Arconic is a provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance the ground transportation, aerospace, industrial, packaging and building and construction markets. Co. operates three reportable segments: Rolled Products, Extrusions, and Building and Construction Systems. Rolled Products segment produces aluminum sheet and plate for a variety of end markets. Extrusions segment produces a range of extruded and machined parts for the aerospace, automotive, commercial transportation, and industrial products end markets. Building and Construction Systems segment manufactures products. We show 19 historical shares outstanding datapoints in our ARNC shares outstanding history coverage, used to compute ARNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ARNC market cap history over the course of time is important for investors
interested in comparing ARNC'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 ARNC versus a peer is one thing; comparing
ARNC 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 ARNC can fluctuate over the course of history.
With this page we aim to empower investors researching ARNC by allowing them to research the ARNC market cap history. |
Video: The Importance of Market Cap
