Cold-formed steel (CFS) studs often include slits in their webs to improve thermal performance. However, the inclusion of such slits reduces their axial capacity. The literature contains limited experimental studies on the axial capacity of these studs with slits, and no non-linear elasto-plastic finite element studies have been reported. This research aims to address this gap. Non-linear elasto-plastic finite element models were developed and validated against experimental test results. A parametric study consisting of 960 finite element analysis (FEA) models was then conducted, covering the effects of different channel dimensions, slit sizes, section thicknesses, and stud lengths. Ultimate axial capacities obtained from these analyses were compared to the current codified direct strength method (DSM) predictions as per the Australian/New Zealand Standard AS/NZS 4600. Finally, design recommendations in the form of strength reduction factors are proposed. Based on these recommendations, modified DSM design equations with a reliability index above 2.5 are presented.
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