Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, STEEL DYNAMICS INC insiders sold a net $5.4M of stock across 82 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Oct 22, 2024.
The trade is 4.3% of the 103,159 shares held after it.
2 other insiders sold within 30 days.
505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Anderson James Stanley sold about $1.2M of STLD on Jun 5, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.
2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Oct 22, 2024.
The trade is 0.3% of the 102,837 shares held after it.
2 other insiders sold within 30 days.
505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Anderson James Stanley sold about $86.9K of STLD on Jun 5, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.
2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Oct 22, 2024.
The trade is 3.9% of the 107,560 shares held after it.
2 other insiders sold within 30 days.
505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Anderson James Stanley sold about $1.1M of STLD on Jun 5, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.
2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Oct 22, 2024.
The trade is 1.0% of the 111,737 shares held after it.
2 other insiders sold within 30 days.
505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Anderson James Stanley sold about $294.1K of STLD on Jun 5, 2026; 2 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.
10 earlier Form 4 trades (code P or S) here by this insider (10 sales), the last on Jul 30, 2025.
The trade is 4.4% of the 68,747 shares held after it.
4 other insiders sold within 30 days.
505 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President Graham Christopher A sold about $710.9K of STLD on May 13, 2026; 4 other insiders sold within 30 days and 505 funds added in the latest 13F quarter.
82 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
State Street(R) Materials Select Sector SPDR(R) ETF
$304.4M position · as of 2026-06-30
3.7%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$12.1M
$24.2M
$5.6M
+398%
+269%
2024
$11.8M
$16.2M
$5.5M
+230%
+154%
2023
$11.8M
$26.5M
$5.2M
+237%
+231%
2022
$11.2M
$34.8M
$5.0M
+175%
+154%
2021
$11.0M
$30.5M
$4.0M
+71%
+118%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows a net $5.4M sold by insiders over 180 days, 505 funds added last quarter, 1 House member(s) bought in 12 months, disclosed weeks after the trade. Each figure is a federal filing, dated the day it went public.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$22.2B
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM STLD
FY Dec 2025
$18.2B
FY Dec 2024
$17.5B
FY Dec 2023
$18.8B
FY Dec 2022
$22.3B
FY Dec 2021
$18.4B
Sep 2026
$6.5B
Jun 2026
$6.1B
Mar 2026
$5.2B
Dec 2025
$4.4B
Sep 2025
$4.8B
Jun 2025
$4.6B
Mar 2025
$4.4B
Dec 2024
$3.9B
At each fiscal year end
Single quarter
Net margin, TTM
+8.8%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM STLD
FY Dec 2025
+6.5%
FY Dec 2024
+8.8%
FY Dec 2023
+13.0%
FY Dec 2022
+17.4%
FY Dec 2021
+17.5%
Sep 2026
+11.6%
Jun 2026
+8.8%
Mar 2026
+7.8%
Dec 2025
+6.0%
Sep 2025
+8.4%
Jun 2025
+6.5%
Mar 2025
+5.0%
Dec 2024
+5.4%
At each fiscal year end
Single quarter
Free cash flow, TTM
$1.1B
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM STLD
FY Dec 2025
$501.5M
FY Dec 2024
-$23.5M
FY Dec 2023
$1.9B
FY Dec 2022
$3.6B
FY Dec 2021
$1.2B
Sep 2026
$696.2M
Jun 2026
$304.1M
Mar 2026
$10.3M
Dec 2025
$84.2M
Sep 2025
$556.9M
Jun 2025
$13.3M
Mar 2025
-$152.9M
Dec 2024
-$106.3M
At each fiscal year end
Single quarter
Debt to equity
0.43x
long-term 2026-09-30 plus current 2026-09-30; equity 2026-09-30
Debt to equity STLD
FY Dec 2025
0.47x
FY Dec 2024
0.36x
FY Dec 2023
0.35x
FY Dec 2022
0.38x
FY Dec 2021
0.49x
Sep 2026
0.43x
Jun 2026
0.44x
Mar 2026
0.46x
Dec 2025
0.47x
Sep 2025
0.42x
Jun 2025
0.43x
Mar 2025
0.48x
Dec 2024
0.36x
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.40x
TTM operating cash flow over long-term 2026-09-30 plus current 2026-09-30
Cash flow to debt STLD
FY Dec 2025
0.34x
FY Dec 2024
0.57x
FY Dec 2023
1.15x
FY Dec 2022
1.45x
FY Dec 2021
0.71x
Sep 2026
0.40x
Jun 2026
0.38x
Mar 2026
0.34x
Dec 2025
0.34x
Sep 2025
0.40x
Jun 2025
0.41x
Mar 2025
0.39x
Dec 2024
0.57x
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+20.8%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity STLD
FY Dec 2025
+13.3%
FY Dec 2024
+17.3%
FY Dec 2023
+28.8%
FY Dec 2022
+53.6%
FY Dec 2021
+60.4%
Sep 2026
+20.8%
Jun 2026
+17.6%
Mar 2026
+15.3%
Dec 2025
+13.3%
Sep 2025
+12.5%
Jun 2025
+11.6%
Mar 2025
+13.1%
Dec 2024
+17.3%
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+11.6%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets STLD
FY Dec 2025
+7.6%
FY Dec 2024
+10.3%
FY Dec 2023
+16.9%
FY Dec 2022
+29.0%
FY Dec 2021
+29.5%
Sep 2026
