STLD Steel Dynamics, Inc. - Common Stock
NASDAQ · Metals & Mining · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 28, 2026
$231.99
· of 52w range
· above low
· to high
$140.8752w low
$288.7452w high
Market Cap (MRQ)
$33.32B
P/E (TTM)
21.1
EPS (TTM)
$11.01
Revenue (TTM)
$20.54B
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52W Range
$141–$289
Analyst Rating
BUY
Price Target
$271
P/E
21.1
ROE
17.6%
Net Profit Margin
7.8%
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STLD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$231.99
Market Cap (MRQ)
$33.32B
P/E (TTM)
21.1
EPS (TTM)
$11.01
Revenue (TTM)
$20.54B
Div Yield
0.87%
ROE (TTM)
17.6%
Debt/Equity (MRQ)
0.4
52W Range
$141–$289
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| March 31, 2008 | 2-for-1 | Forward |
| Nov. 21, 2006 | 2-for-1 | Forward |
About Steel Dynamics, Inc. - Common Stock Company overview from Wikipedia
Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the Fortune 500.
History
Steel Dynamics was founded in 1993 by three former executives of Nucor with $370 million in funding. It began production at its $275 million Butler, Indiana, flat roll mill in 1996 and reported its first annual profit in 1997.
During the early 2000s recession, the company offered many incentive programs for employees to cut costs and improve standards and outperformed most other steel manufacturers.
In 2007, the company acquired The Techs, three hot-dip galvanization plants in Pittsburgh that coat flat-rolled steel, and OmniSource Corporation, a scrap metal processor and trader.
In 2014, the company acquired Severstal Columbus for $1.625 billion. The acquisition increased the company's production capacity to 11 million tons.
In 2016, the company acquired Vulcan Threaded Products for $126 million.
In 2016, the company began construction of a $100 million facility in Columbus, Mississippi.
In 2017, the company began a $28 million expansion of its Roanoke Bar Division.
In 2017, the company began a $75 million expansion of its Structural and Rail Division.
In 2018, the company acquired the former Kentucky Electric Steel plant in Coalton, Kentucky.
in 2020, production for the Sinton, TX, facility commenced. It is a 2,400-acre complex which is supposed to also house several other businesses who work with SDI in other cities. 3,000 jobs should be created when complete.
Controversies
Clean Air Act violation settlement
In 2021, the company agreed to pay $475,000 in civil penalties and spend $3 million to upgrade air pollution control equipment to reduce air emissions at its facilities in Butler, Indiana. Following on-site inspections, the United States Environmental Protection Agency accused Steel Dynamics of violating the Clean Air Act of 1963.
Price-fixing allegations
The company was accused in a lawsuit of participating in a conspiracy with other steel manufacturers to restrict steel production in 2008. In October 2016, the company settled the case, agreeing to pay $4.6 million.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
sectorMaterials
industryMetals & Mining
employees14,400
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$18.18B2016-12-31 → 2025-12-31
EPS$7.992016-12-31 → 2025-12-31
Free Cash Flow$502M2016-12-31 → 2025-12-31
Net margin7.8%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | STLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 21.15Y avg ≈9.9 | ≈9.9 | 20.2 | Fair value | |
| P/S (TTM) | 1.65Y avg ≈1.0 | ≈1.0 | 1.0 | Overvalued | |
| P/B (MRQ) | 3.55Y avg ≈2.2 | ≈2.2 | 1.9 | Overvalued | |
| EV / EBITDA | 18.35Y avg ≈6.7 | ≈6.7 | 16.4 | Undervalued | |
| Price / FCF (TTM) | 34.95Y avg ≈-131.9 | ≈-131.9 | · | · | |
| Price / Cash Flow (TTM) | 21.25Y avg ≈8.2 | ≈8.2 | 17.3 | Fair value | |
| EV / Revenue | 2.05Y avg ≈1.1 | ≈1.1 | · | · | |
| EV / FCF | 73.95Y avg ≈-151.3 | ≈-151.3 | · | · | |
| Price / Tangible Book (MRQ) | 3.75Y avg ≈2.4 | ≈2.4 | · | · | |
| PEG Ratio | ≈0.8 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | STLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 14.7%5Y avg ≈21.5% | ≈21.5% | · | · | |
| Operating Margin (TTM) | 10.0%5Y avg ≈16.4% | ≈16.4% | 1.7% | Top tier | |
| EBITDA Margin (TTM) | 13.0%5Y avg ≈18.8% | ≈18.8% | 4.2% | Top tier | |
| Pretax Margin (TTM) | 9.8%5Y avg ≈16.4% | ≈16.4% | 7.6% | Top tier | |
| Net Profit Margin (TTM) | 7.8%5Y avg ≈12.7% | ≈12.7% | 7.0% | Top tier | |
| ROA (TTM) | 9.8%5Y avg ≈18.7% | ≈18.7% | 1.2% | Top tier | |
| ROE (TTM) | 17.6%5Y avg ≈34.8% | ≈34.8% | 2.0% | Top tier | |
| ROIC | 8.9%5Y avg ≈22.4% | ≈22.4% | 0.19% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | STLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.45Y avg ≈0.4 | ≈0.4 | 0.1 | High debt | |
| Current Ratio (MRQ) | 3.25Y avg ≈3.1 | ≈3.1 | 2.9 | In line | |
| Quick Ratio | 1.25Y avg ≈1.5 | ≈1.5 | 1.3 | In line | |
| Long-Term Debt / Equity (MRQ) | 0.45Y avg ≈0.4 | ≈0.4 | 0.2 | High debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | STLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 3.6%5Y avg ≈18.8% | ≈18.8% | · | · | |
| Revenue CAGR 3Y | -6.5%5Y avg ≈5.7% | ≈5.7% | · | · | |
| Revenue CAGR 5Y | 13.6% | · | · | · | |
| EPS YoY | -18.8%5Y avg ≈90.7% | ≈90.7% | · | · | |
| Net Income YoY | -22.9%5Y avg ≈77.3% | ≈77.3% | · | · | |
| EPS CAGR 3Y | -27.5%5Y avg ≈12.2% | ≈12.2% | · | · | |
| EPS CAGR 5Y | 25.3% | · | · | · | |
| Net Income CAGR 3Y | -32.5%5Y avg ≈2.7% | ≈2.7% | · | · | |
| Net Income CAGR 5Y | 15.7% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | STLD | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 1.25Y avg ≈1.4 | ≈1.4 | 1.1 | In line | |
| Inventory Turnover | 4.65Y avg ≈4.8 | ≈4.8 | 5.4 | Weak | |
| Receivables Turnover | 11.75Y avg ≈11.6 | ≈11.6 | 9.9 | Top tier | |
| Revenue / Employee | ≈$1.3M | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield0.87%
Payout Ratio24.6%
Annualized Payout≈$2.12
5Y Div CAGR≈14.9%
Growth Streak≈13
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 30, 2026 | $0.53 | USD | ≈0.94% |
| Jun 30, 2026 | $0.53 | USD | ≈0.90% |
| Mar 31, 2026 | $0.53 | USD | ≈1.1% |
| Dec 31, 2025 | $0.50 | USD | ≈1.2% |
| Sep 30, 2025 | $0.50 | USD | ≈1.4% |
| Jun 30, 2025 | $0.50 | USD | ≈1.5% |
| Mar 31, 2025 | $0.50 | USD | ≈1.5% |
| Dec 31, 2024 | $0.46 | USD | ≈1.6% |
| Sep 30, 2024 | $0.46 | USD | ≈1.4% |
| Jun 28, 2024 | $0.46 | USD | ≈1.4% |
| Mar 27, 2024 | $0.46 | USD | ≈1.2% |
| Dec 28, 2023 | $0.43 | USD | ≈1.4% |
| Sep 28, 2023 | $0.43 | USD | ≈1.5% |
| Jun 29, 2023 | $0.43 | USD | ≈1.4% |
