Why is STLD up?
Up 320% over five years while the S&P 500 rose 76%.
“Net sales for the steel operations segment were 7% higher in 2025 when compared to 2024, due to a 9% increase in segment shipments.”
STLD's Quality Score fell 3 points on Fri, Oct 30, to 13. Closed away from the day's high (3 chart checks stopped).
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Up 320% over five years while the S&P 500 rose 76%.
“Net sales for the steel operations segment were 7% higher in 2025 when compared to 2024, due to a 9% increase in segment shipments.”
| The company | Profit up 54% to $1.6B |
| Latest filing | 8-K, Oct 20 |
Tue Oct 20Steel Dynamics: Q3 Earnings Snapshot
After its last 4 reports it closed +1.6% on average, higher 3 of 4 times.
Above Averagefor quality, not price, 5 of 14 chart checks firingWhat the Quality Score means
STLD is #3 of 12 by Quality Score among Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens).
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Net income over four quarters: STLD $1.61B, NUE $2.88B, CRS $530M, CLF -$473M.
Reports Tue Nov 10 (in 8 days). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $6.5B.
“2026 operating income for the company's steel operations was $1.0 billion, or 43 percent higher than sequential second quarter results, due to record steel shipments and metal spread expansion, as average realized steel selling prices increased and scrap raw material costs declined.”
STLD's results filing gives no sales by line in a table we read.
No outlook figures read from this release.
“Underlying demand for aluminum flat-rolled products across our targeted consumer sectors remains strong and is forecast to continue to grow.”
From its results filing (SEC filing · Oct 20)
Sales grew 14% a year over 5 years, fiscal 2020 to 2025.
Pays $2.12 a share a year.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Oct 20, 2026 | +0.1% | +1.5% | +1.0% |
| Jul 21, 2026 | +1.0% | +2.2% | +11.2% |
| Apr 21, 2026 | +1.8% | +3.3% | +3.1% |
Sales grew in three of the last seven years, to $18B in 2025. It made a profit in each of the five years.
3 insiders sold $5.4M across 8 filings in the last 6 months. No open-market buys on record. The newest:
5 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: STLD is 0.1% of VIG, under 0.1% of DGRO, and under 0.1% of SPYI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
“The markets in which we conduct business are highly competitive with an abundance of competition in the carbon steel industry from North American and foreign integrated and mini-mill steelmaking and processing operations.”
STLD scores 13 today, which Breakaway calls Above Average. It is #3 of 12 in Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) by Quality Score, with 5 of 14 chart checks firing. Up 320% over five years while the S&P 500 rose 76%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
STLD scores 13 today, which Breakaway calls Above Average (11 to 14). That is #3 of 12 in Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind STLD's 13.
3 insiders sold $5.4M across 8 filings in the last 6 months. No open-market buys on record. The newest is James Stanley Anderson, Senior Vice President, who sold $1.2M on Jun 5. Every filing, with the scored weight, for Pro members.
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