Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Heidelberg Materials AG's shares outstanding for the quarter that ended in Dec. 2025 was 882 Mil.
Heidelberg Materials AG's quarterly shares outstanding
declined
from Jun. 2025 (892 Mil) to Dec. 2025 (882 Mil).
It means Heidelberg Materials AGbought back shares from Jun. 2025 to Dec. 2025 .
Heidelberg Materials AG's annual shares outstanding
declined
from Dec. 2024 (892 Mil) to Dec. 2025 (882 Mil).
It means Heidelberg Materials AGbought back shares from Dec. 2024 to Dec. 2025 .
Heidelberg Materials AG (OTCPK:HDLMY) 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.
Heidelberg Materials AG Shares Outstanding (EOP) Related Terms
Heidelberg Materials AG Shares Outstanding (EOP) Historical Data
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The historical data trend for Heidelberg Materials AG'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.
Heidelberg Materials AG Shares Outstanding (EOP) Chart
HDLMY vs CRH, VMC, MLM: Shares Outstanding (EOP) Comparison
For the Building Materials subindustry, Heidelberg Materials AG'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.
Heidelberg Materials AG Shares Outstanding (EOP) vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Heidelberg Materials AG's Shares Outstanding (EOP) falls into.
Heidelberg Materials AG 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 882 Mil mean?
Heidelberg Materials AG (HDLMY) has a Shares Outstanding (EOP) of 882 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Heidelberg Materials AG and its competitors.
Is Heidelberg Materials AG's Shares Outstanding (EOP) too high?
Heidelberg Materials AG's current Shares Outstanding (EOP) is 882 Mil. Overall, Heidelberg Materials AG has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials AG's Shares Outstanding (EOP) compare to CRH and VMC?
Heidelberg Materials AG's Shares Outstanding (EOP) of 882 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Shares Outstanding (EOP) depends on the Building Materials 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 Heidelberg Materials AG and its competitors. Heidelberg Materials AG's current Shares Outstanding (EOP) is 882 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidelberg Materials AG stock overvalued right now?
Based on GuruFocus' analysis, Heidelberg Materials AG (HDLMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.17, compared to a current price of $41.87 — trading 73.2% above its estimated fair value. The current Shares Outstanding (EOP) is 882 Mil. Heidelberg Materials AG's overall GF Score™ is 78/100 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 Heidelberg Materials AG (HDLMY), the current Shares Outstanding (EOP) is 882 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 Heidelberg Materials AG (HDLMY) Overvalued in 2026?
Based on GuruFocus' analysis, Heidelberg Materials AG stock appears to be overvalued.
The current stock price of $41.87 is trading 73.2% above its estimated GF Value™ of $24.17.
GuruFocus considers Heidelberg Materials AG to be Significantly Overvalued.
Key valuation signals for HDLMY:
Shares Outstanding (EOP): 882 Mil
GF Value™: $24.17 vs. price of $41.87 (73.2% above fair value)
No single metric tells the full story. See the HDLMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. Europe is the company's largest market contributing nearly half of group sales. Heidelberg Materials is listed in Germany and has 55,000 employees.
78GF Score
Get the complete analysis for HDLMY
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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