
Cleveland-Cliffs Inc.
Cleveland-Cliffs Inc. (CLF) Shares Outstanding — Overview
Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.
CLF · shares outstanding · updated Jun 8, 2026
Key metrics
as of Dec 31, 2025Shares Outstanding Growth Rate
CAGR · weighted avg basic sharesNegative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials
Shares outstanding history
Annual shares outstanding by year
Basic Materials sector shares outstanding comparison
Shares Outstanding for similar companies or competitors in the Basic Materials sector.
/company-screener · per-peer /income-statement · cache 86400s
Understanding Shares Outstanding
Basic · Diluted · FloatWhat Are Shares Outstanding? (Basic)
Cleveland-Cliffs Inc. (CLF) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Cleveland-Cliffs Inc. reports 492.2M basic shares outstanding (weighted average).
Basic vs. Diluted Shares Outstanding
Cleveland-Cliffs Inc.'s basic shares outstanding (492.2M) represents currently issued shares. Diluted shares outstanding (492.2M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.
Shares Outstanding vs. Float (Free Float)
Cleveland-Cliffs Inc.'s float is 564.5M (99.0% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.
ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.
FMP /income-statement · /shares-float · SEC EDGAR · USD
About shares outstanding & methodology
Cleveland-Cliffs Inc. (CLF) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.
Cleveland-Cliffs Inc. shares outstanding for the fiscal year ending December 31, 2025 were 492.2M, a 2.53% increase year-over-year. Cleveland-Cliffs Inc. FY 2025 shares outstanding were 492.2M, a +2.53% increase from FY 2024.
Cleveland-Cliffs Inc. is a leading company operating in the Basic Materials sector. The company's share count trajectory — with a 10-year CAGR of +12.4% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.
Frequently asked questions
CLF shares outstanding · 4 questionsAs of December 31, 2025, Cleveland-Cliffs Inc. (CLF) has approximately 492.2M basic shares outstanding and 492.2M diluted shares outstanding. This represents a +2.53% year-over-year increase from FY 2024 (480.0M). The increase may reflect equity compensation issuances or secondary offerings.
▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Cleveland-Cliffs Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08