Steel Dynamics, Inc. (STLD) Debt to Equity Ratio: 0.47
Is Steel Dynamics, Inc.’s debt to equity ratio high or low?
Steel Dynamics, Inc.'s debt to equity ratio of 0.47 is in line with its 5-year average of 0.46, around the middle of its 5-year range (0.35–0.71).
As of Saturday, June 20, 2026. 11.90% above its 12-month average of 0.42.
STLD Debt to Equity Ratio Chart
STLD Average Debt to Equity Ratio Chart
STLD Current vs Average Debt to Equity Ratio Chart
STLD Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.47
DEBT TO EQUITY RATIO AVG TTM
0.42
DEBT TO EQUITY RATIO AVG 3Y
0.39
DEBT TO EQUITY RATIO AVG 5Y
0.46
DEBT TO EQUITY RATIO AVG 10Y
0.59
DEBT TO EQUITY RATIO AVG 15Y
0.72
DEBT TO EQUITY RATIO AVG 20Y
0.78
CURRENT VS TTM AVG
+11.90%
CURRENT VS 3Y AVG
+19.75%
CURRENT VS 5Y AVG
+1.81%
CURRENT VS 10Y AVG
-20.83%
CURRENT VS 15Y AVG
-34.44%
CURRENT VS 20Y AVG
-39.85%
STLD Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Steel Dynamics, Inc. (STLD) | $36.04B | 0.47 | 0.42 | 0.39 | 0.46 |
| Martin Marietta Materials, Inc. (MLM)vs › | $36.58B | 0.53 | 0.57 | 0.62 | 0.64 |
| Vulcan Materials Company (VMC)vs › | $39.30B | 0.63 | 0.68 | 0.65 | 0.65 |
| Nutrien Ltd. (NTR)vs › | $30.24B | 0.51 | 0.52 | 0.50 | 0.49 |
| PPG Industries, Inc. (PPG)vs › | $26.35B | -2.10 | 0.89 | 1.03 | 1.07 |
| Dow Inc. (DOW)vs › | $22.87B | 1.22 | 1.12 | 0.98 | 1.06 |
| International Flavors & Fragrances Inc. (IFF)vs › | $19.59B | 0.47 | 0.58 | 0.64 | 0.65 |
| DuPont de Nemours, Inc. (DD)vs › | $19.55B | 0.23 | 0.27 | 0.29 | 0.33 |
| Corteva, Inc. (CTVA)vs › | $52.54B | 0.11 | 0.11 | 0.09 | 0.07 |
| CEMEX, S.A.B. de C.V. (CX)vs › | $18.47B | 0.57 | 0.58 | 0.67 | 0.84 |
Financial Health
Debt/Equity
0.47
Current Ratio
3.06
Steel Dynamics, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Steel Dynamics, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The debt to equity ratio for STLD stock is 0.47.
- Is Steel Dynamics, Inc.'s debt to equity ratio high or low?
- Steel Dynamics, Inc.'s debt to equity ratio of 0.47 is in line with its 5-year average of 0.46, around the middle of its 5-year range (0.35–0.71).
- What is the TTM average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The TTM average debt to equity ratio for STLD stock is 0.42.
- What is the 3Y average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The 3Y average debt to equity ratio for STLD stock is 0.39.
- What is the 5Y average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The 5Y average debt to equity ratio for STLD stock is 0.46.
- What is the 10Y average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The 10Y average debt to equity ratio for STLD stock is 0.59.
- What is the 15Y average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The 15Y average debt to equity ratio for STLD stock is 0.72.
- What is the 20Y average debt to equity ratio for Steel Dynamics, Inc. (STLD)?
- The 20Y average debt to equity ratio for STLD stock is 0.78.
Steel Dynamics, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.47 |
| 2024-12-31 | 0.37 |
| 2023-12-31 | 0.35 |
| 2022-12-31 | 0.38 |
| 2021-12-31 | 0.49 |
| 2020-12-31 | 0.71 |
| 2019-12-31 | 0.67 |
| 2018-12-31 | 0.60 |
| 2017-12-31 | 0.71 |
| 2016-12-31 | 0.81 |
| 2015-12-31 | 0.97 |
| 2014-12-31 | 1.02 |
| 2013-12-31 | 0.83 |
| 2012-12-31 | 0.92 |
| 2011-12-31 | 1.03 |
| 2010-12-31 | 1.14 |
| 2009-12-31 | 1.12 |
| 2008-12-31 | 1.63 |
| 2007-12-31 | 1.33 |
| 2006-12-31 | 0.36 |
| 2005-12-31 | 0.50 |
| 2004-12-31 | 0.53 |
| 2003-12-31 | 1.03 |
| 2002-12-31 | 1.06 |
| 2001-12-31 | 1.43 |
| 2000-12-31 | 1.27 |
| 1999-12-31 | 1.29 |
| 1998-12-31 | 1.38 |
| 1997-12-31 | 0.65 |
| 1996-12-31 | 0.78 |
Related Metrics
About Steel Dynamics, Inc.
Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.
- Sector
- Basic Materials
- Industry
- Steel
- CEO
- Mark D. Millett