Armstrong World Industries is a manufacturer and designer of ceiling systems for use in the construction and renovation of commercial and residential buildings in the Americas. Co.'s products primarily include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. Co. also manufactures ceiling suspension system (grid) products. Co.'s operating segments are as follows: Mineral Fiber, which produces suspended mineral fiber and soft fiber ceiling systems for use in commercial and residential settings; and Architectural Specialties, which produces, designs and sources ceilings and walls for use in commercial settings. We show 57 historical shares outstanding datapoints in our AWI shares outstanding history coverage, used to compute AWI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AWI market cap history over the course of time is important for investors
interested in comparing AWI'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 AWI versus a peer is one thing; comparing
AWI 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 AWI can fluctuate over the course of history.
With this page we aim to empower investors researching AWI by allowing them to research the AWI market cap history. |
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Video: The Importance of Market Cap
