Steel Dynamics, Inc. (STLD) is a North American steelmaker that produces hot-rolled and flat-rolled steel products, serving industries like construction, automotive, and energy. The next catalyst is Nov 6, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to deliver on its guidance amid rising raw material costs and softening demand.
- Revenue hit $20.69B in 2026, with a net margin of 7.9% and free cash flow of $884.63M (TTM).
- The company has a debt-to-equity ratio of 0.47x, suggesting a balanced capital structure.
- Shareholders’ equity stands at $8.96B, with diluted EPS of $3.69.
The schedule
- Fri6Nov
The Q3 2026 earnings release will provide insight into the company's financial performance and future outlook, with particular emphasis on steel demand and pricing trends. This event is critical for investors looking to gauge the company's ability to navigate market conditions and maintain profitability. The release will include detailed guidance on expected revenue and earnings, which can significantly influence stock price movements.
- Tue9Feb
The Q4 2026 earnings release will offer a comprehensive overview of the company's financial results and future expectations, with a focus on steel demand and pricing trends. This event is essential for assessing the company's performance during the final quarter of the year and its potential to meet or exceed investor expectations. The guidance provided will be a key factor in determining the stock's short-term direction.
- Mon10May
The Q1 2027 earnings release will provide a detailed look at the company's financial performance and guidance for the upcoming quarter, with a focus on steel demand and pricing trends. This event is crucial for investors to understand the company's progress and its ability to adapt to changing market conditions. The results and guidance will play a significant role in shaping the stock's trajectory in the near term.
- Mon9Aug
The Q2 2027 earnings release will deliver the company's financial results and guidance for the second quarter, with a focus on steel demand and pricing trends. This event is vital for evaluating the company's performance and its ability to sustain growth in a dynamic market. The results and outlook will be critical in determining the stock's movement in the short term.
Past
- Fri10Jul
Actual outcome: Bull · $235.51 at outcome
The stock remained flat between the event and outcome dates, closing at $228.42, which was squarely between the bull and bear targets. There were no material updates released regarding the aluminum flat-rolled facility's commercial progress, with news flow limited to the scheduling of the company's Q2 earnings call, resulting in a lack of clear directional momentum.
The stock remained flat between the event and outcome dates, closing at $228.42, which was squarely between the bull and bear targets. There were no material updates released regarding the aluminum flat-rolled facility's commercial progress, with news flow limited to the scheduling of the company's Q2 earnings call, resulting in a lack of clear directional momentum.
- Mon27Apr
Actual outcome: Bull · $235.10 at outcome
Steel Dynamics reported Q1 2026 EPS of $2.79, exactly matching analyst estimates. The stock rallied well past the bull target, driven by broader sector optimism as industry peers highlighted stabilizing steel demand and positive first-quarter trends. This favorable macroeconomic backdrop for steel demand provided the catalyst for the stock's upward momentum.
Steel Dynamics reported Q1 2026 EPS of $2.79, exactly matching analyst estimates. The stock rallied well past the bull target, driven by broader sector optimism as industry peers highlighted stabilizing steel demand and positive first-quarter trends. This favorable macroeconomic backdrop for steel demand provided the catalyst for the stock's upward momentum.
- Sun1Mar
Actual outcome: Bear · $171.78 at outcome
Steel Dynamics shares fell 14.8% and broke below the $175 bear floor, driven by macroeconomic headwinds as surging oil prices and a strong U.S. dollar broadly pressured steel and commodity stocks. This broader sector weakness, along with the recent rejection of an $11 billion joint takeover bid for BlueScope, overshadowed the company's 6% dividend hike and led to a bearish outcome.
Steel Dynamics shares fell 14.8% and broke below the $175 bear floor, driven by macroeconomic headwinds as surging oil prices and a strong U.S. dollar broadly pressured steel and commodity stocks. This broader sector weakness, along with the recent rejection of an $11 billion joint takeover bid for BlueScope, overshadowed the company's 6% dividend hike and led to a bearish outcome.
- Fri27Feb
Actual outcome: Bear · $172.63 at outcome
Steel Dynamics reported Q4 EPS of $1.83, matching consensus estimates exactly. Despite meeting headline expectations, the stock fell 10.6% over the following weeks as investors digested the results and forward guidance. The post-earnings sell-off reflects market disappointment with the company's near-term outlook and broader steel market dynamics, overshadowing the in-line quarter.
Steel Dynamics reported Q4 EPS of $1.83, matching consensus estimates exactly. Despite meeting headline expectations, the stock fell 10.6% over the following weeks as investors digested the results and forward guidance. The post-earnings sell-off reflects market disappointment with the company's near-term outlook and broader steel market dynamics, overshadowing the in-line quarter.
