Toro (TORO) Shares Outstanding (2021 - 2026)
Toro's Shares Outstanding was 17.89 million in the quarter ended Mar 31, 2026, up 2.8% from 17.4 million a year earlier and unchanged from the prior quarter.
Toro (TORO) Shares Outstanding (2021 - 2026) Analysis & Trends
From the quarter ended Dec 31, 2021 onward, Toro has reported Shares Outstanding for 18 quarters.
- Shares Outstanding has now increased for three consecutive years, with a four-year compound annual growth rate of 17.3% (years ended Dec 2021 to Dec 2025).
- In earlier years, Shares Outstanding was 17.4 million in the year ended Dec 31, 2024 (+12.7%), 15.44 million in the year ended Dec 31, 2023 (+63.2%), 9.46 million in the year ended Dec 31, 2022 (unchanged) and 9.46 million in the year ended Dec 31, 2021.
- Compared with a year earlier, Shares Outstanding has increased for ten straight quarters, with growth averaging 22.8% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 0.0% (the quarter ended Dec 31, 2022) and 63.2% (the quarter ended Sep 30, 2024) over the last five years.
- Per Business Quant data, TORO's Shares Outstanding in the three quarters before the quarter ended Mar 31, 2026 was 17.89 million (quarter ended Dec 31, 2025), 17.4 million (quarter ended Sep 30, 2025) and 17.4 million (quarter ended Jun 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 593.40 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 1.86 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 886.40 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 851.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 224.60 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 654.00 Mn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 207.66 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 527.75 Mn |
| 10 | Toro | 100.88 Mn | 100.88 Mn | - | 17.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 17.89 Mn |
| Dec 31, 2025 | 17.89 Mn |
| Sep 30, 2025 | 17.40 Mn |
| Jun 30, 2025 | 17.40 Mn |
| Mar 31, 2025 | 17.40 Mn |
| Dec 31, 2024 | 17.40 Mn |
| Sep 30, 2024 | 15.44 Mn |
| Jun 30, 2024 | 15.44 Mn |
| Mar 31, 2024 | 15.44 Mn |
| Dec 31, 2023 | 15.44 Mn |
| Sep 30, 2023 | 9.46 Mn |
| Jun 30, 2023 | 9.46 Mn |
| Mar 31, 2023 | 9.46 Mn |
| Dec 31, 2022 | 9.46 Mn |
| Sep 30, 2022 | 9.46 Mn |
| Jun 30, 2022 | 9.46 Mn |
| Mar 31, 2022 | 9.46 Mn |
| Dec 31, 2021 | 9.46 Mn |
Toro 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=TORO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "TORO", "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=TORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();