ATI vs. STLD: ATI vs. Steel Dynamics Stock Comparison
How do ATI (ATI) and Steel Dynamics (STLD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
ATI (ATI) and Steel Dynamics (STLD) are both classified in the Steel sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
| Profile Item | ATI | STLD |
|---|---|---|
| Name | ATI Inc. | Steel Dynamics, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Steel | Steel |
| Market Capitalization | 23.88 billion USD | 31.70 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | November 29, 1999 | November 22, 1996 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ATI | STLD |
|---|---|---|
| Total Return (1Y) | 93.55% | 52.02% |
| Total Return (3Y, Annualized) | 64.24% | 29.83% |
| Total Return (5Y, Annualized) | 60.89% | 30.20% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ATI | STLD |
|---|---|---|
| Volatility (1Y, Annualized) | 43.42% | 36.62% |
| Beta (5Y) | 1.03 | 1.46 |
| Max Drawdown (5Y) | -38.02% | -32.20% |
| Avg. Volume (3M) | 1.70M | 1.06M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ATI | STLD |
|---|---|---|
| Sharpe Ratio (1Y) | 2.06 | 1.30 |
| Sortino Ratio (1Y) | 3.23 | 1.92 |
Profitability
ROE (TTM)
Both ATI (ATI) at 28.73% and Steel Dynamics (STLD) at 20.81% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
ATI
Materials industry group
28.73%
- Max
- 52.88%
- ATI
- 28.73%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
STLD
Materials industry group
20.81%
- Max
- 52.88%
- STLD
- 20.81%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Both ATI (ATI) at 11.08% and Steel Dynamics (STLD) at 8.82% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ATI
Materials industry group
11.08%
- Max
- 38.66%
- Q3
- 15.98%
- ATI
- 11.08%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
STLD
Materials industry group
8.82%
- Max
- 38.66%
- Q3
- 15.98%
- STLD
- 8.82%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both ATI (ATI) at 19.86% and Steel Dynamics (STLD) at 15.46% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ATI
Materials industry group
19.86%
- Max
- 66.70%
- Q3
- 28.92%
- ATI
- 19.86%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
STLD
Materials industry group
15.46%
- Max
- 66.70%
- Q3
- 28.92%
- STLD
- 15.46%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | ATI | STLD |
|---|---|---|
| ROE (TTM) | 28.73% | 20.81% |
| ROA (TTM) | 10.41% | 9.45% |
| Net Margin (TTM) | 11.08% | 8.82% |
| Operating Margin (TTM) | 19.86% | 15.46% |
| Gross Margin (TTM) | 25.08% | 15.90% |
Growth
Revenue Growth
Both ATI (ATI) at 5.16% and Steel Dynamics (STLD) at 3.63% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both ATI (ATI) at 11.76% and Steel Dynamics (STLD) at -18.80% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ATI | STLD |
|---|---|---|
| Revenue Growth (YoY) | 5.16% | 3.63% |
| Revenue Growth (3Y CAGR) | 6.14% | -6.53% |
| EPS Growth (YoY) | 11.76% | -18.80% |
| EPS Growth (3Y CAGR) | 43.72% | -27.45% |
Financial Strength
Current Ratio (MRQ)
Both ATI (ATI) at 2.77 and Steel Dynamics (STLD) at 3.15 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
ATI
Materials industry group
2.77
- Max
- 5.96
- Q3
- 3.30
- ATI
- 2.77
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
STLD
Materials industry group
3.15
- Max
- 5.96
- Q3
- 3.30
- STLD
- 3.15
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Both ATI (ATI) at 0.87 and Steel Dynamics (STLD) at 0.45 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ATI
Materials industry group
0.87
- Max
- 1.98
- Q3
- 0.89
- ATI
- 0.87
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
STLD
Materials industry group
0.45
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- STLD
- 0.45
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | ATI | STLD |
|---|---|---|
| Current Ratio (MRQ) | 2.77 | 3.15 |
| Debt / Equity (MRQ) | 0.87 | 0.45 |
| Net Debt / EBITDA | 1.36 | 1.09 |
Dividends
Dividend Yield (TTM)
ATI (ATI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Steel Dynamics (STLD) reports a yield of 0.94%, ranking against industry peers normally.
ATI
Materials industry group
0.00%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- ATI
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
0.94%
- Max
- 4.52%
- Q3
- 1.85%
- STLD
- 0.94%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
ATI (ATI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Steel Dynamics (STLD) reports a payout of 15.44%, ranking against industry peers normally.
ATI
Materials industry group
0.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- ATI
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STLD
Materials industry group
15.44%
- Max
- 83.62%
- Q3
- 41.37%
- STLD
- 15.44%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ATI | STLD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.94% |
| Dividend Payout Ratio (TTM) | 0.00% | 15.44% |
Valuation
P/E Ratio (TTM)
Steel Dynamics (STLD) at 16.46 is near its industry’s usual P/E ratio, while ATI (ATI) at 43.95 sits in the richer quartile — ATI needs stronger growth or earnings quality to justify the premium.
ATI
Materials industry group
43.95
- Max
- 59.00
- ATI
- 43.95
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
STLD
Materials industry group
16.46
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- STLD
- 16.46
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Steel Dynamics (STLD) at 1.43 is priced about in line with its industry on P/S ratio, while ATI (ATI) at 4.76 sits in the pricier quartile — ATI costs more per dollar of sales.
ATI
Materials industry group
4.76
- Max
- 9.62
- ATI
- 4.76
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
STLD
Materials industry group
1.43
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- STLD
- 1.43
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
Steel Dynamics (STLD) at 3.23 sits near its industry’s typical P/B ratio, while ATI (ATI) at 11.91 prices above its benchmark range — ATI looks rich relative to book.
ATI
Materials industry group
11.91
- ATI
- 11.91
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
STLD
Materials industry group
3.23
- Max
- 6.59
- Q3
- 3.55
- STLD
- 3.23
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | ATI | STLD |
|---|---|---|
| P/E Ratio (TTM) | 43.95 | 16.46 |
| P/S Ratio (TTM) | 4.76 | 1.43 |
| P/B Ratio (MRQ) | 11.91 | 3.23 |
| Free Cash Flow Yield (TTM) | 1.01% | 1.36% |