Saratoga Investment (SAR) Shares Outstanding (2021 - 2026)
Saratoga Investment (SAR) posted Shares Outstanding of 16.25 million for fiscal Q1 2027 (quarter ended May 31, 2026), up 5.9% from 15.34 million a year earlier and up 2.5% from the prior quarter.
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Analysis
Saratoga Investment (SAR) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Saratoga Investment's Shares Outstanding came in at 15.85 million, up 13.9% from FY2025.
- Annual Shares Outstanding has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 7.2% (FY2021 to FY2026).
- In prior fiscal years, Saratoga Investment's Shares Outstanding was 13.91 million in FY2025 (+9.8%), 12.67 million in FY2024 (+5.9%), 11.96 million in FY2023 (+4.4%) and 11.46 million in FY2022 (+2.4%).
- The fiscal Q1 2027 figure stands as the highest quarterly Shares Outstanding in data going back to fiscal Q2 2022.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 12 quarters, with growth averaging 11.5% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was fiscal Q3 2026, with growth of 17.4%; the weakest was fiscal Q1 2024, with a decline of 2.1%.
- According to Business Quant data, Shares Outstanding for the three prior fiscal quarters was 15.85 million (Q4 2026), 16.11 million (Q3 2026) and 15.78 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Saratoga Investment | 272.03 Mn | 66.25 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 |
API Access
Saratoga Investment 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=SAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "SAR", "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=SAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();