| Mar 30, 2023 | $0.43 | USD | ≈1.3% |
| Dec 29, 2022 | $0.34 | USD | ≈1.4% |
| Sep 29, 2022 | $0.34 | USD | ≈1.8% |
| Jun 29, 2022 | $0.34 | USD | ≈1.8% |
| Mar 30, 2022 | $0.34 | USD | ≈1.3% |
| Dec 30, 2021 | $0.26 | USD | ≈1.7% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.10%
Next Report
Oct 19, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 20, 2026 | $3.69 | $3.71 | -0.52% |
| March 31, 2026 | $2.78 | $2.84 | -2.1% | |
| Dec. 31, 2025 | $1.82 | $1.72 | 5.5% | |
| Sept. 30, 2025 | $2.74 | $2.69 | 1.8% | |
| June 30, 2025 | $2.01 | $2.14 | -6.2% | |
| March 31, 2025 | $1.44 | $1.41 | 2.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.18B | $17.54B | $18.80B | $22.26B | $18.41B | $9.60B | $10.46B | $11.82B | $9.54B | $7.78B | $7.59B | $8.76B | |
| Cost of Revenue | $15.78B | $14.74B | $14.75B | $16.14B | $13.05B | $8.17B | $8.93B | $9.50B | $7.96B | $6.44B | $6.86B | $7.79B | |
| Gross Profit | $2.39B | $2.80B | $4.05B | $6.12B | $5.36B | $1.43B | $1.53B | $2.32B | $1.58B | $1.33B | $732M | $966M | |
| SG&A Expense | $765M | $664M | $589M | $546M | $644M | · | · | $600M | $515M | $474M | $376M | $386M | |
| Operating Income | $1.48B | $1.94B | $3.15B | $5.09B | $4.30B | $847M | $987M | $1.72B | $1.07B | $728M | $-73M | $320M | |
| Interest Expense | · | · | $76M | $92M | $57M | $95M | $127M | $127M | $134M | $146M | $154M | $137M | |
| Interest Income | $37M | $90M | $112M | $29M | · | · | · | · | · | · | · | · | |
| Other Non-op | $87M | $96M | $144M | $21M | $-35M | $-47M | $16M | $24M | $3M | $-18M | $-15M | $-18M | |
| Pretax Income | $1.49B | $1.98B | $3.22B | $5.02B | $4.21B | $705M | $875M | $1.62B | $935M | $564M | $-242M | $165M | |
| Income Tax | $306M | $433M | $752M | $1.14B | $962M | $135M | $197M | $364M | $129M | $204M | $-97M | $73M | |
| Net Income | $1.19B | $1.54B | $2.45B | $3.86B | $3.21B | $571M | $678M | $1.26B | $806M | $360M | $-145M | $92M | |
| EPS (Basic) | $8.02 | $9.89 | $14.72 | $21.06 | $15.67 | $2.61 | $3.06 | $5.38 | $3.38 | $1.57 | $-0.54 | $0.68 | |
| EPS (Diluted) | $7.99 | $9.84 | $14.64 | $20.92 | $15.56 | $2.59 | $3.04 | $5.35 | $3.36 | $1.56 | $-0.54 | $0.67 | |
| Shares (Basic) | 147,806,000 | 155,420,000 | 166,552,000 | 183,393,000 | 205,115,000 | 211,140,000 | 219,639,000 | 233,923,000 | 240,132,000 | 243,576,000 | 242,017,000 | 232,547,000 | |
| Shares (Diluted) | 148,404,000 | 156,136,000 | 167,431,000 | 184,622,000 | 206,615,000 | 212,345,000 | 220,748,000 | 235,193,000 | 241,781,000 | 245,298,000 | 242,017,000 | 242,078,000 | |
| EBITDA | $2.03B | $2.42B | $3.59B | $5.48B | $4.65B | $1.17B | $1.31B | $2.04B | $1.37B | $1.02B | $222M | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $770M | $589M | $1.40B | $1.63B | $1.24B | $1.37B | $1.38B | $828M | $1.03B | $841M | $727M | $361M | |
| Short-term Investments | $0 | $148M | $721M | $628M | · | $0 | $262M | $229M | · | · | · | · | |
| Receivables | $1.68B | $1.42B | $1.61B | $2.06B | $1.91B | $968M | $841M | $1.04B | $846M | $704M | $579M | $860M | |
| Inventory | $3.74B | $3.11B | $2.89B | $3.13B | $3.53B | $1.84B | $1.69B | $1.86B | $1.52B | $1.28B | $1.15B | $1.62B | |
| Other Current Assets | $293M | $163M | $163M | $195M | $210M | $74M | $76M | $73M | $92M | $83M | $48M | $56M | |
| Current Assets | $6.48B | $5.43B | $6.79B | $7.64B | $6.90B | $4.26B | $4.25B | $4.03B | $3.51B | $2.93B | $2.54B | $2.94B | |
| PP&E (Net) | $8.57B | $8.12B | $6.73B | $5.37B | $4.75B | $4.11B | $3.14B | $2.95B | $2.68B | $2.79B | $2.95B | $3.12B | |
| PP&E (Gross) | $13.62B | $12.72B | $10.93B | $9.22B | $8.26B | $7.33B | $6.12B | $5.68B | $5.17B | $5.07B | $5.08B | $5.01B | |
| Accum. Depreciation | $5.05B | $4.60B | $4.20B | $3.85B | $3.51B | $3.23B | $2.99B | $2.74B | $2.49B | $2.28B | $2.13B | $1.89B | |
| Goodwill | $477M | $477M | $477M | $502M | $454M | $457M | $453M | $430M | $387M | $393M | $397M | $745M | |
| Intangibles | $331M | $227M | $258M | $268M | $295M | $325M | $328M | $270M | $257M | $284M | $279M | $371M | |
| Other Non-current Assets | $557M | $681M | $651M | $379M | $130M | $120M | $106M | $25M | $28M | $11M | $17M | $36M | |
| Total Assets | $16.42B | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B | $6.86B | $6.42B | $6.20B | $7.23B | |
| Accounts Payable | · | · | · | $1.01B | $1.27B | $761M | $510M | $537M | $474M | $382M | $277M | $490M | |
| Accrued Liabilities | $427M | $367M | $309M | $341M | $296M | $179M | $175M | $147M | $125M | $114M | $100M | $108M | |
| Current Liabilities | $2.12B | $2.15B | $2.33B | $2.03B | $2.23B | $1.26B | $1.01B | $1.02B | $869M | $713M | $535M | $851M | |
| Capital Leases | $147M | $94M | $107M | $92M | $82M | $73M | $58M | · | · | · | · | · | |
| Deferred Tax | $1.00B | $902M | $945M | $889M | $855M | $536M | $484M | $436M | $306M | $448M | $401M | $506M | |
| Other Non-current Liabilities | $186M | $133M | $181M | $130M | $120M | $106M | $75M | $9M | $22M | $21M | $17M | $19M | |
| Total Liabilities | $7.49B | $5.99B | $6.07B | $6.06B | $6.21B | $4.92B | $4.21B | $3.82B | $3.55B | $3.54B | $3.53B | $4.31B | |
| Long-term Debt | $4.20B | $3.23B | $3.07B | $3.07B | $3.11B | $3.10B | $2.73B | $2.38B | $2.38B | $2.36B | $2.59B | $2.98B | |
| Total Debt | $4.21B | $3.23B | $3.07B | $3.07B | $3.11B | $3.10B | $2.73B | $2.38B | $2.38B | $2.36B | $2.59B | · | |
| Common Stock | $653.0K | $652.0K | $651.0K | $650.0K | $649.0K | $648.0K | $646.0K | $645.0K | $644.0K | $641.0K | $638.0K | $635.0K | |
| Retained Earnings | $15.69B | $14.80B | $13.55B | $11.38B | $7.76B | $4.76B | $4.42B | $3.96B | $2.87B | $2.21B | $1.97B | $2.23B | |
| Treasury Stock | $7.98B | $7.09B | $5.90B | $4.46B | $2.67B | $1.62B | $1.53B | $1.18B | $665M | $417M | $396M | $399M | |
| AOCI | $-598.0K | · | $421.0K | $889.0K | $-2M | $2M | $-7.0K | $301.0K | · | · | · | · | |
| Stockholders' Equity | $8.96B | $8.93B | $8.87B | $8.13B | $6.30B | $4.35B | $4.08B | $3.94B | $3.35B | $2.93B | $2.68B | $2.91B | |
| Liabilities + Equity | $16.42B | $14.94B | $14.91B | $14.16B | $12.53B | $9.27B | $8.28B | $7.70B | $6.86B | $6.42B | $6.20B | $7.23B | |
| Shares Outstanding | 144,940,102 | 151,117,153 | 160,018,000 | 172,936,000 | 194,998,000 | 210,914,000 | 214,503,000 | 225,272,000 | 237,397,000 | 243,785,000 | 243,090,000 | 241,449,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $551M | $479M | $438M | $384M | $348M | $326M | $321M | $317M | $299M | $296M | $295M | $263M | |
| Stock-based Comp | $69M | $67M | $62M | $59M | $58M | $56M | $48M | $43M | $36M | $32M | $30M | $24M | |
