SuperworthMcDonald's shares outstanding MCD
Diluted shares outstanding, averaged over each quarter, from 1997.
- Latest quarter, to Jun 30, 2026
- 711.1M
- On a year earlier
- −0.9%
- fewer shares
McDonald's had 711.1M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 0.9% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 714.2M | −1% |
| FY2024 | 719.7M | −1% |
| FY2023 | 727.8M | −1% |
| FY2022 | 736M | −2% |
| FY2021 | 751.6M | +0% |
| FY2020 | 751M | −1% |
| FY2019 | 755.6M | −3% |
| FY2018 | 776.6M | −3% |
| FY2017 | 803M | −3% |
| FY2016 | 829.7M | −10% |
| FY2015 | 919.9M | −5% |
| FY2014 | 971.5M | −3% |
| FY2013 | 999.3M | −1% |
| FY2012 | 1B | −2% |
| FY2011 | 1B | −3% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 711.1M | −1% | |
| Q1 FY26 | 713.5M | −1% | |
| Q4 FY25 | 714.2M | −1% | |
| Q3 FY25 | 715.9M | −1% | |
| Q2 FY25 | 717.6M | −1% | |
| Q1 FY25 | 718.2M | −1% | |
| Q4 FY24 | 719.7M | −1% | |
| Q3 FY24 | 720M | −2% | |
| Q2 FY24 | 722M | −2% | |
| Q1 FY24 | 725.9M | −1% | |
| Q4 FY23 | 727.8M | −1% | |
| Q3 FY23 | 731.6M | −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 McDonald's
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.