LCLN (Lincoln International) Shares Outstanding (Basic Average): 33.4 Mil (As of Dec. 2025)


LCLN Lincoln International Inc LCLN
21 GF Score
Price $21.56
! 4 Warning Signs
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What is Lincoln International Shares Outstanding (Basic Average)?

Lincoln International LCLN -0.51% 21 Shares Outstanding (Basic Average) is 33.4 Mil as of Dec. 2025. GuruFocus rates LCLN with a GF Score™ of 21/100. The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Lincoln International's average basic shares outstanding for the quarter that ended in Dec. 2025 was 33.4 Mil.

Lincoln International  (NYSE:LCLN) 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.

Lincoln International Shares Outstanding (Basic Average) Related Terms

Lincoln International Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Lincoln International'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.

Lincoln International Shares Outstanding (Basic Average) Chart

Lincoln International Annual Data
Trend Dec20 Dec21 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
33.32 33.32 33.32 33.32 33.37

Lincoln International Semi-Annual Data
Dec20 Dec21 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average) 33.32 33.32 33.32 33.32 33.37
LCLN
21GF Score
Lincoln International Inc LCLN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln International 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 33.4 Mil mean?
Lincoln International (LCLN) has a Shares Outstanding (Basic Average) of 33.4 Mil as of Dec. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Lincoln International and its competitors.
Is Lincoln International's Shares Outstanding (Basic Average) too high?
Lincoln International's current Shares Outstanding (Basic Average) is 33.4 Mil. Overall, Lincoln International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Lincoln International's Shares Outstanding (Basic Average) compare to TIGR and ABTC?
Lincoln International's Shares Outstanding (Basic Average) of 33.4 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Shares Outstanding (Basic Average) depends on the Capital Markets 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 Lincoln International and its competitors. Lincoln International's current Shares Outstanding (Basic Average) is 33.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln International stock overvalued right now?
Lincoln International (LCLN) has a current Shares Outstanding (Basic Average) of 33.4 Mil. The current Shares Outstanding (Basic Average) is 33.4 Mil. Lincoln International's overall GF Score™ is 21/100 with 4 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 Lincoln International (LCLN), the current Shares Outstanding (Basic Average) is 33.4 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.

Lincoln International Business Description

Address 110 North Wacker Drive, 51st Floor, Chicago, IL, USA, 60606
Lincoln International Inc is an independent investment banking advisory company focused on private capital markets. The company operates its business through its two operating segments: Investment Banking Advisory and Valuations and Opinions. The Investment Banking Advisory segment offers a range of services related to mergers and acquisitions, with key areas of focus including sell-side advisory, buy-side advisory, asset sales and divestitures, restructuring, primary and secondary capital raising, and merger-related engagements. The Valuations and Opinions segment provides valuation services to investment funds and financial institutions. The majority of revenue is derived from the Investment Banking Advisory segment. Geographically, the maximum revenue is derived from the Americas.
21GF Score

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

$21.56
Price