Gol Linhas Aereas Inteligentes (BSP:GOLL54) Shares Outstanding (Basic Average): 1,203 Mil (As of Sep. 2025)


BSP:GOLL54 Gol Linhas Aereas Inteligentes SA BSP:GOLL54
36 GF Score
Price R$9.75
GF Value R$43.98
! 5 Warning Signs
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What is Gol Linhas Aereas Inteligentes Shares Outstanding (Basic Average)?

Gol Linhas Aereas Inteligentes BSP:GOLL54 36 Shares Outstanding (Basic Average) is 1,203 Mil as of Sep. 2025. GuruFocus rates BSP:GOLL54 with a GF Score™ of 36/100 and a GF Value™ of R$43.98. The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Gol Linhas Aereas Inteligentes's average basic shares outstanding for the quarter that ended in Sep. 2025 was 1,203 Mil.


Gol Linhas Aereas Inteligentes  (BSP:GOLL54) Shares Outstanding (Basic Average) 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.


Be Aware

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.


Gol Linhas Aereas Inteligentes Shares Outstanding (Basic Average) Related Terms


Gol Linhas Aereas Inteligentes Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Gol Linhas Aereas Inteligentes's Shares Outstanding (Basic Average) 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.

Gol Linhas Aereas Inteligentes Shares Outstanding (Basic Average) Chart

Gol Linhas Aereas Inteligentes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46,402.57 11,837.99 11,922.02 54,600.14 54,831.64

Gol Linhas Aereas Inteligentes Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25
Shares Outstanding (Basic Average) 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 1,203.35 1,566.62 11,932.82 1,203.35 1,203.35
BSP:GOLL54
36GF Score
Gol Linhas Aereas Inteligentes SA BSP:GOLL54
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Gol Linhas Aereas Inteligentes Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 1,203 Mil mean?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a Shares Outstanding (Basic Average) of 1,203 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gol Linhas Aereas Inteligentes and its competitors.
Is Gol Linhas Aereas Inteligentes' Shares Outstanding (Basic Average) too high?
Gol Linhas Aereas Inteligentes' current Shares Outstanding (Basic Average) is 1,203 Mil. Overall, Gol Linhas Aereas Inteligentes has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gol Linhas Aereas Inteligentes' Shares Outstanding (Basic Average) compare to DAL and UAL?
Gol Linhas Aereas Inteligentes' Shares Outstanding (Basic Average) of 1,203 Mil can be compared against companies in the Transportation 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 (Basic Average) for a Transportation company?
A good Shares Outstanding (Basic Average) depends on the Transportation industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Gol Linhas Aereas Inteligentes and its competitors. Gol Linhas Aereas Inteligentes's current Shares Outstanding (Basic Average) is 1,203 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gol Linhas Aereas Inteligentes stock overvalued right now?
Gol Linhas Aereas Inteligentes (BSP:GOLL54) has a current Shares Outstanding (Basic Average) of 1,203 Mil. The stock's GF Value™ is R$43.98, compared to a current price of R$9.75 — trading 77.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 1,203 Mil. Gol Linhas Aereas Inteligentes' overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Gol Linhas Aereas Inteligentes (BSP:GOLL54), the current Shares Outstanding (Basic Average) is 1,203 Mil as of Sep. 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 Gol Linhas Aereas Inteligentes (BSP:GOLL54) Overvalued in 2026?

Based on GuruFocus' analysis, Gol Linhas Aereas Inteligentes stock appears to be undervalued. The current stock price of R$9.75 is trading 77.8% below its estimated GF Value™ of R$43.98.

Key valuation signals for BSP:GOLL54:

  • Shares Outstanding (Basic Average): 1,203 Mil
  • GF Value™: R$43.98 vs. price of R$9.75 (77.8% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the BSP:GOLL54 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gol Linhas Aereas Inteligentes Business Description

Address Portaria 3, Predio 24, Praca Comandante Linneu Gomes, Jardim Aeroporto, Sao Paulo, SP, BRA, 04630-000
Gol Linhas Aereas Inteligentes SA is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operates both domestic and international flights from which the majority of revenues come in from domestic operations.
36GF Score

Get the complete analysis for BSP:GOLL54

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

R$9.75
Price
R$43.98
GF Value