Winnebago Industries (FRA:WI1) Shares Outstanding (Basic Average): 28 Mil (As of Feb. 2026)


FRA:WI1 Winnebago Industries Inc FRA:WI1
73 GF Score
Price €24.80
GF Value €45.72
! 5 Warning Signs
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What is Winnebago Industries Shares Outstanding (Basic Average)?

Winnebago Industries FRA:WI1 +1.64% 73 Shares Outstanding (Basic Average) is 28 Mil as of Feb. 2026. GuruFocus rates FRA:WI1 with a GF Score™ of 73/100 and a GF Value™ of €45.72. 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. Winnebago Industries's average basic shares outstanding for the quarter that ended in Feb. 2026 was 28 Mil.


Winnebago Industries  (FRA:WI1) 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.


Winnebago Industries Shares Outstanding (Basic Average) Related Terms


Winnebago Industries Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Winnebago Industries'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.

Winnebago Industries Shares Outstanding (Basic Average) Chart

Winnebago Industries Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.50 32.50 30.30 29.20 28.20

Winnebago Industries Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 28.10 28.00 27.90 28.20 28.20
FRA:WI1
73GF Score
Winnebago Industries Inc FRA:WI1
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Winnebago Industries 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 28 Mil mean?
Winnebago Industries (FRA:WI1) has a Shares Outstanding (Basic Average) of 28 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Winnebago Industries and its competitors.
Is Winnebago Industries' Shares Outstanding (Basic Average) too high?
Winnebago Industries' current Shares Outstanding (Basic Average) is 28 Mil. Overall, Winnebago Industries has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Winnebago Industries' Shares Outstanding (Basic Average) compare to MCFT and MBUU?
Winnebago Industries' Shares Outstanding (Basic Average) of 28 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Shares Outstanding (Basic Average) depends on the Vehicles & Parts 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 Winnebago Industries and its competitors. Winnebago Industries's current Shares Outstanding (Basic Average) is 28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winnebago Industries stock overvalued right now?
Winnebago Industries (FRA:WI1) has a current Shares Outstanding (Basic Average) of 28 Mil. The stock's GF Value™ is €45.72, compared to a current price of €24.80 — trading 45.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 28 Mil. Winnebago Industries' overall GF Score™ is 73/100 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 Winnebago Industries (FRA:WI1), the current Shares Outstanding (Basic Average) is 28 Mil as of Feb. 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 Winnebago Industries (FRA:WI1) Overvalued in 2026?

Based on GuruFocus' analysis, Winnebago Industries stock appears to be undervalued. The current stock price of €24.80 is trading 45.8% below its estimated GF Value™ of €45.72.

Key valuation signals for FRA:WI1:

  • Shares Outstanding (Basic Average): 28 Mil
  • GF Value™: €45.72 vs. price of €24.80 (45.8% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the FRA:WI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winnebago Industries Business Description

Other Exchanges WGO:USA
Address 13200 Pioneer Trail, Eden Prairie, MN, USA, 55347
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was $2.8 billion in fiscal 2025. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 84% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total fiscal 2025 RV unit volume was 36,911. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
73GF Score

Get the complete analysis for FRA:WI1

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

€24.80
Price
€45.72
GF Value