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STLD (Steel Dynamics) Debt-to-Equity : 0.36 (As of Dec. 2024)


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What is Steel Dynamics Debt-to-Equity?

Steel Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $427 Mil. Steel Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,804 Mil. Steel Dynamics's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $8,934 Mil. Steel Dynamics's debt to equity for the quarter that ended in Dec. 2024 was 0.36.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Steel Dynamics's Debt-to-Equity or its related term are showing as below:

STLD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.64   Max: 0.97
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Steel Dynamics was 0.97. The lowest was 0.35. And the median was 0.64.

STLD's Debt-to-Equity is ranked better than
56.12% of 556 companies
in the Steel industry
Industry Median: 0.425 vs STLD: 0.36

Steel Dynamics Debt-to-Equity Historical Data

The historical data trend for Steel Dynamics's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steel Dynamics Debt-to-Equity Chart

Steel Dynamics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.49 0.38 0.35 0.36

Steel Dynamics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.34 0.33 0.41 0.36

Competitive Comparison of Steel Dynamics's Debt-to-Equity

For the Steel subindustry, Steel Dynamics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Steel Dynamics's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Dynamics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Steel Dynamics's Debt-to-Equity falls into.


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Steel Dynamics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steel Dynamics's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Steel Dynamics's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Steel Dynamics  (NAS:STLD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Steel Dynamics Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Steel Dynamics's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Dynamics Business Description

Traded in Other Exchanges
Address
7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
Executives
Glenn Pushis officer: Senior Vice President 4500 COUNTY ROAD 59, BUTLER IN 46721
Richard A Poinsatte officer: Senior Vice President 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Miguel Alvarez officer: Senior Vice President 7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson officer: Senior Vice President 203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Gabriel Shaheen director 1540 PARILLA CIRCLE, TRINITY FL 34655
Christopher A Graham officer: Vice President 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James C Marcuccilli director 127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman director 161 SHAWFORD WAY, LAKE FOREST IL 60045
Jennifer L Hamann director 1400 DOUGLAS STREET, OMAHA NE 68130
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Luis Manuel Sierra director 1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Mark D Millett director, officer: President and CEO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler officer: Executive Vice President & CFO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn officer: Executive Vice President 7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603