How to use this calculator
- Enter total outstanding shares, restricted or strategic shares, share price.
- Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
- Read the result with the assumptions below. Export details or save a second scenario to compare your choices.
Formula and method
Free float=outstanding−restricted shares; float market cap=float×price.
Assumptions and limitations
Index-provider definitions differ; treasury shares and overlapping restrictions must not be double-counted.
Worked example
With total outstanding shares = 1000000, restricted or strategic shares = 300000, share price = 10, free-float shares is approximately 700000.
What the result means
Estimate tradable share supply under your chosen free-float definition.
Common questions
How should I interpret free-float shares?
Estimate tradable share supply under your chosen free-float definition.
What should I check before using this result?
Index-provider definitions differ; treasury shares and overlapping restrictions must not be double-counted.
Methodology and transparency
Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.