Skip to main content

Public float

The market value of a company's common stock held by people other than its affiliates, such as officers, directors and large owners.

SEC rules use it to sort companies into filer categories, measured as of the last business day of the company's second fiscal quarter. Source 1 Source 2

Related terms

Where it comes up

Sources

  1. Code of Federal Regulations (eCFR): 17 CFR 240.12b-2: Definitions (material, public float) (opens in a new tab)
  2. SEC: Accelerated Filer and Large Accelerated Filer Definitions: small entity compliance guide (opens in a new tab)

All glossary terms