Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Russel Metals's shares outstanding for the quarter that ended in Mar. 2026 was 55 Mil.
Russel Metals's quarterly shares outstanding
declined
from Dec. 2025 (55 Mil) to Mar. 2026 (55 Mil).
It means Russel Metalsbought back shares from Dec. 2025 to Mar. 2026 .
Russel Metals's annual shares outstanding
declined
from Dec. 2024 (57 Mil) to Dec. 2025 (55 Mil).
It means Russel Metalsbought back shares from Dec. 2024 to Dec. 2025 .
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.
Russel Metals Shares Outstanding (EOP) Related Terms
Russel Metals Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Russel Metals'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.
RUSMF vs GWW, FAST, FERG: Shares Outstanding (EOP) Comparison
For the Industrial Distribution subindustry, Russel Metals'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.
Russel Metals Shares Outstanding (EOP) vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Russel Metals'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 55 Mil mean?
Russel Metals (RUSMF) has a Shares Outstanding (EOP) of 55 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Russel Metals and its competitors.
Is Russel Metals' Shares Outstanding (EOP) too high?
Russel Metals' current Shares Outstanding (EOP) is 55 Mil. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' Shares Outstanding (EOP) compare to GWW and FAST?
Russel Metals' Shares Outstanding (EOP) of 55 Mil can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Shares Outstanding (EOP) depends on the Industrial Distribution 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 Russel Metals and its competitors. Russel Metals's current Shares Outstanding (EOP) is 55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (RUSMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.84, compared to a current price of $41.89 — trading 16.9% above its estimated fair value. The current Shares Outstanding (EOP) is 55 Mil. Russel Metals' overall GF Score™ is 79/100 with 8 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 Russel Metals (RUSMF), the current Shares Outstanding (EOP) is 55 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.
Is Russel Metals (RUSMF) Overvalued in 2026?
Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued.
The current stock price of $41.89 is trading 16.9% above its estimated GF Value™ of $35.84.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for RUSMF:
Shares Outstanding (EOP): 55 Mil
GF Value™: $35.84 vs. price of $41.89 (16.9% above fair value)
No single metric tells the full story. See the RUSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score
Get the complete analysis for RUSMF
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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