Shares Outstanding for Steel Dynamics (STLD)
According to Steel Dynamics's latest reported financial statements, the company's latest reported diluted shares outstanding is 144.80M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

STLD
Currently viewingShares OutstandingSwitch metric
Latest period
144.80M
YoY change
-5.0%
5Y CAGR
-6.9%
Peak year (2016)
245.30M
Latest annual
148.40M
Shares Outstanding history chart for Steel Dynamics (STLD) from 1995 to 2025
Shares Outstanding history table for Steel Dynamics (STLD) from 1995 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 148.40M | -5.0% | ||
| 2024 | 156.14M | -6.7% | ||
| 2023 | 167.43M | -9.3% | ||
| 2022 | 184.62M | -10.6% | ||
| 2021 | 206.62M | -2.7% | ||
| 2020 | 212.34M | -3.8% | ||
| 2019 | 220.75M | -6.1% | ||
| 2018 | 235.19M | -2.7% | ||
| 2017 | 241.78M | -1.4% | ||
| 2016 | 245.30M | +1.4% | ||
| 2015 | 242.02M | -0.0% | ||
| 2014 | 242.08M | +1.3% | ||
| 2013 | 239.00M | +1.0% | ||
| 2012 | 236.62M | +0.3% | ||
| 2011 | 235.99M | +0.5% | ||
| 2010 | 234.72M | +16.9% | ||
| 2009 | 200.70M | +3.1% | ||
| 2008 | 194.59M | -1.1% | ||
| 2007 | 196.80M | -7.0% | ||
| 2006 | 211.55M | +2.4% | ||
| 2005 | 206.57M | -8.6% | ||
| 2004 | 226.11M | +3.0% | ||
| 2003 | 219.56M | +15.6% | ||
| 2002 | 189.85M | +3.5% | ||
| 2001 | 183.41M | -2.4% | ||
| 2000 | 187.90M | -2.4% | ||
| 1999 | 192.61M | -1.5% | ||
| 1998 | 195.47M | -0.0% | ||
| 1997 | 195.56M | +41.4% | ||
| 1996 | 138.28M | +7.7% | ||
| 1995 | 128.39M | — |
Shares Outstanding values are taken from Steel Dynamics's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Steel Dynamics (STLD) diluted shares outstanding totalled 148.40M – edged down 5.0% year-over-year.
Through 2020–2025 (5 years), Steel Dynamics diluted shares outstanding delivered a -6.9% annualised rate; with a net decline across the window.
Between 2016 and 2025, Steel Dynamics diluted shares outstanding plunged 39.5%, falling from 245.30M to 148.40M.
The dataset's maximum diluted shares outstanding sits at 245.30M (2016); the minimum reading of 128.39M dates to 1995.
Steel Dynamics (STLD) sits 9th of 8 Basic Materials peers we track on this metric, against a peer median of 590.22M.
Steel Dynamics Shares Outstanding by Year
Steel Dynamics Shares Outstanding 2025: 148.40M
Steel Dynamics diluted shares outstanding in 2025 was 148.40M, edged down 5.0% below 2024.
Steel Dynamics Shares Outstanding 2024: 156.14M
Steel Dynamics diluted shares outstanding in 2024 was 156.14M, declined 6.7% below 2023.
Steel Dynamics Shares Outstanding 2023: 167.43M
Steel Dynamics diluted shares outstanding in 2023 was 167.43M, declined 9.3% below 2022.
Steel Dynamics Shares Outstanding 2022: 184.62M
Steel Dynamics diluted shares outstanding in 2022 was 184.62M, declined 10.6% below 2021.
Steel Dynamics Shares Outstanding 2021: 206.62M
Steel Dynamics diluted shares outstanding in 2021 was 206.62M.
See more financial history for Steel Dynamics (STLD).
Sector peers — Shares Outstanding
Companies in the same sector as Steel Dynamics, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Freeport-McMoRan Inc. (FCX) | 1.44B | Basic Materials |
| Newmont Corporation (NEM) | 1.11B | Basic Materials |
| Southern Copper Corporation (SCCO) | 838.20M | Basic Materials |
| CRH plc (CRH) | 677.00M | Basic Materials |
| Agnico Eagle Mines Limited (AEM) | 503.43M | Basic Materials |
| Linde plc (LIN) | 468.70M | Basic Materials |
| Ecolab Inc. (ECL) | 285.20M | Basic Materials |
| The Sherwin-Williams Company (SHW) | 248.80M | Basic Materials |
Frequently asked questions
What is Steel Dynamics's diluted shares outstanding?
- Latest reported diluted shares outstanding for Steel Dynamics (STLD) is 144.80M (period ending March 31, 2026).
How has Steel Dynamics diluted shares outstanding changed year-over-year?
- Steel Dynamics (STLD) diluted shares outstanding changed -5.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Steel Dynamics diluted shares outstanding?
- Steel Dynamics (STLD) diluted shares outstanding compound annual growth rate is -6.9% over the most recent 5 years available.
When did Steel Dynamics diluted shares outstanding hit its highest annual value?
- Steel Dynamics diluted shares outstanding reached its highest annual value of 245.30M in 2016.
What was Steel Dynamics diluted shares outstanding in 2024?
- Steel Dynamics (STLD) diluted shares outstanding in 2024 was 156.14M.
What was Steel Dynamics diluted shares outstanding in 2025?
- Steel Dynamics (STLD) diluted shares outstanding in 2025 was 148.40M.
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