| Deferred Tax | $95M | $-43M | $56M | $34M | $319M | $46M | $48M | $59M | $-140M | $51M | $-103M | $-21M | |
| Amort. of Intangibles | $28M | $31M | $34M | $28M | $29M | $29M | $30M | $28M | $29M | $29M | $24M | $26M | |
| Other Non-cash | $-452M | $-196M | $514M | $103M | $-1.77B | $-11M | $301M | $-260M | $-261M | $114M | $970M | · | |
| Operating Cash Flow | $1.45B | $1.84B | $3.52B | $4.46B | $2.20B | $987M | $1.40B | $1.42B | $739M | $853M | $1.05B | $628M | |
| CapEx | $948M | $1.87B | $1.66B | $909M | $1.01B | $1.20B | $452M | $239M | $165M | $198M | $115M | $112M | |
| Investing Cash Flow | $-975M | $-1.30B | $-1.97B | $-1.88B | $-999M | $-993M | $-577M | $-895M | $-139M | $-313M | · | · | |
| Stock Repurchased | $901M | $1.21B | $1.45B | $1.80B | $1.06B | $107M | $349M | $524M | $252M | $25M | · | · | |
| Net Stock Activity | $-901M | $-1.21B | $-1.45B | $-1.80B | $-1.06B | $-107M | $-349M | $-524M | $-252M | $-25M | · | · | |
| Dividends Paid | $291M | $283M | $271M | $237M | $213M | $209M | $200M | $169M | $146M | $136M | $128M | $105M | |
| Financing Cash Flow | $-294M | $-1.35B | $-1.78B | $-2.20B | $-1.33B | $-7M | $-267M | $-721M | $-413M | $-425M | · | · | |
| Net Change in Cash | $180M | $-811M | $-227M | $385M | $-125M | $-13M | $553M | $-201M | $187M | $114M | · | · | |
| Taxes Paid | $152M | $464M | $643M | $1.06B | $737M | $50M | $156M | $288M | $296M | $160M | $-10M | $121M | |
| Free Cash Flow | $502M | $-24M | $1.86B | $3.55B | $1.20B | $-211M | $944M | $1.18B | $575M | $655M | $924M | · | |
| Levered FCF | · | · | $1.80B | $3.48B | $1.15B | $-288M | $846M | $1.08B | $459M | $561M | $832M | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.2% | 16.0% | 21.5% | 27.5% | 29.1% | 14.9% | 14.6% | 19.7% | 16.6% | 17.2% | 9.6% | · | |
| Operating Margin | 8.1% | 11.1% | 16.8% | 22.9% | 23.4% | 8.8% | 9.4% | 14.6% | 11.2% | 9.4% | -0.96% | · | |
| Net Margin | 6.5% | 8.8% | 13.0% | 17.4% | 17.6% | 5.9% | 6.5% | 10.6% | 8.5% | 4.6% | -1.9% | · | |
| Pretax Margin | 8.2% | 11.3% | 17.1% | 22.6% | 22.9% | 7.3% | 8.4% | 13.7% | 9.8% | 7.2% | -3.2% | · | |
| EBITDA Margin | 11.2% | 13.8% | 19.1% | 24.6% | 25.2% | 12.2% | 12.5% | 17.2% | 14.3% | 13.2% | 2.9% | · | |
| ROA | 7.6% | 10.3% | 16.9% | 29.1% | 29.8% | 6.5% | 8.5% | 17.2% | 12.1% | 5.7% | -2.2% | · | |
| ROE | 13.2% | 17.3% | 28.8% | 53.8% | 61.0% | 13.6% | 16.9% | 34.5% | 25.7% | 12.8% | -5.2% | · | |
| ROIC | 8.9% | 12.5% | 20.2% | 35.1% | 35.3% | 9.2% | 11.2% | 21.2% | 16.0% | 8.8% | -0.83% | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.1 | 2.5 | 2.9 | 3.8 | 3.1 | 3.4 | 4.2 | 4.0 | 4.0 | 4.1 | 4.7 | · | |
| Quick Ratio | 1.2 | 1.0 | 1.6 | 2.1 | 1.4 | 1.9 | 2.5 | 2.1 | 2.2 | 2.2 | 2.4 | · | |
| Debt / Equity | 0.5 | 0.4 | 0.3 | 0.4 | 0.5 | 0.7 | 0.7 | 0.6 | 0.7 | 0.8 | 1.0 | · | |
| LT Debt / Equity | 0.5 | 0.3 | 0.3 | 0.4 | 0.5 | 0.7 | 0.6 | 0.6 | 0.7 | 0.8 | 1.0 | · | |
| Interest Coverage | · | · | 41.2 | 55.6 | 75.2 | 8.9 | 7.8 | 13.6 | 7.9 | 5.0 | -0.5 | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.2 | 1.2 | 1.3 | 1.7 | 1.7 | 1.1 | 1.3 | 1.6 | 1.4 | 1.2 | 1.2 | · | |
| Inventory Turnover | 4.6 | 4.9 | 4.9 | 4.8 | 4.9 | 4.6 | 5.0 | 5.6 | 5.7 | 5.3 | 5.0 | · | |
| Receivables Turnover | 11.7 | 11.6 | 10.3 | 11.5 | 12.8 | 10.6 | 11.1 | 12.5 | 12.3 | 12.1 | 10.6 | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $61.80 | $59.12 | $55.41 | $47.01 | $32.33 | $20.60 | $19.00 | $17.47 | $14.12 | $12.01 | $11.02 | · | |
| Revenue / Share | $122.48 | $112.34 | $112.26 | $120.57 | $89.10 | $45.22 | $47.41 | $50.26 | $39.45 | $31.70 | $31.38 | · | |
| Cash Flow / Share | $9.77 | $11.81 | $21.02 | $24.16 | $10.67 | $4.65 | $6.33 | $6.02 | $3.06 | $3.48 | $4.29 | · | |
| Cash / Share | $5.31 | $3.90 | $8.75 | $9.42 | $6.38 | $6.49 | $6.44 | $3.68 | $4.33 | $3.45 | $2.99 | · | |
| Dividend / Share | $2.00 | $1.84 | $1.70 | $1.36 | $1.04 | $1.00 | $0.96 | $0.75 | $0.62 | $0.56 | $0.55 | $0.46 | |
| EPS (TTM) | $7.99 | $9.84 | $14.64 | $20.92 | $15.56 | $2.59 | $3.04 | $5.35 | $3.36 | $1.56 | $-0.54 | $0.67 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 3.6% | -6.7% | -15.6% | 20.9% | 91.7% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -6.5% | -1.6% | 25.1% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 13.6% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -18.8% | -32.8% | -30.0% | 34.4% | 500.8% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -27.5% | -14.2% | 78.1% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 25.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -22.9% | -37.3% | -36.5% | 20.2% | 463.0% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -32.5% | -21.8% | 62.5% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 15.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 6.8% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $18.18B | $17.54B | $18.80B | $22.26B | $18.41B | $9.60B | $10.46B | $11.82B | $9.54B | $7.78B | $7.59B | $8.76B | |
| Net Income TTM | $1.19B | $1.54B | $2.45B | $3.86B | $3.21B | $571M | $678M | $1.26B | $806M | $360M | $-145M | $92M | |
| Market Cap | $24.56B | $17.24B | $18.90B | $16.90B | $12.10B | $7.78B | $7.30B | $6.77B | $10.24B | $8.67B | $4.34B | · | |
| Enterprise Value | $28.00B | $19.73B | $19.85B | $17.71B | $13.97B | $9.51B | $8.39B | $8.09B | $11.59B | $10.19B | $6.21B | · | |
| P/E | 21.2 | 11.6 | 8.1 | 4.7 | 4.0 | 14.2 | 11.2 | 5.6 | 12.8 | 22.8 | -33.1 | 29.5 | |
| P/S | 1.4 | 1.0 | 1.0 | 0.8 | 0.7 | 0.8 | 0.7 | 0.6 | 1.1 | 1.1 | 0.6 | · | |
| P/B | 2.7 | 1.9 | 2.1 | 2.1 | 1.9 | 1.8 | 1.8 | 1.7 | 3.1 | 3.0 | 1.6 | · | |
| P / Tangible Book | 3.0 | 2.1 | 2.3 | 2.3 | 2.2 | 2.2 | · | · | · | · | · | · | |
| P / Cash Flow | 16.9 | 9.3 | 5.4 | 3.8 | 5.5 | 7.9 | 5.2 | 4.8 | 13.8 | 10.2 | 4.2 | · | |
| P / FCF | 49.0 | -733.4 | 10.1 | 4.8 | 10.1 | -36.9 | 7.7 | 5.8 | 17.8 | 13.3 | 4.7 | · | |
| EV / EBITDA | 13.8 | 8.1 | 5.5 | 3.2 | 3.0 | 8.1 | 6.4 | 4.0 | 8.5 | 9.9 | 28.0 | · | |
| EV / FCF | 55.8 | -839.5 | 10.7 | 5.0 | 11.7 | -45.1 | 8.9 | 6.9 | 20.2 | 15.6 | 6.7 | · | |
| EV / Revenue | 1.5 | 1.1 | 1.1 | 0.8 | 0.8 | 1.0 | 0.8 | 0.7 | 1.2 | 1.3 | 0.8 | · | |
| Dividend Yield | 1.2% | 1.6% | 1.4% | 1.4% | 1.8% | 2.7% | 2.7% | 2.5% | 1.4% | 1.6% | 2.9% | · | |
| Earnings Yield | 4.7% | 8.6% | 12.4% | 21.4% | 25.1% | 7.0% | 8.9% | 17.8% | 7.8% | 4.4% | -3.0% | 3.4% | |
| Payout Ratio | 24.6% | 18.4% | 11.1% | 6.1% | 6.6% | 36.7% | 29.5% | 13.5% | 18.1% | 37.7% | -87.9% | · | |
