Steel Dynamics (STLD) vs peers

MaterialsPart of the US manufacturing theme

$253.53

Latest weekly close · Market cap $36.4B

STLD's P/E is 18.7x, compared with 33.8x at the middle of 16 peers.

Peer group: US Manufacturing Stocks. Updated Oct 30, 2026.

STLD and US Manufacturing Stocks, ranked by P/E
Stock	P/E	Own 5-year percentile
STLDSteel Dynamics	18.7×	76
ATIATI Inc	43.8×	73
FASTFastenal	42.7×	90
ROKRockwell Automation	42.3×	81
TXNTexas Instruments	40.6×	89
EMREmerson Electric	37.4×	96
DEDeere & Company	36.7×	98
GFSGLOBALFOUNDRIES Inc	35.8×	n/m, not ranked
GWWW. W. Grainger	35.0×	97
PHParker Hannifin	32.6×	79
MSMMSC Industrial Direct Co Inc	30.8×	97
FIXComfort Systems USA	28.6×	53
CATCaterpillar	27.9×	80
CRSCarpenter Technology Corp	26.3×	6
RSReliance Inc	20.5×	73
EMEEmcor	19.9×	37
CMCCommercial Metals Co	11.2×	61
CLFCleveland-Cliffs Inc	n/m	n/m, not ranked
INTCIntel	n/m	n/m, not ranked
Peer median	33.8×

How to read this comparison

Covered companies in this theme. Shared exposure does not imply the same business model.

P/E divides the share price by earnings per share over the last twelve months. The peer median leaves out STLD and stocks without a reading.

Each percentile compares a stock with its own weekly readings over the last five years, so 20 means its P/E is above 20% of its own past readings. It needs at least 26 weeks of history. It is not a rank against the other stocks in this table.

Different growth rates, margins and financial risks can explain different multiples. Stocks without positive earnings have no reading.

STLD versus the peer median

-45%

STLD: 18.7×
Peer median: 33.8×
Own 5-year median: 8.9×

Peer group

STLD P/E history Calculate STLD's implied price