| Aerojet Rocketdyne Holdings' operations are organized into two segments: Aerospace and Defense, which includes Co.'s wholly-owned subsidiary Aerojet Rocketdyne, Inc., a technology-based engineering and manufacturing company that develops and produces propulsion systems, as well as armament systems, where Co. develops and manufactures several propulsion types (liquid, solid, air-breathing, and electric) for space, defense, civil and commercial applications; and Real Estate, which includes the activities of Co.'s wholly-owned subsidiary Easton Development Company, LLC related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. We show 47 historical shares outstanding datapoints in our AJRD shares outstanding history coverage, used to compute AJRD market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AJRD market cap history over the course of time is important for investors
interested in comparing AJRD'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 AJRD versus a peer is one thing; comparing
AJRD 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 AJRD can fluctuate over the course of history.
With this page we aim to empower investors researching AJRD by allowing them to research the AJRD market cap history.