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.

Revenue
+34.8%
EPS
+92.4%
Free cash flow
+25.0%
Total debt
+11.1%

Quarter to September 2026, against a year earlier

252.35 1.55 +0.62%
Market cap
$35.7B
P/E
18.5×
Fwd P/E
14.2×
Dividend yield
0.83%
F-score
5/9
Altman Z
5.03
Beneish M
−2.40
Dividend safety
71/100

Steel Dynamics, Inc. (STLD) Shares outstanding

Alert me on 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 September 2026 it was $143.6M. 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 9th of 17 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
Sep 2026 $143.6M (0.67%)
Jun 2026 $144.6M (0.50%)
Mar 2026 $145.3M (2.08%)
Dec 2025 $148.4M 0.54%
43 more quarters

Against its own ten years

Low $148.4M High $245.3M
Ten-year median $212.3M
Current reading's percentile 9

Shares outstanding against peers

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

The full definition of Shares outstanding →

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