Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.63.
Forward PE Ratio (13.63) = Close Price ($228.68) / Consensus Forward EPS ($16.78)
FORWARD PE RATIO
13.63
SECTOR MEDIAN · BASIC MATERIALS
19.59
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-30.44%
vs the sector median at left
Steel Dynamics, Inc.
Market Cap
$32.78B
Forward PE Ratio
13.63
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Steel Dynamics, Inc. (STLD) | $32.78B | 13.63 |
| Martin Marietta Materials, Inc. (MLM)vs › | $32.13B | 29.30 |
| Vulcan Materials Company (VMC)vs › | $35.77B | 30.20 |
| Nutrien Ltd. (NTR)vs › | $36.13B | 14.86 |
| PPG Industries, Inc. (PPG)vs › | $25.26B | 14.37 |
| Carpenter Technology Corporation (CRS)vs › | $24.46B | 46.51 |
| Dow Inc. (DOW)vs › | $23.37B | 13.06 |
| Royal Gold, Inc. (RGLD)vs › | $21.98B | 24.62 |
| International Paper Company (IP)vs › | $21.97B | 30.27 |
| LyondellBasell Industries N.V. (LYB)vs › | $21.80B | 7.29 |
Trailing P/E
20.7
reported TTM EPS
Forward P/E
13.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $16.78 implies +52.1% EPS growth vs the reported trailing $11.03.
At today's $228.68 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $16.78 | $15.83 – $18.86 | 9 | 13.6x |
| 2027-12-31 | $19.47 | $17.84 – $21.21 | 8 | 11.7x |
| 2028-12-31 | $18.55 | $14.55 – $24.06 | 5 | 12.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute