STLD

Stock

Steel Dynamics, Inc.

Worth a look

Bigger than its usual dip. Not yet rare.

Steel Dynamics, Inc. is 21.5% off its high — deeper than its 7.9% average pullback, but it has been through 135 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $222.06 · as of Jul 9, 2026All-time high $282.76Drawdown -21.5%Severity Score™ 3.7
🟡

Elevated

Current Drawdown

-21.5%

Days in Drawdown

25

Avg Max Drawdown

7.9%

Avg Length

78

Drawdown Severity Score™

3.7

STLD - Price & High Water Mark

STLD - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of June 28, 2026 · updated daily

Where today's valuation sits within STLD's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

1.9xHistorically High · 100th percentile
Low: 0.12xMedian: 0.79xHigh: 2.1x

20 years of daily history

13.0% below its highest Price to Sales reading · 0.8x typical multiple drawdown · high date June 12, 2026

EV to EBITDA

16.6xHistorically High · 92nd percentile
Low: 2.4xMedian: 8.2xHigh: 40.5x

20 years of daily history

59.0% below its highest EV to EBITDA reading · 5.2x typical multiple drawdown · high date January 8, 2010

How we measure valuation

Steel Dynamics, Inc. (STLD) Analysis: Current Drawdown Insights

Steel Dynamics, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $222.06, which represents a 21.5% decline from its all-time high of $282.76. This drawdown has persisted for 25 days.

Based on its full tracked price history, Steel Dynamics, Inc. typically experiences drawdowns averaging 7.9% in depth, with an average duration of 78 days. Steel Dynamics, Inc. has gone through 135 total drawdown events in its tracked history. The largest drawdown on record for Steel Dynamics, Inc. was 87.0%, beginning in 2008. The longest drawdown duration on record was 3070 days.