+11.6%
Jun 2026
+9.8%
Mar 2026
+8.4%
Dec 2025
+7.6%
Sep 2025
+7.1%
Jun 2025
+6.8%
Mar 2025
+7.6%
Dec 2024
+10.3%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+15.7%
operating income after a 21.5% effective tax rate, over long-term 2026-09-30 plus current 2026-09-30 plus average of 2025-09-30 and 2026-09-30 minus cash
Return on invested capital STLD
FY Dec 2025
+9.4%
FY Dec 2024
+13.6%
FY Dec 2023
+24.0%
FY Dec 2022
+44.4%
FY Dec 2021
+46.6%
Sep 2026
+15.7%
Jun 2026
+12.7%
Mar 2026
+11.2%
Dec 2025
+9.4%
Sep 2025
+9.3%
Jun 2025
+8.5%
Mar 2025
+9.6%
Dec 2024
+13.6%
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+17.4%
operating income (EBIT proxy) over average of 2025-09-30 and 2026-09-30 minus current liabilities
Return on capital employed STLD
FY Dec 2025
+10.9%
FY Dec 2024
+15.3%
FY Dec 2023
+25.5%
FY Dec 2022
+45.4%
FY Dec 2021
+47.0%
Sep 2026
+17.4%
Jun 2026
+14.4%
Mar 2026
+12.3%
Dec 2025
+10.9%
Sep 2025
+10.4%
Jun 2025
+9.9%
Mar 2025
+11.1%
Dec 2024
+15.3%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
17.83x
close 2026-10-23 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing STLD
FY Dec 2025
21.15x
FY Dec 2024
11.62x
FY Dec 2023
8.07x
FY Dec 2022
4.68x
FY Dec 2021
3.98x
Sep 2026
16.35x
Jun 2026
20.80x
Mar 2026
19.25x
Dec 2025
21.15x
Sep 2025
18.42x
Jun 2025
18.61x
Mar 2025
16.48x
Dec 2024
11.62x
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$37.6B
market value at close 2026-10-23 on 2026-10-21 shares, plus long-term 2026-09-30 plus current 2026-09-30, minus cash 2026-09-30
Enterprise value STLD
FY Dec 2025
$28.2B
FY Dec 2024
$20.0B
FY Dec 2023
$20.8B
FY Dec 2022
$18.6B
FY Dec 2021
$14.2B
Sep 2026
$35.0B
Jun 2026
$36.7B
Mar 2026
$29.7B
Dec 2025
$28.2B
Sep 2025
$23.5B
Jun 2025
$22.3B
Mar 2025
$21.8B
Dec 2024
$20.0B
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+3.2%
TTM free cash flow over market value at close 2026-10-23
FCF yield STLD
FY Dec 2025
+2.0%
FY Dec 2024
-0.1%
FY Dec 2023
+9.7%
FY Dec 2022
+20.7%
FY Dec 2021
+9.7%
Sep 2026
+3.4%
Jun 2026
+2.9%
Mar 2026
+2.5%
Dec 2025
+2.0%
Sep 2025
+1.5%
Jun 2025
-0.6%
Mar 2025
-0.8%
Dec 2024
-0.1%
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.23x
P/E over trailing EPS growth of 79%: four quarters to 2026-09-30 against the four to 2025-09-30
PEG, trailing STLD
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
0.14x
FY Dec 2021
0.01x
Sep 2026
0.21x
Jun 2026
0.34x
Mar 2026
0.83x
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
STLD ranks highest on profitability (82nd percentile) and institutional and government (72nd), and lowest on insider conviction (10th), among Mining & Metals peers.
Profitability
82
Inputs
Return on equity+20.8% · 85 pct, sector of 89
Return on assets+11.6% · 89 pct, sector of 114
Return on invested capital+15.7% · 63 pct, universe of 1,069
Return on capital employed+17.4% · 90 pct, sector of 69
Financial health
55
Inputs
Debt to equity0.43x · 38 pct, sector of 80
Cash flow to debt0.40x · 73 pct, sector of 75
Growth
40
Inputs
Revenue growth, YoY+3.6% · 40 pct, sector of 81
Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Insider conviction
10
Inputs
Net Form 4 buying (codes P and S), 180d-$5.4M · 21 pct, sector of 69
Insider buyers, 180d0 · 0 pct, sector of 70
Institutional and government
72
Inputs
Funds adding, latest quarter505 · 95 pct, sector of 152
Congress net buyers, 365d1 · 73 pct, universe of 719
Federal contracts, 180dno federal contracts in 180 days
Lobbying spend, 4 quarters$240K · 50 pct, sector of 51
Risk and compliance
36
Inputs
Short interest, % of float+3.0% · 43 pct, sector of 252
Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
EPA cases per $1B revenue, 5y0.06 per $1B · 13 pct, sector of 47
New text in Risk Factors, latest 10-K+13.6% · 53 pct, sector of 76
1 not measured: US patents
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
STLD filings, in plain words
Are Steel Dynamics insiders buying or selling STLD?
In the 180 days to 2026-10-28, Steel Dynamics insiders were net sellers, a net $5.4M across purchases and sales reported on Form 4, by 3 sellers.
Have members of Congress traded STLD?
Yes. In the year to 2026-10-28, 1 House member disclosed buying STLD and 0 House members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2026-01-09.
Read the full summary
In the 180 days to 2026-10-28, Steel Dynamics insiders were net sellers of STLD, a net $5.4M across purchases and sales reported on Form 4 by 3 sellers. None of the 8 insider sales was flagged as made under a Rule 10b5-1 plan. In the year to 2026-10-28, 1 member of Congress disclosed buying STLD and 0 members disclosed selling it; the latest on record is a purchase by Gilbert Cisneros dated 2026-01-09. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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