Steel Dynamics (STLD) Return on Assets (ROA)

Price: $122.67
Market Cap: $18.42B
Avg Volume: 1.82M
Country: US
Industry: Steel
Sector: Basic Materials
Beta: 1.353
52W Range: $104.6-155.56
Website: Steel Dynamics

Steel Dynamics Return on Assets (ROA) Summary

Steel Dynamics's ROA indicates the return generated on the company's assets:

  • Annual: 10.29%
  • Quarterly: 1.39%
  • TTM: 10.29%

What is Return on Assets (ROA)?

Return on Assets (ROA) is a financial ratio that shows the percentage of profit a company earns in relation to its overall resources. It is an indicator of how efficiently a company is using its assets to generate earnings.

Related Metrics

Other important metrics to assess Steel Dynamics's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 17.20%
    • Quarterly: 2.32%
    • TTM: 16.98%
  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 11.50%
    • Quarterly: 1.55%
    • TTM: 11.50%
  • Return on Tangible Assets - measures the return generated on the company's tangible assets:
    • Annual: 10.80%
    • Quarterly: 1.46%
    • TTM: 10.80%
  • Profit Margin - shows the percentage of revenue that has turned into profit:
    • Annual: 8.76%
    • Quarterly: 5.35%
    • TTM: 8.76%

These metrics provide insights into Steel Dynamics's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROA

10.29%

Quarterly ROA

1.39%

TTM ROA

10.29%

Steel Dynamics Historical ROA
27.28%27.28%21.40%21.40%15.53%15.53%9.65%9.65%3.77%3.77%-2.10%-2.10%ROA20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROE
50.98%50.98%39.81%39.81%28.64%28.64%17.47%17.47%6.31%6.31%-4.86%-4.86%ROE20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROIC
38.90%38.90%32.29%32.29%25.68%25.68%19.06%19.06%12.45%12.45%5.84%5.84%-0.77%-0.77%ROIC20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Profit Margin
21.29%21.29%17.46%17.46%13.62%13.62%9.79%9.79%5.95%5.95%2.12%2.12%-1.72%-1.72%Profit Margin20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Return on Tangible Assets
28.85%28.85%22.61%22.61%16.36%16.36%10.12%10.12%3.88%3.88%-2.36%-2.36%Return on Tangible Assets20162016201720172018201820192019202020202021202120222022202320232024202420252025

Steel Dynamics Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROA ROE ROIC Profit Margin Return on Tangible Assets
2024 10.29% 17.20% 11.50% 8.76% 10.80%
2023 16.44% 27.64% 18.50% 13.04% 17.29%
2022 27.28% 47.51% 32.29% 17.35% 28.85%
2021 25.65% 50.98% 31.90% 17.46% 27.28%
2020 5.94% 12.68% 8.47% 5.74% 6.49%
2019 8.11% 16.47% 10.39% 6.40% 8.95%
2018 16.34% 31.98% 19.91% 10.64% 17.97%
2017 11.85% 24.25% 15.28% 8.52% 13.08%
2016 5.95% 13.05% 8.13% 4.91% 6.65%
2015 -2.10% -4.86% -0.77% -1.72% -2.36%

Related Metrics

Explore detailed financial metrics and analysis for STLD.