Steel Dynamics, US8581191009

Steel Dynamics reports USD 756 million profit for Steel Dynamics stock

Published on 10/27/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Steel Dynamics reported USD 756 million in third-quarter net income. Steel Dynamics stock costs EUR 216.05 on October 27, 2026.

Quarter results and analyst estimates

Steel Dynamics shipped 3.8 million tons in the third quarter on October 19, 2026.
Adjusted earnings reached USD 5.26 per share in the third quarter of 2026.
Steel Dynamics stock traded at EUR 216.05 at 1:51 p.m. CET at Lang & Schwarz on October 27, 2026.

Steel Dynamics, US8581191009, Illustration mit AI erstellt.

Steel Dynamics (ISIN US8581191009) reported USD 756 million in third-quarter net income and record steel shipments of 3.8 million tons. In its October 19, 2026 release, Steel Dynamics said net sales reached USD 6.5 billion and adjusted EBITDA totaled USD 1.2 billion.

Results bring a mixed earnings signal

The quarter combined strong operating volume with an earnings miss against consensus. Adjusted earnings per share came to USD 5.26 in the third quarter of 2026, below the USD 5.48 analyst estimate, while revenue of USD 6.51 billion exceeded the USD 6.43 billion consensus, according to Yahoo Finance on October 20, 2026.

The operating backdrop was stronger than the earnings comparison suggests. Steel operations generated USD 1.0 billion in operating income, up 43 percent sequentially, while operating cash flow reached USD 846 million in the third quarter of 2026.

What do analyst estimates imply?

KeyCorp projected USD 5.99 in fourth-quarter earnings per share and kept an Overweight rating with a USD 265.00 price objective in its October 22, 2026 report, as MarketBeat reported on October 27, 2026. Wells Fargo had raised its target to USD 271.00 from USD 257.00 on October 21, 2026, according to the same report.

Three recent milestones

On October 19, 2026, Steel Dynamics reported USD 6.5 billion in third-quarter sales and 3.8 million tons of steel shipments. On October 20, 2026, the earnings call highlighted USD 846 million in operating cash flow and USD 1.2 billion in adjusted EBITDA. On October 22, 2026, KeyCorp set a USD 265.00 target and projected USD 5.99 in fourth-quarter earnings per share.

Stock price and investor perspective

The latest results show a company converting record steel volume into higher operating income, while the USD 5.26 earnings-per-share result leaves execution in aluminum and metals recycling as important variables. Steel Dynamics said aluminum operations recorded a USD 26 million operating loss in the third quarter of 2026, although the platform reached EBITDA breakeven.

Steel Dynamics was trading at EUR 216.05 at Lang & Schwarz on October 27, 2026 at 1:51 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Steel Dynamics stock.