Steel Dynamics, Inc. STLD NASDAQ

Steel Dynamics, Inc. (STLD) generated $1.45B in operating cash flow for fiscal year 2025. After capital expenditures of $948.03M, free cash flow was $501.51M.

Free cash flow margin was 2.8% of revenue. Cash conversion ratio was 1.22x, indicating earnings are backed by cash.

The company returned $291.18M in dividends and $900.87M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (100/100, Pass) — demonstrate the company can comfortably service its debt
• MOAT (41/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (45/100) — Cash conversion ratio was 1.22x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 56/100 with 2/7 criteria passed.