Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Air France-KLM's shares outstanding for the quarter that ended in Mar. 2026 was 263 Mil.
Air France-KLM's quarterly shares outstanding
declined
from Dec. 2025 (263 Mil) to Mar. 2026 (263 Mil).
It means Air France-KLMbought back shares from Dec. 2025 to Mar. 2026 .
Air France-KLM's annual shares outstanding
declined
from Dec. 2024 (263 Mil) to Dec. 2025 (263 Mil).
It means Air France-KLMbought back shares from Dec. 2024 to Dec. 2025 .
Air France-KLM (OTCPK:AFRAF) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Air France-KLM Shares Outstanding (EOP) Related Terms
Air France-KLM Shares Outstanding (EOP) Historical Data
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The historical data trend for Air France-KLM's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AFRAF vs DAL, UAL, LUV: Shares Outstanding (EOP) Comparison
For the Airlines subindustry, Air France-KLM's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Air France-KLM Shares Outstanding (EOP) vs Transportation Industry
For the Transportation industry and Industrials sector, Air France-KLM's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Air France-KLM's Shares Outstanding (EOP) falls into.
Air France-KLM Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 263 Mil mean?
Air France-KLM (AFRAF) has a Shares Outstanding (EOP) of 263 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Air France-KLM and its competitors.
Is Air France-KLM's Shares Outstanding (EOP) too high?
Air France-KLM's current Shares Outstanding (EOP) is 263 Mil. Overall, Air France-KLM has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Shares Outstanding (EOP) compare to DAL and UAL?
Air France-KLM's Shares Outstanding (EOP) of 263 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Air France-KLM and its competitors. Air France-KLM's current Shares Outstanding (EOP) is 263 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Based on GuruFocus' analysis, Air France-KLM (AFRAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.79, compared to a current price of $13.38 — trading 24% above its estimated fair value. The current Shares Outstanding (EOP) is 263 Mil. Air France-KLM's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Air France-KLM (AFRAF), the current Shares Outstanding (EOP) is 263 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air France-KLM (AFRAF) Overvalued in 2026?
Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued.
The current stock price of $13.38 is trading 24% above its estimated GF Value™ of $10.79.
GuruFocus considers Air France-KLM to be Modestly Overvalued.
Key valuation signals for AFRAF:
Shares Outstanding (EOP): 263 Mil
GF Value™: $10.79 vs. price of $13.38 (24% above fair value)
No single metric tells the full story. See the AFRAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
68GF Score
Get the complete analysis for AFRAF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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