M (MHO) Shares Outstanding (2010 - 2026)
M (MHO) posted Weighted Average Shares Outstanding of 25.43 million for Q3 2026, down 4.2% from 26.54 million a year earlier and down 0.9% from the prior quarter.
Powered by 
Analysis
M (MHO) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, M's Weighted Average Shares Outstanding came in at 26.73 million, down 3.8% from FY2024.
- Annual Weighted Average Shares Outstanding shows a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- In prior years, M's Weighted Average Shares Outstanding was 27.78 million in FY2024 (unchanged), 27.77 million in FY2023 (-0.4%), 27.88 million in FY2022 (-4.2%) and 29.09 million in FY2021 (+1.7%).
- The Q3 2026 figure stands as the lowest quarterly Weighted Average Shares Outstanding since Q2 2017.
- On a year-over-year basis, Weighted Average Shares Outstanding has declined in each of the last seven quarters, with an average decline of 3.4% over the last eight quarters.
- The strongest year-over-year quarter for Weighted Average Shares Outstanding in the past five years was Q4 2021, with growth of 1.7%; the weakest was Q3 2022, with a decline of 5.6%.
- According to Business Quant data, Weighted Average Shares Outstanding for the three prior quarters was 25.67 million (Q2 2026), 26.01 million (Q1 2026) and 26.73 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.89 Bn | 34.20 Bn | 2.15 Bn | 282.20 Mn |
| 2 | Pultegroup | 25.40 Bn | 18.76 Bn | 1.07 Bn | 186.63 Mn |
| 3 | Lennar | 21.84 Bn | 12.21 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 16.88 Bn | 11.02 Bn | 482.36 Mn | 2.66 Mn |
| 5 | Toll Brothers | 14.71 Bn | 10.09 Bn | 625.22 Mn | 93.90 Mn |
| 6 | Champion Homes | 5.23 Bn | 2.44 Bn | 185.60 Mn | 54.16 Mn |
| 7 | Cavco Industries | 5.16 Bn | 4.11 Bn | 147.61 Mn | 7.68 Mn |
| 8 | Meritage Homes | 4.64 Bn | 1.61 Bn | 410.22 Mn | 65.79 Mn |
| 9 | M | 3.46 Bn | 649.29 Mn | - | 25.43 Mn |
| 10 | Kb Home | 3.17 Bn | 2.38 Bn | -857.09 Mn | 60.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.43 Mn |
| Jun 30, 2026 | 25.67 Mn |
| Mar 31, 2026 | 26.01 Mn |
| Dec 31, 2025 | 26.73 Mn |
| Sep 30, 2025 | 26.54 Mn |
| Jun 30, 2025 | 26.84 Mn |
| Mar 31, 2025 | 27.31 Mn |
| Dec 31, 2024 | 27.78 Mn |
| Sep 30, 2024 | 27.64 Mn |
| Jun 30, 2024 | 27.88 Mn |
| Mar 31, 2024 | 28.05 Mn |
| Dec 31, 2023 | 27.77 Mn |
| Sep 30, 2023 | 27.91 Mn |
| Jun 30, 2023 | 27.79 Mn |
| Mar 31, 2023 | 27.60 Mn |
| Dec 31, 2022 | 27.88 Mn |
| Sep 30, 2022 | 27.62 Mn |
| Jun 30, 2022 | 28.04 Mn |
| Mar 31, 2022 | 28.42 Mn |
| Dec 31, 2021 | 29.09 Mn |
API Access
M 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=MHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "MHO", "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=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();