Free Trial

Steel Dynamics (STLD) Competitors

Steel Dynamics logo
$238.38 +4.21 (+1.80%)
Closing price 10/9/2026 04:00 PM Eastern
Extended Trading
$238.22 -0.16 (-0.07%)
As of 10/9/2026 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

STLD vs. LIN, AEM, CLF, CMC, and MT

Should you buy Steel Dynamics stock or one of its competitors? Steel Dynamics's main competitors and comparable companies include Linde (LIN), Agnico Eagle Mines (AEM), Cleveland-Cliffs (CLF), Commercial Metals (CMC), and ArcelorMittal (MT). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "materials" sector.

How does Steel Dynamics compare to Linde?

Steel Dynamics (NASDAQ:STLD) and Linde (NASDAQ:LIN) are both large-cap materials companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, valuation, risk, institutional ownership, analyst recommendations, media sentiment, earnings and profitability.

Steel Dynamics has a beta of 1.48, indicating that its stock price is 48% more volatile than the broader market. Comparatively, Linde has a beta of 0.71, indicating that its stock price is 29% less volatile than the broader market.

Linde has higher revenue and earnings than Steel Dynamics. Steel Dynamics is trading at a lower price-to-earnings ratio than Linde, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.18B1.88$1.19B$11.0321.61
Linde$33.99B6.56$6.90B$15.4831.25

In the previous week, Linde had 10 more articles in the media than Steel Dynamics. MarketBeat recorded 21 mentions for Linde and 11 mentions for Steel Dynamics. Linde's average media sentiment score of 1.06 beat Steel Dynamics' score of 0.52 indicating that Linde is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
2 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Linde
13 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 82.8% of Linde shares are owned by institutional investors. 6.6% of Steel Dynamics shares are owned by company insiders. Comparatively, 0.3% of Linde shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Linde has a net margin of 20.43% compared to Steel Dynamics' net margin of 7.83%. Linde's return on equity of 20.09% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics7.83% 18.12% 9.81%
Linde 20.43%20.09%9.28%

Steel Dynamics pays an annual dividend of $2.12 per share and has a dividend yield of 0.9%. Linde pays an annual dividend of $6.40 per share and has a dividend yield of 1.3%. Steel Dynamics pays out 19.2% of its earnings in the form of a dividend. Linde pays out 41.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 13 consecutive years and Linde has increased its dividend for 5 consecutive years.

Steel Dynamics currently has a consensus target price of $257.45, indicating a potential upside of 8.00%. Linde has a consensus target price of $545.80, indicating a potential upside of 12.83%. Given Linde's stronger consensus rating and higher possible upside, analysts plainly believe Linde is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
Linde
0 Sell rating(s)
2 Hold rating(s)
19 Buy rating(s)
2 Strong Buy rating(s)
3.00

Summary

Linde beats Steel Dynamics on 15 of the 20 factors compared between the two stocks.

How does Steel Dynamics compare to Agnico Eagle Mines?

Steel Dynamics (NASDAQ:STLD) and Agnico Eagle Mines (NYSE:AEM) are both large-cap materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, media sentiment, profitability, dividends, risk and institutional ownership.

In the previous week, Steel Dynamics had 5 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 11 mentions for Steel Dynamics and 6 mentions for Agnico Eagle Mines. Agnico Eagle Mines' average media sentiment score of 0.60 beat Steel Dynamics' score of 0.52 indicating that Agnico Eagle Mines is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
2 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Agnico Eagle Mines
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Agnico Eagle Mines has lower revenue, but higher earnings than Steel Dynamics. Agnico Eagle Mines is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.18B1.88$1.19B$11.0321.61
Agnico Eagle Mines$11.91B8.05$4.46B$11.6916.18

82.4% of Steel Dynamics shares are held by institutional investors. Comparatively, 68.3% of Agnico Eagle Mines shares are held by institutional investors. 6.6% of Steel Dynamics shares are held by company insiders. Comparatively, 0.5% of Agnico Eagle Mines shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Agnico Eagle Mines has a net margin of 40.44% compared to Steel Dynamics' net margin of 7.83%. Agnico Eagle Mines' return on equity of 22.04% beat Steel Dynamics' return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics7.83% 18.12% 9.81%
Agnico Eagle Mines 40.44%22.04%16.22%

Steel Dynamics has a beta of 1.48, meaning that its share price is 48% more volatile than the broader market. Comparatively, Agnico Eagle Mines has a beta of 0.64, meaning that its share price is 36% less volatile than the broader market.

