American Resources (AREC) Shares Outstanding (Diluted) (2014 - 2025)
American Resources (AREC) reported Shares Outstanding (Diluted) of 87.27 million for Q4 2025, up 13.0% from 77.22 million a year earlier and up 3.5% from the prior quarter.
American Resources (AREC) Shares Outstanding (Diluted) (2014 - 2025) Analysis & Trends
Dating back to Q4 2014, American Resources' Shares Outstanding (Diluted) record includes 44 quarters.
- Shares Outstanding (Diluted) has increased for three consecutive years, with a five-year compound annual growth rate of 35.6% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 77.22 million in FY2024 (+2.8%), 75.14 million in FY2023 (+295.1%), 19.02 million in FY2022 (unchanged) and 19.02 million in FY2021 (unchanged).
- The Q4 2025 figure ranks as the highest quarterly Shares Outstanding (Diluted) in data going back to Q4 2014.
- The year-over-year growth in Shares Outstanding (Diluted) has ranged between 0.0% (Q1 2021) and 307.0% (Q3 2024) over the last five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.75 Bn | 33.53 Bn | 190.14 Mn | 435.58 Mn |
| 2 | NexGen Energy | 6.02 Bn | 3.55 Bn | - | 588.40 Mn |
| 3 | Uranium Energy | 4.67 Bn | 3.09 Bn | 10.03 Mn | 484.41 Mn |
| 4 | Warrior Met Coal | 4.65 Bn | 3.35 Bn | 169.64 Mn | 52.87 Mn |
| 5 | Core Natural Resources | 4.28 Bn | 2.51 Bn | 252.03 Mn | 50.47 Mn |
| 6 | Alliance Resource Partners | 3.13 Bn | 2.82 Bn | 202.70 Mn | 128.66 Mn |
| 7 | Peabody Energy | 2.97 Bn | 826.26 Mn | - | 122.00 Mn |
| 8 | Energy Fuels | 2.76 Bn | -178.71 Mn | 14.42 Mn | 249.32 Mn |
| 9 | Centrus Energy | 2.68 Bn | -4.64 Bn | 49.90 Mn | 21.89 Mn |
| 10 | American Resources | 136.48 Mn | 134.89 Mn | -301,480.00 | 87.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 87.27 Mn |
| Sep 30, 2025 | 84.31 Mn |
| Mar 31, 2025 | 78.95 Mn |
| Dec 31, 2024 | 77.22 Mn |
| Sep 30, 2024 | 77.40 Mn |
| Jun 30, 2024 | 76.37 Mn |
| Mar 31, 2024 | 76.37 Mn |
| Dec 31, 2023 | 75.14 Mn |
| Sep 30, 2023 | 19.02 Mn |
| Jun 30, 2023 | 19.02 Mn |
| Mar 31, 2023 | 19.02 Mn |
| Dec 31, 2022 | 19.02 Mn |
| Sep 30, 2022 | 19.02 Mn |
| Jun 30, 2022 | 19.02 Mn |
| Mar 31, 2022 | 19.02 Mn |
| Dec 31, 2021 | 19.02 Mn |
| Sep 30, 2021 | 19.02 Mn |
| Jun 30, 2021 | 19.02 Mn |
| Mar 31, 2021 | 19.02 Mn |
| Dec 31, 2020 | 19.02 Mn |
American Resources Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AREC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "AREC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=AREC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();