Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. FAT Brands's shares outstanding for the quarter that ended in Sep. 2025 was 17.9 Mil.
FAT Brands's quarterly shares outstanding
stayed the same
from Jun. 2025 (17.9 Mil) to Sep. 2025 (17.9 Mil).
FAT Brands's annual shares outstanding
increased
from Dec. 2023 (16.9 Mil) to Dec. 2024 (17.3 Mil).
It means FAT Brandsissued new shares from Dec. 2023 to Dec. 2024 .
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.
FAT Brands Shares Outstanding (EOP) Related Terms
FAT Brands Shares Outstanding (EOP) Historical Data
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The historical data trend for FAT Brands'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.
FABTQ vs KITL, MCD, SBUX: Shares Outstanding (EOP) Comparison
For the Restaurants subindustry, FAT Brands'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.
FAT Brands Shares Outstanding (EOP) vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, FAT Brands's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where FAT Brands'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 17.9 Mil mean?
FAT Brands (FABTQ) has a Shares Outstanding (EOP) of 17.9 Mil as of Sep. 2025. The total shares a company has outstanding, at period-end. View historical data on FAT Brands and its competitors.
Is FAT Brands' Shares Outstanding (EOP) too high?
FAT Brands' current Shares Outstanding (EOP) is 17.9 Mil. Overall, FAT Brands has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FAT Brands' Shares Outstanding (EOP) compare to KITL and MCD?
FAT Brands' Shares Outstanding (EOP) of 17.9 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Shares Outstanding (EOP) depends on the Restaurants 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 FAT Brands and its competitors. FAT Brands's current Shares Outstanding (EOP) is 17.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FAT Brands stock overvalued right now?
Based on GuruFocus' analysis, FAT Brands (FABTQ) is currently considered Possible Value Trap. The stock's GF Value™ is $35.83, compared to a current price of $0.16 — trading 99.6% below its estimated fair value. The current Shares Outstanding (EOP) is 17.9 Mil. FAT Brands' overall GF Score™ is 49/100 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 FAT Brands (FABTQ), the current Shares Outstanding (EOP) is 17.9 Mil as of Sep. 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 FAT Brands (FABTQ) Overvalued in 2026?
Based on GuruFocus' analysis, FAT Brands stock appears to be undervalued.
The current stock price of $0.16 is trading 99.6% below its estimated GF Value™ of $35.83.
GuruFocus considers FAT Brands to be Possible Value Trap.
Key valuation signals for FABTQ:
Shares Outstanding (EOP): 17.9 Mil
GF Value™: $35.83 vs. price of $0.16 (99.6% below fair value)
No single metric tells the full story. See the FABTQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FAT Brands Inc is a multi-brand restaurant franchising company. It develops, markets, acquires, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts around the world. The company operates as a franchisor of restaurants, where the company generally does not own or operate the restaurant locations but rather generates revenue by charging franchisees an initial franchise fee as well as ongoing royalties. For some of the company's brands, it also directly owns and operates restaurant locations. Its brands include Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Elevation Burger among others. Geographically, the majority of the revenue for the company is generated from the United States.
49GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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