Share count change (Share count)
How much the diluted share count changed over the year.
Every share issued dilutes your claim on the same business; every share retired concentrates it.
How it is computed here
(Shares this year - shares last year) / shares last year x 100
Measured over the latest complete fiscal year, as filed. Filed under value. Lower is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Nets buybacks against shares issued to staff, so heavy repurchases can show as no change.
- The seventh Piotroski test watches this line.
- After a split, filed per-share figures are restated to today's share count, and the split is cited.
Ten filed years of it, company by company
Any covered company has the page at /metrics/share-count-change/TICKER. These are the ones with at least 5 computed years among the largest companies covered, listed alphabetically.
AAPL · ABBV · ABT · ADI · AMAT · AMD · AMGN · AMZN · ANET · APH · AVGO · AXP · BAC · BLK · C · CAT · COP · COST · CRM · CRWD · CSCO · CVX · DE · DELL · DHR · DIS · ETN · GE · GILD · GS · HD · IBM · INTC · JNJ · JPM · KLAC · KO · LIN · LLY · LRCX · MA · MCD · META · MRK · MRVL · MS · MSFT · MU · NEE · NFLX · NOW · NVDA · ORCL · PANW · PEP · PFE · PG · PLTR · PM · QCOM · RTX · SCCO · SCHW · STX · T · TJX · TMO · TMUS · TSLA · TXN · UNH · UNP · VZ · WELL · WFC · WMT
Questions
How is share count change calculated?
(Shares this year - shares last year) / shares last year x 100. Measured over the latest complete fiscal year, as filed.
What does share count change tell a value investor?
Every share issued dilutes your claim on the same business; every share retired concentrates it.
When does share count change mislead?
Nets buybacks against shares issued to staff, so heavy repurchases can show as no change. The seventh Piotroski test watches this line. After a split, filed per-share figures are restated to today's share count, and the split is cited.