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Steel DynamicsSTLD +0.04%88 3-Year Share Buyback Ratio is 5.70 as of Jun. 2026, which is 2750% above its 10-year median of 0.20. GuruFocus rates STLD with a GF Score™ of 88/100 and a GF Value™ of $168.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 282 Steel companies, Steel Dynamics ranks better than 97.52% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Steel Dynamics's current 3-Year Share Buyback Ratio was 5.70%.
The historical rank and industry rank for Steel Dynamics's 3-Year Share Buyback Ratio or its related term are showing as below:
STLD'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -6.3 Med: 0.2 Max: 8.8
Current: 5.7
During the past 13 years, Steel Dynamics's highest 3-Year Share Buyback Ratio was 8.80%. The lowest was -6.30%. And the median was 0.20%.
STLD's 3-Year Share Buyback Ratio is ranked better than 97.52% of 282
companies
in the Steel industry
Industry Median: -0.9
vs STLD: 5.70
Steel Dynamics (NAS:STLD) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Steel Dynamics 3-Year Share Buyback Ratio Related Terms
STLD vs RS, NUE, TX: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Steel Dynamics's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Dynamics's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Steel Dynamics's 3-Year Share Buyback Ratio falls into.
Steel Dynamics 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 5.70 mean?
Steel Dynamics (STLD) has a 3-Year Share Buyback Ratio of 5.70 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Steel Dynamics and its competitors. This is 2750% above median its historical median of 0.20. According to the industry distribution chart, Steel Dynamics ranks #7 out of 282 companies in the Steel industry, placing it in the top 2.5%.
Is Steel Dynamics' 3-Year Share Buyback Ratio too high?
Steel Dynamics' current 3-Year Share Buyback Ratio of 5.70 is 2750% above median its 10-year median of 0.20. Based on the distribution chart, Steel Dynamics ranks #7 out of 282 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Steel Dynamics has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Dynamics' 3-Year Share Buyback Ratio compare to RS and NUE?
According to the Steel industry distribution chart, Steel Dynamics ranks #7 out of 282 companies for 3-Year Share Buyback Ratio. This places Steel Dynamics in the top 3% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Steel Dynamics and its competitors. Steel Dynamics's current 3-Year Share Buyback Ratio is 5.70, which is 2750% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Steel Dynamics (STLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $168.95, compared to a current price of $259.85 — trading 53.8% above its estimated fair value. The current 3-Year Share Buyback Ratio is 5.70, which is 2750% above median its 10-year median of 0.20. Steel Dynamics' overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Steel Dynamics (STLD), the current 3-Year Share Buyback Ratio is 5.70 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Steel Dynamics (STLD) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Dynamics stock appears to be overvalued.
The current stock price of $259.85 is trading 53.8% above its estimated GF Value™ of $168.95.
GuruFocus considers Steel Dynamics to be Significantly Overvalued.
Key valuation signals for STLD:
3-Year Share Buyback Ratio: 5.70 (2750% above median its 10-year median of 0.20)
GF Value™: $168.95 vs. price of $259.85 (53.8% above fair value)
No single metric tells the full story. See the STLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
88GF Score
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