American Railcar Industries designs and manufactures railcars and a range of components primarily for the North American railcar and industrial markets. Co. also supports the railcar industry by providing a variety of railcar repair services, ranging from full to light repair, engineering and on-site repairs and maintenance through its various repair facilities, including mobile units and mini shops. Co. has three segments: manufacturing, which manufactures two types of railcars, hopper and tank railcars; railcar leasing, in which customers may lease Co.'s hopper and tank railcars through various leasing options; and railcar services, which focuses on repair, engineering and field services. We show 36 historical shares outstanding datapoints in our ARII shares outstanding history coverage, used to compute ARII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARII market cap history over the course of time is important for investors
interested in comparing ARII'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 ARII versus a peer is one thing; comparing
ARII 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 ARII can fluctuate over the course of history.
With this page we aim to empower investors researching ARII by allowing them to research the ARII market cap history. |
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Video: The Importance of Market Cap
