InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$240.54

2026-10-16

Market Cap

$34.5B

Volume

0.9M

52-Wk High

$288.74

52-Wk Low

$141.45

Trailing PE

21.7

P/S

1.68

Gross Margin

14.6%

Net Margin

7.8%

ROE

18%

ROIC

11%

Piotroski

7/9

Altman Z

6.0

1-Yr Return

+68.6%

5-Yr Return

+882.2%

Steel Dynamics, Inc. is a prominent American steel manufacturer and metal recycling enterprise, conducting its operations through three distinct business divisions. The Steel Operations segment is responsible for producing a broad range of steel products, including hot, cold, and coated rolled steel, various structural shapes like beams, channels, and angles, flat and reinforcing bars, and a diverse selection of rail and engineered steel bar products. This segment also provides specialized processing services for both bar products (such as turning, polishing, and heat treating) and specialty items (including cutting, welding, and galvanizing). Its offerings cater to numerous industries, such as construction, automotive, manufacturing, transportation, heavy and agricultural equipment, and pipe and tube production. Sales are channeled directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations division focuses on acquiring, processing, and reselling ferrous (e.g., heavy melting steel, shredded scrap, cast iron) and nonferrous (e.g., aluminum, copper, stainless steel) scrap metals, transforming them into reusable materials. This division further offers supplementary services including transportation logistics, marketing, brokerage, and scrap management. The Steel Fabrication Operations segment manufactures crucial components for commercial building construction, such as steel joists, girders, trusses, and steel deck products. Established in 1993 and headquartered in Fort Wayne, Indiana, the company also engages in exporting its products internationally.

SectorBasic MaterialsIndustrySteelExchangeNASDAQMarket Cap$34.5BEmployees14,400 (SEC-filed)CEOMark D. MillettIPO1996-11-22CountryUS

7575 West Jefferson Boulevard, Fort Wayne, IN 46804 · Tel 260 969 3500 · steeldynamics.com

INSIDERSTREET SCORE63 / 100Street mean $273.33 (6 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$8M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · STLD +68.6% · S&P 500 +15.9% · spread +52.8pp

7 Years vs S&P 500 · STLD +882.2% · S&P 500 +189.9% · spread +692.3pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE63of 100

Score Breakdown

Profitability	43/100
Growth	73/100
Momentum	88/100
Quality	70/100
Earnings Quality	80/100
Balance Sheet	77/100
Value	62/100
Risk (safety)	100/100
Overall	62.9/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
MT	35
RS	57
NUE	67
CRS	70
TX	41
CMC	64
STLD	63

IS Score Trend — quarterly

14 quarters, 23 Q1 to 26 Q2. Peak 69 in 23 Q1, latest 63 — -6 since. Fell in 0 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY63 / 100IS Score 62.9 / 100 · -6.4 from peak of 69

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBULLISHTechnical Score 78 / 100 · Power +57 · 18 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 63 and price structure at 78 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 62.9	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 44 → 47 → 59 → 63	the direction matters more than the level
Technical vote share back above 50%	now 100%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,028 → now 1,028	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

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This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)2 buys2026-05-01

Insider Buys (180d)0none disclosed

ETF Funds (30d)1071 up / 957 downnet +114 funds

Institutions Added (13F)86managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,028 · latest 1,028 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	1,028	120.6M	$26.6B	83.5%
2026 Q1	942	117.8M	$20.4B	81.6%
2025 Q4	918	120.7M	$19.7B	83.6%
2025 Q3	805	111.6M	$15.0B	77.3%
2025 Q2	818	119.0M	$14.3B	82.4%
2025 Q1	809	122.4M	$14.3B	84.8%
2024 Q4	796	123.8M	$13.2B	85.7%
2024 Q3	789	123.9M	$14.7B	85.8%
2024 Q2	783	129.1M	$16.1B	89.4%
2024 Q1	784	129.7M	$18.6B	89.8%
2023 Q4	769	131.4M	$15.0B	91.0%
2023 Q3	692	135.0M	$14.2B	93.5%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

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Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Sierra Luis Manuel	director	2026-10-09	A-Award	7	—	11,530
Seaman Bradley S	director	2026-10-09	A-Award	105	—	51,705
Hamann Jennifer L	director	2026-10-09	A-Award	18	—	5,394
Dolan Traci M	director	2026-10-09	A-Award	97	—	59,067
Cornew Kenneth W.	director	2026-10-09	A-Award	2	—	32,015
Bargabos Sheree L	director	2026-10-09	A-Award	40	—	27,145
Hamann Jennifer L	director	2026-08-13	A-Award	72	—	5,376
Millett Mark D	director, Chairman and CEO	2026-07-28	GIFT	300	—	3,016,401

