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).

Compare

Total return — STLD vs WPM

growth of $100 · last 21y
STLD +3532.4%WPM +3828.5%WPM compounded faster
01k2k3k4k5kStart $10020092013201720212025$3,632$3,929
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 7

It 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

MetricSTLDWPM
P/E ratio26.7630.95
Forward P/E15.7221.66
P/S ratio1.9020.30
P/B ratio3.956.01
PEG ratio1.060.20
EV / EBITDA15.6622.31
FCF yield1.84%1.78%

Profitability

MetricSTLDWPM
Gross margin14.00%77.10%
Operating margin9.41%71.81%
Net margin7.22%65.55%
ROE14.97%19.41%
ROIC8.19%15.60%

Dividends

MetricSTLDWPM
Dividend yield0.81%0.59%
Payout ratio25.31%21.82%

Growth (annualized)

MetricSTLDWPM
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.

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.