
Metric tally: STLD 10 · WPM 7It depends on what you're optimizing for:
ValueSTLD(lower P/E)
GrowthWPM(faster 5Y revenue CAGR)
IncomeSTLD(higher dividend yield)
QualityWPM(higher ROIC)
Metrics side by side
Valuation
| Metric | STLD | WPM |
|---|---|---|
| P/E ratio | 26.76● | 30.95 |
| Forward P/E | 15.72● | 21.66 |
| P/S ratio | 1.90● | 20.30 |
| P/B ratio | 3.95● | 6.01 |
| PEG ratio | 1.06 | 0.20● |
| EV / EBITDA | 15.66● | 22.31 |
| FCF yield | 1.84%● | 1.78% |
Profitability
| Metric | STLD | WPM |
|---|---|---|
| Gross margin | 14.00% | 77.10%● |
| Operating margin | 9.41% | 71.81%● |
| Net margin | 7.22% | 65.55%● |
| ROE | 14.97% | 19.41%● |
| ROIC | 8.19% | 15.60%● |
Dividends
| Metric | STLD | WPM |
|---|---|---|
| Dividend yield | 0.81%● | 0.59% |
| Payout ratio | 25.31% | 21.82% |
Growth (annualized)
| Metric | STLD | WPM |
|---|---|---|
| Revenue CAGR (5Y) | 12.46% | 18.70%● |
| EPS CAGR (5Y) | 25.18%● | 22.63% |
| FCF CAGR (5Y) | 19.91%● | 8.38% |
| Total return CAGR (5Y) | 36.10%● | 24.34% |
Frequently asked
- Which is better, STLD or WPM?
- It depends on your goal. value: STLD (lower P/E); growth: WPM (faster 5Y revenue CAGR); income: STLD (higher dividend yield); quality: WPM (higher ROIC). Across all compared metrics, STLD leads 10 to 7.
- Is STLD or WPM cheaper?
- On trailing earnings, STLD is cheaper: STLD trades at a 26.76 P/E and WPM at 30.95.
- Which has grown faster, STLD or WPM?
- Over the past five years, WPM grew revenue faster — STLD at a 12.46% CAGR versus WPM at 18.70%.
- Does STLD or WPM pay a bigger dividend?
- STLD yields 0.81% and WPM yields 0.59% based on trailing dividends and the latest price.
- Is STLD or WPM more profitable?
- WPM runs the higher net margin — STLD at 7.22% versus WPM at 65.55%.
- Which has been the better investment, STLD or WPM?
- Over the past 10-year, STLD delivered the higher annualized total return — STLD at 28.17% versus WPM at 20.88%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Steel Dynamics P/E ratioWheaton Precious Metals P/E ratioSteel Dynamics dividend yieldWheaton Precious Metals dividend yieldSteel Dynamics ROEWheaton Precious Metals ROESteel Dynamics operating marginWheaton Precious Metals operating marginSteel Dynamics revenue growthWheaton Precious Metals revenue growthSteel Dynamics free cash flowWheaton Precious Metals free cash flow
Steel Dynamics & Wheaton Precious Metals 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 June 20, 2026.