Albemarle is a developer, manufacturer and marketer of chemicals across a range of end markets including energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection and custom chemistry services. Co.'s segments include: Lithium and Advanced Materials, which consisted of Lithium and Performance Catalyst Solutions; Bromine Specialties, which includes products used in fire safety solutions and other specialty chemicals applications; and Refining Solutions, which consisted of two main product lines: Clean Fuels Technologies composed of hydroprocessing catalysts and fluidized catalytic cracking catalysts and additives. We show 37 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. |
Video: The Importance of Market Cap
