Angus-crossbred steers (n = 216) were used in a 3-yr study to assess the effects of winter stocker growth rate and finishing system on finishing performance and carcass characteristics. During winter months (December to April) steers were randomly allotted to 3 stocker growth rates: low (0.23 kg x d(-1)), medium (0.45 kg x d(-1)), or high (0.68 kg x d(-1)). Upon completion of the winter phase, steers were randomly allotted within each stocker treatment to a corn silage-concentrate or pasture finishing system. All steers regardless of finishing treatment were finished to an equal-time endpoint to eliminate confounding of treatments with animal age or seasonal factors. Upon completion of the finishing period, steers were slaughtered in 2 groups (one-half of pasture and one-half of feedlot cattle each time) and carcass data were collected. Winter data were analyzed as a completely randomized design, with winter treatment, pen replicate, year, and the winter x year interaction in the model. Finishing performance and carcass data were analyzed in a split-plot design with finishing system in the whole plot, and winter growth rate and winter x finish in the split-plot. Winter treatment mean within finishing replication was the experimental unit, and year was considered a random effect. Winter stocker phase treatments resulted in differences (P < 0.001) in final BW, ADG, and ultrasound LM area between all treatments for that phase. Pasture-finished cattle had lower (P < 0.001) final BW, ADG, HCW, LM area, fat thickness, KPH, dressing percent, USDA yield grade, and USDA quality grade. Winter stocker treatment influenced (P < 0.05) final BW and HCW, with low and medium being less than high. Steers with low stocker gain had greater (P < 0.05) finishing ADG. Dressing percent was greater (P < 0.001) for high than low, and USDA quality grade was greater (P < 0.05) for high than low and medium. Carcass LM area, fat thickness, KPH, and USDA yield grade were not influenced (P > 0.05) by winter rate of gain. Cattle on low during winter exhibited compensatory gain during finishing but were unable to catch the high group regarding BW or HCW. The USDA quality grade was greater for high than low or medium. Animal performance during the winter stocker period clearly impacts finishing performance, carcass quality and beef production in both pasture- and feedlot-finishing systems, when cattle were finished to an equal-time endpoint.