About BlueScope Steel Limited (BSL)
BlueScope Steel Limited is a Steel company operating in the Basic Materials sector. The company is headquartered in Melbourne, Australia. BSL has been publicly traded since 2002, giving it 24+ years of trading history.
BlueScope Steel Limited (BSL) has been publicly traded since 2002, making it a 24-year-old public company. It operates in the Steel industry within the Basic Materials sector. The company is headquartered in Melbourne, Australia and employs approximately 16,500 people. With a market capitalization of A$11 billion, BSL is a large established company.
BSL trades on the Australian Securities Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately A$11 billion. The company employs approximately 16,500 people worldwide.
Key Statistics
- Current Price
- A$26.25
- Market Cap
- A$11.50B
- 52-Week High
- A$31.63
- 52-Week Low
- A$18.98
- Sector
- Basic Materials
- Industry
- Steel
BSL Investment Performance
BSL has gained 15.2% year-to-date in 2026. Over the past 5 years, a A$1,000 investment in BSL would have grown to A$1,623, representing a 62.3% total return. Since its IPO in 2002, a A$1,000 investment would now be worth A$4,095.
A$1,000 Invested in BlueScope Steel Limited (BSL)
How much would A$1,000 invested in BSL be worth today?
What would A$1,000 invested in BSL 1 year ago be worth today?
A A$1,000 investment in BlueScope Steel Limited (BSL) in 2025 would be worth A$1,321 as of March 2026, representing a +32.1% total return.
What would A$1,000 invested in BSL 3 years ago be worth today?
A A$1,000 investment in BlueScope Steel Limited (BSL) in 2023 would be worth A$1,467 as of March 2026, representing a +46.7% total return.
What would A$1,000 invested in BSL 5 years ago be worth today?
A A$1,000 investment in BlueScope Steel Limited (BSL) in 2021 would be worth A$1,623 as of March 2026, representing a +62.3% total return.
What would A$1,000 invested in BSL 10 years ago be worth today?
A A$1,000 investment in BlueScope Steel Limited (BSL) in 2016 would be worth A$5,305 as of March 2026, representing a +430.5% total return.
What would A$1,000 invested in BSL at IPO be worth today?
A A$1,000 investment in BlueScope Steel Limited (BSL) at IPO would be worth A$4,095 as of March 2026, representing a +309.5% total return.
Monthly Returns Heatmap
Over the past 23+ years (284 months), BlueScope Steel Limited (BSL) has averaged a monthly return of +1.20% with a median return of +0.90%. The stock had 152 positive months (54%) and 129 negative months (45%). The best month in BSL's history was February 2013 with a +34.2% return, while the worst was November 2011 at -46.9%. Historically, July tends to be the strongest month (averaging +8.0%), and May the weakest (-2.6%).
BSL's longest winning streak was 6 consecutive months of gains, while its longest losing streak was 9 consecutive months of losses. The best full year was 2016 with a cumulative return of +83.7%, and the worst was 2011 at -126.3%.
Annual Returns
Over 24 years of trading history, BlueScope Steel Limited (BSL) has delivered an average annual return of +16.08% with a median return of +17.41%. The compound annual growth rate (CAGR) is +5.32%. The stock posted gains in 15 years (63%) and losses in 9 years (38%).
