Eagle Materials (MEX:EXP) Shares Outstanding (Basic Average): 31 Mil (As of Mar. 2026)


MEX:EXP Eagle Materials Inc MEX:EXP
70 GF Score
Price MXN3,402.01
GF Value MXN3,699.30
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Eagle Materials Shares Outstanding (Basic Average)?

Eagle Materials MEX:EXP 70 Shares Outstanding (Basic Average) is 31 Mil as of Mar. 2026. GuruFocus rates MEX:EXP with a GF Score™ of 70/100 and a GF Value™ of MXN3,699.30 (Fairly Valued). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Eagle Materials's average basic shares outstanding for the quarter that ended in Mar. 2026 was 31 Mil.


Eagle Materials  (MEX:EXP) 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.


Eagle Materials Shares Outstanding (Basic Average) Related Terms


Eagle Materials Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Eagle Materials'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.

Eagle Materials Shares Outstanding (Basic Average) Chart

Eagle Materials Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.55 36.80 34.81 33.38 32.02

Eagle Materials 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 33.03 32.62 32.30 31.83 31.32
MEX:EXP
70GF Score
Eagle Materials Inc MEX:EXP
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eagle Materials 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 31 Mil mean?
Eagle Materials (MEX:EXP) has a Shares Outstanding (Basic Average) of 31 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Eagle Materials and its competitors.
Is Eagle Materials' Shares Outstanding (Basic Average) too high?
Eagle Materials' current Shares Outstanding (Basic Average) is 31 Mil. Overall, Eagle Materials has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eagle Materials' Shares Outstanding (Basic Average) compare to KNF and USLM?
Eagle Materials' Shares Outstanding (Basic Average) of 31 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Shares Outstanding (Basic Average) depends on the Building Materials 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 Eagle Materials and its competitors. Eagle Materials's current Shares Outstanding (Basic Average) is 31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Materials stock overvalued right now?
Based on GuruFocus' analysis, Eagle Materials (MEX:EXP) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,699.30, compared to a current price of MXN3,402.01 — trading 8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 31 Mil. Eagle Materials' overall GF Score™ is 70/100 with 3 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 Eagle Materials (MEX:EXP), the current Shares Outstanding (Basic Average) is 31 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 Eagle Materials (MEX:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Materials stock appears to be undervalued. The current stock price of MXN3,402.01 is trading 8% below its estimated GF Value™ of MXN3,699.30. GuruFocus considers Eagle Materials to be Fairly Valued.

Key valuation signals for MEX:EXP:

  • Shares Outstanding (Basic Average): 31 Mil
  • GF Value™: MXN3,699.30 vs. price of MXN3,402.01 (8% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Eagle Materials Business Description

Address 5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc is engaged in the manufacture of heavy construction products and light building materials. Its primary products, Cement and Gypsum Wallboard, are essential for building, expanding, and repairing roads, highways, and residential, commercial, and industrial structures across America. The business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. The primary end market for the Cement and Concrete and Aggregates segments is infrastructure, while the primary end market for the Gypsum Wallboard and Recycled Paperboard segments is residential construction.
70GF Score

Get the complete analysis for MEX:EXP

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

MXN3,402.01
Price
MXN3,699.30
GF Value