Earning Analysis
Welcome to our in-depth analysis of Steel Dynamics Inc(STLD) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Steel Dynamics Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-10-20 | After Hours | 2.66 | 2.74 | +3.01 | 4.76B | 4.83B | +1.33 | +5.15 | +4.56 |
| FY2025Q2 | 2025-07-21 | After Hours | 2.04 | 2.01 | -1.47 | 4.73B | 4.57B | -3.58 | -1.70 | -2.75 |
| FY2025Q1 | 2025-04-22 | After Hours | 1.39 | 1.44 | +3.60 | 4.18B | 4.37B | +4.58 | +4.34 | +8.99 |
| FY2024Q4 | 2025-01-22 | After Hours | 1.28 | 1.36 | +6.25 | 4.00B | 3.87B | -3.25 | -0.42 | +5.11 |
| FY2024Q3 | 2024-10-16 | After Hours | 1.98 | 2.05 | +3.54 | 4.19B | 4.34B | +3.50 | +4.00 | -0.94 |
| FY2024Q2 | 2024-07-17 | - | 2.67 | 2.72 | +1.87 | 4.44B | 4.63B | +4.32 | -1.99 | -4.59 |
| FY2024Q1 | 2024-04-23 | - | 3.54 | 3.67 | +3.67 | 4.74B | 4.69B | -0.90 | -2.29 | -1.62 |
| FY2023Q4 | 2024-01-23 | - | 2.63 | 2.61 | -0.76 | 4.19B | 4.23B | +1.04 | +0.62 | +1.24 |
| FY2023Q3 | 2023-10-18 | - | 3.49 | 3.47 | -0.57 | 4.53B | 4.59B | +1.32 | -3.16 | -4.83 |
| - | 2023-07-19 | - | 4.82 | 4.81 | -0.21 | - | - | - | -3.15 | -3.31 |
STLD Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Steel Dynamics Inc reported performance for FY2025Q3, announced on 2025-10-20. The company achieved an EPS of 2.74, compared to analyst estimates of 2.66 by 3.01% . Revenue for the quarter reached 4.83B compared to expectations of 4.76B by 1.33% .
The stock price reacted with a 5.15% one-day change and a 4.56% five-day change following the earnings release. These movements reflect market reaction in Steel Dynamics Inc growth trajectory and strategic initiatives.
STLD Earnings Forecast
Looking ahead, Steel Dynamics Inc(STLD) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 4.65B and an EPS of 2.30.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -0.51%, while EPS estimates have been Revise Downward by -4.17%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Downward by -1.11% . These revisions correlate with a 24.87% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Steel Dynamics Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between STLD's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward
-0.51%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-4.17%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Downward
-1.11%
In Past 3 Month
Stock Price
Go Up
+24.87%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
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Revenue Estimate-Annual FY 2025:18.39B
--
EPS Estimate-Annual FY 2025:8.47
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Stock Price168.11
STLD Revenue and EPS Performance: A Historical Perspective
Steel Dynamics Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-10-20,After Hours):
EPS: 2.74 (Actual) vs.2.66 (Estimate) (3.01%)
Revenue: 4.83B (Actual) vs. 4.76B (Estimate) (1.33%)
Price Reaction: 5.15%(1-Day), 4.56%(5-Day)
FY2025Q2 (2025-07-21,After Hours):
EPS: 2.01 (Actual) vs.2.04 (Estimate) (-1.47%)
Revenue: 4.57B (Actual) vs. 4.73B (Estimate) (-3.58%)
Price Reaction: -1.70%(1-Day), -2.75%(5-Day)
FY2025Q1 (2025-04-22,After Hours):
EPS: 1.44 (Actual) vs.1.39 (Estimate) (3.60%)
Revenue: 4.37B (Actual) vs. 4.18B (Estimate) (4.58%)
Price Reaction: 4.34%(1-Day), 8.99%(5-Day)
Earnings Reaction
The chart below shows how STLD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, STLD sees a -0.28% change in stock price 10 days leading up to the earnings, and a +2.72% change 10 days following the report. On the earnings day itself, the stock moves by -0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed 5.15% on the day following the earnings release and then changed by 6.62% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Steel Dynamics Inc (STLD) Q3 2025 Earnings Call Summary
Positive
2025-10-21
The earnings call summary indicates strong financial performance with expected profitability improvements in steel fabrication and aluminum operations. The company is optimistic about future growth, supported by federal programs and favorable trade policies. The Q&A session highlights management's confidence in reaching EBITDA breakeven and positive cash flow. Despite some uncertainties, such as the inability to comment on specific customers, the overall sentiment is positive, with plans for capital investments, dividend increases, and share buybacks. The company's strategic focus on growth and market demand drivers suggests a likely positive stock price movement.
Steel Dynamics Inc (STLD) Q2 2025 Earnings Call Summary
Neutral
2025-07-22
The earnings call reveals mixed signals: while financial performance shows revenue growth and positive cash flow, margins are compressed due to increased costs. Product development and market strategy indicate optimism with new aluminum investments and positive market environment, but specific financial metrics are lacking. Shareholder return plan is unclear. Overall, the market sentiment is neutral as positive aspects are balanced by uncertainties and lack of specific guidance.
Earnings call transcript: Steel Dynamics Q3 2024 earnings miss expectations
Neutral
2025-01-23
The earnings call revealed mixed results. While there are positive elements such as a strong cash flow, share repurchases, and strategic growth plans, the financial performance showed declines in revenue, net income, and operating income. The Q&A section highlighted uncertainties in pricing and profitability due to external factors like anti-dumping investigations. These mixed signals, along with a lack of clear guidance on some issues, suggest a neutral sentiment, with no strong catalysts for a significant stock price movement in the short term.
Steel Dynamics, Inc. (STLD) Q3 2024 Earnings Call Summary
Positive
2024-10-17
The earnings call highlights strong financial health, with a significant dividend increase and share repurchases, indicating confidence in cash flow. The Q&A reveals management's optimism about future pricing strength and operational improvements, particularly in aluminum and value-add products. Despite some uncertainties, such as unclear dividend increase magnitude and coating line profitability, the overall sentiment is positive due to strategic investments and expected future growth. The market is likely to react positively, especially with the optimistic guidance and strong cash flow generation.
Steel Dynamics, Inc. (STLD) Q2 2024 Earnings Call Summary
Positive
2024-07-18
Basic Financial Performance: 3. Despite revenue and operating income declines, strong net income and cash flow suggest resilience. Product Development and Business Update: 4. New coating lines and aluminum project progress indicate growth potential. Market Strategy: 4. Positive outlook for 2024 and joint ventures show strategic alignment. Expenses and Financial Health: 3. High capex but strong liquidity and free cash flow. Shareholder Return Plan: 5. Dividend increase and stock repurchases are favorable. Q&A insights reaffirm strategic direction and growth potential, leading to a positive outlook.
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FAQ
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