Archer Daniels Midland is a producers of food and beverage ingredients, and other products made from oilseeds, corn, wheat, and other agricultural commodities. Co. operates in four segments: Agricultural Services, which buy, store, clean, and transport agricultural commodities and resells these commodities primarily as food and feed ingredients and as raw materials; Corn Processing, which is engaged in corn wet milling and dry milling activities; Oilseeds Processing, which is engaged in the origination, merchandising, crushing, and further processing of oilseeds; and Wild Flavors and Specialty Ingredients, which engages in the manufacturing, sales, and distribution of specialty products. We show 36 historical shares outstanding datapoints in our ADM shares outstanding history coverage, used to compute ADM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ADM market cap history over the course of time is important for investors
interested in comparing ADM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ADM versus a peer is one thing; comparing
ADM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ADM can fluctuate over the course of history.
With this page we aim to empower investors researching ADM by allowing them to research the ADM market cap history. |
Video: The Importance of Market Cap
