Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BAE Systems's shares outstanding for the quarter that ended in Dec. 2025 was 2,927 Mil.
BAE Systems's quarterly shares outstanding
declined
from Jun. 2025 (2,935 Mil) to Dec. 2025 (2,927 Mil).
It means BAE Systemsbought back shares from Jun. 2025 to Dec. 2025 .
BAE Systems's annual shares outstanding
declined
from Dec. 2024 (2,929 Mil) to Dec. 2025 (2,927 Mil).
It means BAE Systemsbought back shares from Dec. 2024 to Dec. 2025 .
BAE Systems (MEX:BA1N) 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.
BAE Systems Shares Outstanding (EOP) Related Terms
BAE Systems Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for BAE Systems'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.
MEX:BA1N vs GE, RTX, BA: Shares Outstanding (EOP) Comparison
For the Aerospace & Defense subindustry, BAE Systems'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.
BAE Systems Shares Outstanding (EOP) vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BAE Systems's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where BAE Systems'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 2,927 Mil mean?
BAE Systems (MEX:BA1N) has a Shares Outstanding (EOP) of 2,927 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on BAE Systems and its competitors.
Is BAE Systems' Shares Outstanding (EOP) too high?
BAE Systems' current Shares Outstanding (EOP) is 2,927 Mil. Overall, BAE Systems has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BAE Systems' Shares Outstanding (EOP) compare to GE and RTX?
BAE Systems' Shares Outstanding (EOP) of 2,927 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 BAE Systems and its competitors. BAE Systems's current Shares Outstanding (EOP) is 2,927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAE Systems stock overvalued right now?
Based on GuruFocus' analysis, BAE Systems (MEX:BA1N) is currently considered Fairly Valued. The stock's GF Value™ is MXN408.41, compared to a current price of MXN443.66 — trading 8.6% above its estimated fair value. The current Shares Outstanding (EOP) is 2,927 Mil. BAE Systems' overall GF Score™ is 79/100 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 BAE Systems (MEX:BA1N), the current Shares Outstanding (EOP) is 2,927 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 BAE Systems (MEX:BA1N) Overvalued in 2026?
Based on GuruFocus' analysis, BAE Systems stock appears to be overvalued.
The current stock price of MXN443.66 is trading 8.6% above its estimated GF Value™ of MXN408.41.
GuruFocus considers BAE Systems to be Fairly Valued.
Key valuation signals for MEX:BA1N:
Shares Outstanding (EOP): 2,927 Mil
GF Value™: MXN408.41 vs. price of MXN443.66 (8.6% above fair value)
No single metric tells the full story. See the MEX:BA1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BAE Systems is a British global defense, security, and aerospace company and the largest defense contractor in Europe; it is one of six prime contractors to the US Department of Defense. For reporting purposes, the company has five operating segments: electronics systems is the group's US- and UK-based electronic warfare systems; the cyber, security, and intelligence segment supplies intelligence and security solutions to the US government; platforms and services manufactures combat vehicles and munitions and performs ship repair services to the US Defense Department; the air segment includes BAE's share of US and European air programs as well as its businesses in Saudi Arabia and Australia, and the maritime segment comprises UK land- and marine-based activities.
79GF Score
Get the complete analysis for MEX:BA1N
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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