American Eagle Outfitters (FRA:AFG) Shares Outstanding (EOP): 168 Mil (As of Apr. 2026)


FRA:AFG American Eagle Outfitters Inc FRA:AFG
80 GF Score
Price €15.60
GF Value €18.64
Valuation Modestly Undervalued
! 1 Warning Sign
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What is American Eagle Outfitters Shares Outstanding (EOP)?

American Eagle Outfitters FRA:AFG -1.67% 80 Shares Outstanding (EOP) is 168 Mil as of Apr. 2026. GuruFocus rates FRA:AFG with a GF Score™ of 80/100 and a GF Value™ of €18.64 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. American Eagle Outfitters's shares outstanding for the quarter that ended in Apr. 2026 was 168 Mil.

American Eagle Outfitters's quarterly shares outstanding declined from Jan. 2026 (169 Mil) to Apr. 2026 (168 Mil). It means American Eagle Outfitters bought back shares from Jan. 2026 to Apr. 2026 .

American Eagle Outfitters's annual shares outstanding declined from Jan. 2025 (189 Mil) to Jan. 2026 (169 Mil). It means American Eagle Outfitters bought back shares from Jan. 2025 to Jan. 2026 .


American Eagle Outfitters  (FRA:AFG) 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.


American Eagle Outfitters Shares Outstanding (EOP) Related Terms


American Eagle Outfitters Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for American Eagle Outfitters'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.

American Eagle Outfitters Shares Outstanding (EOP) Chart

American Eagle Outfitters Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.70 195.06 196.94 188.62 168.96

American Eagle Outfitters Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173.27 169.34 169.51 168.96 167.52

FRA:AFG vs BKE, ANF, CRI: Shares Outstanding (EOP) Comparison

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters Shares Outstanding (EOP) vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, American Eagle Outfitters's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where American Eagle Outfitters's Shares Outstanding (EOP) falls into.


FRA:AFG
80GF Score
American Eagle Outfitters Inc FRA:AFG
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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American Eagle Outfitters 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 168 Mil mean?
American Eagle Outfitters (FRA:AFG) has a Shares Outstanding (EOP) of 168 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on American Eagle Outfitters and its competitors.
Is American Eagle Outfitters' Shares Outstanding (EOP) too high?
American Eagle Outfitters' current Shares Outstanding (EOP) is 168 Mil. Overall, American Eagle Outfitters has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Eagle Outfitters' Shares Outstanding (EOP) compare to BKE and ANF?
American Eagle Outfitters' Shares Outstanding (EOP) of 168 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Shares Outstanding (EOP) depends on the Retail - Cyclical 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 American Eagle Outfitters and its competitors. American Eagle Outfitters's current Shares Outstanding (EOP) is 168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Eagle Outfitters stock overvalued right now?
Based on GuruFocus' analysis, American Eagle Outfitters (FRA:AFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.64, compared to a current price of €15.60 — trading 16.3% below its estimated fair value. The current Shares Outstanding (EOP) is 168 Mil. American Eagle Outfitters' overall GF Score™ is 80/100 with 1 warning sign 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 American Eagle Outfitters (FRA:AFG), the current Shares Outstanding (EOP) is 168 Mil as of Apr. 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 American Eagle Outfitters (FRA:AFG) Overvalued in 2026?

Based on GuruFocus' analysis, American Eagle Outfitters stock appears to be undervalued. The current stock price of €15.60 is trading 16.3% below its estimated GF Value™ of €18.64. GuruFocus considers American Eagle Outfitters to be Modestly Undervalued.

Key valuation signals for FRA:AFG:

  • Shares Outstanding (EOP): 168 Mil
  • GF Value™: €18.64 vs. price of €15.60 (16.3% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the FRA:AFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Eagle Outfitters Business Description

Address 77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the majority of its revenue from the United States.
80GF Score

Get the complete analysis for FRA:AFG

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

€15.60
Price
€18.64
GF Value