| Annual Payout | $291M | $283M | $271M | $237M | $213M | $209M | $200M | $169M | $146M | $136M | $128M | $105M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.09B | $5.20B | $4.41B | $4.83B | $4.57B | $4.37B | $3.87B | $4.34B | $4.63B | $4.69B | $4.23B | $4.59B | $5.08B | $4.89B | $4.83B | $5.65B | |
| Cost of Revenue | $5.13B | $4.44B | $3.88B | $4.07B | $3.95B | $3.88B | $3.43B | $3.74B | $3.86B | $3.71B | $3.50B | $3.64B | $3.77B | $3.84B | $3.84B | $4.19B | |
| Gross Profit | $959M | $763M | $529M | $758M | $618M | $487M | $442M | $605M | $775M | $981M | $731M | $952M | $1.31B | $1.06B | $988M | $1.46B | |
| SG&A Expense | $193M | $175M | $185M | $201M | $198M | $182M | $177M | $168M | $160M | $160M | $157M | $146M | $141M | $144M | · | · | |
| Operating Income | $700M | $538M | $310M | $508M | $383M | $275M | $238M | $395M | $559M | $751M | $519M | $734M | $1.06B | $835M | $759M | $1.22B | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $12M | · | $18M | $21M | $23M | · | $25M | |
| Interest Income | · | · | $10M | $7M | $10M | $10M | $18M | $25M | $21M | $26M | $32M | $29M | $26M | $26M | · | · | |
| Other Non-op | $22M | $8M | $27M | $20M | $22M | $18M | $21M | $30M | $19M | $27M | $38M | $39M | $31M | $35M | $23M | $14M | |
| Pretax Income | $683M | $513M | $311M | $514M | $388M | $281M | $244M | $408M | $565M | $766M | $542M | $755M | $1.07B | $848M | $758M | $1.21B | |
| Income Tax | $153M | $113M | $46M | $110M | $87M | $63M | $34M | $87M | $133M | $178M | $115M | $175M | $258M | $203M | $119M | $290M | |
| Net Income | $534M | $403M | $266M | $404M | $299M | $217M | $207M | $318M | $428M | $584M | $424M | $577M | $812M | $637M | $631M | $914M | |
| EPS (Basic) | $3.71 | $2.79 | $1.81 | $2.75 | $2.01 | $1.45 | $1.42 | $2.06 | $2.73 | $3.68 | $2.69 | $3.49 | $4.83 | $3.71 | $3.76 | $5.07 | |
| EPS (Diluted) | $3.69 | $2.78 | $1.80 | $2.74 | $2.01 | $1.44 | $1.40 | $2.05 | $2.72 | $3.67 | $2.66 | $3.47 | $4.81 | $3.70 | $3.74 | $5.03 | |
| Shares (Basic) | 143,997,000 | 144,797,000 | · | 146,947,000 | 148,387,000 | 150,262,000 | · | 154,061,000 | 156,856,000 | 158,666,000 | · | 165,170,000 | 168,009,000 | 171,597,000 | · | 180,264,000 | |
| Shares (Diluted) | 144,591,000 | 145,321,000 | · | 147,600,000 | 148,960,000 | 150,809,000 | · | 154,810,000 | 157,579,000 | 159,354,000 | · | 166,105,000 | 168,865,000 | 172,479,000 | · | 181,613,000 | |
| EBITDA | $874M | $697M | · | $646M | $516M | $409M | · | $516M | $676M | $866M | · | $841M | $1.17B | $943M | · | $1.32B |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $568M | $557M | $770M | $770M | $458M | $1.19B | $589M | $1.02B | $830M | $1.04B | · | $1.77B | $1.48B | $1.60B | · | $1.42B | |
| Short-term Investments | · | · | $0 | · | $40M | $20M | $148M | $645M | $418M | $653M | · | $501M | $612M | $715M | · | $583M | |
| Receivables | $2.44B | $2.06B | $1.68B | $1.76B | $1.70B | $1.72B | $1.42B | $1.56B | $1.78B | $1.74B | · | $1.88B | $2.14B | $2.07B | · | $2.26B | |
| Inventory | $3.96B | $3.91B | $3.74B | $3.20B | $3.26B | $3.10B | $3.11B | $3.04B | $3.07B | $3.03B | · | $2.94B | $3.04B | $2.99B | · | $3.38B | |
| Other Current Assets | $315M | $274M | $293M | $351M | $231M | $190M | $163M | $173M | $142M | $139M | · | $139M | $122M | $127M | · | $99M | |
| Current Assets | $7.28B | $6.80B | $6.48B | $6.08B | $5.69B | $6.22B | $5.43B | $6.44B | $6.24B | $6.60B | · | $7.23B | $7.40B | $7.56B | · | $7.81B | |
| PP&E (Net) | $8.49B | $8.55B | $8.57B | $8.49B | $8.47B | $8.32B | $8.12B | $7.83B | $7.43B | $7.06B | · | $6.31B | $5.78B | $5.49B | · | $5.15B | |
| PP&E (Gross) | · | · | $13.62B | · | · | · | $12.72B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $5.05B | · | · | · | $4.60B | · | · | · | · | · | · | · | · | · | |
| Goodwill | $477M | $477M | $477M | $477M | $477M | $477M | $477M | $477M | $477M | $477M | · | $477M | $477M | $502M | · | $452M | |
| Intangibles | $316M | $323M | $331M | $207M | $213M | $220M | $227M | $235M | $242M | $250M | · | $266M | $274M | $261M | · | $277M | |
| Other Non-current Assets | $547M | $574M | $557M | $708M | $702M | $693M | $681M | $678M | $669M | $638M | · | $644M | $620M | $403M | · | $359M | |
| Total Assets | $17.11B | $16.72B | $16.42B | $15.97B | $15.55B | $15.93B | $14.94B | $15.66B | $15.06B | $15.03B | · | $14.93B | $14.55B | $14.22B | · | $14.05B | |
| Accounts Payable | · | · | · | · | · | · | · | · | · | · | · | · | · | $1.13B | · | $1.15B | |
| Accrued Liabilities | $457M | $408M | $427M | $435M | $355M | $373M | $367M | $389M | $344M | $329M | · | $336M | $293M | $297M | · | $323M | |
| Current Liabilities | $2.29B | $2.17B | $2.12B | $1.96B | $1.82B | $2.27B | $2.15B | $2.69B | $2.66B | $2.30B | · | $1.92B | $1.76B | $1.82B | · | $2.13B | |
| Capital Leases | · | · | $147M | · | · | · | $94M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $1.07B | $1.04B | $1.00B | $1.11B | $958M | $918M | $902M | $943M | $928M | $924M | · | $961M | $941M | $898M | · | $857M | |
| Other Non-current Liabilities | $211M | $194M | $186M | $152M | $148M | $135M | $133M | $143M | $144M | $144M | · | $182M | $175M | $180M | · | $112M | |
| Total Liabilities | $7.75B | $7.59B | $7.49B | $6.99B | $6.70B | $7.10B | $5.99B | $6.58B | $5.94B | $5.98B | · | $6.07B | $5.89B | $5.91B | · | $6.11B | |
| Long-term Debt | $4.20B | $4.20B | $4.21B | $3.80B | $3.80B | $4.20B | $3.23B | $3.70B | $3.10B | $3.10B | · | $3.10B | $3.10B | $3.10B | · | $3.10B | |
| Total Debt | $4.18B | $4.20B | · | $3.78B | $3.78B | $4.20B | · | $3.68B | $3.03B | $3.04B | · | $3.10B | $3.07B | $3.06B | · | $3.04B | |
| Common Stock | $653.0K | $653.0K | $653.0K | $652.0K | $652.0K | $652.0K | $652.0K | $651.0K | $651.0K | $651.0K | · | $650.0K | $650.0K | $650.0K | · | $649.0K | |
| Retained Earnings | $16.47B | $16.02B | $15.69B | $15.50B | $15.17B | $14.94B | $14.80B | $14.66B | $14.41B | $14.06B | · | $13.19B | $12.68B | $11.94B | · | $10.80B | |
| Treasury Stock | $8.29B | $8.09B | $7.98B | $7.74B | $7.53B | $7.33B | $7.09B | $6.80B | $6.49B | $6.18B | · | $5.51B | $5.18B | $4.80B | · | $4.05B | |
| AOCI | $3M | $-858.0K | $-598.0K | $-1M | $1M | · | · | $-445.0K | $-1M | $-13.0K | · | $-494.0K | $1M | $2M | · | $-3M | |
| Stockholders' Equity | $9.42B | $9.16B | $8.96B | $9.00B | $8.86B | $8.82B | $8.93B | $9.08B | $9.13B | $9.07B | · | $8.89B | $8.71B | $8.34B | · | $7.97B | |
| Liabilities + Equity | $17.11B | $16.72B | $16.42B | $15.97B | $15.55B | $15.93B | $14.94B | $15.66B | $15.06B | $15.03B | · | $14.93B | $14.55B | $14.22B | · | $14.05B | |