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	13	31,125	$7.6M	Counted
F — Tax withholding	9	66,534	$12.1M	None — compensation
G — Gifts	2	500	—	None
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$7.6M13 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-06-05	James Anderson	10,000	$2.7M
2026-06-02	Shaheen Gabriel	1,526	$0.4M
2026-06-01	Shaheen Gabriel	800	$0.2M
2026-05-13	Graham Christopher A	9,000	$2.1M
Trailing 12 mo	8 filings	41,702	$9M

Filed	Form	Reporting person	% of class	Shares
2026-05-12	SCHEDULE 13G	STATE STREET CORPORATION	5.20%	7.5M sh
2026-04-30	SCHEDULE 13G	Vanguard Capital Management	7.14%	10.3M sh
2026-03-27	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change
2025-02-05	SCHEDULE 13G/A	BlackRock, Inc.	7.80%	11.9M sh

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Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	SELL	$1,001 - $15,000	2026-07-07	2026-08-12
Ro Khanna	House	BUY	$1,001 - $15,000	2026-05-01	2026-06-11
Gilbert Cisneros	House	BUY	$1,001 - $15,000	2026-01-09	2026-02-13
Alan Armstrong	Senate	BUY	$1,001 - $15,000	2026-03-27	2026-07-21
John Fetterman	Senate	SELL	$1,001 - $15,000	2025-12-22	2026-01-06
John Karl Fetterman	Senate	SELL	$1,001 - $15,000	2025-12-22	2026-01-06

House 12-Mo4 trades3 purchases

Senate 12-Mo3 trades1 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)942

13F Shares118M81.6% of shares out

New / Closed129 / 91positions, QoQ

Increased / Reduced330 / 320positions, QoQ

Put/Call (13F)1.05option positions

Free Float93.2%134M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Sapient Capital Llc	740,730	$165M
Ninety One Uk Ltd	219,042	$49M
Fjarde Ap-Fonden /Fourth Swedish N	142,137	$31M
Bailard, Inc.	113,814	$25M
Artemis Investment Management Llp	70,446	$16M
Fisher Funds Management Ltd	55,789	$12M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$957M
VTSAX	0.0%	$957M
VSMPX	0.0%	$957M
VTI	0.0%	$957M
VOO	0.0%	$784M
VFIAX	0.0%	$784M

13F Filers Holding STLD — quarterly

Institutional Put/Call — quarterly

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Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session47.1%2026-10-15

20-Day Avg57.2%50-day 56.2%

TrendRising20d vs 50d

By Market CenterQ: 48% · N: 42% · B: 74%latest session

Weekly Notional ($B)

Where STLD Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	1.8M	34 sh
Ubsa Ubs Ats	1.6M	39 sh
Sgmt Sigma X2	1.1M	31 sh
Ebxl Level Ats	1.0M	20 sh
Mlix Instinct X	0.7M	50 sh
Mstx Ms Trajectory Cross (Ats-1)	0.6M	19 sh

Where a dollar of Steel Dynamics, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
U [S]	$17.0B	100%

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STLD (live moat model)Peer median: MT · RS · NUE · CRS · TX

Component scores from the live moat model. Peer median illustrative.

Moat score 55/100 — Narrow; primary source Efficient Scale.

3.8 · Employees (SEC filings)

Officer	Title
Mark D. Millett	Co-Founder, Chairman & Chief Executive Officer
Barry T. Schneider	Executive VP & CTO
Theresa E. Wagler	Executive VP, CFO, Company Secretary & Director
Christopher A. Graham	Executive VP & COO of Flat Rolled Steel Operations

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

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Quarterly EPS — Actual vs. Consensus

Beats (>2%)3 of 6recent quarters

Avg Surprise+0.8%

Next Report2026-10-19

Income Quality0.98OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

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Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+91.7%	+20.9%	-15.6%	-6.7%	+3.6%
Gross profit	+273.8%	+14.1%	-33.9%	-30.7%	-15.6%
Operating income	+407.7%	+18.4%	-38.1%	-38.3%	-24.0%
Net income	+483.5%	+20.2%	-36.5%	-37.3%	-22.9%

