Any Ford employee who has served the company for at least 12 months is eligible to become a profit sharing partner. Until 2023, this only included full-time and part-time employees.
To be fair, it wouldn't be prudent to expect Ford to reach $100 anytime soon, and even Toyota Motors (TM) - which is the most valuable legacy automaker - has a market cap below $300 billion. Another analogy, however, could be the comparison with Tesla (TSLA), which currently has a market cap of around $700 billion.
While having a large number of shares outstanding can provide a startup with various benefits such as increased liquidity and access to capital, it can also come with risks such as dilution, shareholder disputes, and takeover threats.
Tesla (TSLA) Book Value per Share : $21.81 (As of Sep. 2024)
Ford is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were: The Vanguard Group (8.71%) BlackRock (7.20%)
The formula for calculating the shares outstanding consists of subtracting the shares repurchased from the total shares issued to date.
Investors can find the total number of outstanding shares a company has on its balance sheet. Outstanding shares can also be used to calculate some key financial metrics, including a company's market cap and its earnings per share. They are separate from treasury shares, which are held by the company itself.
Are More Shares Outstanding Good or Bad? Shares outstanding is just the amount of all the company's stock that's in the hands of its stockholders. By itself, it is not intrinsically good or bad.
Outstanding shares refer to the number of stocks that a company has issued. This number represents all the shares that can be bought and sold by the public as well as all the restricted shares that require special permission before being transacted.
A publicly traded company's total number of shares outstanding can usually be found on their investor relations webpage, on stock exchanges' websites, or in the shareholder's equity section on a company's balance sheet as filed with an authorized information service like the U.S. Securities and Exchange Commission.