TMC the metals (TMC) Shares Outstanding (2019 - 2026)
TMC the metals (TMC) reported Shares Outstanding of 433.24 million for Q2 2026, up 18.2% from 366.63 million a year earlier.
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Analysis
TMC the metals (TMC) Shares Outstanding (2019 - 2026) Analysis & Trends
For FY2025, TMC the metals posted Shares Outstanding of 384.51 million, up 19.5% from FY2024.
- Shares Outstanding has increased for five consecutive years, with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 321.88 million in FY2024 (+11.5%), 288.64 million in FY2023 (+20.3%), 239.87 million in FY2022 (+17.1%) and 204.93 million in FY2021 (+14.8%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q4 2019.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 9.9% in Q3 2024 to 25.3% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 1.62 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 829.10 Mn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 1.07 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 1.96 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 1.44 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 501.99 Mn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 1.71 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 228.20 Mn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 763.00 Mn |
| 10 | TMC the metals | 1.69 Bn | 1.25 Bn | - | 433.24 Mn |
Historic Data
Download Data
Historic 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 |
API Access
TMC the metals Shares Outstanding 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&ticker=TMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "TMC", "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&ticker=TMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();