| Shares Outstanding | 143,610,058 | 144,443,460 | 144,940,102 | 146,156,096 | 147,788,364 | 149,380,035 | 151,117,153 | 153,042,184 | 155,617,909 | 157,878,760 | 160,018,000 | 163,489,456 | 166,383,336 | 170,170,375 | 172,936,000 | 176,563,632 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $174M | $159M | $146M | $138M | $133M | $134M | $126M | $121M | $117M | $115M | $112M | $107M | $111M | $108M | $102M | $99M | |
| Stock-based Comp | $14M | $17M | $24M | $14M | $14M | $17M | $25M | $13M | $13M | $16M | $22M | $12M | $12M | $16M | $20M | $12M | |
| Amort. of Intangibles | $8M | $8M | $7M | $7M | $7M | $7M | $8M | $8M | $8M | $8M | $8M | $8M | $11M | $7M | $7M | $7M | |
| Other Non-cash | $-294M | $-432M | · | $166M | $-144M | $-215M | · | $308M | $-176M | $-360M | · | $417M | $-127M | $-34M | · | $467M | |
| Operating Cash Flow | $428M | $148M | $273M | $723M | $302M | $153M | $347M | $760M | $383M | $355M | $865M | $1.11B | $808M | $734M | $1.14B | $1.50B | |
| CapEx | $124M | $138M | $188M | $166M | $288M | $306M | $453M | $621M | $419M | $374M | $515M | $558M | $358M | $226M | $344M | $241M | |
| Investing Cash Flow | $-118M | $-139M | $-370M | $-121M | $-306M | $-179M | $51M | $-852M | $-210M | $-293M | $-735M | $-453M | $-473M | $-310M | $-469M | $-518M | |
| Stock Repurchased | $200M | $115M | $240M | $210M | $200M | $250M | $295M | $310M | $309M | $298M | $387M | $331M | $380M | $354M | $413M | $482M | |
| Net Stock Activity | $-200M | $-115M | · | $-210M | $-200M | $-250M | · | $-310M | $-309M | $-298M | · | $-331M | $-380M | $-354M | · | $-482M | |
| Dividends Paid | $77M | $72M | $73M | $74M | $75M | $70M | $70M | $72M | $73M | $68M | $69M | $71M | $72M | $59M | $60M | $62M | |
| Financing Cash Flow | $-299M | $-223M | $97M | $-290M | $-725M | $623M | $-824M | $277M | $-382M | $-424M | $-494M | $-371M | $-464M | $-448M | $-467M | $-565M | |
| Net Change in Cash | $11M | $-214M | $-425.0K | $312M | $-729M | $597M | $-426M | $185M | $-209M | $-362M | $-365M | $290M | $-130M | $-23M | $208M | $413M | |
| Taxes Paid | $231M | $4M | $1M | $22M | $125M | $4M | $80M | $82M | $273M | $28M | $170M | $160M | $308M | $5M | $196M | $277M | |
| Free Cash Flow | $304M | $10M | · | $557M | $13M | $-153M | · | $138M | $-37M | $-19M | · | $555M | $450M | $507M | · | $1.25B | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-28M | · | $541M | $434M | $490M | · | $1.24B |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.7% | 14.7% | · | 15.7% | 13.6% | 11.1% | · | 13.9% | 16.7% | 20.9% | · | 20.8% | 25.7% | 21.6% | · | 25.9% | |
| Operating Margin | 11.5% | 10.3% | · | 10.5% | 8.4% | 6.3% | · | 9.1% | 12.1% | 16.0% | · | 16.0% | 20.9% | 17.1% | · | 21.6% | |
| Net Margin | 8.8% | 7.8% | · | 8.4% | 6.5% | 5.0% | · | 7.3% | 9.2% | 12.4% | · | 12.6% | 16.0% | 13.2% | · | 16.2% | |
| Pretax Margin | 11.2% | 9.9% | · | 10.6% | 8.5% | 6.4% | · | 9.4% | 12.2% | 16.3% | · | 16.4% | 21.1% | 17.3% | · | 21.4% | |
| EBITDA Margin | 14.3% | 13.4% | · | 13.4% | 11.3% | 9.4% | · | 11.9% | 14.6% | 18.4% | · | 18.3% | 23.1% | 19.3% | · | 23.3% | |
| ROA | 3.3% | 2.5% | · | 2.5% | 1.9% | 1.4% | · | 2.1% | 2.9% | 4.0% | · | 4.0% | 5.8% | 4.7% | · | 7.2% | |
| ROE | 5.8% | 4.5% | · | 4.5% | 3.3% | 2.4% | · | 3.5% | 4.8% | 6.7% | · | 6.9% | 10.0% | 8.4% | · | 13.5% | |
| ROIC | 4.0% | 3.1% | · | 3.1% | 2.4% | 1.6% | · | 2.4% | 3.5% | 4.8% | · | 4.7% | 6.9% | 5.6% | · | 8.4% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.2 | 3.1 | · | 3.1 | 3.1 | 2.7 | · | 2.4 | 2.3 | 2.9 | · | 3.8 | 4.2 | 4.2 | · | 3.7 | |
| Quick Ratio | 1.3 | 1.2 | · | 1.3 | 1.2 | 1.3 | · | 1.2 | 1.1 | 1.5 | · | 2.2 | 2.4 | 2.4 | · | 2.0 | |
| Debt / Equity | 0.4 | 0.5 | · | 0.4 | 0.4 | 0.5 | · | 0.4 | 0.3 | 0.3 | · | 0.3 | 0.4 | 0.4 | · | 0.4 | |
| LT Debt / Equity | 0.4 | 0.5 | · | 0.4 | 0.4 | 0.4 | · | 0.3 | 0.2 | 0.3 | · | 0.3 | 0.3 | 0.4 | · | 0.4 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 62.7 | · | 39.8 | 51.2 | 37.1 | · | 48.1 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.4 | 0.4 | · | 0.4 | |
| Inventory Turnover | 1.4 | 1.3 | · | 1.3 | 1.2 | 1.3 | · | 1.2 | 1.3 | 1.2 | · | 1.2 | 1.1 | 1.2 | · | 1.3 | |
| Receivables Turnover | 2.9 | 2.8 | · | 2.9 | 2.6 | 2.5 | · | 2.5 | 2.4 | 2.5 | · | 2.2 | 2.2 | 2.2 | · | 2.7 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $65.59 | $63.45 | · | $61.54 | $59.98 | $59.08 | · | $59.34 | $58.67 | $57.46 | · | $54.40 | $52.34 | $48.99 | · | $45.15 | |
| Revenue / Share | $42.13 | $35.82 | · | $32.71 | $30.65 | $28.97 | · | $28.04 | $29.40 | $29.46 | · | $27.62 | $30.09 | $28.37 | · | $31.12 | |
| Cash Flow / Share | $2.96 | $1.02 | · | $4.90 | $2.02 | $1.01 | · | $4.91 | $2.43 | $2.23 | · | $6.70 | $4.78 | $4.25 | · | $8.24 | |
| Cash / Share | $3.95 | $3.85 | · | $5.27 | $3.10 | $7.95 | · | $6.63 | $5.33 | $6.58 | · | $10.80 | $8.87 | $9.43 | · | $8.05 | |
| Dividend / Share | $0.53 | $0.53 | $0.50 | $0.50 | $0.50 | $0.50 | $0.46 | $0.46 | $0.46 | $0.46 | $0.42 | $0.42 | $0.42 | $0.42 | $0.34 | $0.34 | |
| EPS (TTM) | $11.01 | $9.33 | · | $7.59 | $6.90 | $7.61 | · | $11.10 | $12.52 | $14.61 | · | $15.72 | $17.28 | $18.91 | · | $22.54 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $20.54B | $19.01B | · | $17.63B | $17.15B | $17.22B | · | $17.90B | $18.15B | $18.60B | · | $19.39B | $20.45B | $21.58B | · | $22.75B | |
| Net Income TTM | $1.61B | $1.37B | · | $1.13B | $1.04B | $1.17B | · | $1.75B | $2.01B | $2.40B | · | $2.66B | $3.00B | $3.39B | · | $4.29B | |
| Market Cap | $32.95B | $26.00B | · | $20.38B | $18.92B | $18.68B | · | $19.30B | $20.15B | $23.40B | · | $17.53B | $18.12B | $19.24B | · | $12.53B | |
| Enterprise Value | $36.57B | $29.64B | · | $23.39B | $22.20B | $21.67B | · | $21.32B | $21.93B | $24.75B | · | $18.36B | $19.10B | $19.98B | · | $13.56B | |
| P/E | 20.8 | 19.3 | · | 18.4 | 18.6 | 16.4 | · | 11.4 | 10.3 | 10.1 | · | 6.8 | 6.3 | 6.0 | · | 3.1 | |
| P/S | 1.6 | 1.4 | · | 1.2 | 1.1 | 1.1 | · | 1.1 | 1.1 | 1.3 | · | 0.9 | 0.9 | 0.9 | · | 0.6 | |
| P/B | 3.5 | 2.8 | · | 2.3 | 2.1 | 2.1 | · | 2.1 | 2.2 | 2.6 | · | 2.0 | 2.1 | 2.3 | · | 1.6 | |
| P / Tangible Book | 3.8 | 3.1 | · | 2.5 | 2.3 | 2.3 | · | 2.3 | 2.4 | 2.8 | · | 2.2 | 2.3 | 2.5 | · | 1.7 | |
| P / Cash Flow | 77.0 | 175.3 | · | 28.2 | 62.7 | 122.4 | · | 25.4 | 52.7 | 65.9 | · | 15.7 | 22.4 | 26.2 | · | 8.4 | |
| EV / Revenue | 1.8 | 1.6 | · | 1.3 | 1.3 | 1.3 | · | 1.2 | 1.2 | 1.3 | · | 0.9 | 0.9 | 0.9 | · | 0.6 | |
| Dividend Yield | 0.90% | 1.1% | · | 1.4% | 1.5% | 1.5% | · | 1.5% | 1.4% | 1.2% | · | 1.5% | 1.4% | 1.3% | · | 1.8% | |
| Earnings Yield | 4.8% | 5.2% | · | 5.4% | 5.4% | 6.1% | · | 8.8% | 9.7% | 9.9% | · | 14.7% | 15.9% | 16.7% | · | 31.8% | |
