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Steel Dynamics shares outstanding STLD

Diluted shares outstanding, averaged over each quarter, from 2008.

Latest quarter, to Jun 30, 2026
144.6M
On a year earlier
−2.9%
fewer shares

Steel Dynamics had 144.6M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 2.9% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025146.3M−4%
FY2024152.8M−6%
FY2023162.3M−8%
FY2022176M−12%
FY2021198.9M−6%
FY2020212.1M−2%
FY2019216.4M−6%
FY2018230.5M−3%
FY2017238.7M−3%
FY2016245.5M+1%
FY2015242.6M+1%
FY2014240.8M+0%
FY2013240.5M+2%
FY2012236.9M+0%
FY2011235.7M+0%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26144.6M−3%
Q1 FY26145.3M−4%
Q4 FY25146.3M−4%
Q3 FY25147.6M−5%
Q2 FY25149M−5%
Q1 FY25150.8M−5%
Q4 FY24152.8M−6%
Q3 FY24154.8M−7%
Q2 FY24157.6M−7%
Q1 FY24159.4M−8%
Q4 FY23162.3M−8%
Q3 FY23166.1M−9%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Steel Dynamics

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.