M (MHO) Shares Outstanding (2010 - 2026)
M (MHO) posted Shares Outstanding of 25.67 million for Q2 2026, down 4.4% from 26.84 million a year earlier and down 1.3% from the prior quarter.
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Analysis
M (MHO) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, M's Shares Outstanding came in at 26.73 million, down 3.8% from FY2024.
- Annual Shares Outstanding shows a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- In prior years, M's 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 Q2 2026 figure stands as the lowest quarterly Shares Outstanding since Q3 2017.
- On a year-over-year basis, Shares Outstanding has declined in each of the last six quarters, with an average decline of 3.0% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2021, with growth of 2.1%; the weakest was Q3 2022, with a decline of 5.6%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 26.01 million (Q1 2026), 26.73 million (Q4 2025) and 26.54 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.24 Bn | 29.54 Bn | 2.15 Bn | 282.20 Mn |
| 2 | Pultegroup | 21.57 Bn | 14.86 Bn | 1.06 Bn | 189.39 Mn |
| 3 | Lennar | 18.62 Bn | 9.00 Bn | 618.54 Mn | 237.76 Mn |
| 4 | Nvr | 15.98 Bn | 9.27 Bn | 485.14 Mn | 2.70 Mn |
| 5 | Toll Brothers | 12.65 Bn | 8.02 Bn | 625.22 Mn | 93.90 Mn |
| 6 | Champion Homes | 4.23 Bn | 1.71 Bn | - | 55.92 Mn |
| 7 | Cavco Industries | 4.01 Bn | 2.76 Bn | - | 7.80 Mn |
| 8 | Meritage Homes | 3.92 Bn | 841.27 Mn | 513.60 Mn | 65.79 Mn |
| 9 | M | 3.16 Bn | 235.07 Mn | 235.50 Mn | 25.67 Mn |
| 10 | Green Brick Partners | 2.66 Bn | 2.09 Bn | 157.52 Mn | 43.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 29.25 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();