SuperworthSteel Dynamics profit margin STLD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 7.8%
- Operating margin, 12 months
- 10.0%
- Net margin on a year earlier
- +1.8 pts
- Peer median
- 8.0%
Over the twelve months to Jun 30, 2026, Steel Dynamics kept 7.8% of its revenue as net profit, with an operating margin of 10.0% and a gross margin of 14.7%.
Five years earlier its net margin was 11.0%.
The median for 3 steel stocks of a similar size is 8.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 6.5% | 8.1% | 13.2% |
| FY2024 | 8.8% | 11.1% | 16.0% |
| FY2023 | 13.0% | 16.8% | 21.5% |
| FY2022 | 17.4% | 22.9% | 27.5% |
| FY2021 | 17.5% | 23.4% | 29.1% |
| FY2020 | 5.7% | 8.8% | 14.9% |
| FY2019 | 6.4% | 9.4% | 14.6% |
| FY2018 | 10.6% | 14.6% | 19.6% |
| FY2017 | 8.5% | 11.2% | 16.6% |
| FY2016 | 4.9% | 9.4% | 17.2% |
| FY2015 | −1.7% | −1.0% | 9.6% |
| FY2014 | 1.8% | 3.7% | 11.0% |
| FY2013 | 2.6% | 5.2% | 9.8% |
| FY2012 | 2.2% | 5.4% | 9.9% |
| FY2011 | 3.5% | 7.3% | 11.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.8% | +1.8 pts | 10.0% | |
| Q1 FY26 | 7.2% | +0.4 pts | 9.1% | |
| Q4 FY25 | 6.5% | −2.2 pts | 8.1% | |
| Q3 FY25 | 6.4% | −3.4 pts | 8.0% | |
| Q2 FY25 | 6.1% | −5.0 pts | 7.5% | |
| Q1 FY25 | 6.8% | −6.1 pts | 8.5% | |
| Q4 FY24 | 8.8% | −4.3 pts | 11.1% | |
| Q3 FY24 | 9.8% | −3.9 pts | 12.4% | |
| Q2 FY24 | 11.1% | −3.6 pts | 14.1% | |
| Q1 FY24 | 12.9% | −2.8 pts | 16.5% | |
| Q4 FY23 | 13.0% | −4.3 pts | 16.8% | |
| Q3 FY23 | 13.7% | −5.3 pts | 17.5% |
Against its peers
Companies in Steel nearest Steel Dynamics' size, closest first, today.
| Company | Profit margin |
|---|---|
| STLDSteel Dynamics | 7.8% |
| RSReliance Steel & Aluminum | 5.7% |
| NUENucor | 8.0% |
| CRSCarpenter Technology | 17.0% |
| Peer median | 8.0% |
Where Steel Dynamics ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Steel Dynamics
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.