FBDT (First Breach) Shares Outstanding (EOP): 45.09 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FBDT First Breach Inc FBDT
8 GF Score
Price $1.15
! 2 Warning Signs
View Full Analysis

What is First Breach Shares Outstanding (EOP)?

First Breach FBDT -19.93% 8 Shares Outstanding (EOP) is 45.09 Mil as of Mar. 2026. GuruFocus rates FBDT with a GF Score™ of 8/100. The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. First Breach's shares outstanding for the quarter that ended in Mar. 2026 was 45.09 Mil.

First Breach's quarterly shares outstanding stayed the same from Dec. 2025 (45.09 Mil) to Mar. 2026 (45.09 Mil).

First Breach's annual shares outstanding stayed the same from Dec. 2024 (45.09 Mil) to Dec. 2025 (45.09 Mil).


First Breach  (NAS:FBDT) 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.


First Breach Shares Outstanding (EOP) Related Terms


First Breach Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for First Breach'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.

First Breach Shares Outstanding (EOP) Chart

First Breach Annual Data
Trend Dec24 Dec25
Shares Outstanding (EOP)
45.09 45.09

First Breach Quarterly Data
Dec24 Mar25 Dec25 Mar26
Shares Outstanding (EOP) 45.09 45.09 45.09 45.09

FBDT vs : Shares Outstanding (EOP) Comparison

For the Aerospace & Defense subindustry, First Breach'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.


First Breach Shares Outstanding (EOP) vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, First Breach's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where First Breach's Shares Outstanding (EOP) falls into.


FBDT
8GF Score
First Breach Inc FBDT
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Breach 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.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 45.09 Mil mean?
First Breach (FBDT) has a Shares Outstanding (EOP) of 45.09 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on First Breach and its competitors.
Is First Breach's Shares Outstanding (EOP) too high?
First Breach's current Shares Outstanding (EOP) is 45.09 Mil. Overall, First Breach has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does First Breach's Shares Outstanding (EOP) compare to ?
First Breach's Shares Outstanding (EOP) of 45.09 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 First Breach and its competitors. First Breach's current Shares Outstanding (EOP) is 45.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Breach stock overvalued right now?
First Breach (FBDT) has a current Shares Outstanding (EOP) of 45.09 Mil. The current Shares Outstanding (EOP) is 45.09 Mil. First Breach's overall GF Score™ is 8/100 with 2 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 First Breach (FBDT), the current Shares Outstanding (EOP) is 45.09 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.

First Breach Business Description

Comparable Companies
Address 18450 Showalter Road, Hagerstown, MD, USA, 21742
First Breach Inc operates as an integrated manufacturer of ammunition and ammunition components, serving commercial, law enforcement, and military markets. Its operations include lead smelting, brass cup and casing manufacturing, and final product assembly. The company sources raw materials from suppliers in multiple countries and distributes its products through distributors, with smaller quantities sold directly to consumers and small businesses. Its core product lines include centerfire cartridges, bullets, casings, and cups, for pistol and rifle. The company derives its revenue from the production and sale of ammunition, which includes shipping income.
8GF Score

Get the complete analysis for FBDT

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.15
Price