Air T is a holding company. Through its subsidiaries, Co. operates in four industry segments: overnight air cargo, which operates in the air express delivery services industry; ground equipment sales, which manufactures and provides mobile deicers and other equipment products to passenger and cargo airlines, airports, the military and industrial customers; and commercial jet engines and parts, which manages and leases aviation assets, supplies surplus and aftermarket commercial jet engines and jet engine components, provides commercial aircraft disassembly/part-out services, commercial aircraft parts sales, procurement services and overhaul and repair services to airlines. We show 49 historical shares outstanding datapoints in our AIRT shares outstanding history coverage, used to compute AIRT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AIRT market cap history over the course of time is important for investors
interested in comparing AIRT'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 AIRT versus a peer is one thing; comparing
AIRT 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 AIRT can fluctuate over the course of history.
With this page we aim to empower investors researching AIRT by allowing them to research the AIRT market cap history. |