Fortune Brands Innovations (LTS:0IRN) Shares Outstanding (Basic Average): 120 Mil (As of Mar. 2026)


LTS:0IRN Fortune Brands Innovations Inc LTS:0IRN
69 GF Score
Price $43.93
GF Value $65.77
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Fortune Brands Innovations Shares Outstanding (Basic Average)?

Fortune Brands Innovations LTS:0IRN +6.03% 69 Shares Outstanding (Basic Average) is 120 Mil as of Mar. 2026. GuruFocus rates LTS:0IRN with a GF Score™ of 69/100 and a GF Value™ of $65.77 (Significantly Undervalued). 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. Fortune Brands Innovations's average basic shares outstanding for the quarter that ended in Mar. 2026 was 120 Mil.


Fortune Brands Innovations  (LTS:0IRN) 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.


Fortune Brands Innovations Shares Outstanding (Basic Average) Related Terms


Fortune Brands Innovations Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Shares Outstanding (Basic Average) Chart

Fortune Brands Innovations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.50 130.30 126.90 124.80 120.70

Fortune Brands Innovations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 122.20 120.30 120.10 120.10 119.80
LTS:0IRN
69GF Score
Fortune Brands Innovations Inc LTS:0IRN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Brands Innovations 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 120 Mil mean?
Fortune Brands Innovations (LTS:0IRN) has a Shares Outstanding (Basic Average) of 120 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Fortune Brands Innovations and its competitors.
Is Fortune Brands Innovations' Shares Outstanding (Basic Average) too high?
Fortune Brands Innovations' current Shares Outstanding (Basic Average) is 120 Mil. Overall, Fortune Brands Innovations has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortune Brands Innovations' Shares Outstanding (Basic Average) compare to TREX and GFF?
Fortune Brands Innovations' Shares Outstanding (Basic Average) of 120 Mil can be compared against companies in the Construction 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 Construction company?
A good Shares Outstanding (Basic Average) depends on the Construction 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 Fortune Brands Innovations and its competitors. Fortune Brands Innovations's current Shares Outstanding (Basic Average) is 120 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Brands Innovations stock overvalued right now?
Based on GuruFocus' analysis, Fortune Brands Innovations (LTS:0IRN) is currently considered Significantly Undervalued. The stock's GF Value™ is $65.77, compared to a current price of $43.93 — trading 33.2% below its estimated fair value. The current Shares Outstanding (Basic Average) is 120 Mil. Fortune Brands Innovations' overall GF Score™ is 69/100 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 Fortune Brands Innovations (LTS:0IRN), the current Shares Outstanding (Basic Average) is 120 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 Fortune Brands Innovations (LTS:0IRN) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Brands Innovations stock appears to be undervalued. The current stock price of $43.93 is trading 33.2% below its estimated GF Value™ of $65.77. GuruFocus considers Fortune Brands Innovations to be Significantly Undervalued.

Key valuation signals for LTS:0IRN:

  • Shares Outstanding (Basic Average): 120 Mil
  • GF Value™: $65.77 vs. price of $43.93 (33.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the LTS:0IRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Brands Innovations Business Description

Address 1 Horizon Way, Building N, Deerfield, IL, USA, 60015-3888
Fortune Brands is a US-based homebuilding products company that sells building-related products serving R&R and new construction markets. The company operates in three segments: water, outdoors, and security. Water innovation, including plumbing fixtures and faucets, accounts for around 55% of total sales and features brands such as Moen, House of Rohl, and Aqualisa. The outdoors segment includes decking, railing, and doors and makes up 30% of total sales, featuring brands such as Larson, Fiberon, and Therma-Tru. The security segment, which includes smart residential padlocks, accounts for the remaining 15% of sales and features brands such as MasterLock, SentrySafe, Yale, and AmericanLock.
69GF Score

Get the complete analysis for LTS:0IRN

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

$43.93
Price
$65.77
GF Value