TMC the metals (TMC) Shares Outstanding (2019 - 2026)
TMC the metals' (TMC) quarterly Shares Outstanding (Entity) came in at $423.0 million in Q4 2025, up 24.14% YoY from $340.7 million in Q4 2024, and up 3.45% on a QoQ basis from $408.9 million in Q3 2025.
TMC the metals (TMC) Shares Outstanding (2019 - 2026) Analysis & Trends
TMC the metals (TMC) has 7 years of Shares Outstanding (Entity) data on file, last reported at $423.0 million in Q4 2025.
- Quarterly Shares Outstanding (Entity) rose 24.14% year-over-year to $423.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $423.0 million (up 24.14% YoY) and the FY2025 annual result came in at $423.0 million, up 24.14% from the prior year.
- Shares Outstanding (Entity) advanced to $423.0 million in Q4 2025, from $408.9 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $423.0 million in Q4 2025 to a low of $7.5 million in Q2 2021.
- A 5-year average of $275.0 million and a median of $293.1 million in 2023 frame the typical range for Shares Outstanding (Entity).
- Annual changes were most pronounced in 2021 — Shares Outstanding (Entity) changed 0.0% — and 2022, when it soared 2928.78%.
- Tracing TMC's Shares Outstanding (Entity) over 5 years: stood at $225.4 million in 2021, then climbed by 18.36% to $266.8 million in 2022, then advanced by 14.9% to $306.6 million in 2023, then climbed by 11.14% to $340.7 million in 2024, then grew by 24.14% to $423.0 million in 2025.
- The last three Shares Outstanding (Entity) figures came in at $423.0 million (Q4 2025), $408.9 million (Q3 2025), and $397.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | 2.54 Bn |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | 1.62 Bn |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 490.10 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 178.41 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 285.00 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 20.82 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 123.70 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 230.08 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 621.76 Mn |
| 10 | TMC the metals | 1.71 Bn | 1.61 Bn | - | 433.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 433.24 Mn |
| Dec 31, 2025 | 384.51 Mn |
| Sep 30, 2025 | 405.51 Mn |
| Jun 30, 2025 | 366.63 Mn |
| Mar 31, 2025 | 345.35 Mn |
| Dec 31, 2024 | 321.88 Mn |
| Sep 30, 2024 | 323.66 Mn |
| Jun 30, 2024 | 320.89 Mn |
| Mar 31, 2024 | 311.52 Mn |
| Dec 31, 2023 | 288.64 Mn |
| Sep 30, 2023 | 294.64 Mn |
| Jun 30, 2023 | 281.32 Mn |
| Mar 31, 2023 | 272.03 Mn |
| Dec 31, 2022 | 239.87 Mn |
| Sep 30, 2022 | 239.74 Mn |
| Jun 30, 2022 | 227.12 Mn |
| Mar 31, 2022 | 226.08 Mn |
| Dec 31, 2021 | 204.93 Mn |
| Sep 30, 2021 | 205.25 Mn |
| Jun 30, 2021 | 7.50 Mn |