| Payout Ratio | 14.3% | 18.0% | · | 18.3% | 25.0% | 32.0% | · | 22.5% | 17.0% | 11.6% | · | 12.2% | 8.9% | 9.1% | · | 6.8% | |
| Annual Payout | $296M | $294M | · | $288M | $286M | $284M | · | $282M | $281M | $281M | · | $262M | $253M | $245M | · | $229M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $18.18B | $17.54B | $18.80B | $22.26B | $18.41B |
| Gross Margin % | 13.2% | 16.0% | 21.5% | 27.5% | 29.1% |
| Operating Margin % | 8.1% | 11.1% | 16.8% | 22.9% | 23.4% |
| Net Income | $1.19B | $1.54B | $2.45B | $3.86B | $3.21B |
| Diluted EPS | $7.99 | $9.84 | $14.64 | $20.92 | $15.56 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | 0.4 | 0.3 | 0.4 | 0.5 |
| Current Ratio | 3.1 | 2.5 | 2.9 | 3.8 | 3.1 |
| Quick Ratio | 1.2 | 1.0 | 1.6 | 2.1 | 1.4 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $502M | $-24M | $1.86B | $3.55B | $1.20B |
Institutional owners (13F) 1,106 filers · $29.2B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
1,106
Value held
$29.2B
New positions
160
Exited positions
61
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 160 (+16 vs prior Q) | 61 (-27 vs prior Q) | 347 (+16 vs prior Q) | 384 (+59 vs prior Q) | +2.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $2,884,250,474 | 17,021,248 | 9.88% | Shares |
| BlackRock, Inc. | $2,844,500,589 | 12,396,499 | 9.74% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,042,702,483 | 8,902,216 | 7.00% | Shares |
| FMR LLC | $1,771,640,496 | 7,720,913 | 6.07% | Shares |
| STATE STREET CORP | $1,696,482,301 | 7,376,476 | 5.81% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,550,026,164 | 6,755,104 | 5.31% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $863,607,101 | 3,778,189 | 2.96% | Shares |
| Capital Research Global Investors | $835,206,406 | 3,639,878 | 2.86% | Shares |
| MORGAN STANLEY | $767,674,484 | 3,345,568 | 2.63% | Shares |
| NORGES BANK | $568,217,764 | 2,476,326 | 1.95% | Shares |
| Life Cycle Investment Partners Ltd | $527,523,033 | 2,298,976 | 1.81% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $519,573,285 | 2,249,235 | 1.78% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $448,528,415 | 1,954,394 | 1.54% | Shares |
| Boston Partners | $423,560,070 | 1,843,969 | 1.45% | Shares |
| Invesco Ltd. | $422,914,310 | 1,843,085 | 1.45% | Shares |
| JPMORGAN CHASE & CO | $399,889,542 | 1,707,322 | 1.37% | Shares |
| Holocene Advisors, LP | $378,322,863 | 1,648,753 | 1.30% | Shares |
| GOLDMAN SACHS GROUP INC | $350,497,936 | 1,527,490 | 1.20% | Shares |
| NORTHERN TRUST CORP | $339,609,291 | 1,480,037 | 1.16% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $333,229,843 | 1,452,235 | 1.14% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $294,194,567 | 1,282,117 | 1.01% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $270,808,104 | 1,180,163 | 0.93% | Shares |
| Nuveen, LLC | $269,239,949 | 1,173,364 | 0.92% | Shares |
| BANK OF AMERICA CORP /DE/ | $264,212,191 | 1,151,452 | 0.90% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $248,457,913 | 1,082,794 | 0.85% | Shares |
| Robeco Institutional Asset Management B.V. | $248,031,342 | 1,080,935 | 0.85% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $219,597,660 | 1,219,987 | 0.75% | Shares |
| Bank of New York Mellon Corp | $211,158,738 | 920,241 | 0.72% | Shares |
| FIL Ltd | $190,382,273 | 829,697 | 0.65% | Shares |
| CITADEL ADVISORS LLC | $185,311,207 | 807,597 | 0.63% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $175,242,732 | 763,718 | 0.60% | Shares |
| Legal & General Group Plc | $145,559,098 | 634,355 | 0.50% | Shares |
| HSBC HOLDINGS PLC | $144,354,809 | 627,337 | 0.49% | Shares |
| DEUTSCHE BANK AG\ | $126,579,314 | 551,640 | 0.43% | Shares |
| STOREBRAND ASSET MANAGEMENT AS | $115,414,020 | 502,981 | 0.40% | Shares |
| STIFEL FINANCIAL CORP | $113,453,824 | 494,438 | 0.39% | Shares |
| Caisse de depot et placement du Quebec | $103,281,782 | 450,108 | 0.35% | Shares |
| SAPIENT CAPITAL LLC | $102,958,243 | 447,664 | 0.35% | Shares |
| NEUBERGER BERMAN GROUP LLC | $100,533,526 | 437,044 | 0.34% | Shares |
| AustralianSuper Pty Ltd | $93,377,600 | 406,945 | 0.32% | Shares |
| Qube Research & Technologies Ltd | $90,426,285 | 394,083 | 0.31% | Shares |
| Swiss National Bank | $89,076,372 | 388,200 | 0.31% | Shares |
| Bridgewater Associates, LP | $86,848,315 | 378,490 | 0.30% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $84,464,226 | 368,100 | 0.29% | Call option |
| UBS Group AG | $83,107,658 | 362,188 | 0.28% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $80,744,730 | 351,890 | 0.28% | Shares |
| Allianz Asset Management GmbH | $76,891,817 | 335,099 | 0.26% | Shares |
| CITIGROUP INC | $76,165,232 | 331,933 | 0.26% | Shares |
| BARCLAYS PLC | $75,987,284 | 331,157 | 0.26% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $75,886,782 | 330,719 | 0.26% | Shares |
Company insiders 42 insiders · 14 officers · 18 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Mark D Millett | Chairman and CEO | July 28, 2026 G | 3,016,401 | 0 | 0 | $0 |
| Theresa E Wagler | Executive Vice President & CFO | March 13, 2026 F | 495,038 | 0 | 0 | $0 |
| Barry Schneider | President and COO | March 13, 2026 F | 246,399 | 0 | 0 | $0 |
| James Stanley Anderson | Senior Vice President | June 5, 2026 S | 102,837 | 0 | 4 | $-2,687,029 |
| Richard A Poinsatte | Senior Vice President | May 14, 2026 G | 28,418 | 0 | 1 | $-538,453 |
| Christopher A Graham | Senior Vice President | May 13, 2026 S | 68,747 | 0 | 3 | $-2,131,290 |
| Chad Bickford | Vice President | May 1, 2026 F | 24,025 | 0 | 0 | $0 |
| Miguel Alvarez | Senior Vice President | April 23, 2026 S | 122,257 | 0 | 4 | $-2,431,608 |
| Matthew Lane Bell | Vice President | Feb. 20, 2026 A | 2,017 | 0 | 0 | $0 |
| Glenn Pushis | Senior Vice President | Jan. 9, 2026 F | 133,008 | 0 | 0 | $0 |
| Russell B Rinn | Executive Vice President | Aug. 29, 2022 F | 301,502 | 0 | 0 | $0 |
| STEEL DYNAMICS INC | Senior Vice President | Feb. 11, 2019 A | · | 0 | 0 | $0 |
| Daniel M Rifkin | Executive Vice President | May 21, 2008 A | · | 0 | 0 | $0 |
| John W Nolan | Vice President | May 21, 2008 A | 56,458 | 0 | 0 | $0 |
| Luis Manuel Sierra | Director | July 10, 2026 A | 11,523 | 0 | 0 | $0 |
| Bradley S Seaman | Director | July 10, 2026 A | 51,600 | 0 | 0 | $0 |
| Kenneth W. Cornew | Director | July 10, 2026 A | 32,013 | 0 | 2 | $-1,124,358 |
| Traci M Dolan | Director | July 10, 2026 A | 58,970 | 0 | 0 | $0 |
