Shares Outstanding for Walt Disney (DIS)
According to Walt Disney's latest reported financial statements, the company's latest reported diluted shares outstanding is 1.79B. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

DIS
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Latest period
1.79B
YoY change
-1.1%
5Y CAGR
+0.0%
Peak year (2004)
2.19B
Latest annual
1.81B
Shares Outstanding history chart for Walt Disney (DIS) from 1985 to 2025
Shares Outstanding history table for Walt Disney (DIS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 1.81B | -1.1% | ||
| 2024 | 1.83B | +0.1% | ||
| 2023 | 1.83B | +0.2% | ||
| 2022 | 1.83B | -0.1% | ||
| 2021 | 1.83B | +1.1% | ||
| 2020 | 1.81B | +8.5% | ||
| 2019 | 1.67B | +10.6% | ||
| 2018 | 1.51B | -4.5% | ||
| 2017 | 1.58B | -3.7% | ||
| 2016 | 1.64B | -4.1% | ||
| 2015 | 1.71B | -2.8% | ||
| 2014 | 1.76B | -3.0% | ||
| 2013 | 1.81B | -0.3% | ||
| 2012 | 1.82B | -4.8% | ||
| 2011 | 1.91B | -2.0% | ||
| 2010 | 1.95B | +3.9% | ||
| 2009 | 1.88B | -3.7% | ||
| 2008 | 1.95B | -6.9% | ||
| 2007 | 2.09B | +0.8% | ||
| 2006 | 2.08B | -2.5% | ||
| 2005 | 2.13B | -2.9% | ||
| 2004 | 2.19B | +2.1% | ||
| 2003 | 2.15B | +5.1% | ||
| 2002 | 2.04B | -2.7% | ||
| 2001 | 2.10B | +30.1% | ||
| 2000 | 1.61B | -23.0% | ||
| 1999 | 2.10B | +0.9% | ||
| 1998 | 2.08B | +2.6% | ||
| 1997 | 2.02B | +0.0% | ||
| 1996 | 2.02B | +28.5% | ||
| 1995 | 1.57B | +0.1% | ||
| 1994 | 1.57B | -2.1% | ||
| 1993 | 1.61B | +2.1% | ||
| 1992 | 1.57B | +0.7% | ||
| 1991 | 1.56B | -1.2% | ||
| 1990 | 1.58B | -2.6% | ||
| 1989 | 1.63B | +1.6% | ||
| 1988 | 1.60B | +1.1% | ||
| 1987 | 1.58B | +0.8% | ||
| 1986 | 1.57B | +1.0% | ||
| 1985 | 1.55B | — |
Shares Outstanding values are taken from Walt Disney's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Walt Disney (DIS) reported diluted shares outstanding of 1.81B – edged down 1.1% year-over-year.
Walt Disney diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +0.0%, with the latest reading among the more recent periods of the dataset.
Between 2004 and 2025, Walt Disney diluted shares outstanding declined 17.4%, falling from 2.19B to 1.81B.
The dataset's maximum diluted shares outstanding sits at 2.19B (2004); the minimum reading of 1.51B dates to 2018.
Among 8 Communication Services peers, Walt Disney (DIS) ranks 7th; the peer median for diluted shares outstanding is 3.93B.
Walt Disney Shares Outstanding by Year
Walt Disney Shares Outstanding 2025: 1.81B
Walt Disney diluted shares outstanding in 2025 was 1.81B, edged down 1.1% below 2024.
Walt Disney Shares Outstanding 2024: 1.83B
Walt Disney diluted shares outstanding in 2024 was 1.83B, edged up 0.1% from 2023.
Walt Disney Shares Outstanding 2023: 1.83B
Walt Disney diluted shares outstanding in 2023 was 1.83B, edged up 0.2% from 2022.
Walt Disney Shares Outstanding 2022: 1.83B
Walt Disney diluted shares outstanding in 2022 was 1.83B, edged down 0.1% below 2021.
Walt Disney Shares Outstanding 2021: 1.83B
Walt Disney diluted shares outstanding in 2021 was 1.83B.
See more financial history for Walt Disney (DIS).
Sector peers — Shares Outstanding
Companies in the same sector as Walt Disney, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | 12.23B | Communication Services |
| AT&T Inc. (T) | 7.18B | Communication Services |
| Netflix, Inc. (NFLX) | 4.32B | Communication Services |
| Verizon Communications Inc. (VZ) | 4.23B | Communication Services |
| Comcast Corporation (CMCSA) | 3.64B | Communication Services |
| Meta Platforms, Inc. (META) | 2.57B | Communication Services |
| T-Mobile US, Inc. (TMUS) | 1.13B | Communication Services |
| Spotify Technology S.A. (SPOT) | 210.51M | Communication Services |
Frequently asked questions
What is Walt Disney's diluted shares outstanding?
- Latest reported diluted shares outstanding for Walt Disney (DIS) is 1.79B (period ending December 27, 2025).
How has Walt Disney diluted shares outstanding changed year-over-year?
- Walt Disney (DIS) diluted shares outstanding changed -1.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Walt Disney diluted shares outstanding?
- Walt Disney (DIS) diluted shares outstanding compound annual growth rate is +0.0% over the most recent 5 years available.
When did Walt Disney diluted shares outstanding hit its highest annual value?
- Walt Disney diluted shares outstanding reached its highest annual value of 2.19B in 2004.
What was Walt Disney diluted shares outstanding in 2024?
- Walt Disney (DIS) diluted shares outstanding in 2024 was 1.83B.
What was Walt Disney diluted shares outstanding in 2025?
- Walt Disney (DIS) diluted shares outstanding in 2025 was 1.81B.
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