Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Covestro AG's shares outstanding for the quarter that ended in Dec. 2025 was 189 Mil.
Covestro AG's quarterly shares outstanding
stayed the same
from Sep. 2025 (189 Mil) to Dec. 2025 (189 Mil).
Covestro AG's annual shares outstanding
stayed the same
from Dec. 2024 (189 Mil) to Dec. 2025 (189 Mil).
Covestro AG (LTS:0RBE) 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.
Covestro AG Shares Outstanding (EOP) Related Terms
Covestro AG Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Covestro 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.
LTS:0RBE vs LIN, SHW, ECL: Shares Outstanding (EOP) Comparison
For the Specialty Chemicals subindustry, Covestro 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.
Covestro AG Shares Outstanding (EOP) vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Covestro AG's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Covestro AG'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 189 Mil mean?
Covestro AG (LTS:0RBE) has a Shares Outstanding (EOP) of 189 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Covestro AG and its competitors.
Is Covestro AG's Shares Outstanding (EOP) too high?
Covestro AG's current Shares Outstanding (EOP) is 189 Mil. Overall, Covestro AG has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Shares Outstanding (EOP) compare to LIN and SHW?
Covestro AG's Shares Outstanding (EOP) of 189 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Shares Outstanding (EOP) depends on the Chemicals 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 Covestro AG and its competitors. Covestro AG's current Shares Outstanding (EOP) is 189 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Covestro AG (LTS:0RBE) has a current Shares Outstanding (EOP) of 189 Mil. The stock's GF Value™ is €50.43, compared to a current price of €59.83 — trading 18.6% above its estimated fair value. The current Shares Outstanding (EOP) is 189 Mil. Covestro AG's overall GF Score™ is 61/100 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 Covestro AG (LTS:0RBE), the current Shares Outstanding (EOP) is 189 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 Covestro AG (LTS:0RBE) Overvalued in 2026?
Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued.
The current stock price of €59.83 is trading 18.6% above its estimated GF Value™ of €50.43.
Key valuation signals for LTS:0RBE:
Shares Outstanding (EOP): 189 Mil
GF Value™: €50.43 vs. price of €59.83 (18.6% above fair value)
No single metric tells the full story. See the LTS:0RBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
61GF Score
Get the complete analysis for LTS:0RBE
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0RBE has been successfully added to your 
