Adamas Trust (ADAM) Shares Outstanding (2010 - 2026)
Adamas Trust's Shares Outstanding came in at 89.98 million for Q2 2026, down 0.4% from 90.32 million a year earlier and down 0.4% from the prior quarter.
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Analysis
Adamas Trust (ADAM) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Adamas Trust's Shares Outstanding was 90.43 million, down 0.4% from FY2024.
- Shares Outstanding has declined in each of the last four years, with a five-year compound annual growth rate of -0.5% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 90.82 million in FY2024 (-0.2%), 91.04 million in FY2023 (-3.5%), 94.32 million in FY2022 (-0.5%) and 94.81 million in FY2021 (+2.2%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding since Q1 2020.
- Year-over-year, Shares Outstanding has declined for 16 consecutive quarters, with an average decline of 0.4% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in Q4 2021 (growth of 2.2%), and the weakest in Q2 2023 (a decline of 4.3%).
- Business Quant data shows ADAM's Shares Outstanding at 90.35 million (Q1 2026), 90.43 million (Q4 2025) and 90.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Adamas Trust | 699.26 Mn | -120.57 Mn | - | 89.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 89.98 Mn |
| Mar 31, 2026 | 90.35 Mn |
| Dec 31, 2025 | 90.43 Mn |
| Sep 30, 2025 | 90.41 Mn |
| Jun 30, 2025 | 90.32 Mn |
| Mar 31, 2025 | 90.58 Mn |
| Dec 31, 2024 | 90.82 Mn |
| Sep 30, 2024 | 90.58 Mn |
| Jun 30, 2024 | 90.99 Mn |
| Mar 31, 2024 | 91.12 Mn |
| Dec 31, 2023 | 91.04 Mn |
| Sep 30, 2023 | 90.98 Mn |
| Jun 30, 2023 | 91.19 Mn |
| Mar 31, 2023 | 91.31 Mn |
| Dec 31, 2022 | 94.32 Mn |
| Sep 30, 2022 | 94.27 Mn |
| Jun 30, 2022 | 95.30 Mn |
| Mar 31, 2022 | 95.20 Mn |
| Dec 31, 2021 | 94.81 Mn |
| Sep 30, 2021 | 94.85 Mn |
API Access
Adamas Trust Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ADAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "ADAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=ADAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();