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	18.4	22.3	18.8	17.5	18.2
Cost of revenue	13.0	16.1	14.7	14.7	15.8
Gross profit	5.4	6.1	4.0	2.8	2.4
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	0.6	0.5	0.6	0.7	0.9
Operating income	4.3	5.1	3.2	1.9	1.5
EBITDA	4.6	5.5	3.7	2.5	2.1
D&A	0.3	0.4	0.4	0.5	0.6
Pretax income	4.2	5.0	3.2	2.0	1.5
Income tax	1.0	1.1	0.8	0.4	0.3
Net income	3.2	3.9	2.5	1.5	1.2
Diluted EPS ($)	15.56	20.92	14.64	9.84	7.99
Diluted shares (M)	207	185	167	156	148

Operating CF$1B

CapEx$1B

Free cash flow$1B

SBC$0B

Buybacks$1B

Net cash change$0B

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Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	1.6	1.4	0.6	0.8
ST investments	0.6	0.7	0.1	0.0
Receivables (net)	2.1	1.6	1.4	1.7
Total current assets	7.6	6.8	5.4	6.5
PP&E (net)	5.4	6.7	8.1	8.6
Goodwill + intangibles	0.8	0.7	0.7	0.8
Total assets	14.2	14.9	14.9	16.4
Accounts payable	1.0	1.1	1.0	1.2
Short-term debt	0.1	0.5	0.4	0.0
Deferred revenue	0.0	0.0	0.0	0.0
Total current liabilities	2.0	2.3	2.2	2.1
Long-term debt	3.0	2.6	2.8	4.2
Total liabilities	6.1	6.1	6.0	7.5
Shareholders' equity	8.1	8.8	8.9	8.9

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	3.9	2.5	1.5	1.2
D&A	0.4	0.4	0.5	0.6
Stock-based compensation	0.1	0.1	0.1	0.0
Working capital change	0.1	0.5	(0.2)	(0.4)
Operating cash flow	4.5	3.5	1.8	1.4
Capital expenditures	(0.9)	(1.7)	(1.9)	(0.9)
Investing cash flow	(1.9)	(2.0)	(1.3)	(1.0)
Buybacks	(1.8)	(1.5)	(1.2)	(0.9)
Dividends paid	(0.2)	(0.3)	(0.3)	(0.3)
Debt issuance / (repay)	(0.0)	(0.0)	0.2	1.0
Financing cash flow	(2.2)	(1.8)	(1.4)	(0.3)
Free cash flow	3.6	1.9	(0.0)	0.5

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	60.4%	53.5%	28.8%	17.3%	13.3%	18%
ROA	29.5%	28.9%	16.9%	10.3%	7.6%	9.4%
ROIC	40.6%	44.0%	24.6%	13.2%	9.5%	10.8%
Gross margin	29.1%	27.5%	21.5%	16.0%	13.0%	14.6%
Operating margin	23.4%	22.9%	16.8%	11.1%	8.1%	10.6%
Net margin	17.5%	17.4%	13.0%	8.8%	6.5%	7.8%
EBITDA margin	25.1%	24.7%	19.9%	14.4%	11.6%	14.5%
FCF margin	6.5%	16.0%	9.9%	-0.1%	2.8%	—
VALUATION
P/E	3.62	4.27	7.62	11.21	20.90	21.7
P/B	1.85	2.03	2.11	1.93	2.77	3.7
P/S	0.63	0.74	0.99	0.98	1.36	1.68
P/FCF	9.71	4.64	10.03	-733.16	49.41	36.1
EV/EBITDA	2.93	3.15	5.26	7.88	13.35	12.8
EV/Revenue	0.73	0.78	1.04	1.13	1.55	1.9
Earnings yield	27.6%	23.4%	13.1%	8.9%	4.8%	4.63%
FCF yield	10.3%	21.5%	10.0%	-0.1%	2.0%	2.77%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	3.10	3.76	2.91	2.53	3.06	3.18
Quick ratio	1.51	2.22	1.67	1.08	1.29	1.45
Debt / equity	0.49	0.38	0.35	0.37	0.47	0.44
Debt / assets	24.8%	21.7%	20.6%	22.4%	25.7%	24.4%
Net debt / EBITDA	0.40	0.15	0.25	1.04	1.63	1.21
Interest coverage	74.57	55.85	43.09	36.19	22.32	—

