Ludwig Enterprises (LUDG) Shares Outstanding (Entity) (2022 - 2026)
Ludwig Enterprises' Shares Outstanding (Entity) was 167.17 million in Q1 2026, up 3.5% from 161.57 million a year earlier and up 2.8% from the prior quarter.
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Analysis
Ludwig Enterprises (LUDG) Shares Outstanding (Entity) (2022 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Entity) at Ludwig Enterprises came in at 162.57 million, up 1.3% from FY2024.
- Shares Outstanding (Entity) shows a three-year compound annual growth rate of -19.8% (FY2022 to FY2025).
- In earlier years, Shares Outstanding (Entity) was 160.51 million in FY2024 (-44.0%), 286.56 million in FY2023 (-9.1%) and 315.19 million in FY2022.
- The Q1 2026 figure marks the highest quarterly Shares Outstanding (Entity) since Q4 2023.
- Compared with a year earlier, Shares Outstanding (Entity) has increased for five straight quarters, with an average decline of 16.7% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Entity) over five years was Q1 2025 (growth of 3.9%); the worst was Q1 2024 (a decline of 50.9%).
- Per Business Quant data, LUDG's Shares Outstanding (Entity) in the three quarters before Q1 2026 was 162.57 million (Q4 2025), 162.57 million (Q3 2025) and 161.57 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 217.96 Mn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 143.61 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 110.37 Mn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 80.90 Mn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 133.61 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 80.52 Mn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 175.20 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 98.65 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 197.51 Mn |
| 10 | Ludwig Enterprises | 1.67 Mn | 1.67 Mn | - | 167.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 167.17 Mn |
| Dec 31, 2025 | 162.57 Mn |
| Sep 30, 2025 | 162.57 Mn |
| Jun 30, 2025 | 161.57 Mn |
| Mar 31, 2025 | 161.57 Mn |
| Dec 31, 2024 | 160.51 Mn |
| Sep 30, 2024 | 159.91 Mn |
| Jun 30, 2024 | 159.02 Mn |
| Mar 31, 2024 | 155.46 Mn |
| Dec 31, 2023 | 286.56 Mn |
| Sep 30, 2023 | 323.57 Mn |
| Jun 30, 2023 | 323.36 Mn |
| Mar 31, 2023 | 316.68 Mn |
| Dec 31, 2022 | 315.19 Mn |
API Access
Ludwig Enterprises Shares Outstanding (Entity) 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-entity&ticker=LUDG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "LUDG", "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-entity&ticker=LUDG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();