THLLY (Thales) Shares Outstanding (EOP): 1,027 Mil (As of Dec. 2025)


THLLY Thales THLLY
90 GF Score
Price $50.92
GF Value $42.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Thales Shares Outstanding (EOP)?

Thales THLLY -1.96% 90 Shares Outstanding (EOP) is 1,027 Mil as of Dec. 2025. GuruFocus rates THLLY with a GF Score™ of 90/100 and a GF Value™ of $42.08 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Thales's shares outstanding for the quarter that ended in Dec. 2025 was 1,027 Mil.

Thales's quarterly shares outstanding increased from Jun. 2025 (1,027 Mil) to Dec. 2025 (1,027 Mil). It means Thales issued new shares from Jun. 2025 to Dec. 2025 .

Thales's annual shares outstanding increased from Dec. 2024 (1,027 Mil) to Dec. 2025 (1,027 Mil). It means Thales issued new shares from Dec. 2024 to Dec. 2025 .


Thales  (OTCPK:THLLY) 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.


Thales Shares Outstanding (EOP) Related Terms


Thales Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Thales'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.

Thales Shares Outstanding (EOP) Chart

Thales Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,064.59 1,050.67 1,033.34 1,026.57 1,027.39

Thales Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1,033.34 1,026.90 1,026.57 1,026.87 1,027.39

THLLY vs GE, RTX, BA: Shares Outstanding (EOP) Comparison

For the Aerospace & Defense subindustry, Thales'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.


Thales Shares Outstanding (EOP) vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Thales's Shares Outstanding (EOP) distribution charts can be found below:

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


THLLY
90GF Score
Thales THLLY
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Thales 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 1,027 Mil mean?
Thales (THLLY) has a Shares Outstanding (EOP) of 1,027 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Thales and its competitors.
Is Thales' Shares Outstanding (EOP) too high?
Thales' current Shares Outstanding (EOP) is 1,027 Mil. Overall, Thales has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' Shares Outstanding (EOP) compare to GE and RTX?
Thales' Shares Outstanding (EOP) of 1,027 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 Thales and its competitors. Thales's current Shares Outstanding (EOP) is 1,027 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thales stock overvalued right now?
Based on GuruFocus' analysis, Thales (THLLY) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.08, compared to a current price of $50.92 — trading 21% above its estimated fair value. The current Shares Outstanding (EOP) is 1,027 Mil. Thales' overall GF Score™ is 90/100 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 Thales (THLLY), the current Shares Outstanding (EOP) is 1,027 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 Thales (THLLY) Overvalued in 2026?

Based on GuruFocus' analysis, Thales stock appears to be overvalued. The current stock price of $50.92 is trading 21% above its estimated GF Value™ of $42.08. GuruFocus considers Thales to be Modestly Overvalued.

Key valuation signals for THLLY:

  • Shares Outstanding (EOP): 1,027 Mil
  • GF Value™: $42.08 vs. price of $50.92 (21% above fair value)
  • GF Score™: 90/100 with 2 warning signs

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


Thales Business Description

Address 4, rue de la Verrerie, Meudon, FRA, 92190
Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.
90GF Score

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

$50.92
Price
$42.08
GF Value