CF Industries Holdings (CF) Shares Outstanding (Diluted) (2009 - 2026)
CF Industries Holdings' Weighted Average Shares Outstanding (Diluted) came in at 153.9 million for Q2 2026, down 5.6% from 163.1 million a year earlier and down 0.4% from the prior quarter.
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Analysis
CF Industries Holdings (CF) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, CF Industries Holdings' Weighted Average Shares Outstanding (Diluted) was 162.2 million, down 10.2% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has declined in each of the last four years, with a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding (Diluted) was 180.7 million in FY2024 (-6.8%), 193.8 million in FY2023 (-5.1%), 204.2 million in FY2022 (-5.6%) and 216.2 million in FY2021 (+0.5%).
- The Q2 2026 figure represents the lowest quarterly Weighted Average Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year-over-year, Weighted Average Shares Outstanding (Diluted) has declined for 18 consecutive quarters, with an average decline of 8.7% over the last eight quarters.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q3 2021 (growth of 0.5%), and the weakest in Q2 2025 (a decline of 10.8%).
- Business Quant data shows CF's Weighted Average Shares Outstanding (Diluted) at 154.5 million (Q1 2026), 162.2 million (Q4 2025) and 161.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 462.51 Mn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 871.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 242.80 Mn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 222.80 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 646.00 Mn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 486.52 Mn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 223.20 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 210.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 138.40 Mn |
| 10 | CF Industries Holdings | 17.91 Bn | 11.75 Bn | 720.00 Mn | 151.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 151.60 Mn |
| Jun 30, 2026 | 153.90 Mn |
| Mar 31, 2026 | 154.50 Mn |
| Dec 31, 2025 | 162.20 Mn |
| Sep 30, 2025 | 161.20 Mn |
| Jun 30, 2025 | 163.10 Mn |
| Mar 31, 2025 | 168.80 Mn |
| Dec 31, 2024 | 180.70 Mn |
| Sep 30, 2024 | 178.60 Mn |
| Jun 30, 2024 | 182.80 Mn |
| Mar 31, 2024 | 188.10 Mn |
| Dec 31, 2023 | 193.80 Mn |
| Sep 30, 2023 | 192.90 Mn |
| Jun 30, 2023 | 195.00 Mn |
| Mar 31, 2023 | 196.90 Mn |
| Dec 31, 2022 | 204.20 Mn |
| Sep 30, 2022 | 200.90 Mn |
| Jun 30, 2022 | 208.90 Mn |
| Mar 31, 2022 | 209.90 Mn |
| Dec 31, 2021 | 216.20 Mn |
API Access
CF Industries Holdings 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=CF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "CF", "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=CF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();