Steel Dynamics, Inc. (STLD) Operating Margin: 9.41%
Is Steel Dynamics, Inc.’s operating margin high or low?
Steel Dynamics, Inc.'s operating margin of 9.41% is 38% below its 5-year average of 15.17%, near the low end of its 5-year range (8.12%–23.36%).
As of Saturday, June 20, 2026. 1.98% below its 12-month average of 9.60%.
STLD Operating Margin Chart
STLD Average Operating Margin Chart
STLD Current vs Average Operating Margin Chart
STLD Operating Margin Metrics
OPERATING MARGIN
9.41%
OPERATING MARGIN AVG TTM
9.60%
OPERATING MARGIN AVG 3Y
14.71%
OPERATING MARGIN AVG 5Y
15.17%
OPERATING MARGIN AVG 10Y
12.24%
OPERATING MARGIN AVG 15Y
8.27%
OPERATING MARGIN AVG 20Y
10.94%
CURRENT VS TTM AVG
-1.98%
CURRENT VS 3Y AVG
-36.03%
CURRENT VS 5Y AVG
-37.97%
CURRENT VS 10Y AVG
-23.10%
CURRENT VS 15Y AVG
+13.82%
CURRENT VS 20Y AVG
-13.96%
STLD Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Steel Dynamics, Inc. (STLD) | $36.04B | 9.41% | 9.60% | 14.71% | 15.17% |
| Martin Marietta Materials, Inc. (MLM)vs › | $36.58B | 22.74% | 32.34% | 26.96% | 24.51% |
| Vulcan Materials Company (VMC)vs › | $39.30B | 20.62% | 19.23% | 17.45% | 17.74% |
| Nutrien Ltd. (NTR)vs › | $30.24B | 14.15% | 12.88% | 16.89% | 14.85% |
| PPG Industries, Inc. (PPG)vs › | $26.35B | 12.80% | 14.04% | 12.82% | 12.37% |
| Dow Inc. (DOW)vs › | $22.87B | -2.31% | 2.73% | 5.11% | 6.91% |
| International Flavors & Fragrances Inc. (IFF)vs › | $19.59B | 7.56% | 7.20% | -3.66% | 0.25% |
| DuPont de Nemours, Inc. (DD)vs › | $19.55B | 15.35% | 13.66% | 14.27% | 14.36% |
| Corteva, Inc. (CTVA)vs › | $52.54B | 16.26% | 13.73% | 12.69% | 10.85% |
| CEMEX, S.A.B. de C.V. (CX)vs › | $18.47B | 12.07% | 11.22% | 10.89% | 8.53% |
Operating Efficiency
Gross Margin
14.0%
Operating Margin
9.4%
Steel Dynamics, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Steel Dynamics, Inc. Operating Margin FAQ
- What is the operating margin for Steel Dynamics, Inc. (STLD)?
- The operating margin for STLD stock is 9.41%.
- Is Steel Dynamics, Inc.'s operating margin high or low?
- Steel Dynamics, Inc.'s operating margin of 9.41% is 38% below its 5-year average of 15.17%, near the low end of its 5-year range (8.12%–23.36%).
- What is the TTM average operating margin for Steel Dynamics, Inc. (STLD)?
- The TTM average operating margin for STLD stock is 9.60%.
- What is the 3Y average operating margin for Steel Dynamics, Inc. (STLD)?
- The 3Y average operating margin for STLD stock is 14.71%.
- What is the 5Y average operating margin for Steel Dynamics, Inc. (STLD)?
- The 5Y average operating margin for STLD stock is 15.17%.
- What is the 10Y average operating margin for Steel Dynamics, Inc. (STLD)?
- The 10Y average operating margin for STLD stock is 12.24%.
- What is the 15Y average operating margin for Steel Dynamics, Inc. (STLD)?
- The 15Y average operating margin for STLD stock is 8.27%.
- What is the 20Y average operating margin for Steel Dynamics, Inc. (STLD)?
- The 20Y average operating margin for STLD stock is 10.94%.
Steel Dynamics, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 8.12% |
| 2024-12-31 | 11.08% |
| 2023-12-31 | 16.77% |
| 2022-12-31 | 22.87% |
| 2021-12-31 | 23.36% |
| 2020-12-31 | 8.82% |
| 2019-12-31 | 9.43% |
| 2018-12-31 | 14.57% |
| 2017-12-31 | 11.18% |
| 2016-12-31 | 9.36% |
| 2015-12-31 | -0.96% |
| 2014-12-31 | 3.66% |
| 2013-12-31 | 5.24% |
| 2012-12-31 | 5.37% |
| 2011-12-31 | 7.31% |
| 2010-12-31 | 5.79% |
| 2009-12-31 | 3.02% |
| 2008-12-31 | 10.58% |
| 2007-12-31 | 15.76% |
| 2006-12-31 | 20.35% |
| 2005-12-31 | 18.00% |
| 2004-12-31 | 23.63% |
| 2003-12-31 | 9.79% |
| 2002-12-31 | 18.96% |
| 2001-12-31 | 4.27% |
| 2000-12-31 | 15.22% |
| 1999-12-31 | 14.35% |
| 1998-12-31 | 12.67% |
| 1997-12-31 | 15.52% |
| 1996-12-31 | 7.21% |
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