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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 .

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 yearPeriod endedReportedShares OutstandingYoY
2025148.40M-5.0%
2024156.14M-6.7%
2023167.43M-9.3%
2022184.62M-10.6%
2021206.62M-2.7%
2020212.34M-3.8%
2019220.75M-6.1%
2018235.19M-2.7%
2017241.78M-1.4%
2016245.30M+1.4%
2015242.02M-0.0%
2014242.08M+1.3%
2013239.00M+1.0%
2012236.62M+0.3%
2011235.99M+0.5%
2010234.72M+16.9%
2009200.70M+3.1%
2008194.59M-1.1%
2007196.80M-7.0%
2006211.55M+2.4%
2005206.57M-8.6%
2004226.11M+3.0%
2003219.56M+15.6%
2002189.85M+3.5%
2001183.41M-2.4%
2000187.90M-2.4%
1999192.61M-1.5%
1998195.47M-0.0%
1997195.56M+41.4%
1996138.28M+7.7%
1995128.39M

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.

CompanyShares OutstandingSector
Freeport-McMoRan Inc. (FCX)1.44BBasic Materials
Newmont Corporation (NEM)1.11BBasic Materials
Southern Copper Corporation (SCCO)838.20MBasic Materials
CRH plc (CRH)677.00MBasic Materials
Agnico Eagle Mines Limited (AEM)503.43MBasic Materials
Linde plc (LIN)468.70MBasic Materials
Ecolab Inc. (ECL)285.20MBasic Materials
The Sherwin-Williams Company (SHW)248.80MBasic 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.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.