Steel Dynamics, Inc. (STLD) vs Wheaton Precious Metals Corp. (WPM)
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 August 4, 2026. Differences are shown without an overall score or investment verdict.
STLD
Steel Dynamics, Inc.
$265.10Basic MaterialsDelayed quote: Aug 4, 2026, 4:00 PM EDT
WPM
Wheaton Precious Metals Corp.
$115.41Basic MaterialsDelayed quote: Aug 4, 2026, 7:56 PM EDT
Total return — STLD vs WPM
growth of $100 · dividends reinvested · last 21ySTLD +6255.8%WPM +4248.2%STLD compounded faster
STLD WPM
STLD vs WPM: by the numbers
- •WPM is the larger company ($52.41B vs $38.00B market cap).
- •STLD trades at the lower trailing earnings multiple (23.43 vs 28.25 P/E), one valuation lens rather than an overall verdict.
- •WPM converts more revenue to profit (65.55% vs 7.83% net margin).
- •WPM grew revenue faster over the past five years (18.70% vs 9.68% CAGR).
- •STLD pays the higher dividend yield (0.80% vs 0.64%).
Metrics side by side
Valuation
| Metric | STLD | WPM |
|---|---|---|
| P/E ratio | 23.43 | 28.25 |
| Forward P/E | 15.54 | 23.02 |
| P/S ratio | 1.82 | 18.53 |
| P/B ratio | 3.96 | 5.49 |
| PEG ratio | 0.93 | 0.20 |
| EV / EBITDA | 14.75 | 21.39 |
| FCF yield | 2.56% | 1.95% |
Profitability
| Metric | STLD | WPM |
|---|---|---|
| Gross margin | 14.62% | 77.10% |
| Operating margin | 10.57% | 71.81% |
| Net margin | 7.83% | 65.55% |
| ROE | 17.06% | 19.41% |
| ROIC | 8.19% | 15.60% |
Dividends
| Metric | STLD | WPM |
|---|---|---|
| Dividend yield | 0.80% | 0.64% |
| Payout ratio | 25.69% | 21.82% |
Growth (annualized)
| Metric | STLD | WPM |
|---|---|---|
| Revenue CAGR (5Y) | 9.68% | 18.70% |
| EPS CAGR (5Y) | 25.18% | 22.63% |
| FCF CAGR (5Y) | 26.72% | -5.56% |
| Total return CAGR (5Y) | 33.93% | 20.65% |
Frequently asked
- Which has the lower trailing P/E, STLD or WPM?
- STLD has the lower trailing P/E: STLD trades at 23.43 and WPM at 28.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, STLD or WPM?
- Over the past five years, WPM grew revenue faster — STLD at a 9.68% CAGR versus WPM at 18.70%.
- Does STLD or WPM pay a bigger dividend?
- STLD yields 0.80% and WPM yields 0.64% based on trailing dividends and the latest price.
- Is STLD or WPM more profitable?
- WPM runs the higher net margin — STLD at 7.83% versus WPM at 65.55%.
- How have STLD and WPM total returns compared?
- Over the past 10 years, STLD delivered 28.03% and WPM delivered 15.92% annualized total return. 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 August 4, 2026.