Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.00 as of Thursday, August 6, 2026.
Forward PE Ratio (16.00) = Close Price ($265.96) / Consensus Forward EPS ($16.63)
FORWARD PE RATIO
16.00
SECTOR MEDIAN · BASIC MATERIALS
20.03
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-20.12%
vs the sector median at left
Steel Dynamics, Inc.
Market Cap
$38.12B
Forward PE Ratio
16.00
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Steel Dynamics, Inc. (STLD) | $38.12B | 16.00 |
| Vulcan Materials Company (VMC)vs › | $37.16B | 31.44 |
| Martin Marietta Materials, Inc. (MLM)vs › | $33.24B | 29.87 |
| Nutrien Ltd. (NTR)vs › | $32.12B | 12.08 |
| Carpenter Technology Corporation (CRS)vs › | $28.34B | 53.88 |
| PPG Industries, Inc. (PPG)vs › | $26.48B | 15.11 |
| Corteva, Inc. (CTVA)vs › | $52.62B | 20.90 |
| International Flavors & Fragrances Inc. (IFF)vs › | $22.48B | N/A |
| International Paper Company (IP)vs › | $22.37B | 30.52 |
| Reliance Steel & Aluminum Co. (RS)vs › | $21.50B | 18.00 |
Trailing P/E
24.1
reported TTM EPS
Forward P/E
16.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $16.63 implies +50.8% EPS growth vs the reported trailing $11.03.
At today's $265.96 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 | $16.63 | $15.68 – $18.69 | 8 | 16.0x |
| 2027-12-31 | $19.34 | $17.72 – $21.07 | 8 | 13.8x |
| 2028-12-31 | $18.55 | $14.55 – $24.06 | 5 | 14.3x |
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
