Steel Dynamics, Inc.
STLD Basic Materials Steel
Steel Dynamics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, up 3.63% from fiscal 2024. In the quarter to June 2026, revenue grew 33.4%, EPS grew 84.6%, free cash flow grew 2,189.9% and total debt rose 10.6%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
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Steel Dynamics, Inc. (STLD) Shares outstanding
Steel Dynamics, Inc.'s shares outstanding at the end of fiscal 2025 was $148.4M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $144.6M. Over the past ten years it has ranged from $148.4M (fiscal 2025) to $245.3M (fiscal 2016) — the current reading is the lowest in ten years. Steel Dynamics, Inc. ranks 10th of 19 Steel companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $148.4M | (4.95%) |
| FY2024 | $156.1M | (6.75%) |
| FY2023 | $167.4M | (9.31%) |
| FY2022 | $184.6M | (10.64%) |
| FY2021 | $206.6M | (2.70%) |
| FY2020 | $212.3M | (3.81%) |
| FY2019 | $220.7M | (6.14%) |
| FY2018 | $235.2M | (2.72%) |
| FY2017 | $241.8M | (1.43%) |
| FY2016 | $245.3M | 1.36% |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $144.6M | (0.50%) |
| Mar 2026 | $145.3M | (2.08%) |
| Dec 2025 | $148.4M | 0.54% |
| Sep 2025 | $147.6M | (0.91%) |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| GGB Gerdau S.A. compare | $2.0B |
| MT ArcelorMittal compare | $764.0M |
| CLF Cleveland-Cliffs Inc. compare | $571.0M |
| PKX POSCO Holdings Inc. compare | $302.5M |
| NUE Nucor Corporation compare | $228.5M |
| TX Ternium S.A. compare | $196.3M |
| SIM Grupo Simec, S.A. de C.V. compare | $169.7M |
| STLD Steel Dynamics, Inc. | $144.6M |
| RS Reliance, Inc. compare | $51.4M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
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- Free cash flow
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
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- Current ratio
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- Book value per share
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