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	1.69	1.67	1.29	1.18	1.16	1.20
Receivables turnover	12.75	11.21	10.26	11.60	11.73	8.4
DSO (days)	29	33	36	31	31	43
DPO (days)	29	26	26	26	26	31
Cash conversion cycle	75	82	84	80	85	95
GROWTH (YoY)
Revenue growth	91.7%	20.9%	-15.6%	-6.7%	3.6%	—
Net income growth	483.5%	20.2%	-36.5%	-37.3%	-22.9%	—
EPS growth	522.4%	35.8%	-31.2%	-33.4%	-19.4%	—
FCF growth	667.7%	196.5%	-47.6%	-101.3%	2233.8%	—
PER SHARE ($)
EPS (diluted, TTM)	16.17	21.96	15.10	10.06	8.11	11.13
Book value / share	31.71	46.22	54.64	58.47	61.25	64.84
Revenue / share	92.60	126.56	115.82	114.79	124.29	142.24
FCF / share	6.03	20.19	11.47	-0.15	3.43	6.62
Cash / share	6.26	12.83	13.08	4.83	5.26	3.93
SHAREHOLDER RETURN & SCORES
Buyback yield	9.1%	10.9%	7.8%	7.0%	3.6%	2.31%
Altman Z-Score	5.03	5.99	5.47	5.00	5.07	6.0
Piotroski F-Score	7	8	5	4	6	7/9
Beneish M-Score	-1.43	-2.14	-2.90	-2.45	-2.43	-2.15

Model	Score	Zone	Note
Piotroski F-Score	7 / 9	Strong
Altman Z-Score	6.0	Safe (>2.99)	Safe
Income quality	0.98	Accrual-heavy	OCF ÷ net income
Beneish M-Score	-2.15	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.74
Interest burden	0.92
Operating margin	11.5%
Asset turnover	1.26×
Financial leverage	1.79×
= ROE	18%

Growth Quality (live)	Value
Revenue stability	0.49
Earnings stability	0.19
Earnings persistence	0.50
Revenue CAGR 3y	0.1%
EPS CAGR 3y	-14.4%
FCF CAGR 3y	-31.8%

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Buyback Yield2.31%

Dividend Yield0.87%

Total Shareholder Return3.21%cash yield

SBC / Revenue0.2%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
MT	$47.5B	26.6	3%	4.1%	+3.6%	6/9	+63.5%
RS	$21.0B	23.8	12%	7.0%	+15.4%	6/9	+55.0%
NUE	$58.1B	20.4	14%	11.1%	+17.2%	8/9	+95.5%
CRS	$18.7B	35.6	26%	19.1%	+8.6%	9/9	+58.5%
TX	$11.2B	15.8	6%	7.9%	-1.6%	6/9	—
CMC	$7.2B	11.0	15%	8.0%	+20.5%	6/9	—
CLF	$6.9B	-7.3	-15%	-2.8%	+4.0%	4/9	—
NTR	$34.0B	14.4	9%	11.2%	+8.4%	8/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

27 Analysts

Str Sell (0)Sell (1)Hold (12)Buy (14)Str Buy (0)

Mean Target (qtr)$273.336 targets

Target vs. Price+13.6%last-quarter mean

Next Report2026-10-19street $5.47

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$24.03B	$25.13B / $22.84B	$17.73	$18.12 / $17.12	6
FY2027	$24.90B	$27.30B / $22.89B	$21.58	$22.29 / $20.06	9
FY2028	$23.75B	$26.11B / $20.70B	$18.59	$25.04 / $14.81	6

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Quarter	$273.33	+13.6%	6
Last Year	$227.45	-5.4%	22
All Time	$189.78	-21.1%	37

Rolling mean of published targets vs. last close $240.54. Aggregated from StreetInsider, Benzinga.

Third-Party Composite Rating

B+

DCF

3/5

ROE

5/5

ROA

5/5

Debt/Eq

1/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

STLD +68.6% vs S&P 500 +15.9% — spread +52.8pp

Sector — XLB +17.8%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$234.26	+6.28	+2.68%	Above
SMA 50	$239.28	+1.26	+0.53%	Above
SMA 200	$220.04	+20.50	+9.32%	Above
EMA 9	$238.77	+1.77	+0.74%	Above
EMA 21	$237.00	+3.54	+1.49%	Above
EMA 50	$238.07	+2.47	+1.04%	Above
EMA 200	$219.44	+21.10	+9.62%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

TECHNICAL VERDICTBULLISHPower Score +5718 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%89

