Ludwig Enterprises (LUDG) Shares Outstanding (Diluted Average) (2023 - 2025)
Ludwig Enterprises (LUDG) reported Shares Outstanding (Diluted Average) of $161.8 million for Q4 2025, up 2.03% on a YoY basis from $158.6 million in Q4 2024, and down 81.23% quarter-over-quarter from $862.0 million in Q3 2025.
Ludwig Enterprises (LUDG) Shares Outstanding (Diluted Average) (2023 - 2025) Analysis & Trends
Ludwig Enterprises has reported Shares Outstanding (Diluted Average) for 3 years, with the latest figure at $161.8 million in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 2.03% year-over-year to $161.8 million; the trailing twelve-month figure through Dec 2025 stood at $161.8 million (up 2.03% YoY), and the FY2025 full-year result was $161.8 million, up 2.03% from the prior year.
- Shares Outstanding (Diluted Average) for Q4 2025 stood at $161.8 million, down from $862.0 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $862.0 million in Q3 2025, with the low at $155.5 million in Q1 2024.
- Historically, Shares Outstanding (Diluted Average) has averaged $260.9 million across 3 years, with a median of $161.6 million in 2025.
- Annual changes were most pronounced in 2024 — Shares Outstanding (Diluted Average) tumbled 50.04% — and 2025, when it jumped 445.75%.
- Ludwig Enterprises' Shares Outstanding (Diluted Average) stood at $286.6 million in 2023, then tumbled by 44.65% to $158.6 million in 2024, then gained by 2.03% to $161.8 million in 2025.
- The last three Shares Outstanding (Diluted Average) figures came in at $161.8 million (Q4 2025), $862.0 million (Q3 2025), and $161.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 1.75 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 386.50 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 1.29 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 1.50 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 580.70 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 393.60 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 457.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | - |
| 10 | Ludwig Enterprises | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 161.82 Mn |
| Sep 30, 2025 | 861.96 Mn |
| Jun 30, 2025 | 161.57 Mn |
| Mar 31, 2025 | 161.18 Mn |
| Dec 31, 2024 | 158.61 Mn |
| Sep 30, 2024 | 157.94 Mn |
| Jun 30, 2024 | 159.00 Mn |
| Mar 31, 2024 | 155.46 Mn |
| Dec 31, 2023 | 286.56 Mn |
| Sep 30, 2023 | 288.01 Mn |
| Jun 30, 2023 | 318.24 Mn |