Steel Dynamics (STLD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Steel Dynamics (STLD) reported $4.41 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 14%. EPS of $1.82 for the same period compares to $1.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.54 billion, representing a surprise of -2.75%. The company delivered an EPS surprise of +5.66%, with the consensus EPS estimate being $1.72.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Steel Dynamics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Steel - Average external sales price (Per ton): 1,107.00 $/ton versus 1,092.10 $/ton estimated by four analysts on average.Steel Fabrication - Average sales price (Per ton): 2,509.00 $/ton versus 2,557.62 $/ton estimated by four analysts on average.Steel - External Shipments (Tons): 2,837.13 KTon versus the four-analyst average estimate of 2,939.28 KTon.Steel Fabrication - Shipments (Tons): 138.38 KTon versus the four-analyst average estimate of 141.93 KTon.Steel - Average ferrous cost (Per ton melted): 374.00 $/ton versus 372.25 $/ton estimated by four analysts on average.Steel - Flat Roll shipments - Butler, Columbus and Sinton: 1,902.35 KTon versus the three-analyst average estimate of 1,997.20 KTon.Metals Recycling - Ferrous shipments (Gross tons): 1,521.63 KTon versus 1,439.91 KTon estimated by three analysts on average.External Net Sales- Steel Fabrication: $347.25 million compared to the $362.78 million average estimate based on four analysts. The reported number represents a change of -12.4% year over year.External Net Sales- Metals Recycling: $463.04 million compared to the $471.84 million average estimate based on four analysts. The reported number represents a change of -4% year over year.External Net Sales- Steel: $3.14 billion versus $3.21 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +18.7% change.External Net Sales- Other: $304.64 million versus the three-analyst average estimate of $317.61 million. The reported number represents a year-over-year change of +5.9%.External Net Sales- Aluminum: $157.75 million compared to the $234.23 million average estimate based on three analysts.View all Key Company Metrics for Steel Dynamics here>>>Shares of Steel Dynamics have returned +3.3% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Steel Dynamics, Inc. (STLD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks