AK Steel Holding is a producer of flat-rolled carbon, stainless and electrical steels products primarily for the automotive, infrastructure and manufacturing, and distributors and converters markets through its wholly-owned subsidiary, AK Steel Corporation. Co.'s other subsidiaries also provide customer solutions with carbon and stainless steel tubing products, solutions, tool design, hot- and cold-stamped steel components and assemblies. Co. sells its carbon steel products mainly to customers in North America, and it sells its electrical and stainless steel products primarily in North America and Europe. Co. also produces metallurgical coal through its AK Coal Resources, Inc. subsidiary. We show 39 historical shares outstanding datapoints in our AKS shares outstanding history coverage, used to compute AKS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AKS market cap history over the course of time is important for investors
interested in comparing AKS'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 AKS versus a peer is one thing; comparing
AKS 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 AKS can fluctuate over the course of history.
With this page we aim to empower investors researching AKS by allowing them to research the AKS market cap history. |
Video: The Importance of Market Cap
