Steel Dynamics EV/EBIT STLD

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.

Today, Oct 23, 2026: 18.5×
10-year median: 8.4×
Against its 10-year history: 92nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.4× to 25.4×
Peer median: 17.9×

Steel Dynamics' EV/EBIT is 18.5× as of Oct 23, 2026.

That is above its ten-year median of 8.4×, higher than on 92% of days in the last ten years.

Over that time it ranged from 2.4× in Sep 2022 to 25.4× in Jun 2026.

The median for 3 steel stocks of a similar size is 17.9×.

EV/EBIT over time

median 8.4×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	18.5×	17.6×	25.4×
2025	20.3×	8.6×	20.3×
2024	8.8×	5.6×	11.0×
2023	5.8×	3.3×	6.1×
2022	3.1×	2.4×	4.9×
2021	4.5×	4.3×	14.5×
2020	11.7×	5.0×	12.4×
2019	7.3×	4.1×	7.4×
2018	5.2×	5.2×	12.5×
2017	10.9×	8.7×	14.5×
2016	14.0×	12.1×	22.1×
2015	13.1×	11.5×	15.0×
2014	14.7×	13.8×	17.6×
2013	16.2×	12.3×	17.2×
2012	12.3×	7.8×	12.6×
2011	8.5×	7.8×	13.3×

Against its peers

Companies in Steel nearest Steel Dynamics' size, closest first, today.

Company	EV/EBIT
STLDSteel Dynamics	18.5×
RSReliance Steel & Aluminum	17.9×
NUENucor	15.4×
CRSCarpenter Technology	19.6×
Peer median	17.9×

Where Steel Dynamics ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Steel Dynamics

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.