Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. Co. is a global developer, manufacturer, and marketer of specialty chemicals. Its segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. We show 60 historical shares outstanding datapoints in our ALB shares outstanding history coverage, used to compute ALB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALB market cap history over the course of time is important for investors
interested in comparing ALB'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 ALB versus a peer is one thing; comparing
ALB 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 ALB can fluctuate over the course of history.
With this page we aim to empower investors researching ALB by allowing them to research the ALB market cap history. |
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Video: The Importance of Market Cap