Steel Dynamics currently has a consensus target price of $257.45, suggesting a potential upside of 8.00%. Agnico Eagle Mines has a consensus target price of $225.62, suggesting a potential upside of 19.25%. Given Agnico Eagle Mines' stronger consensus rating and higher probable upside, analysts clearly believe Agnico Eagle Mines is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
Agnico Eagle Mines
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76

Steel Dynamics pays an annual dividend of $2.12 per share and has a dividend yield of 0.9%. Agnico Eagle Mines pays an annual dividend of $1.80 per share and has a dividend yield of 1.0%. Steel Dynamics pays out 19.2% of its earnings in the form of a dividend. Agnico Eagle Mines pays out 15.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 13 consecutive years. Agnico Eagle Mines is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Agnico Eagle Mines beats Steel Dynamics on 12 of the 19 factors compared between the two stocks.

How does Steel Dynamics compare to Cleveland-Cliffs?

Cleveland-Cliffs (NYSE:CLF) and Steel Dynamics (NASDAQ:STLD) are both materials companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings.

Steel Dynamics has a net margin of 7.83% compared to Cleveland-Cliffs' net margin of -4.56%. Steel Dynamics' return on equity of 18.12% beat Cleveland-Cliffs' return on equity.

Company Net Margins Return on Equity Return on Assets
Cleveland-Cliffs-4.56% -13.37% -3.96%
Steel Dynamics 7.83%18.12%9.81%

Cleveland-Cliffs has a beta of 2.09, meaning that its stock price is 109% more volatile than the broader market. Comparatively, Steel Dynamics has a beta of 1.48, meaning that its stock price is 48% more volatile than the broader market.

In the previous week, Cleveland-Cliffs had 10 more articles in the media than Steel Dynamics. MarketBeat recorded 21 mentions for Cleveland-Cliffs and 11 mentions for Steel Dynamics. Steel Dynamics' average media sentiment score of 0.52 beat Cleveland-Cliffs' score of 0.41 indicating that Steel Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cleveland-Cliffs
7 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Steel Dynamics
2 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics has lower revenue, but higher earnings than Cleveland-Cliffs. Cleveland-Cliffs is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cleveland-Cliffs$18.61B0.40-$1.48B-$1.62N/A
Steel Dynamics$18.18B1.88$1.19B$11.0321.61

Cleveland-Cliffs presently has a consensus price target of $12.35, suggesting a potential downside of 4.80%. Steel Dynamics has a consensus price target of $257.45, suggesting a potential upside of 8.00%. Given Steel Dynamics' stronger consensus rating and higher possible upside, analysts plainly believe Steel Dynamics is more favorable than Cleveland-Cliffs.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cleveland-Cliffs
2 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.09
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67

67.7% of Cleveland-Cliffs shares are held by institutional investors. Comparatively, 82.4% of Steel Dynamics shares are held by institutional investors. 1.0% of Cleveland-Cliffs shares are held by company insiders. Comparatively, 6.6% of Steel Dynamics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Steel Dynamics beats Cleveland-Cliffs on 13 of the 16 factors compared between the two stocks.

How does Steel Dynamics compare to Commercial Metals?

Steel Dynamics (NASDAQ:STLD) and Commercial Metals (NYSE:CMC) are both materials companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, profitability, institutional ownership, valuation and earnings.

Steel Dynamics pays an annual dividend of $2.12 per share and has a dividend yield of 0.9%. Commercial Metals pays an annual dividend of $0.80 per share and has a dividend yield of 1.3%. Steel Dynamics pays out 19.2% of its earnings in the form of a dividend. Commercial Metals pays out 15.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 13 consecutive years and Commercial Metals has increased its dividend for 4 consecutive years. Commercial Metals is clearly the better dividend stock, given its higher yield and lower payout ratio.

Steel Dynamics presently has a consensus price target of $257.45, indicating a potential upside of 8.00%. Commercial Metals has a consensus price target of $80.27, indicating a potential upside of 25.57%. Given Commercial Metals' higher possible upside, analysts plainly believe Commercial Metals is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
Commercial Metals
0 Sell rating(s)
6 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.60

Steel Dynamics has a net margin of 7.83% compared to Commercial Metals' net margin of 6.72%. Steel Dynamics' return on equity of 18.12% beat Commercial Metals' return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics7.83% 18.12% 9.81%
Commercial Metals 6.72%15.69%7.65%

Steel Dynamics has higher revenue and earnings than Commercial Metals. Commercial Metals is trading at a lower price-to-earnings ratio than Steel Dynamics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.18B1.88$1.19B$11.0321.61
Commercial Metals$7.80B0.91$84.66M$5.3112.04

Steel Dynamics has a beta of 1.48, meaning that its stock price is 48% more volatile than the broader market. Comparatively, Commercial Metals has a beta of 1.53, meaning that its stock price is 53% more volatile than the broader market.

In the previous week, Steel Dynamics had 2 more articles in the media than Commercial Metals. MarketBeat recorded 11 mentions for Steel Dynamics and 9 mentions for Commercial Metals. Steel Dynamics' average media sentiment score of 0.52 beat Commercial Metals' score of 0.08 indicating that Steel Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
2 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Commercial Metals
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 86.9% of Commercial Metals shares are owned by institutional investors. 6.6% of Steel Dynamics shares are owned by insiders. Comparatively, 0.6% of Commercial Metals shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Steel Dynamics beats Commercial Metals on 13 of the 19 factors compared between the two stocks.

