Saratoga Investment (SAJ) Shares Outstanding (2021 - 2026)
Saratoga Investment's (SAJ) quarterly Shares Outstanding (Entity) came in at $16.3 million in Q2 2026, up 4.89% year-over-year from $15.5 million in Q2 2025, and little changed quarter-over-quarter from $16.2 million in Q1 2026.
Analysis
Saratoga Investment (SAJ) Shares Outstanding (2021 - 2026) Analysis & Trends
Saratoga Investment has disclosed Shares Outstanding (Entity) across 6 years of filings, most recently posting $16.3 million for Q2 2026.
- In Q2 2026, Shares Outstanding (Entity) rose 4.89% year-over-year to $16.3 million; the TTM figure through May 2026 stood at $16.3 million (up 4.89% YoY), while the FY2026 annual figure was $16.2 million, up 6.86% from the prior year.
- Shares Outstanding (Entity) came in at $16.3 million for Q2 2026 at Saratoga Investment, roughly flat from $16.2 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $16.3 million in Q2 2026 to a low of $11.8 million in Q2 2023.
- Average Shares Outstanding (Entity) over 5 years is $13.8 million, with a median of $13.7 million recorded in 2024.
- Year-over-year, Shares Outstanding (Entity) slipped 1.99% in 2023 and rose 16.6% in 2025.
- Over 5 years, Shares Outstanding (Entity) stood at $11.9 million in 2022, then increased by 10.34% to $13.1 million in 2023, then gained by 4.81% to $13.7 million in 2024, then increased by 17.46% to $16.1 million in 2025, then increased by 0.89% to $16.3 million in 2026.
- Per Business Quant data, the three most recent Shares Outstanding (Entity) figures were $16.3 million in Q2 2026, $16.2 million in Q1 2026, and $16.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 718.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 232.56 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 495.38 Mn |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 93.25 Mn |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 460.88 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 185.52 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 280.06 Mn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 260.45 Mn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 99.22 Mn |
| 10 | Saratoga Investment | 409.08 Mn | 33.71 Mn | - | 16.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 16.25 Mn |
| Feb 28, 2026 | 15.85 Mn |
| Nov 30, 2025 | 16.11 Mn |
| Aug 31, 2025 | 15.78 Mn |
| May 31, 2025 | 15.34 Mn |
| Feb 28, 2025 | 13.91 Mn |
| Nov 29, 2024 | 13.73 Mn |
| Aug 31, 2024 | 13.73 Mn |
| May 31, 2024 | 13.68 Mn |
| Feb 29, 2024 | 12.67 Mn |
| Nov 30, 2023 | 13.05 Mn |
| Aug 31, 2023 | 12.16 Mn |
| May 31, 2023 | 11.86 Mn |
| Feb 28, 2023 | 11.96 Mn |
| Nov 30, 2022 | 11.89 Mn |
| Aug 31, 2022 | 11.96 Mn |
| May 31, 2022 | 12.11 Mn |
| Feb 28, 2022 | 11.46 Mn |
| Nov 30, 2021 | 11.45 Mn |
| Aug 31, 2021 | 11.18 Mn |