Companies: 10,795·Total market cap: $144.5T
Telefónica, S.A.

Telefónica, S.A.

TEFNYSECommunication Services
$3.81
$-0.04(-0.91%)
Market Cap$21.5B
P/E Ratio—
52W High$5.72
52W Low$3.67
Shares OutstandingFinancialsRevenue

Telefónica, S.A. (TEF) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

TEF · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
5.634B▲ +27.70% YoY Change
FY · as of Dec 31, 2024 · Reported in EUR
vs 4.412B in FY 2023
Diluted Shares Outstanding
5.634B
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+27.70%
year-over-year
Float (Free Float)
5.638B
publicly tradable shares
100.0% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-0.5%
2021 → 2024
5-Year CAGRincreasing
+1.9%
2019 → 2024
10-Year CAGRincreasing
+2.0%
2014 → 2024
ⓘ

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2024Latest
Diluted Shares: 5.634B
5.634B
+27.70%
FY 2023
Diluted Shares: 5.716B
4.412B
-23.14%
FY 2022
Diluted Shares: 5.740B
5.740B
+0.23%
FY 2021
Diluted Shares: 5.727B
5.727B
-1.48%
FY 2020
Diluted Shares: 5.820B
5.813B
+13.56%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Communication Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Communication Services sector.

#SymbolCompanyShares (Basic)vs TEF
#1
Alphabet Inc.GOOGL
Alphabet Inc.
12.116B+115.1%
#2
Alphabet Inc.GOOG
Alphabet Inc.
12.116B+115.1%
#3
Telefónica, S.A.TEF
Telefónica, S.A.YOU
5.634B—
#4
Netflix, Inc.NFLX
Netflix, Inc.
4.229B-24.9%
#5
Verizon Communications Inc.VZ
Verizon Communications Inc.
4.226B-25.0%
#6
Meta Platforms, Inc.META
Meta Platforms, Inc.
2.521B-55.3%
#7
T-Mobile US, Inc.TMUS
T-Mobile US, Inc.
1.128B-80.0%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Telefónica, S.A. (TEF) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2024, Telefónica, S.A. reports 5.634B basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Telefónica, S.A.'s basic shares outstanding (5.634B) represents currently issued shares. Diluted shares outstanding (5.634B) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Telefónica, S.A.'s float is 5.638B (100.0% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float5.638B(100.0%)
Outstanding5.641B

ⓘ 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 · EUR

About shares outstanding & methodology

Telefónica, S.A. (TEF) shares outstanding history from 2005 to 2024. 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.

Telefónica, S.A. shares outstanding for the fiscal year ending December 31, 2024 were 5.634B, a 27.70% increase year-over-year. Telefónica, S.A. FY 2024 shares outstanding were 5.634B, a +27.70% increase from FY 2023.

Telefónica, S.A. is a leading company operating in the Communication Services sector. The company's share count trajectory — with a 10-year CAGR of +2.0% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.
Market capSplitsEarningsFinancials (Income)Cash on handFree cash flowNet incomePrice history

Frequently asked questions

TEF shares outstanding · 4 questions

As of December 31, 2024, Telefónica, S.A. (TEF) has approximately 5.634B basic shares outstanding and 5.634B diluted shares outstanding. This represents a +27.70% year-over-year increase from FY 2023 (4.412B). The increase may reflect equity compensation issuances or secondary offerings.

TEF shares outstandinghow many shares does TEF haveTEF basic shares 2024TEF diluted shares

▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Telefónica, S.A. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08