Steel Dynamics Inc (STLD)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,563,010 | 2,039,230 | 3,151,180 | 5,112,610 | 4,266,280 |
| Interest expense | US$ in thousands | 70,043 | 56,347 | 76,484 | 91,538 | 57,209 |
| Interest coverage | 22.32 | 36.19 | 41.20 | 55.85 | 74.57 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,563,010K ÷ $70,043K
= 22.32
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
Steel Dynamics Inc
STLD
22.32
Commercial Metals Company
CMC
3.36
Nucor Corp
NUE
44.53