| Sheree L Bargabos | Director | July 10, 2026 A | 27,105 | 0 | 0 | $0 |
| Richard P Teets JR | Director | May 6, 2026 A | 4,980,252 | 0 | 0 | $0 |
| Gabriel Shaheen | Director | April 10, 2026 A | 82,520 | 0 | 0 | $0 |
| James C Marcuccilli | Director | Oct. 11, 2024 A | 61,985 | 0 | 0 | $0 |
| Steven Alan Sonnenberg | Director | April 12, 2024 A | 19,561 | 0 | 0 | $0 |
| Keith E Busse | Director | April 14, 2023 A | 701,717 | 0 | 0 | $0 |
| Jurgen Kolb DR | Director | April 12, 2019 A | 36,533 | 0 | 0 | $0 |
| EDGERLEY PAUL B | Director | Nov. 18, 2015 A | 375,856 | 0 | 0 | $0 |
| Richard J Freeland | Director | Jan. 11, 2013 A | 74,691 | 0 | 0 | $0 |
| Joseph D Ruffolo | Director | June 1, 2011 A | 31,936 | 0 | 0 | $0 |
| Naoki Hidaka | Director | May 21, 2005 A | 524,197 | 0 | 0 | $0 |
| James E Kelley | Director | Nov. 21, 2004 A | · | 0 | 0 | $0 |
| Jennifer L Hamann | · | Aug. 13, 2026 A | 5,376 | 0 | 0 | $0 |
| Frank D Byrne | · | April 21, 2022 A | 82,326 | 0 | 0 | $0 |
| John C Bates | · | July 7, 2017 A | 46,733 | 0 | 0 | $0 |
| James A Trethewey | · | Oct. 11, 2013 A | 18,157 | 0 | 0 | $0 |
| Gary E Heasley | · | Nov. 21, 2012 A | 73,870 | 0 | 0 | $0 |
| Mary Fink | · | May 21, 2008 A | 3,377 | 0 | 0 | $0 |
| Richard J Brady | · | May 21, 2008 A | 6,023 | 0 | 0 | $0 |
| Bert D Hollman | · | May 21, 2008 A | 330 | 0 | 0 | $0 |
| Timothy R Duke | · | May 21, 2008 A | 35,596 | 0 | 0 | $0 |
| Thomas J Crawford | · | May 21, 2008 A | 44,599 | 0 | 0 | $0 |
| Thomas Hartman | · | Feb. 1, 2008 F | 7,573 | 0 | 0 | $0 |
| Tracy L Shellabarger | · | May 21, 2004 A | 176,782 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 140 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| FXZ · First Trust Exchange-Traded AlphaDE… | 5.33% | 78,055 NS | July 31, 2026 | N-PORT |
| RSPM · Invesco Exchange-Traded Fund Trust | 3.91% | 29,954 SH | Oct. 1, 2026 | Daily |
| CCSO · Tidal Trust II | 3.50% | 6,372 NS | July 31, 2026 | N-PORT |
| PYZ · Invesco Exchange-Traded Fund Trust | 3.47% | 9,915 SH | Oct. 1, 2026 | Daily |
| IYM · iShares Trust | 2.79% | 139,024 SH | Sept. 11, 2026 | Daily |
| FMAT · FIDELITY COVINGTON TRUST | 2.33% | 53,692 NS | July 31, 2026 | N-PORT |
| VAW · VANGUARD WORLD FUND | 2.06% | 403,859 SH | Aug. 19, 2026 | Daily |
| NUMV · Nushares ETF Trust | 1.93% | 34,074 NS | July 31, 2026 | N-PORT |
| PICK · iShares, Inc. | 1.90% | 207,902 SH | Sept. 11, 2026 | Daily |
| AMOM · Exchange Listed Funds Trust | 1.90% | 1,802 NS | July 31, 2026 | N-PORT |
| TGLB · T. Rowe Price Exchange-Traded Funds… | 1.89% | 1,974 NS | July 31, 2026 | N-PORT |
| QQQJ · Invesco Exchange-Traded Fund Trust … | 1.61% | 84,644 SH | Oct. 1, 2026 | Daily |
| NULV · Nushares ETF Trust | 1.06% | 92,946 NS | July 31, 2026 | N-PORT |
| MXI · iShares Trust | 1.01% | 17,186 SH | Sept. 11, 2026 | Daily |
| LSEQ · Harbor ETF Trust | 0.89% | 540 NS | July 31, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.76% | 7,393 NS | July 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 0.60% | 568 NS | July 31, 2026 | N-PORT |
| ESLV · Strategy Shares | 0.60% | 341 NS | July 31, 2026 | N-PORT |
| LSVD · ADVISORS' INNER CIRCLE FUND | 0.54% | 13,890 NS | July 31, 2026 | N-PORT |
| PDP · Invesco Exchange-Traded Fund Trust | 0.47% | 31,317 SH | Oct. 1, 2026 | Daily |
| STNC · Hennessy Funds Trust | 0.45% | 1,660 NS | July 31, 2026 | N-PORT |
| NULC · Nushares ETF Trust | 0.42% | 1,174 NS | July 31, 2026 | N-PORT |
| FFLC · FIDELITY COVINGTON TRUST | 0.41% | 19,809 NS | July 31, 2026 | N-PORT |
| ESSC · Strategy Shares | 0.39% | 558 NS | July 31, 2026 | N-PORT |
| GARP · iShares Trust | 0.39% | 49,862 SH | Sept. 11, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.38% | 20,958 NS | July 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 0.37% | 100,630 NS | July 31, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.36% | 6,675 NS | July 31, 2026 | N-PORT |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.35% | 6,384 NS | July 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.33% | 997,219 SH | Aug. 19, 2026 | Daily |
| IMCG · iShares Trust | 0.31% | 52,191 SH | Sept. 11, 2026 | Daily |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.30% | 18,422 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.29% | 184,366 SH | Sept. 11, 2026 | Daily |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.27% | 27,309 NS | July 31, 2026 | N-PORT |
| VOE · VANGUARD INDEX FUNDS | 0.27% | 440,029 SH | Aug. 19, 2026 | Daily |
| ESUM · Strategy Shares | 0.24% | 1,732 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.24% | 552,489 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.23% | 8,079 SH | Oct. 1, 2026 | Daily |
| FTLS · First Trust Exchange-Traded Fund III | 0.22% | 22,128 NS | July 31, 2026 | N-PORT |
| IMCB · iShares Trust | 0.22% | 15,772 SH | Sept. 11, 2026 | Daily |
| MTUM · iShares Trust | 0.22% | 223,548 SH | Sept. 11, 2026 | Daily |
| EUSA · iShares, Inc. | 0.21% | 16,889 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.20% | 3,629 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.20% | 4,207 NS | July 31, 2026 | N-PORT |
| SPMO · Invesco Exchange-Traded Fund Trust … | 0.19% | 198,052 SH | Oct. 1, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.19% | 1,570,887 SH | Aug. 19, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 812,674 SH | Oct. 1, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.19% | 1,266 NS | July 31, 2026 | N-PORT |
| EVUS · iShares Trust | 0.18% | 2,961 SH | Sept. 11, 2026 | Daily |
| XOEF · iShares Trust | 0.18% | 170 SH | Sept. 11, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.18% | 110,792 NS | July 31, 2026 | N-PORT |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.16% | 213,000 | Oct. 1, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.15% | 1,484,454 SH | Aug. 19, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.15% | 5,275,000 | Oct. 1, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.14% | 765,846 SH | Aug. 19, 2026 | Daily |
| IMCV · iShares Trust | 0.13% | 6,578 SH | Sept. 11, 2026 | Daily |
| USXF · iShares Trust | 0.13% | 8,186 SH | Sept. 11, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.12% | 4,107 SH | Oct. 1, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.11% | 49,778 SH | Oct. 1, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.11% | 31,197 SH | Aug. 19, 2026 | Daily |
| IVE · iShares Trust | 0.11% | 224,925 SH | Sept. 11, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.11% | 14,072 NS | July 31, 2026 | N-PORT |
| ESGU · iShares Trust | 0.10% | 78,434 SH | Sept. 11, 2026 | Daily |
