Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Steel Dynamics Inc
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, large unequal leg angles, and reinforcing steel bars, sta… Read full Trend Edge analysis →
Sector: Basic Materials
Industry: Steel
Exchange: NASDAQ
IPO Date: November 21, 1996
Headquarters: 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804
Founder-Led: Yes — Mark Millett (Co-Founder, Chairman & CEO)
Key Metrics
Current Price
$258.22
Market Cap
$33.43B
Float
134.4M
Shares Outstanding
144.2M
P/E (Forward)
17.36
P/E (TTM)
24.82
Price/Sales (TTM)
1.76
vs. Analyst Target
-7.5% to analyst PT
Profit Margin
7.22%
Operating Margin (TTM)
10.34%
Revenue (TTM)
$19.01B
Earnings Growth (YoY)
93.10%
Dividend Rate
2.1%
Analyst Target Price
$238.82 (14 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$9.60B
$551M
$1.43B
$1.13B
2021
$18.41B
$3.21B
$5.36B
$4.61B
2022
$22.26B
$3.86B
$6.12B
$5.50B
2023
$18.80B
$2.45B
$4.05B
$3.15B
2024
$17.54B
$1.54B
$2.80B
$2.52B
2025
$18.18B
$1.19B
$2.36B
$2.11B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$4.57B
$299M
Sep 2025
$4.83B
$404M
Dec 2025
$4.41B
$266M
Mar 2026
$5.20B
$403M
Ownership & Float
Insider Ownership
6.6%
Institutional Ownership
87.2%
Short Float
2.7%
% of All Funds Holding
10.77%
Number of Funds Holding
885
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$216.08
Near-term / short-term trend
Weekly
40-Week SMA
$176.79
Medium-term trend
Weekly
80-Week SMA
$152.09
Cyclical trend (business cycle)
Weekly
200-Week SMA
$128.44
Secular trend (multi-year)
Monthly
10-Month SMA
$180.40
Near-term monthly trend
Monthly
20-Month SMA
$154.53
Medium-term monthly trend
Monthly
40-Month SMA
$136.84
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$115.00
support
1.23x
15 months ago
Historical Earnings Reactions (118 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.52%
0.45%
66.10%
8.46%
-4.69%
1 Day
0.78%
0.52%
54.24%
22.65%
-8.42%
1 Week
2.59%
2.04%
64.41%
28.38%
-11.73%
2 Weeks
3.30%
2.59%
65.25%
62.89%
-15.07%
1 Month
2.83%
3.36%
64.96%
35.86%
-29.47%
Next earnings: July 10, 2026 (43 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
5.7%
53.3%
30
Feb
2.7%
60.0%
30
Mar
2.2%
56.7%
30
Apr
3.7%
66.7%
30
May
-0.8%
44.8%
29
Jun
-0.8%
37.9%
29
Jul
5.6%
75.9%
29
Aug
-3.9%
41.4%
29
Sep
-3.2%
44.8%
29
Oct
5.0%
69.0%
29
Nov
3.7%
65.5%
29
Dec
2.2%
63.3%
30
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.02%
48.6%
1395
Tuesday
0.22%
51.7%
1525
Wednesday
0.07%
49.6%
1522
Thursday
0.05%
48.7%
1492
Friday
0.17%
50.5%
1486
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 87.2%
Insider Transactions — Smart Summary
Total insider ownership: 6.6%
Founder-led management: Mark Millett (Co-Founder, Chairman & CEO)
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The analysis covers five layers:
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