Alphabet Inc. is a holding company. Co.'s segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. We show 41 historical shares outstanding datapoints in our GOOG shares outstanding history coverage, used to compute GOOG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Alphabet market cap history over the course of time is important for investors
interested in comparing Alphabet'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 Alphabet versus a peer is one thing; comparing
Alphabet 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 Alphabet can fluctuate over the course of history.
With this page we aim to empower investors researching Alphabet by allowing them to research the Alphabet market cap history. |
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Video: The Importance of Market Cap
