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Dow shares outstanding DOW

Diluted shares outstanding, averaged over each quarter, from 2018.

Latest quarter, to Jun 30, 2026
725.1M
On a year earlier
+2.2%
more shares

Dow had 725.1M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 2.2% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025718.1M+2%
FY2024704.7M+0%
FY2023703.6M−1%
FY2022713.1M−4%
FY2021743.4M−0%
FY2020743.8M+0%
FY2019740.1M−1%
FY2018747.2Mn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26725.1M+2%
Q1 FY26721.2M+2%
Q4 FY25718.1M+2%
Q3 FY25713.2M+1%
Q2 FY25709.5M+1%
Q1 FY25706.9M+0%
Q4 FY24704.7M+0%
Q3 FY24703.6M−1%
Q2 FY24705.3M−1%
Q1 FY24705.5M−0%
Q4 FY23703.6M−1%
Q3 FY23707.5M−1%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Dow

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.