Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Austal's shares outstanding for the quarter that ended in Dec. 2025 was 422 Mil.
Austal's quarterly shares outstanding
increased
from Jun. 2025 (421 Mil) to Dec. 2025 (422 Mil).
It means Austalissued new shares from Jun. 2025 to Dec. 2025 .
Austal's annual shares outstanding
increased
from Jun. 2024 (361 Mil) to Jun. 2025 (421 Mil).
It means Austalissued new shares from Jun. 2024 to Jun. 2025 .
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.
Austal Shares Outstanding (EOP) Related Terms
Austal Shares Outstanding (EOP) Historical Data
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The historical data trend for Austal'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.
ASX:ASB vs GE, RTX, BA: Shares Outstanding (EOP) Comparison
For the Aerospace & Defense subindustry, Austal'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.
Austal Shares Outstanding (EOP) vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Austal's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Austal's Shares Outstanding (EOP) falls into.
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 422 Mil mean?
Austal (ASX:ASB) has a Shares Outstanding (EOP) of 422 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Austal and its competitors.
Is Austal's Shares Outstanding (EOP) too high?
Austal's current Shares Outstanding (EOP) is 422 Mil. Overall, Austal has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austal's Shares Outstanding (EOP) compare to GE and RTX?
Austal's Shares Outstanding (EOP) of 422 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Shares Outstanding (EOP) depends on the Aerospace & Defense 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 Austal and its competitors. Austal's current Shares Outstanding (EOP) is 422 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austal stock overvalued right now?
Based on GuruFocus' analysis, Austal (ASX:ASB) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.10, compared to a current price of A$4.11 — trading 32.6% above its estimated fair value. The current Shares Outstanding (EOP) is 422 Mil. Austal's overall GF Score™ is 73/100 with 4 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 Austal (ASX:ASB), the current Shares Outstanding (EOP) is 422 Mil as of Dec. 2025. 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 Austal (ASX:ASB) Overvalued in 2026?
Based on GuruFocus' analysis, Austal stock appears to be overvalued.
The current stock price of A$4.11 is trading 32.6% above its estimated GF Value™ of A$3.10.
GuruFocus considers Austal to be Significantly Overvalued.
Key valuation signals for ASX:ASB:
Shares Outstanding (EOP): 422 Mil
GF Value™: A$3.10 vs. price of A$4.11 (32.6% above fair value)
No single metric tells the full story. See the ASX:ASB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.
73GF Score
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