How does Steel Dynamics compare to ArcelorMittal?

Steel Dynamics (NASDAQ:STLD) and ArcelorMittal (NYSE:MT) are both large-cap materials companies, but which is the superior investment? We will compare the two companies based on the strength of their earnings, risk, media sentiment, valuation, dividends, profitability, analyst recommendations and institutional ownership.

Steel Dynamics currently has a consensus price target of $257.45, indicating a potential upside of 8.00%. ArcelorMittal has a consensus price target of $74.55, indicating a potential upside of 16.39%. Given ArcelorMittal's higher probable upside, analysts clearly believe ArcelorMittal is more favorable than Steel Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Steel Dynamics
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
ArcelorMittal
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55

ArcelorMittal has higher revenue and earnings than Steel Dynamics. Steel Dynamics is trading at a lower price-to-earnings ratio than ArcelorMittal, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Steel Dynamics$18.18B1.88$1.19B$11.0321.61
ArcelorMittal$61.35B0.81$3.15B$2.3627.14

Steel Dynamics has a net margin of 7.83% compared to ArcelorMittal's net margin of 2.88%. Steel Dynamics' return on equity of 18.12% beat ArcelorMittal's return on equity.

Company Net Margins Return on Equity Return on Assets
Steel Dynamics7.83% 18.12% 9.81%
ArcelorMittal 2.88%4.20%2.42%

82.4% of Steel Dynamics shares are owned by institutional investors. Comparatively, 9.3% of ArcelorMittal shares are owned by institutional investors. 6.6% of Steel Dynamics shares are owned by company insiders. Comparatively, 0.1% of ArcelorMittal shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Steel Dynamics pays an annual dividend of $2.12 per share and has a dividend yield of 0.9%. ArcelorMittal pays an annual dividend of $0.51 per share and has a dividend yield of 0.8%. Steel Dynamics pays out 19.2% of its earnings in the form of a dividend. ArcelorMittal pays out 21.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Steel Dynamics has increased its dividend for 13 consecutive years. Steel Dynamics is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Steel Dynamics had 2 more articles in the media than ArcelorMittal. MarketBeat recorded 11 mentions for Steel Dynamics and 9 mentions for ArcelorMittal. Steel Dynamics' average media sentiment score of 0.52 beat ArcelorMittal's score of 0.51 indicating that Steel Dynamics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Steel Dynamics
2 Very Positive mention(s)
6 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
ArcelorMittal
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Steel Dynamics has a beta of 1.48, indicating that its stock price is 48% more volatile than the broader market. Comparatively, ArcelorMittal has a beta of 1.54, indicating that its stock price is 54% more volatile than the broader market.

Summary

Steel Dynamics beats ArcelorMittal on 14 of the 19 factors compared between the two stocks.

Get Steel Dynamics News Delivered to You Automatically

Sign up to receive the latest news and ratings for STLD and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding STLD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

STLD vs. The Competition

MetricSteel DynamicsMetals & Mining IndustryMaterials SectorNASDAQ Exchange
Market Cap$34.17B$3.83B$4.77B$13.30B
Dividend Yield0.89%5.25%4.78%22.58%
P/E Ratio21.6124.7224.4226.14
Price / Sales1.8825,955.8515,482.3485.23
Price / Cash20.0427.1224.9753.71
Price / Book3.9611.849.856.33
Net Income$1.19B$127.34M$159.48M$382.15M
7 Day Performance2.75%0.92%0.52%-1.40%
1 Month Performance-0.59%-2.45%-2.74%-3.35%
1 Year Performance68.79%21.23%18.43%1.49%

Steel Dynamics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STLD
Steel Dynamics
4.8238 of 5 stars
$238.38
+1.8%
$257.45
+8.0%
+68.8%$34.17B$18.18B21.6114,400
LIN
Linde
4.3911 of 5 stars
$481.70
-0.5%
$545.80
+13.3%
+6.6%$223.11B$33.99B31.1265,177
AEM
Agnico Eagle Mines
4.1168 of 5 stars
$183.88
+1.9%
$228.69
+24.4%
+15.2%$91.45B$14.53B15.7318,216
CLF
Cleveland-Cliffs
1.4484 of 5 stars
$12.20
+1.2%
$12.45
+2.0%
-1.7%$6.88B$18.61BN/A25,000
CMC
Commercial Metals
4.845 of 5 stars
$63.12
-0.2%
$80.55
+27.6%
+12.1%$7.00B$7.80B11.8912,690

Related Companies and Tools


This page (NASDAQ:STLD) was last updated on 10/11/2026 by MarketBeat.com Staff.
From Our Partners