Eli Lilly (LLY) Shares Outstanding (Diluted) (2009 - 2026)
Eli Lilly's Weighted Average Shares Outstanding (Diluted) came in at 893.4 million for Q3 2026, down 0.6% from 898.8 million a year earlier and unchanged from the prior quarter.
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Analysis
Eli Lilly (LLY) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Eli Lilly's Weighted Average Shares Outstanding (Diluted) was 899.3 million, down 0.5% from FY2024.
- Weighted Average Shares Outstanding (Diluted) carries a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 904.06 million in FY2024 (+0.1%), 903.28 million in FY2023 (-0.1%), 904.62 million in FY2022 (-0.8%) and 911.68 million in FY2021 (-0.1%).
- The Q3 2026 figure represents the lowest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year-over-year, Weighted Average Shares Outstanding (Diluted) has declined for seven consecutive quarters, with an average decline of 0.5% over the last eight quarters.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q3 2024 (growth of 0.6%), and the weakest in Q2 2022 (a decline of 0.8%).
- Business Quant data shows LLY's Weighted Average Shares Outstanding (Diluted) at 893.7 million (Q2 2026), 895.9 million (Q1 2026) and 899.3 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 893.40 Mn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 2.45 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 1.77 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.48 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 1.96 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 1.56 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 546.00 Mn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 1.25 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 5.75 Bn |
| 10 | Vertex Pharmaceuticals | 138.90 Bn | 106.64 Bn | 2.91 Bn | 255.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 893.40 Mn |
| Jun 30, 2026 | 893.70 Mn |
| Mar 31, 2026 | 895.90 Mn |
| Dec 31, 2025 | 899.30 Mn |
| Sep 30, 2025 | 898.80 Mn |
| Jun 30, 2025 | 899.80 Mn |
| Mar 31, 2025 | 900.60 Mn |
| Dec 31, 2024 | 904.06 Mn |
| Sep 30, 2024 | 905.00 Mn |
| Jun 30, 2024 | 904.20 Mn |
| Mar 31, 2024 | 903.80 Mn |
| Dec 31, 2023 | 903.28 Mn |
| Sep 30, 2023 | 899.80 Mn |
| Jun 30, 2023 | 902.70 Mn |
| Mar 31, 2023 | 903.30 Mn |
| Dec 31, 2022 | 904.62 Mn |
| Sep 30, 2022 | 903.80 Mn |
| Jun 30, 2022 | 902.90 Mn |
| Mar 31, 2022 | 906.40 Mn |
| Dec 31, 2021 | 911.68 Mn |
API Access
Eli Lilly Shares Outstanding (Diluted) 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-diluted&ticker=LLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "LLY", "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-diluted&ticker=LLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();