| IUSV · iShares Trust | 0.10% | 118,291 SH | Sept. 11, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.10% | 42,540 SH | Oct. 1, 2026 | Daily |
| SUSL · iShares Trust | 0.10% | 4,857 SH | Sept. 11, 2026 | Daily |
| PEVC · Pacer Funds Trust | 0.09% | 9 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.09% | 14,387 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.08% | 161,298 NS | July 31, 2026 | N-PORT |
| GLOF · iShares Trust | 0.08% | 690 SH | Sept. 11, 2026 | Daily |
| EGLE · Global X Funds | 0.08% | 7 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.08% | 1,758 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.08% | 74,622 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.08% | 274,754 SH | Sept. 11, 2026 | Daily |
| IWP · iShares Trust | 0.08% | 62,567 SH | Sept. 11, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.08% | 3,261 SH | Oct. 1, 2026 | Daily |
| NEAR · iShares U.S. ETF Trust | 0.08% | 3,920,000 SH | Sept. 11, 2026 | Daily |
| ILCG · iShares Trust | 0.07% | 9,108 SH | Sept. 11, 2026 | Daily |
| VTV · VANGUARD INDEX FUNDS | 0.06% | 650,746 SH | Aug. 19, 2026 | Daily |
| TOPC · iShares Trust | 0.06% | 83 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.06% | 29,298 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.06% | 11 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.06% | 5,197 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.06% | 8 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.06% | 7,117 NS | July 31, 2026 | N-PORT |
| DGRO · iShares Trust | 0.06% | 99,732 SH | Sept. 11, 2026 | Daily |
| XVV · iShares Trust | 0.05% | 1,557 SH | Sept. 11, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.05% | 4,093 SH | Oct. 1, 2026 | Daily |
| CATH · Global X Funds | 0.05% | 2,772 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.05% | 17 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.05% | 6,942 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.05% | 18,578 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.05% | 11,386 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.05% | 2,279 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.05% | 12 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.05% | 42,807 NS | July 31, 2026 | N-PORT |
| ESG · FlexShares Trust | 0.05% | 270 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.05% | 101 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.05% | 3,520,868 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.05% | 30,461 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.05% | 499 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.05% | 1,708,527 SH | Sept. 11, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.05% | 511 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.05% | 2,638 SH | Sept. 11, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.05% | 3,246 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.05% | 122 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.05% | 4,050 NS | July 31, 2026 | N-PORT |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.05% | 23,661 SH | Oct. 1, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.05% | 799 SH | Sept. 30, 2026 | Daily |
| IYY · iShares Trust | 0.05% | 5,798 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.05% | 93,000 SH | Sept. 11, 2026 | Daily |
| USCL · iShares Trust | 0.05% | 5,399 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.04% | 176,391 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.04% | 36,829 SH | Sept. 11, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.04% | 941 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.04% | 4,349,759 SH | Aug. 19, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.04% | 3,573 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.04% | 22,417 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.04% | 11,358 SH | Aug. 19, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.04% | 10,601 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.04% | 107 SH | Oct. 1, 2026 | Daily |
| TOK · iShares Trust | 0.04% | 363 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.04% | 12,405 SH | Sept. 11, 2026 | Daily |
| ACWI · iShares Trust | 0.03% | 44,549 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.03% | 113,682 SH | Aug. 19, 2026 | Daily |
| LGDX · Tidal Trust III | 0.03% | 161 NS | July 31, 2026 | N-PORT |
| ILCV · iShares Trust | 0.03% | 1,560 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.02% | 5,163 SH | Oct. 1, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.02% | 79,935 SH | Aug. 19, 2026 | Daily |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.01% | 17,508 SH | Aug. 19, 2026 | Daily |
| IWF · iShares Trust | 0.01% | 41,912 SH | Sept. 11, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VUSB · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IFRA · iShares Trust | · | 213,726 SH | Sept. 11, 2026 | Daily |
STLD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 22 analysts
BUY
Median target
$272.00
+17.2%
4 18.2%
Strong Buy
10 45.5%
Buy
7 31.8%
Hold
1 4.5%
Sell
0 0.0%
Strong Sell
12-Month Price Target
14 analysts · 2026-10-03Mean target $270.96 +16.8%
Now
Current price $231.99
Low$205.45
Mean$270.96
High$310.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| STLD | $24.56B | 21.2 | 3.6% | 6.5% | 13.2% | 13.2% |
| NUE | · | 21.7 | 5.7% | 5.4% | 8.5% | · |
| RS | $14.94B | 20.7 | 3.3% | 5.2% | 10.3% | · |
| CMC | $6.41B | 77.9 | -1.6% | 1.1% | 2.0% | · |
| CLF | $7.57B | -4.6 | -3.0% | -7.9% | -23.2% | · |
| HCC | $4.64B | 81.6 | -14.1% | 4.3% | 2.7% | · |
| AMR | $2.56B | -42.1 | -28.0% | -2.9% | -3.9% | · |
| WS | $2.11B | 248.2 | 11.3% | 0.25% | 0.80% | 11.7% |
| RYZ | · | -14.3 | -0.60% | -1.2% | -7.2% | 17.1% |
Latest News Recent headlines mentioning this company
Is Wall Street Bullish or Bearish on Steel Dynamics Stock?
Yahoo Finance · 4 months, 1 week ago
Here's Why Steel Dynamics Stock Spiked This Week and How That Could Continue
Yahoo Finance · 5 months, 1 week ago
Steel Dynamics Stock: Is STLD Outperforming the Basic Materials Sector?
Yahoo Finance · 6 months, 1 week ago
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
BLUECHIP_DIP
Expired
risk 1
reward 4.80
entry
$226.53
R:R 4.80
BLUECHIP_DIP
Expired
risk 1
reward 1.01
entry
$169.18
R:R 1.01
BOUNCE_UP
Target hit
risk 1
reward 2.25
entry
$172.12
R:R 2.25
No open signal right now — no card is filled, and that's honest.
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Source: SEC 10-Q filed Jul 28, 2026