WhiteHorse Finance (WHF) Shares Outstanding (2021 - 2026)
WhiteHorse Finance (WHF) recorded Shares Outstanding of 21.57 million in Q2 2026, down 7.2% from 23.24 million a year earlier and down 2.7% from the prior quarter.
WhiteHorse Finance (WHF) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, WhiteHorse Finance reported Shares Outstanding of 23.17 million, down 0.3% from FY2024.
- Annual Shares Outstanding has a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 23.24 million in FY2024 (unchanged), 23.24 million in FY2023 (+0.1%), 23.23 million in FY2022 (+9.8%) and 21.15 million in FY2021 (+2.9%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding since Q4 2021.
- On a year-over-year basis, Shares Outstanding has declined for three consecutive quarters, with an average decline of 1.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 11.5% in Q3 2022, against a decline of 7.2% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.17 million (Q1 2026), 23.17 million (Q4 2025) and 23.24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | WhiteHorse Finance | 150.12 Mn | 113.30 Mn | - | 21.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.57 Mn |
| Mar 31, 2026 | 22.17 Mn |
| Dec 31, 2025 | 23.17 Mn |
| Sep 30, 2025 | 23.24 Mn |
| Jun 30, 2025 | 23.24 Mn |
| Mar 31, 2025 | 23.24 Mn |
| Dec 31, 2024 | 23.24 Mn |
| Sep 30, 2024 | 23.24 Mn |
| Jun 30, 2024 | 23.24 Mn |
| Mar 31, 2024 | 23.24 Mn |
| Dec 31, 2023 | 23.24 Mn |
| Sep 30, 2023 | 23.24 Mn |
| Jun 30, 2023 | 23.24 Mn |
| Mar 31, 2023 | 23.24 Mn |
| Dec 31, 2022 | 23.23 Mn |
| Sep 30, 2022 | 23.24 Mn |
| Jun 30, 2022 | 23.24 Mn |
| Mar 31, 2022 | 23.19 Mn |
| Dec 31, 2021 | 21.15 Mn |
| Sep 30, 2021 | 20.85 Mn |
WhiteHorse Finance 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=WHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "WHF", "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=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();