Air Products and Chemicals provides industrial gases, related equipment, and applications capability. Co. develops, engineers, builds, owns, and operates industrial gas and carbon-capture projects, supplying hydrogen that will support global transportation, industrial markets, and the broader energy transition away from fossil fuels. Co. engages in hydrogen, helium, and liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems, and cryogenic containers globally. Co.'s industrial gases business produces and sells atmospheric gases, such as oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, and carbon dioxide; and specialty gases. We show 56 historical shares outstanding datapoints in our APD shares outstanding history coverage, used to compute APD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Air Products and Chemicals market cap history over the course of time is important for investors
interested in comparing Air Products and Chemicals'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 Air Products and Chemicals versus a peer is one thing; comparing
Air Products and Chemicals 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 Air Products and Chemicals can fluctuate over the course of history.
With this page we aim to empower investors researching Air Products and Chemicals by allowing them to research the Air Products and Chemicals market cap history. |
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Video: The Importance of Market Cap