Momentum 25%82

Volume 20%69

Volatility 10%100

Patterns 15%50

This Week100% bullishof 11 price-based votes

4 Weeks Ago36%+64 pts since

12 Weeks Ago73%+27 pts since

ReadImprovingweek-over-week trajectory

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Price vs SMA 20$234.26

Price vs SMA 50$239.28

Price vs SMA 200$220.04

EMA 9/21 Cross238.8/237.0

SMA 50/200Golden

ADX DirectionADX 12

Supertrend$245

Parabolic SAR$223

SMA Slope0.290

RSI54.2

Stochastic K/D82/84

StochRSI K/D91/95

Williams %R-28

CCI122

TSI vs Signal3.3

CMO8.4

ROC3.69%

OBV SignalAccum

Chaikin MF-0.080

MFI61

Force Index0M

Elder Ray Bull11.79

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 84

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$239.86 / $244.48 / $248.19	S1 / S2	$236.15 / $231.53
Bollinger (20,2)	$222.08 – $246.43	Squeeze	Off
52-wk range	$140.87 – $288.08	Off 52-wk high	-16.5%
ATR (14)	$7.09 (2.9%)	Historical vol	28.1%

+0.4%Jan50%

+2.6%Feb70%

+4.1%Mar62%

+2.1%Apr65%

-1.4%May45%

+0.1%Jun35%

+2.3%Jul60%

-2.8%Aug30%

-2.1%Sep35%

+6.5%Oct80%

+3.6%Nov60%

+4.3%Dec65%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	STLD	S&P 500
Weekly volatility (σ, 1y)	5.24%	1.83%
Best / worst week (1y)	+14.0% / -12.2%	—
Max drawdown (5y, monthly)	-45.6%	—
1-week VaR (95%)	-8.9%	—
Beta (5y)	1.51	1.00

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STLD EQUITY WEATHER (LIVE)CLOUDY · +2

Trend-3

Momentum+34

Volume+38

Volatility-60

Breadth-38

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 189 stories, weekly buckets, −1 to +1.

Overall+2.3+24.7 vs industry

Trend-3.4+19.0 vs industry

Momentum+33.7+51.5 vs industry

Volume+38.2+62.8 vs industry

Reading	STLD	Steel n=634	Basic Materials n=7,383	All US symbols n=70,435
Overall	+2.3	-22.5	-30.9	-20.5
Trend	-3.4	-22.3	-33.0	-21.3
Momentum	+33.7	-17.8	-31.5	-15.8
Volume	+38.2	-24.6	-34.6	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Mark D. Millett Chairman and Chief Executive	$12.1M	87% equity+incentive
Barry T. Schneider President and Chief Opera	$7.0M	86% equity+incentive
Theresa E. Wagler Executive Vice President,	$6.5M	86% equity+incentive
Glenn A. Pushis (retired January 9, 2026) Fo	$4.7M	84% equity+incentive
Christopher A. Graham Senior Vice President	$4.2M	82% equity+incentive

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Pillar (live disclosure scores)	Score
Environmental	52
Social	54
Governance	63
Composite ESG	56

Composite ESG Trend

Filed	8-K contents	Items
2026-09-18	Regulation FD; Exhibits	7.01,9.01
2026-08-18	Officer/Director Change	5.02
2026-08-14	Other Events; Exhibits	8.01,9.01
2026-08-04	Officer/Director Change; Regulation FD; Exhibits	5.02,7.01,9.01
2026-07-21	Earnings Release; Exhibits	2.02,9.01
2026-06-18	Regulation FD; Exhibits	7.01,9.01
2026-05-08	Shareholder Vote; Other Events; Exhibits	5.07,8.01,9.01
2026-04-21	Earnings Release; Exhibits	2.02,9.01

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

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Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-07-20 to 2026-04-22
Analyst estimates	dim/forward_estimates	3 rows · 2026-12-31 to 2028-12-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	113 rows · 1998 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-07-10 to 2026-10-09
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	4 rows · 2025-02-05 to 2026-05-12
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Steel Dynamics, Inc. (STLD)

Institutions holding — 12 quarters

Steel Dynamics, Inc. (STLD)

Monthly Net Insider Flow (000 shares)

Signal Summary

Steel Dynamics, Inc. (STLD)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding STLD — quarterly

Institutional Put/Call — quarterly

Steel Dynamics, Inc. (STLD)

Where STLD Trades in the Dark

Steel Dynamics, Inc. (STLD)

3.8 · Employees (SEC filings)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Balance Sheet — Full

Cash Flow Statement — Full

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Street Price Target — Trajectory

Third-Party Composite Rating

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Family Scores (site weights)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc. (STLD)