Nucor (NUE) Shares Outstanding (Diluted) (2009 - 2026)
Nucor (NUE) recorded Shares Outstanding (Diluted) of 228.5 million in Q2 2026, down 1.0% from 230.8 million a year earlier and down 0.3% from the prior quarter.
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Analysis
Nucor (NUE) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Nucor reported Shares Outstanding (Diluted) of 231 million, down 3.1% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for eight straight years, with a five-year compound annual growth rate of -5.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 238.5 million in FY2024 (-4.8%), 250.41 million in FY2023 (-4.8%), 263.18 million in FY2022 (-10.3%) and 293.39 million in FY2021 (-3.3%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 34 consecutive quarters, with an average decline of 3.3% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding (Diluted) ranged from 1.0% (Q2 2026) to 11.4% (Q2 2022).
- Per Business Quant, the preceding three quarters came in at 229.3 million (Q1 2026), 231 million (Q4 2025) and 230.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | 1.64 Bn |
| 2 | Southern Copper | 152.35 Bn | 131.13 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Rio Tinto | 136.93 Bn | 97.43 Bn | - | 1.63 Bn |
| 4 | Newmont | 119.91 Bn | 87.91 Bn | 4.03 Bn | 1.07 Bn |
| 5 | Freeport-Mcmoran | 94.06 Bn | 78.10 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 88.89 Bn | 78.52 Bn | 2.43 Bn | 503.43 Mn |
| 7 | Barrick Mining | 65.90 Bn | 41.10 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 57.76 Bn | 47.14 Bn | 2.03 Bn | 228.50 Mn |
| 9 | ArcelorMittal | 46.22 Bn | 25.24 Bn | - | 766.00 Mn |
| 10 | AngloGold Ashanti | 43.87 Bn | 31.76 Bn | 1.70 Bn | 509.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 228.50 Mn |
| Apr 4, 2026 | 229.30 Mn |
| Dec 31, 2025 | 231.00 Mn |
| Oct 4, 2025 | 230.20 Mn |
| Jul 5, 2025 | 230.80 Mn |
| Apr 5, 2025 | 232.90 Mn |
| Dec 31, 2024 | 238.50 Mn |
| Sep 28, 2024 | 236.77 Mn |
| Jun 29, 2024 | 239.94 Mn |
| Mar 30, 2024 | 243.50 Mn |
| Dec 31, 2023 | 250.41 Mn |
| Sep 30, 2023 | 248.92 Mn |
| Jul 1, 2023 | 250.52 Mn |
| Apr 1, 2023 | 254.40 Mn |
| Dec 31, 2022 | 263.18 Mn |
| Oct 1, 2022 | 259.53 Mn |
| Jul 2, 2022 | 263.72 Mn |
| Apr 2, 2022 | 272.09 Mn |
| Dec 31, 2021 | 293.39 Mn |
| Oct 2, 2021 | 291.15 Mn |
API Access
Nucor Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NUE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "NUE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=NUE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();