GLAD (Gladstone Capital) Shares Outstanding (Diluted Average): 28.37 Mil (As of Jun. 2026)

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GLAD Gladstone Capital Corp GLAD
48 GF Score
Price $19.58
GF Value $20.16
Valuation Fairly Valued
! 7 Warning Signs
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What is Gladstone Capital Shares Outstanding (Diluted Average)?

Gladstone Capital GLAD +0.59% 48 Shares Outstanding (Diluted Average) is 28.37 Mil as of Jun. 2026. GuruFocus rates GLAD with a GF Score™ of 48/100 and a GF Value™ of $20.16 (Fairly Valued). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Gladstone Capital's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 28.37 Mil.


Gladstone Capital  (NAS:GLAD) Shares Outstanding (Diluted 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.


Gladstone Capital Shares Outstanding (Diluted Average) Related Terms


Gladstone Capital Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Gladstone Capital's Shares Outstanding (Diluted 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.

Gladstone Capital Shares Outstanding (Diluted Average) Chart

Gladstone Capital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.62 17.18 18.66 21.78 22.66

Gladstone Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Outstanding (Diluted 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 22.33 23.68 28.37 28.37 28.37
GLAD
48GF Score
Gladstone Capital Corp GLAD
Shares Outstanding (Diluted Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Gladstone Capital Shares Outstanding (Diluted 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 (Diluted Average) of 28.37 Mil mean?
Gladstone Capital (GLAD) has a Shares Outstanding (Diluted Average) of 28.37 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Gladstone Capital and its competitors.
Is Gladstone Capital's Shares Outstanding (Diluted Average) too high?
Gladstone Capital's current Shares Outstanding (Diluted Average) is 28.37 Mil. Overall, Gladstone Capital has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gladstone Capital's Shares Outstanding (Diluted Average) compare to DFP and EVN?
Gladstone Capital's Shares Outstanding (Diluted Average) of 28.37 Mil can be compared against companies in the Asset Management 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 (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Gladstone Capital and its competitors. Gladstone Capital's current Shares Outstanding (Diluted Average) is 28.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gladstone Capital stock overvalued right now?
Based on GuruFocus' analysis, Gladstone Capital (GLAD) is currently considered Fairly Valued. The stock's GF Value™ is $20.16, compared to a current price of $19.58 — trading 2.9% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 28.37 Mil. Gladstone Capital's overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Gladstone Capital (GLAD), the current Shares Outstanding (Diluted Average) is 28.37 Mil as of Jun. 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 Gladstone Capital (GLAD) Overvalued in 2026?

Based on GuruFocus' analysis, Gladstone Capital stock appears to be undervalued. The current stock price of $19.58 is trading 2.9% below its estimated GF Value™ of $20.16. GuruFocus considers Gladstone Capital to be Fairly Valued.

Key valuation signals for GLAD:

  • Shares Outstanding (Diluted Average): 28.37 Mil
  • GF Value™: $20.16 vs. price of $19.58 (2.9% below fair value)
  • GF Score™: 48/100 with 7 warning signs

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


Gladstone Capital Business Description

Other Exchanges 1G70:Germany
Address 1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness, and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.
48GF Score

Get the complete analysis for GLAD

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

$19.58
Price
$20.16
GF Value