Steel Dynamics Return On Tangible Equity 2010-2025 | STLD
- Steel Dynamics average return on tangible equity for 2024 was 23.89, a 38.77% decline from 2023.
- Steel Dynamics average return on tangible equity for 2023 was 39.02, a 44.5% decline from 2022.
- Steel Dynamics average return on tangible equity for 2022 was 70.31, a 46.57% decline from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.