CDE vs. STLD: Coeur Mining vs. Steel Dynamics Stock Comparison

November 11, 2026

How do Coeur Mining (CDE) 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

Coeur Mining (CDE) and Steel Dynamics (STLD) both belong to the Metals & Mining industry, though CDE is classified under Gold while STLD falls under Steel.

Company profile comparison for Coeur Mining (CDE) and Steel Dynamics (STLD)
Profile Item	CDE	STLD
Name	Coeur Mining 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	Gold	Steel
Market Capitalization	15.81 billion USD	31.70 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	March 17, 1980	November 22, 1996
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CDE

STLD

GSPC

Coeur Mining (CDE) vs. Steel Dynamics (STLD), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coeur Mining (CDE) and Steel Dynamics (STLD). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coeur Mining (CDE) and Steel Dynamics (STLD). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Total Return (1Y)	11.36%	52.02%
Total Return (3Y, Annualized)	95.48%	29.83%
Total Return (5Y, Annualized)	18.71%	30.20%

Risk Profile

Drawdown History

CDE

STLD

GSPC

Coeur Mining (CDE) vs. Steel Dynamics (STLD), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coeur Mining (CDE) and Steel Dynamics (STLD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Volatility (1Y, Annualized)	71.55%	36.62%
Beta (5Y)	1.36	1.46
Max Drawdown (5Y)	-72.04%	-32.20%
Avg. Volume (3M)	35.87M	1.06M

Risk-Adjusted Performance

Risk-Return Positioning

CDE and STLD are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Sharpe Ratio (1Y)	0.10	1.30
Sortino Ratio (1Y)	0.15	1.92

Profitability

ROE (TTM)

Steel Dynamics (STLD) at 20.81% sits in the top ROE quartile, while Coeur Mining (CDE) at 10.26% is closer to the peer norm — stronger capital efficiency for STLD.

CDE

Materials industry group

10.26%

Max: 52.88%
Q3: 19.49%
CDE: 10.26%
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%

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Coeur Mining (CDE) at 19.25% retains a top-quartile share of revenue as profit, ahead of Steel Dynamics (STLD) at 8.82%, which keeps about the industry-typical share.

CDE

Materials industry group

19.25%

Max: 38.66%
CDE: 19.25%
Q3: 15.98%
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%

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Coeur Mining (CDE) at 17.85% and Steel Dynamics (STLD) at 15.46% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CDE

Materials industry group

17.85%

Max: 66.70%
Q3: 28.92%
CDE: 17.85%
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%

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
ROE (TTM)	10.26%	20.81%
ROA (TTM)	6.88%	9.45%
Net Margin (TTM)	19.25%	8.82%
Operating Margin (TTM)	17.85%	15.46%
Gross Margin (TTM)	54.99%	15.90%

Growth

Revenue Growth

Coeur Mining (CDE) at 96.41% sits in the top revenue growth quartile, while Steel Dynamics (STLD) at 3.63% is closer to the peer norm — faster top-line expansion for CDE.

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their Revenue Growth across different time periods.

EPS Growth

Coeur Mining (CDE) at 533.33% clears its industry range for EPS growth, a much stronger earnings trajectory than Steel Dynamics (STLD) at -18.80%, which is closer to a typical peer reading.

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Revenue Growth (YoY)	96.41%	3.63%
Revenue Growth (3Y CAGR)	38.12%	-6.53%
EPS Growth (YoY)	533.33%	-18.80%
EPS Growth (3Y CAGR)	--	-27.45%

Financial Strength

Current Ratio (MRQ)

Steel Dynamics (STLD) at 3.15 keeps current ratio within its industry’s typical mid-range, while Coeur Mining (CDE) at 3.79 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CDE

Materials industry group

3.79

Max: 5.96
CDE: 3.79
Q3: 3.30
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

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Coeur Mining (CDE) at 0.07 keeps leverage in the lower industry quartile, while Steel Dynamics (STLD) at 0.45 runs a more typical debt-to-equity mix.

CDE

Materials industry group

0.07

Max: 1.98
Q3: 0.89
Median: 0.47
Q1: 0.13
CDE: 0.07
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

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Current Ratio (MRQ)	3.79	3.15
Debt / Equity (MRQ)	0.07	0.45
Net Debt / EBITDA	-0.26	1.09

Dividends

Dividend Yield (TTM)

Both Coeur Mining (CDE) at 0.14% and Steel Dynamics (STLD) at 0.94% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CDE

Materials industry group

0.14%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
CDE: 0.14%
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%

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Coeur Mining (CDE) at 2.33% and Steel Dynamics (STLD) at 15.44% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CDE

Materials industry group

2.33%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
CDE: 2.33%
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%

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
Dividend Yield (TTM)	0.14%	0.94%
Dividend Payout Ratio (TTM)	2.33%	15.44%

Valuation

P/E Ratio (TTM)

Both Coeur Mining (CDE) at 17.99 and Steel Dynamics (STLD) at 16.46 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CDE

Materials industry group

17.99

Max: 59.00
Q3: 32.93
Median: 18.82
CDE: 17.99
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

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Steel Dynamics (STLD) at 1.43 is priced about in line with its industry on P/S ratio, while Coeur Mining (CDE) at 4.39 sits in the pricier quartile — CDE costs more per dollar of sales.

CDE

Materials industry group

4.39

Max: 9.62
CDE: 4.39
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

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Coeur Mining (CDE) at 1.52 and Steel Dynamics (STLD) at 3.23 are valued close to their industries’ norm against book — neither stands out from peers.

CDE

Materials industry group

1.52

Max: 6.59
Q3: 3.55
Median: 2.08
CDE: 1.52
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

Coeur Mining (CDE) vs. Steel Dynamics (STLD): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Coeur Mining (CDE) and Steel Dynamics (STLD)
Metric	CDE	STLD
P/E Ratio (TTM)	17.99	16.46
P/S Ratio (TTM)	4.39	1.43
P/B Ratio (MRQ)	1.52	3.23
Free Cash Flow Yield (TTM)	5.29%	1.36%