Steel Dynamics (STLD) Shares Outstanding (Entity) (2009 - 2026)
Steel Dynamics' Shares Outstanding (Entity) was 143.61 million in Q2 2026, down 2.8% from 147.79 million a year earlier and down 0.6% from the prior quarter.
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Analysis
Steel Dynamics (STLD) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Steel Dynamics came in at 144.94 million, down 4.1% from FY2024.
- Shares Outstanding (Entity) has now declined for nine consecutive years, with a five-year compound annual growth rate of -7.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 151.12 million in FY2024 (-5.6%), 160.02 million in FY2023 (-7.5%), 172.94 million in FY2022 (-11.3%) and 195 million in FY2021 (-7.5%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding (Entity) in data going back to Q2 2009.
- Compared with a year earlier, Shares Outstanding (Entity) has declined for 21 straight quarters, with an average decline of 4.6% over the last eight quarters.
- The year-over-year decline in Shares Outstanding (Entity) has ranged between 2.8% (Q2 2026) and 11.6% (Q3 2022) over the last five years.
- Per Business Quant data, STLD's Shares Outstanding (Entity) in the three quarters before Q2 2026 was 144.44 million (Q1 2026), 144.94 million (Q4 2025) and 146.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.53 Bn | 146.32 Bn | 2.90 Bn | 834.33 Mn |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 1.05 Bn |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | - |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 226.88 Mn |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | - |
| 10 | Steel Dynamics | 35.27 Bn | 32.34 Bn | 958.97 Mn | 143.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 143.61 Mn |
| Mar 31, 2026 | 144.44 Mn |
| Dec 31, 2025 | 144.94 Mn |
| Sep 30, 2025 | 146.16 Mn |
| Jun 30, 2025 | 147.79 Mn |
| Mar 31, 2025 | 149.38 Mn |
| Dec 31, 2024 | 151.12 Mn |
| Sep 30, 2024 | 153.04 Mn |
| Jun 30, 2024 | 155.62 Mn |
| Mar 31, 2024 | 157.88 Mn |
| Dec 31, 2023 | 160.02 Mn |
| Sep 30, 2023 | 163.49 Mn |
| Jun 30, 2023 | 166.38 Mn |
| Mar 31, 2023 | 170.17 Mn |
| Dec 31, 2022 | 172.94 Mn |
| Sep 30, 2022 | 176.56 Mn |
| Jun 30, 2022 | 182.61 Mn |
| Mar 31, 2022 | 189.25 Mn |
| Dec 31, 2021 | 195.00 Mn |
| Sep 30, 2021 | 199.78 Mn |
API Access
Steel Dynamics Shares Outstanding (Entity) 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-entity&ticker=STLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "STLD", "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-entity&ticker=STLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();