Companies: 10,795·Total market cap: $144.5T
Midwest Holding Inc.

Midwest Holding Inc.

MDWTNASDAQFinancial Services
$26.99
$-0.01(-0.02%)
Market Cap$101049110
P/E Ratio
52W High$27.5
52W Low$12.325
Overview

Midwest Holding Inc. (MDWT) Shares Outstanding — Overview

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

MDWT · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
3.7M -0.03% YoY Change
FY · as of Dec 31, 2022 · Reported in USD
vs 3.7M in FY 2021
Diluted Shares Outstanding
3.8M
incl. options, RSUs, convertibles
Dilution Spread
+1.82%
Diluted vs Basic
YoY Change
-0.03%
year-over-year
Float (Free Float)
2.2M
publicly tradable shares
57.9% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+48.1%
2019 → 2022
5-Year CAGRincreasing
+141.3%
2017 → 2022
10-Year CAGRincreasing
+70.3%
2012 → 2022

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 2022Latest
Diluted Shares: 3.8M
3.7M
-0.03%
FY 2021
Diluted Shares: 3.7M
3.7M
+46.74%
FY 2020
Diluted Shares: 2.6M
2.5M
+121.66%
FY 2019
Diluted Shares: 1.2M
1.1M
+2411.73%
FY 2018
Diluted Shares: 2.0M
45,747
+0.06%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Financial Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Financial Services sector.

#SymbolCompanyShares (Basic)vs MDWT
#1
Bank of America CorporationBAC
Bank of America Corporation
7.365B+>999%
#2
JPMorgan Chase & Co.JPM
JPMorgan Chase & Co.
2.789B+>999%
#3
Berkshire Hathaway Inc.BRK-B
Berkshire Hathaway Inc.
2.157B+>999%
#4
Visa Inc.V
Visa Inc.
1.942B+>999%
#5
Mastercard IncorporatedMA
Mastercard Incorporated
897.0M+>999%
#6
Midwest Holding Inc.MDWT
Midwest Holding Inc.YOU
3.7M
#7
Berkshire Hathaway Inc.BRK-A
Berkshire Hathaway Inc.
1.4M-61.5%

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

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Midwest Holding Inc. (MDWT) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2022, Midwest Holding Inc. reports 3.7M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Midwest Holding Inc.'s basic shares outstanding (3.7M) represents currently issued shares. Diluted shares outstanding (3.8M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +1.82%.

Shares Outstanding vs. Float (Free Float)

Midwest Holding Inc.'s float is 2.2M (57.9% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float2.2M(57.9%)
Outstanding3.7M

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 · USD

About shares outstanding & methodology

Midwest Holding Inc. (MDWT) shares outstanding history from 2010 to 2022. 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.

Midwest Holding Inc. shares outstanding for the fiscal year ending December 31, 2022 were 3.7M, a 0.03% decline year-over-year. Midwest Holding Inc. FY 2022 shares outstanding were 3.7M, a -0.03% decline from FY 2021.

Midwest Holding Inc. is a leading company operating in the Financial Services sector. The company's share count trajectory — with a 10-year CAGR of +70.3% — 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

MDWT shares outstanding · 4 questions

As of December 31, 2022, Midwest Holding Inc. (MDWT) has approximately 3.7M basic shares outstanding and 3.8M diluted shares outstanding. This represents a -0.03% year-over-year change from FY 2021 (3.7M). Midwest Holding Inc.'s declining share count is primarily driven by its share buyback program. For the complete historical data table, see the history table above.

MDWT shares outstandinghow many shares does MDWT haveMDWT basic shares 2022MDWT diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Midwest Holding Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08