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Steel Dynamics (STLD) Reports Q1 Earnings: What Key Metrics Have to Say
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Steel Dynamics (STLD - Free Report) reported $5.2 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 19.1%. EPS of $2.78 for the same period compares to $1.44 a year ago.
The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $5.1 billion. With the consensus EPS estimate being $2.79, the EPS surprise was -0.27%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Steel Dynamics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Steel - Average external sales price (Per ton): 1,193.00 $/ton compared to the 1,160.44 $/ton average estimate based on three analysts.
Steel Fabrication - Average sales price (Per ton): 2,478.00 $/ton versus 2,511.38 $/ton estimated by three analysts on average.
Steel - External Shipments (Tons): 2,966.12 KTon compared to the 3,158.23 KTon average estimate based on three analysts.
Steel Fabrication - Shipments (Tons): 143.42 KTon versus 147.57 KTon estimated by three analysts on average.
Steel - Average ferrous cost (Per ton melted): 396.00 $/ton versus the three-analyst average estimate of 398.71 $/ton.
Steel - Flat Roll shipments - Butler, Columbus and Sinton: 2,011.44 KTon versus the two-analyst average estimate of 2,146.75 KTon.
Metals Recycling - Ferrous shipments (Gross tons): 1,473.46 KTon compared to the 1,461.22 KTon average estimate based on two analysts.
External Net Sales- Steel Fabrication: $355.43 million versus $370.92 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.
External Net Sales- Metals Recycling: $593.18 million versus $512.89 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
External Net Sales- Steel: $3.54 billion versus $3.66 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +15.4% change.
External Net Sales- Other: $490.11 million versus the two-analyst average estimate of $342.71 million. The reported number represents a year-over-year change of +40.7%.
External Net Sales- Aluminum: $227.39 million versus the two-analyst average estimate of $306.59 million.
Shares of Steel Dynamics have returned +22.2% over the past month versus the Zacks S&P 500 composite's +6.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Steel Dynamics (STLD) Reports Q1 Earnings: What Key Metrics Have to Say
Steel Dynamics (STLD - Free Report) reported $5.2 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 19.1%. EPS of $2.78 for the same period compares to $1.44 a year ago.
The reported revenue represents a surprise of +2.08% over the Zacks Consensus Estimate of $5.1 billion. With the consensus EPS estimate being $2.79, the EPS surprise was -0.27%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Steel Dynamics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Steel Dynamics here>>>
Shares of Steel Dynamics have returned +22.2% over the past month versus the Zacks S&P 500 composite's +6.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.