BSL's best year was 2016 with a +111.37% gain, while the worst was 2011 at -78.55%. The longest streak of consecutive positive years was 3, and the longest losing streak was 2 years. BSL achieved double-digit gains (10%+) in 15 years. It suffered double-digit losses in 8 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +15.20% | A$22.79 | A$26.25 |
| 2025 | +32.12% | A$17.25 | A$22.79 |
| 2024 | -18.01% | A$21.04 | A$17.25 |
| 2023 | +42.54% | A$14.76 | A$21.04 |
| 2022 | -17.10% | A$17.80 | A$14.76 |
| 2021 | +22.24% | A$14.56 | A$17.80 |
| 2020 | +17.37% | A$12.41 | A$14.56 |
| 2019 | +38.87% | A$8.94 | A$12.41 |
| 2018 | -28.09% | A$12.43 | A$8.94 |
| 2017 | +66.93% | A$7.44 | A$12.43 |
| 2016 | +111.37% | A$3.52 | A$7.44 |
| 2015 | -19.96% | A$4.40 | A$3.52 |
| 2014 | -3.61% | A$4.56 | A$4.40 |
| 2013 | +68.70% | A$2.71 | A$4.56 |
| 2012 | +41.98% | A$1.91 | A$2.71 |
| 2011 | -78.55% | A$8.88 | A$1.91 |
| 2010 | -26.14% | A$12.03 | A$8.88 |
| 2009 | +13.48% | A$10.60 | A$12.03 |
| 2008 | -61.69% | A$27.67 | A$10.60 |
| 2007 | +17.44% | A$23.56 | A$27.67 |
| 2006 | +32.24% | A$17.82 | A$23.56 |
| 2005 | -13.89% | A$20.69 | A$17.82 |
| 2004 | +50.35% | A$13.76 | A$20.69 |
| 2003 | +82.15% | A$7.56 | A$13.76 |
BSL Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating BlueScope Steel Limited as an investment
Valuation
BSL currently trades at a trailing P/E ratio of 46.1, which is considered high relative to the broader market. The forward P/E of 13.0 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.1. The price-to-sales ratio is 0.7.
Dividends
BlueScope Steel Limited pays a dividend to shareholders with a current yield of 3.62%. This translates to A$0.95 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
Risk & Volatility
BSL has a beta of 1.23, indicating it is significantly more volatile than the overall market. The stock's 52-week range is A$18.98 to A$31.63, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 10 analyst opinions, BSL has a consensus "buy" rating. The average price target of A$31.36 suggests 19.5% upside from current levels.
Frequently Asked Questions: BSL
What sector is BSL in? ▼
BSL operates in the Basic Materials sector, specifically in the Steel industry.
How has BSL performed historically? ▼
Over 24 years of trading history, BSL has posted gains in 15 years (63% of the time). The best year was 2016 with a +111.4% return. Past performance does not guarantee future results.
How can I invest in BSL? ▼
You can invest in BSL through any brokerage account that offers access to the Australian Securities Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold BSL.
Does BSL pay dividends? ▼
BlueScope Steel Limited pays a dividend to shareholders with a current yield of 3.62%. This translates to A$0.95 per share annually. The payout ratio of 1% indicates sustainable dividend coverage.
What does BlueScope Steel Limited do? ▼
BlueScope Steel Limited is a Steel company operating in the Basic Materials sector. The company is headquartered in Melbourne, Australia.
What sector is BSL in? ▼
BSL operates in the Basic Materials sector, specifically in the Steel industry.
When did BSL go public? ▼
BlueScope Steel Limited went public in 2002, making it a 24-year-old public company as of 2026.
How much would A$1,000 invested in BSL 5 years ago be worth today? ▼
A A$1,000 investment in BSL five years ago would be worth approximately A$1,623 today, representing a 62.3% return.
How much would A$1,000 invested in BSL 10 years ago be worth today? ▼
A A$1,000 investment in BSL ten years ago would be worth approximately A$5,305 today, representing a 430.5% total return over the decade.
What is BSL's 3-year return? ▼
Over the past 3 years, BSL has returned 46.7%. A A$1,000 investment would have grown to A$1,467.
How much would A$1,000 invested in BSL at IPO be worth today? ▼
If you invested A$1,000 in BSL at its IPO in 2002, it would be worth approximately A$4,095 today, a 309.5% return over 24 years.
Does BSL pay dividends? ▼
Yes, BlueScope Steel Limited pays a dividend with a current yield of 3.62%, which is A$0.95 per share annually.
What is BSL's market cap? ▼
BlueScope Steel Limited has a market capitalization of A$11 billion, classifying it as a large-cap company.
What is BSL's P/E ratio? ▼
BSL has a trailing P/E ratio of 46.1 and a forward P/E of 13.0, which measures how much investors are paying per dollar of earnings.
Is BSL a buy, hold, or sell? ▼
Based on 10 opinions, BSL has a consensus "buy" rating. The average price target is A$31.36.
Last updated: 3/15/2026