Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Huntington Ingalls Industries's average basic shares outstanding for the quarter that ended in Mar. 2026 was 2,987 Mil.
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.
Huntington Ingalls Industries Shares Outstanding (Basic Average) Related Terms
Huntington Ingalls Industries Shares Outstanding (Basic Average) Historical Data
* 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.
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 2,987 Mil mean?
Huntington Ingalls Industries (BSP:H1II34) has a Shares Outstanding (Basic Average) of 2,987 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Huntington Ingalls Industries and its competitors.
Is Huntington Ingalls Industries' Shares Outstanding (Basic Average) too high?
Huntington Ingalls Industries' current Shares Outstanding (Basic Average) is 2,987 Mil. Overall, Huntington Ingalls Industries has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huntington Ingalls Industries' Shares Outstanding (Basic Average) compare to KTOS and MOG.A?
Huntington Ingalls Industries' Shares Outstanding (Basic Average) of 2,987 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 (Basic Average) for an Aerospace & Defense company?
A good Shares Outstanding (Basic Average) depends on the Aerospace & Defense 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 Huntington Ingalls Industries and its competitors. Huntington Ingalls Industries's current Shares Outstanding (Basic Average) is 2,987 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huntington Ingalls Industries stock overvalued right now?
Based on GuruFocus' analysis, Huntington Ingalls Industries (BSP:H1II34) is currently considered Fairly Valued. The stock's GF Value™ is R$19.49, compared to a current price of R$19.20 — trading 1.5% below its estimated fair value. The current Shares Outstanding (Basic Average) is 2,987 Mil. Huntington Ingalls Industries' overall GF Score™ is 80/100 with 6 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 Huntington Ingalls Industries (BSP:H1II34), the current Shares Outstanding (Basic Average) is 2,987 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 Huntington Ingalls Industries (BSP:H1II34) Overvalued in 2026?
Based on GuruFocus' analysis, Huntington Ingalls Industries stock appears to be undervalued.
The current stock price of R$19.20 is trading 1.5% below its estimated GF Value™ of R$19.49.
GuruFocus considers Huntington Ingalls Industries to be Fairly Valued.
Key valuation signals for BSP:H1II34:
Shares Outstanding (Basic Average): 2,987 Mil
GF Value™: R$19.49 vs. price of R$19.20 (1.5% below fair value)
No single metric tells the full story. See the BSP:H1II34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Huntington Ingalls Industries Business Description
Huntington Ingalls Industries is the largest independent military shipbuilder in the US, spun out from Northrop Grumman in 2011. It operates three segments, two of which are storied shipyards: Ingalls produces non-nuclear-powered ships, including amphibious landing ships and Arleigh Burke-class destroyers, while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia- and Columbia-class nuclear submarines. HII shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's mission technologies segment produces uncrewed sea vessels and provides a range of IT and other services to US government agencies.
80GF Score
Get the complete analysis for BSP:H1II34
Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:H1II34 has been successfully added to your 
