

Steel Dynamics, Inc. (STLD) Q2 2026 Earnings Call Transcript

Steel Dynamics NASDAQ: STLD reported a stronger sequential second quarter for 2026, with record steel shipments, higher realized steel prices and continued progress on its aluminum platform, executives said on the company's earnings call Tuesday.

STLD beat Q2 estimates as EPS jumped to $3.80, revenue climbed 33% and record steel shipments signaled strong momentum into late 2026.

Futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) are comfortably higher this morning

FORT WAYNE, Ind., July 21, 2026 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD), one of the largest domestic steel producers and metals recyclers in North America, today announced it intends to release second quarter 2026 financial results after market close on Monday, July 20, 2026.

Steel Dynamics, Inc. has surged 80% over the past year, driven by U.S. steel tariffs and robust pricing momentum. STLD's aluminum plant ramp-up should drive a free cash flow inflection, with profitability expected next year as production scales. Strong cost control and a stellar balance sheet underpin a secure dividend and active share buybacks, with leverage at 1.2x.

While the top- and bottom-line numbers for Steel Dynamics (STLD) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Steel Dynamics (STLD) came out with quarterly earnings of $3.69 per share, beating the Zacks Consensus Estimate of $3.56 per share. This compares to earnings of $2.01 per share a year ago.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.