Companies: 10,795·Total market cap: $144.5T
Larsen & Toubro Limited

Larsen & Toubro Limited

LTOUFOTCIndustrials● Active
$41.95
+$0.00(+0.00%)
Market Cap$57.7B
P/E Ratio
52W High$48.68
52W Low$29.23

Larsen & Toubro Limited (LTOUF) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

LTOUF · shares outstanding · updated Jun 9, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
1.376B +0.04% YoY Change
FY · as of Mar 31, 2026 · Reported in INR
vs 1.375B in FY 2025
Diluted Shares Outstanding
1.376B
incl. options, RSUs, convertibles
Dilution Spread
+0.04%
Diluted vs Basic
YoY Change
+0.04%
year-over-year
Float (Free Float)
1.143B
publicly tradable shares
83.1% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-09

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+4.3%
2023 → 2026
5-Year CAGRincreasing
+2.6%
2021 → 2026
10-Year CAGRdeclining
-0.1%
2016 → 2026

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2026Latest
Diluted Shares: 1.376B
1.376B
+0.04%
FY 2025
Diluted Shares: 1.376B
1.375B
-1.86%
FY 2024
Diluted Shares: 1.391B
1.401B
+15.51%
FY 2023
Diluted Shares: 1.214B
1.213B
+0.04%
FY 2022
Diluted Shares: 1.214B
1.212B
+0.03%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Industrials sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Industrials sector.

#SymbolCompanyShares (Basic)vs LTOUF
#1
Larsen & Toubro LimitedLTOUF
Larsen & Toubro LimitedYOU
1.376B
#2
RTX CorporationRTX
RTX Corporation
1.341B-2.5%
#3
GE AerospaceGE
GE Aerospace
1.067B-22.4%
#4
The Boeing CompanyBA
The Boeing Company
762.3M-44.6%
#5
Union Pacific CorporationUNP
Union Pacific Corporation
592.5M-56.9%
#6
Caterpillar Inc.CAT
Caterpillar Inc.
466.5M-66.1%
#7
Eaton Corporation plcETN
Eaton Corporation plc
388.2M-71.8%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Larsen & Toubro Limited (LTOUF) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of March 31, 2026, Larsen & Toubro Limited reports 1.376B basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Larsen & Toubro Limited's basic shares outstanding (1.376B) represents currently issued shares. Diluted shares outstanding (1.376B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.04%.

Shares Outstanding vs. Float (Free Float)

Larsen & Toubro Limited's float is 1.143B (83.1% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float1.143B(83.1%)
Outstanding1.376B

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · INR

About shares outstanding & methodology

Larsen & Toubro Limited (LTOUF) shares outstanding history from 2007 to 2026. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Larsen & Toubro Limited shares outstanding for the fiscal year ending March 31, 2026 were 1.376B, a 0.04% increase year-over-year. Larsen & Toubro Limited FY 2026 shares outstanding were 1.376B, a +0.04% increase from FY 2025.

Larsen & Toubro Limited is a leading company operating in the Industrials sector. The company's share count trajectory — with a 10-year CAGR of -0.1% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

LTOUF shares outstanding · 4 questions

As of March 31, 2026, Larsen & Toubro Limited (LTOUF) has approximately 1.376B basic shares outstanding and 1.376B diluted shares outstanding. This represents a +0.04% year-over-year increase from FY 2025 (1.375B). The increase may reflect equity compensation issuances or secondary offerings.

LTOUF shares outstandinghow many shares does LTOUF haveLTOUF basic shares 2026LTOUF diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Larsen & Toubro Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-09