The Drawdown Severity Score™ for Steel Dynamics, Inc. currently stands at 3.66. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Steel Dynamics, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 135 tracked pullbacks (62 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-06-14Ongoing25 days-21.5%$282.76$222.06n/a
2026-06-052026-06-117 days-3.5%$276.85$267.20$279.55
2026-05-292026-06-014 days-0.2%$260.75$260.15$261.59
2026-05-072026-05-2620 days-7.6%$241.85$223.37$250.49
2026-04-232026-04-308 days-1.4%$227.46$224.37$228.66
2026-02-122026-04-2067 days-20.3%$205.78$163.95$209.35
2026-02-102026-02-111 day-0.8%$202.75$201.12$205.78
2026-02-052026-02-062 days-2.9%$198.88$193.02$202.39
2026-01-302026-02-023 days-1.3%$181.97$179.57$186.55
2026-01-262026-01-293 days-4.4%$181.32$173.32$181.97
2026-01-222026-01-232 days-0.6%$179.83$178.81$181.32
2025-12-242026-01-2129 days-5.3%$177.20$167.83$179.83
2025-12-192025-12-224 days-0.2%$174.58$174.28$175.76
2025-12-122025-12-187 days-2.5%$173.01$168.72$174.58
2025-12-042025-12-118 days-3.7%$171.50$165.22$173.01
2025-12-012025-12-033 days-0.1%$167.83$167.62$171.50
2025-10-302025-11-2527 days-7.2%$163.47$151.62$164.25
2025-10-222025-10-276 days-3.4%$153.82$148.56$158.02
2024-11-072025-10-21348 days-28.7%$151.94$108.40$153.82
2024-04-022024-11-06219 days-27.3%$145.89$106.05$151.94
2023-03-062024-03-15375 days-32.2%$130.54$88.51$134.36
2023-02-062023-03-0124 days-7.6%$122.98$113.69$123.88
2023-01-272023-02-016 days-2.1%$116.52$114.11$120.24
2023-01-172023-01-2610 days-3.8%$107.00$102.98$116.52
2022-12-142023-01-1230 days-13.5%$105.54$91.31$105.89
2022-12-092022-12-135 days-1.5%$105.22$103.66$105.54
2022-12-052022-12-084 days-2.6%$104.75$102.06$105.22
2022-11-232022-12-0210 days-3.6%$101.78$98.14$104.75
2022-11-182022-11-214 days-0.4%$96.58$96.23$98.51
2022-11-162022-11-172 days-1.2%$96.08$94.95$96.58
2022-10-272022-11-1419 days-6.6%$93.74$87.54$96.00
2022-04-222022-10-21183 days-30.6%$88.29$61.30$88.85
2022-04-202022-04-212 days-0.5%$87.10$86.63$88.29
2022-03-282022-04-1822 days-7.8%$84.40$77.81$85.70
2022-03-222022-03-232 days-1.2%$80.33$79.41$80.60
2022-03-072022-03-1710 days-9.6%$72.98$65.99$76.45
2021-08-162022-03-02199 days-27.7%$68.38$49.46$70.95
2021-06-092021-08-1063 days-13.1%$61.92$53.84$63.86
2021-06-072021-06-082 days-1.0%$60.39$59.76$61.92
2021-05-182021-06-0418 days-6.8%$60.09$56.03$60.39
2021-05-122021-05-176 days-5.4%$59.90$56.65$60.09
2021-04-302021-05-034 days-1.9%$51.47$50.48$52.79
2021-04-132021-04-2311 days-3.3%$48.26$46.66$48.31
2021-04-062021-04-127 days-2.0%$48.25$47.28$48.26
2021-03-312021-04-056 days-1.0%$47.74$47.26$48.25
2021-03-292021-03-302 days-1.3%$46.63$46.05$47.74
2021-03-152021-03-2612 days-8.9%$45.56$41.49$46.63
2021-03-112021-03-122 days-0.2%$45.19$45.11$45.56
2021-03-092021-03-102 days-1.4%$44.52$43.89$45.19
2018-05-182021-03-081026 days-68.5%$43.83$13.83$44.52
2018-02-202018-05-1584 days-14.3%$41.96$35.95$42.19
2016-12-082017-10-20316 days-15.6%$32.46$27.40$32.92
2008-06-202016-11-143070 days-87.0%$27.21$3.52$27.58
2007-12-312008-02-2254 days-23.9%$20.19$15.38$20.43
2007-10-292007-12-0740 days-14.6%$18.26$15.59$18.45
2007-05-222007-10-18150 days-25.5%$16.13$12.03$16.84
2006-05-112006-12-04208 days-31.2%$11.19$7.70$11.30
2005-02-282006-01-31338 days-44.0%$7.30$4.09$7.52
2004-10-072005-02-18135 days-29.2%$6.69$4.73$6.80
2004-04-132004-06-2372 days-24.9%$4.43$3.32$4.52
1997-09-172004-04-122400 days-69.1%$4.43$1.37$4.43
1997-07-141997-09-0857 days-14.8%$4.43$3.77$4.43
1997-01-221997-06-27156 days-31.0%$3.91$2.70$4.01

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Steel Dynamics, Inc. (STLD) is trading at $222.06 as of Jul 9, 2026. It is 21.5% below its high of $282.76. The drawdown has lasted 25 days. Severity score: 3.7 (Elevated).

STLD Price History and Drawdown Data

Latest price

$222.06

High-water mark

$282.76

Current drawdown

-21.5%

Days in drawdown

25

This STLD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Steel Dynamics, Inc. drawdowns.

What History Says About STLD

Steel Dynamics, Inc. has dropped 30%+ from its high 8 times in its tracked history. These events lasted an average of 970 days with an average max drop of -49.2%.

The current drawdown of -21.5% has lasted 25 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jun 2008 to Nov 2016-87.0%3070 days
Sep 1997 to Apr 2004-69.1%2400 days
May 2018 to Mar 2021-68.5%1026 days
Feb 2005 to Jan 2006-44.0%338 days
Mar 2023 to Mar 2024-32.2%375 days
May 2006 to Dec 2006-31.2%208 days

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