Nucor (NUE) Shares Outstanding (Diluted) (2009 - 2026)
Nucor (NUE) recorded Weighted Average Shares Outstanding (Diluted) of 228.5 million in Q3 2026, down 0.7% from 230.2 million a year earlier and unchanged from the prior quarter.
Nucor (NUE) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Nucor reported Weighted Average Shares Outstanding (Diluted) of 231 million, down 3.1% from FY2024.
- Annual Weighted Average 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, Weighted Average 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%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has ranged from 228.5 million in Q2 2026 to 293.39 million in Q4 2021 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has declined for 35 consecutive quarters, with an average decline of 2.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Weighted Average Shares Outstanding (Diluted) ranged from 0.7% (Q3 2026) to 11.4% (Q2 2022).
- Per Business Quant, the preceding three quarters came in at 228.5 million (Q2 2026), 229.3 million (Q1 2026) and 231 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 547.68 Mn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | 1.64 Bn |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 838.10 Mn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | 1.64 Bn |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 1.05 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | - |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 503.43 Mn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 1.44 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 1.71 Bn |
| 10 | ArcelorMittal | 49.98 Bn | 33.48 Bn | - | 766.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Oct 3, 2026 | 547.68 Mn |
| Jul 4, 2026 | 548.40 Mn |
| Apr 4, 2026 | 550.32 Mn |
| Dec 31, 2025 | 554.40 Mn |
| Oct 4, 2025 | 552.48 Mn |
| Jul 5, 2025 | 553.92 Mn |
| Apr 5, 2025 | 558.96 Mn |
| Dec 31, 2024 | 572.40 Mn |
| Sep 28, 2024 | 568.24 Mn |
| Jun 29, 2024 | 575.84 Mn |
| Mar 30, 2024 | 584.39 Mn |
| Dec 31, 2023 | 600.99 Mn |
| Sep 30, 2023 | 597.40 Mn |
| Jul 1, 2023 | 601.26 Mn |
| Apr 1, 2023 | 610.55 Mn |
| Dec 31, 2022 | 631.62 Mn |
| Oct 1, 2022 | 622.86 Mn |
| Jul 2, 2022 | 632.93 Mn |
| Apr 2, 2022 | 653.03 Mn |
| Dec 31, 2021 | 704.14 Mn |
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_KEY
import 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();