Steel Dynamics Shares (Diluted) decreased by 1.5% to 145.3M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from 150.8M to 145.3M. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to basic shares indicates a higher reliance on equity-based compensation or convertible debt financing.
Weighted-average shares outstanding (diluted) includes the total number of basic common shares plus all additional share...
Commonly compared against basic shares to determine the 'dilution overhang' present in a company's capital structure.
weighted_shares_diluted| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 211.2M | 204.2M | 193.2M | 187.7M | 181.6M | 172.5M | 168.9M | 166.1M | 159.4M | 157.6M | 154.8M | 150.8M | 149M | 147.6M | 145.3M |
| QoQ Change | — | -3.4% | -5.4% | -2.8% | -3.3% | -5.0% | -2.1% | -1.6% | -4.1% | -1.1% | -1.8% | -2.6% | -1.2% | -0.9% | -1.5% |
| YoY Change | — | — | — | -11.1% | -11.0% | -10.7% | -10.1% | -8.5% | -7.6% | -6.7% | -6.8% | -5.4% | -5.5% | -4.7% | -3.6% |